Lithuania: Market for Footwear with Uppers of Textile Materials 2024

Market Size for Footwear with Uppers of Textile Materials in Lithuania

The Lithuanian market for footwear with uppers of textile materials totaled $X in 2022, rising by 15% against the previous year. Over the period under review, consumption saw resilient growth. Consumption of peaked in 2022 and is expected to retain growth in the immediate term.

Production of Footwear with Uppers of Textile Materials in Lithuania

In value terms, production of footwear with uppers of textile materials soared to $X in 2022 estimated in export price. In general, production showed a significant expansion. The pace of growth appeared the most rapid in 2015 with an increase of 270% against the previous year. Over the period under review, production of hit record highs in 2022 and is expected to retain growth in the immediate term.

Exports of Footwear with Uppers of Textile Materials

Exports from Lithuania

In 2022, overseas shipments of footwear with uppers of textile materials increased by 0.3% to X pairs for the first time since 2019, thus ending a two-year declining trend. Overall, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when exports increased by 30%. The exports peaked at X pairs in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, exports of footwear with uppers of textile materials surged to $X in 2022. In general, exports recorded a remarkable increase. The growth pace was the most rapid in 2013 when exports increased by 39%. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

Latvia (X pairs), Poland (X pairs) and Russia (X pairs) were the main destinations of exports of footwear with uppers of textile materials from Lithuania, with a combined 58% share of total exports. Estonia, Kazakhstan, Kyrgyzstan, the Czech Republic and Bulgaria lagged somewhat behind, together accounting for a further 34%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic (with a CAGR of +72.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for footwear with uppers of textile materials exported from Lithuania were Russia ($X), Poland ($X) and Latvia ($X), together comprising 67% of total exports. Estonia, the Czech Republic, Kazakhstan, Kyrgyzstan and Bulgaria lagged somewhat behind, together comprising a further 25%.

Kyrgyzstan, with a CAGR of +82.2%, saw the highest rates of growth with regard to the value of exports, in terms of 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

The average export price for footwear with uppers of textile materials stood at $X per pair in 2022, picking up by 23% against the previous year. In general, the export price continues to indicate strong growth. The most prominent rate of growth was recorded in 2021 an increase of 34%. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per pair), while the average price for exports to Bulgaria ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+15.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Footwear with Uppers of Textile Materials

Imports into Lithuania

In 2022, purchases abroad of footwear with uppers of textile materials was finally on the rise to reach X pairs for the first time since 2019, thus ending a two-year declining trend. Overall, total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when imports increased by 25%. Imports peaked at X pairs in 2019; afterwards, it flattened through to 2022.

In value terms, imports of footwear with uppers of textile materials expanded notably to $X in 2022. In general, imports posted a buoyant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 43% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, China (X pairs) constituted the largest footwear with uppers of textile materials supplier to Lithuania, with a 56% share of total imports. Moreover, imports of footwear with uppers of textile materials from China exceeded the figures recorded by the second-largest supplier, Poland (X pairs), threefold. The third position in this ranking was held by Germany (X pairs), with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+11.8% per year) and Germany (+5.2% per year).

In value terms, Poland ($X), Germany ($X) and China ($X) constituted the largest footwear with uppers of textile materials suppliers to Lithuania, with a combined 66% share of total imports. Italy, the Netherlands, Latvia and Turkey lagged somewhat behind, together comprising a further 20%.

The Netherlands, with a CAGR of +26.0%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for footwear with uppers of textile materials amounted to $X per pair, which is down by -4.3% against the previous year. Overall, the import price, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 53% against the previous year. As a result, import price attained the peak level of $X per pair, and then declined slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per pair), while the price for China ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform