Lithuania - Sacks And Bags Of Cotton - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCotton Bag Price in Lithuania - 2023
Contents:
- Cotton Bag Price in Lithuania (FOB) - 2022
- Cotton Bag Price in Lithuania (CIF) - 2022
- Cotton Bag Exports in Lithuania
- Cotton Bag Imports in Lithuania
Cotton Bag Price in Lithuania (FOB) - 2022
In 2022, the average cotton bag export price amounted to $19,648 per ton, declining by -55.2% against the previous year. Over the period under review, the export price showed a drastic downturn. The pace of growth was the most pronounced in 2018 when the average export price increased by 25%. Over the period under review, the average export prices hit record highs at $43,852 per ton in 2021, and then dropped remarkably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($44,866 per ton), while the average price for exports to Poland ($8,146 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+23.6%), while the prices for the other major destinations experienced more modest paces of growth.
Cotton Bag Price in Lithuania (CIF) - 2022
The average cotton bag import price stood at $11,391 per ton in 2022, falling by -12.8% against the previous year. In general, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cotton bag import price decreased by -8.0% against 2018 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by 87%. The import price peaked at $13,068 per ton in 2021, and then fell 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 Ukraine ($23,833 per ton), while the price for Poland ($4,613 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Cotton Bag Exports in Lithuania
For the fourth consecutive year, Lithuania recorded growth in overseas shipments of sacks and bags of cotton, which increased by 264% to 28 tons in 2022. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, cotton bag exports surged to $543K in 2022. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 181% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
Export of Cotton Bag in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Denmark | 9.4 | 6.8 | 1.6 | 254 | 200.1% |
Norway | 37.1 | 101 | 135 | 145 | 57.5% |
Sweden | 19.1 | 68.9 | 9.0 | 28.5 | 14.3% |
Poland | N/A | N/A | N/A | 23.8 | 0% |
Latvia | 2.7 | 0.6 | 1.7 | 22.9 | 103.9% |
United Kingdom | 4.5 | 8.4 | 18.4 | 19.1 | 61.9% |
Russia | 14.9 | 39.5 | 25.4 | 10.2 | -11.9% |
France | N/A | 15.5 | 132 | 0.8 | -77.3% |
Others | 5.2 | 21.3 | 9.4 | 37.9 | 93.9% |
Total | 92.9 | 261 | 333 | 543 | 80.1% |
Top Export Markets for Cotton Bag from Lithuania in 2022:
- France (undefined tons)
- Denmark (16.7 tons)
- Norway (4.3 tons)
- Poland (2.9 tons)
- Latvia (1.0 tons)
- Russia (0.7 tons)
- Sweden (0.6 tons)
- United Kingdom (0.5 tons)
Cotton Bag Imports in Lithuania
In 2022, approx. 36 tons of sacks and bags of cotton were imported into Lithuania; increasing by 2.6% on the previous year's figure. Over the period under review, imports saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 168% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, cotton bag imports shrank to $406K in 2022. Overall, imports posted a significant increase. The growth pace was the most rapid in 2020 when imports increased by 211% against the previous year.
Import of Cotton Bag in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 27.9 | 119 | 274 | 317 | 124.8% |
Uzbekistan | N/A | N/A | N/A | 23.4 | 0% |
Poland | 17.9 | 23.8 | 23.8 | 16.6 | -2.5% |
Italy | 21.4 | 26.0 | 54.3 | 15.0 | -11.2% |
Germany | 6.3 | 4.9 | 6.9 | 8.5 | 10.5% |
Netherlands | N/A | 0.5 | 3.6 | 5.4 | 228.6% |
Ukraine | N/A | 53.5 | 54.1 | 0.6 | -89.4% |
Others | 11.1 | 35.9 | 36.9 | 19.6 | 20.9% |
Total | 84.7 | 263 | 454 | 406 | 68.6% |
Top Suppliers of Cotton Bag to Lithuania in 2022:
- Ukraine (undefined tons)
- China (23.6 tons)
- Uzbekistan (4.1 tons)
- Poland (3.6 tons)
- Italy (1.4 tons)
- Germany (1.0 tons)
- Netherlands (0.6 tons)
This report provides an in-depth analysis of the cotton bag market in Lithuania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13922130 - Sacks and bags, of cotton, used for packing goods
Country coverage:
- Lithuania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Lithuania
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the cotton bag market in Lithuania.
This report provides an in-depth analysis of the sack and bag market in Lithuania.
This report provides an in-depth analysis of the global cotton bag market.
This report provides an in-depth analysis of the global sack and bag market.
Global Polyethilene Bag Market Report 2018. This report provides an in-depth analysis of the global polyethilene bag market.
This report provides an in-depth analysis of the cotton bag market in Lithuania.
This report provides an in-depth analysis of the sack and bag market in Lithuania.
This report provides an in-depth analysis of the global cotton bag market.
This report provides an in-depth analysis of the global sack and bag market.
Global Polyethilene Bag Market Report 2018. This report provides an in-depth analysis of the global polyethilene bag market.
Explore the top import markets for sack and bags in 2023. Learn about the key countries driving global demand for these products.
In 2016, the amount of sack and bag imported worldwide amounted to X tons, approximately equating the previous year level. The total import volume increased at an average annual rate of +X% ove...
In 2016, the amount of sack and bag imported worldwide amounted to X tons, approximately equating the previous year level. The total import volume increased at an average annual rate of +X% ove...
Explore the top import markets for sack and bags in 2023. Learn about the key countries driving global demand for these products.
In 2016, the amount of sack and bag imported worldwide amounted to X tons, approximately equating the previous year level. The total import volume increased at an average annual rate of +X% ove...
In 2016, the amount of sack and bag imported worldwide amounted to X tons, approximately equating the previous year level. The total import volume increased at an average annual rate of +X% ove...