Lithuania: Market for Industrial Automatic Sewing Machines 2025

Market Size for Industrial Automatic Sewing Machines in Lithuania

The Lithuanian industrial automatic sewing machine market dropped notably to $X in 2022, waning by -75.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a abrupt curtailment. Industrial automatic sewing machine consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Exports of Industrial Automatic Sewing Machines

Exports from Lithuania

In 2022, exports of industrial automatic sewing machines from Lithuania totaled X units, leveling off at the previous year's figure. Over the period under review, exports enjoyed a pronounced increase. The pace of growth appeared the most rapid in 2013 with an increase of 198%. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, industrial automatic sewing machine exports reduced rapidly to $X in 2022. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 612%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Latvia (X units), Estonia (X units) and Bulgaria (X units) were the main destinations of industrial automatic sewing machine exports from Lithuania, with a combined 85% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Estonia (with a CAGR of +23.9%), while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Latvia ($X) and Estonia ($X) constituted the largest markets for industrial automatic sewing machine exported from Lithuania worldwide, together comprising 83% of total exports.

In terms of the main countries of destination, Estonia, with a CAGR of +18.3%, saw the highest growth rate of the value of exports, 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 industrial automatic sewing machine export price amounted to $X per unit, waning by -43.9% against the previous year. Overall, the export price saw a noticeable descent. The most prominent rate of growth was recorded in 2013 when the average export price increased by 139% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+7.4%), while the prices for the other major destinations experienced a decline.

Imports of Industrial Automatic Sewing Machines

Imports into Lithuania

After two years of growth, purchases abroad of industrial automatic sewing machines decreased by -72.3% to X units in 2022. Overall, imports saw a abrupt descent. The growth pace was the most rapid in 2018 when imports increased by 148% against the previous year. Over the period under review, imports reached the maximum at X units in 2021, and then shrank markedly in the following year.

In value terms, industrial automatic sewing machine imports declined dramatically to $X in 2022. In general, imports showed a abrupt decrease. The pace of growth was the most pronounced in 2020 with an increase of 97% against the previous year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest industrial automatic sewing machine supplier to Lithuania, with a 81% share of total imports. Moreover, industrial automatic sewing machine imports from China exceeded the figures recorded by the second-largest supplier, Norway (X units), tenfold. The third position in this ranking was taken by Turkey (X units), with a 4.9% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (+11.6% per year) and Turkey (+18.6% per year).

In value terms, Turkey ($X), China ($X) and Norway ($X) appeared to be the largest industrial automatic sewing machine suppliers to Lithuania, together comprising 72% of total imports.

In terms of the main suppliers, Turkey, with a CAGR of +12.4%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average industrial automatic sewing machine import price stood at $X per unit in 2022, surging by 67% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by 116%. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

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 ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform