Lithuania: Market for Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn 2025

Market Size for Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn in Lithuania

In 2022, the Lithuanian metal thread woven fabric market decreased by -50.8% to $X for the first time since 2011, thus ending a ten-year rising trend. Over the period under review, consumption, however, showed a significant increase. As a result, consumption attained the peak level of $X, and then shrank significantly in the following year.

Production of Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn in Lithuania

In value terms, metal thread woven fabric production soared to $X in 2022 estimated in export price. In general, production showed a deep slump. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn

Exports from Lithuania

Metal thread woven fabric exports from Lithuania surged to X square meters in 2022, with an increase of 216% on the previous year's figure. Over the period under review, exports, however, recorded a precipitous shrinkage. The exports peaked at X square meters in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, metal thread woven fabric exports dropped rapidly to $X in 2022. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 790% against the previous year. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Denmark (X square meters) was the main destination for metal thread woven fabric exports from Lithuania, accounting for a 96% share of total exports. Moreover, metal thread woven fabric exports to Denmark exceeded the volume sent to the second major destination, the Netherlands (X square meters), fivefold.

From 2020 to 2022, the average annual rate of growth in terms of volume to Denmark amounted to +23.3%.

In value terms, Denmark ($X) and the Netherlands ($X) constituted the largest markets for metal thread woven fabric exported from Lithuania worldwide.

The Netherlands, with a CAGR of +116.7%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average metal thread woven fabric export price amounted to $X per square meter, which is down by -85.8% against the previous year. Overall, the export price faced a dramatic decrease. The most prominent rate of growth was recorded in 2021 when the average export price increased by 249% against the previous year. As a result, the export price reached the peak level of $X per square meter, and then reduced sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per square meter), while the average price for exports to Denmark totaled $X per square meter.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+45.3%).

Imports of Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn

Imports into Lithuania

In 2022, the amount of woven fabrics of metal thread and woven fabrics of metallised yarn imported into Lithuania soared to X square meters, picking up by 263% compared with 2021. Overall, imports, however, continue to indicate a sharp contraction. Over the period under review, imports hit record highs at X square meters in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, metal thread woven fabric imports soared to $X in 2022. Over the period under review, imports, however, showed a dramatic slump. The pace of growth appeared the most rapid in 2018 when imports increased by 1,155% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X square meters) was the main supplier of metal thread woven fabric to Lithuania, accounting for a 494% share of total imports. Moreover, metal thread woven fabric imports from China exceeded the figures recorded by the second-largest supplier, Italy (X square meters), fivefold.

From 2020 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+0.7% per year) and the UK (-62.8% per year).

In value terms, the UK ($X) constituted the largest supplier of woven fabrics of metal thread and woven fabrics of metallised yarn to Lithuania, comprising 80% of total imports. The second position in the ranking was taken by China ($X), with a 20% share of total imports.

From 2020 to 2022, the average annual growth rate of value from the UK stood at -14.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-33.2% per year) and Italy (+14.9% per year).

Import Prices by Country

The average metal thread woven fabric import price stood at $X per square meter in 2022, shrinking by -6.8% against the previous year. Overall, the import price saw a deep downturn. The most prominent rate of growth was recorded in 2021 when the average import price decreased by -6%. The import price peaked at $X per square meter in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+129.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform