Lithuania: Bed Linen Market 2024

Bed Linen Market Size in Lithuania

The Lithuanian bed linen market declined to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption, however, saw a resilient expansion. Bed linen consumption peaked at $X in 2021, and then shrank in the following year.

Bed Linen Production in Lithuania

In value terms, bed linen production dropped to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a significant increase. The pace of growth appeared the most rapid in 2019 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2021, and then shrank in the following year.

Bed Linen Exports

Exports from Lithuania

In 2022, after two years of growth, there was significant decline in shipments abroad of bed linen, when their volume decreased by X% to X tons. In general, total exports indicated moderate growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then fell dramatically in the following year.

In value terms, bed linen exports reduced rapidly to $X in 2022. Over the period under review, total exports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then shrank markedly in the following year.

Exports by Country

Latvia (X tons), Estonia (X tons) and France (X tons) were the main destinations of bed linen exports from Lithuania, together accounting for X% of total exports. Russia, Germany, Sweden, Finland, the UK, Belgium, Poland and Norway lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Finland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Latvia ($X) and Estonia ($X) constituted the largest markets for bed linen exported from Lithuania worldwide, together comprising X% of total exports. Germany, Sweden, Russia, the UK, Belgium, Finland, Poland and Norway lagged somewhat behind, together comprising a further X%.

Finland, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average bed linen export price amounted to $X per ton, declining by X% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Estonia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Bed Linen Imports

Imports into Lithuania

After two years of growth, purchases abroad of bed linen decreased by X% to X tons in 2022. Over the period under review, imports, however, recorded strong growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2021, and then dropped in the following year.

In value terms, bed linen imports fell to $X in 2022. In general, imports, however, showed a buoyant increase. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then fell in the following year.

Imports by Country

Germany (X tons), Pakistan (X tons) and Latvia (X tons) were the main suppliers of bed linen imports to Lithuania, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest bed linen suppliers to Lithuania were Germany ($X), Pakistan ($X) and India ($X), with a combined X% share of total imports.

In terms of the main suppliers, Germany, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average bed linen import price stood at $X per ton in 2022, rising by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Latvia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform