Lithuania: Market for Machines For Preparing, Weaving And Knitting Textiles 2019

Market Size for Machines For Preparing, Weaving And Knitting Textiles in Lithuania

The revenue of the market for machines for preparing, weaving and knitting textiles in Lithuania amounted to $X in 2018, falling by -X% against the previous year. Overall, consumption of machines for preparing, weaving and knitting textiles continues to indicate an abrupt slump. The pace of growth was the most pronounced in 2011 when the market value increased by X% against the previous year. In that year, the market for textile weaving and knitting machinery reached its peak level of $X. From 2012 to 2018, the growth of the market for textile weaving and knitting machinery remained at a somewhat lower figure.

Production of Machines For Preparing, Weaving And Knitting Textiles in Lithuania

In value terms, production of machines for preparing, weaving and knitting textiles amounted to $X in 2018 estimated in export prices. Over the period under review, production of machines for preparing, weaving and knitting textiles continues to indicate a drastic drop. The most prominent rate of growth was recorded in 2011 when production volume increased by X% y-o-y. In that year, production of machines for preparing, weaving and knitting textiles reached its peak level of $X. From 2012 to 2018, production of machines for preparing, weaving and knitting textiles growth failed to regain its momentum.

Exports of Machines For Preparing, Weaving And Knitting Textiles

Exports from Lithuania

In 2018, the exports of machines for preparing, weaving and knitting textiles from Lithuania stood at X units, coming down by -X% against the previous year. Overall, exports of machines for preparing, weaving and knitting textiles continue to indicate an abrupt drop. The pace of growth was the most pronounced in 2010 when exports increased by X% y-o-y. Over the period under review, exports of machines for preparing, weaving and knitting textiles reached their peak figure at X units in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, exports of machines for preparing, weaving and knitting textiles stood at $X in 2018. Over the period under review, exports of machines for preparing, weaving and knitting textiles continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Lithuania exports peaked at $X in 2012; however, from 2013 to 2018, exports failed to regain their momentum.

Exports by Country

In 2018, China (X units), distantly followed by Singapore (X units), Japan (X units), Jordan (X units), Italy (X units) and New Zealand (X units) were the main exporters of machines for preparing, weaving and knitting textiles, together creating X% of total exports. India (X units), the UK (X units), Vietnam (X units), the U.S. (X units) and Taiwan, Chinese (X units) took a relatively small share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Singapore, while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), China ($X) and Italy ($X) were the countries with the highest levels of exports in 2018, with a combined X% share of total exports. These countries were followed by India, Taiwan, Chinese, the U.S., the UK, Vietnam, Singapore, Lithuania, New Zealand and Jordan, which together accounted for a further X experienced the highest rates of growth with regard to exports, in terms of the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the export price for machines for preparing, weaving and knitting textiles in Lithuania amounted to $X per unit, dropping by -X% against the previous year. Over the period under review, the export price for machines for preparing, weaving and knitting textiles, however, continues to indicate a strong expansion. The growth pace was the most rapid in 2015 an increase of X% y-o-y. Lithuania export price peaked at $X per unit in 2012; however, from 2013 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($X per unit), while Jordan ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by India, while the other leaders experienced more modest paces of growth.

Imports of Machines For Preparing, Weaving And Knitting Textiles

Imports into Lithuania

In 2018, the imports of machines for preparing, weaving and knitting textiles into Lithuania stood at X units, going up by X% against the previous year. Overall, imports of machines for preparing, weaving and knitting textiles continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Over the period under review, imports of machines for preparing, weaving and knitting textiles reached their peak figure at X units in 2016; however, from 2017 to 2018, imports failed to regain their momentum.

In value terms, imports of machines for preparing, weaving and knitting textiles amounted to $X in 2018. Over the period under review, imports of machines for preparing, weaving and knitting textiles continue to indicate a measured expansion. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, imports of machines for preparing, weaving and knitting textiles attained their peak figure in 2018 and are expected to retain its growth in the near future.

Imports by Country

The UK (X units) and Canada (X units) represented the main importers of machines for preparing, weaving and knitting textiles in 2018, recording near X% and X% of total imports, respectively. It was distantly followed by India (X units), creating a X% share of total imports. Bangladesh (X units), Vietnam (X units), the U.S. (X units), Mexico (X units), South Africa (X units), Germany (X units), Thailand (X units), Greece (X units) and the Netherlands (X units) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Canada, while the other leaders experienced more modest paces of growth.

In value terms, India ($X) constitutes the largest market for imported machines for preparing, weaving and knitting textiles into Lithuania, comprising X% of global imports. The second position in the ranking was occupied by Bangladesh ($X), with a X% share of global imports. It was followed by Vietnam, with a X% share.

From 2007 to 2018, the average annual growth rate of value in India amounted to +X%. In the other countries, the average annual rates were as follows: Bangladesh (+X% per year) and Vietnam (+X% per year).

Import Prices by Country

In 2018, the import price for machines for preparing, weaving and knitting textiles in Lithuania amounted to $X per unit, growing by X% against the previous year. Overall, the import price for machines for preparing, weaving and knitting textiles, however, continues to indicate a drastic drop. The pace of growth was the most pronounced in 2011 an increase of X% y-o-y. Over the period under review, the import prices for machines for preparing, weaving and knitting textiles reached their maximum at $X per unit in 2008; however, from 2009 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was India ($X per unit), while Greece ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform