Lithuania: Tufted Carpet Market 2025

Tufted Carpet Market Size in Lithuania

The Lithuanian tufted carpet market fell slightly to $X in 2022, reducing by -4.8% against the previous year. Over the period under review, consumption, however, enjoyed a strong increase. Tufted carpet consumption peaked at $X in 2021, and then contracted in the following year.

Tufted Carpet Production in Lithuania

In value terms, tufted carpet production reduced modestly to $X in 2022 estimated in export price. Overall, production, however, posted a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 161%. Tufted carpet production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Tufted Carpet Exports

Exports from Lithuania

In 2022, the amount of tufted carpets and other tufted textile floor coverings exported from Lithuania soared to X square meters, rising by 15% compared with the previous year. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 47%. The exports peaked at X square meters in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, tufted carpet exports expanded rapidly to $X in 2022. In general, total exports indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +15.8% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of 71% against the previous year. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Russia (X square meters) was the main destination for tufted carpet exports from Lithuania, with a 73% share of total exports. Moreover, tufted carpet exports to Russia exceeded the volume sent to the second major destination, Kazakhstan (X square meters), eightfold. The third position in this ranking was taken by Uzbekistan (X square meters), with an 8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia stood at -1.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+12.4% per year) and Uzbekistan (+10.8% per year).

In value terms, Russia ($X) remains the key foreign market for tufted carpets and other tufted textile floor coverings exports from Lithuania, comprising 69% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a 15% share of total exports. It was followed by Uzbekistan, with a 5.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia stood at -1.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+18.3% per year) and Uzbekistan (+2.2% per year).

Export Prices by Country

In 2022, the average tufted carpet export price amounted to $X per square meter, dropping by -5.9% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average export price increased by 36%. The export price peaked at $X per square meter in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per square meter), while the average price for exports to Latvia ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.

Tufted Carpet Imports

Imports into Lithuania

In 2022, imports of tufted carpets and other tufted textile floor coverings into Lithuania declined to X square meters, shrinking by -2% on 2021. Overall, imports, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2017 with an increase of 32%. Imports peaked at X square meters in 2019; afterwards, it flattened through to 2022.

In value terms, tufted carpet imports rose slightly to $X in 2022. Over the period under review, imports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of 50% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

Belgium (X square meters), the Netherlands (X square meters) and Poland (X square meters) were the main suppliers of tufted carpet imports to Lithuania, together accounting for 47% of total imports. Latvia, France, Denmark, the UK, Germany, China, Egypt and Italy lagged somewhat behind, together comprising a further 48%.

From 2012 to 2022, the biggest increases were recorded for Egypt (with a CAGR of +42.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), the Netherlands ($X) and Denmark ($X) were the largest tufted carpet suppliers to Lithuania, with a combined 44% share of total imports. France, Poland, the UK, Germany, Italy, Latvia, Egypt and China lagged somewhat behind, together comprising a further 50%.

Egypt, with a CAGR of +38.9%, 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

The average tufted carpet import price stood at $X per square meter in 2022, growing by 6.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 36%. The import price peaked in 2022 and is expected to retain growth in years to come.

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 Italy ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform