Lithuania: Women Swimwear Market 2024

Women Swimwear Market Size in Lithuania

The Lithuanian women swimwear market soared to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption, however, saw a abrupt downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Women Swimwear Production in Lithuania

In value terms, women swimwear production amounted to $X in 2022 estimated in export price. Overall, production posted buoyant growth. The growth pace was the most rapid in 2017 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Women Swimwear Exports

Exports from Lithuania

After five years of decline, overseas shipments of womens swimwear (excluding of knitted or crocheted textiles) increased by X% to X units in 2022. In general, exports, however, continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, women swimwear exports reached $X in 2022. Overall, exports posted buoyant growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Belarus (X units) was the main destination for women swimwear exports from Lithuania, with a X% share of total exports. Moreover, women swimwear exports to Belarus exceeded the volume sent to the second major destination, Russia (X units), fourfold. The third position in this ranking was taken by Bulgaria (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belarus stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Bulgaria (X% per year).

In value terms, Belarus ($X), Russia ($X) and Poland ($X) appeared to be the largest markets for women swimwear exported from Lithuania worldwide, together accounting for X% of total exports. Cyprus, Bulgaria, Latvia, Kazakhstan, Estonia and the UK lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Cyprus, with a CAGR of X%, recorded 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

The average women swimwear export price stood at $X per unit in 2022, declining by X% against the previous year. Overall, the export price, however, continues to indicate a strong expansion. The growth pace was the most rapid in 2020 an increase of X% against the previous year. The export price peaked at $X per unit in 2021, and then reduced markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Belarus ($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 Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Women Swimwear Imports

Imports into Lithuania

In 2022, the amount of womens swimwear (excluding of knitted or crocheted textiles) imported into Lithuania rose significantly to X units, with an increase of X% on 2021. Overall, imports continue to indicate a moderate expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports reached the maximum at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, women swimwear imports shrank dramatically to $X in 2022. In general, imports recorded a resilient increase. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then fell markedly in the following year.

Imports by Country

Poland (X units), France (X units) and Germany (X units) were the main suppliers of women swimwear imports to Lithuania, with a combined X% share of total imports. Italy, China, Austria and Estonia lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest women swimwear suppliers to Lithuania were Poland ($X), Italy ($X) and France ($X), together comprising X% of total imports.

In terms of the main suppliers, Italy, with a CAGR of X%, 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 more modest paces of growth.

Import Prices by Country

In 2022, the average women swimwear import price amounted to $X per unit, shrinking by X% against the previous year. In general, the import price, however, showed resilient growth. The pace of growth appeared the most rapid in 2020 an increase of X%. The import price peaked at $X per unit in 2021, and then fell notably in the following year.

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

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

Source: IndexBox Platform