Lithuania: Market for Silk Shawls And Scarves 2025

Market Size for Silk Shawls And Scarves in Lithuania

The Lithuanian silk shawl and scarf market soared to $X in 2022, growing by 56% against the previous year. Overall, consumption, however, showed a deep setback. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Silk Shawls And Scarves in Lithuania

In value terms, silk shawl and scarf production declined markedly to $X in 2022 estimated in export price. Overall, production showed a deep slump. The most prominent rate of growth was recorded in 2021 when the production volume increased by 470% against the previous year. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Exports of Silk Shawls And Scarves

Exports from Lithuania

In 2022, approx. X units of silk shawls and scarves were exported from Lithuania; increasing by 5.3% on 2021 figures. Over the period under review, exports, however, showed a abrupt contraction. The pace of growth was the most pronounced in 2013 when exports increased by 153% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, silk shawl and scarf exports shrank remarkably to $X in 2022. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when exports increased by 214%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Norway (X units), Kyrgyzstan (X units) and Kazakhstan (X units) were the main destinations of silk shawl and scarf exports from Lithuania, together comprising 75% of total exports.

From 2012 to 2022, the biggest increases were recorded for Kyrgyzstan (with a CAGR of +195.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for silk shawl and scarf exported from Lithuania were Russia ($X), Norway ($X) and Kyrgyzstan ($X), with a combined 73% share of total exports.

Kyrgyzstan, with a CAGR of +169.8%, recorded the highest rates of growth with regard to 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 silk shawl and scarf export price amounted to $X per unit, with a decrease of -29.2% against the previous year. In general, the export price, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2016 an increase of 64%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2021, and then shrank rapidly in the following year.

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 Russia ($X per unit), while the average price for exports to Latvia ($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 Belgium (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Silk Shawls And Scarves

Imports into Lithuania

In 2022, the amount of silk shawls and scarves imported into Lithuania soared to X units, jumping by 87% compared with the year before. In general, imports, however, recorded a deep contraction. Imports peaked at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, silk shawl and scarf imports surged to $X in 2022. Overall, imports, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2017 with an increase of 90% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest silk shawl and scarf supplier to Lithuania, with a 51% share of total imports. Moreover, silk shawl and scarf imports from China exceeded the figures recorded by the second-largest supplier, Poland (X units), twofold. Italy (X units) ranked third in terms of total imports with a 9.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+27.4% per year) and Italy (+11.1% per year).

In value terms, the largest silk shawl and scarf suppliers to Lithuania were China ($X), Germany ($X) and Italy ($X), with a combined 70% share of total imports. Poland, the Netherlands, Spain, the UK and Belgium lagged somewhat behind, together comprising a further 21%.

Poland, with a CAGR of +24.1%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average silk shawl and scarf import price stood at $X per unit in 2022, falling by -14.9% against the previous year. In general, the import price showed a noticeable slump. The pace of growth was the most pronounced in 2017 when the average import price increased by 62% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform