Cotton knitted jerseys and pullovers market in Lithuania

Earlier Report Observations

From 2018 to 2024, the Lithuanian market for cotton knitted jerseys and pullovers more than doubled in volume, reaching 2.5 million pieces. The initial growth was supported by active wholesale trade, which provided a wide selection of classic and experimentally decorated models, alongside consumer trends favoring pastel colors and natural materials like cotton and linen.

Market volume accelerated to 1.8 million pieces in 2020, reinforced by a wholesale focus on quality winter materials such as wool and cashmere. The subsequent introduction of sporty designs and decorative elements, followed by the expansion into plus-size collections addressing body-positive demand, helped push volume to a peak of 2.4 million pieces in 2022. After a correction to 2.2 million pieces in 2023, the market recovered to 2.5 million pieces in 2024, with its value rising steadily to 24.4 million USD.

Production cotton knitted jerseys and pullovers in Lithuania

In value, 2018-2021, K $ US

Lithuania's production of cotton knitted jerseys and pullovers declined for the third consecutive year. In 2021, output was valued at 4 100 K $ US, marking a 5.3% year-on-year decrease. From 2018 to 2021, production fell by 25%, with a compound annual growth rate of -9.2%.

Annual dynamics of production in Lithuania in value, 2018-2021, K $ US

In kind, 2018-2021, K unit

Production of cotton knitted jerseys and pullovers in Lithuania declined for the second consecutive year. In 2021, 174.7 K units were produced, representing a 19.3% reduction compared to the previous year. From 2018 to 2021, production decreased by 15.5%, with a compound annual growth rate of -5.4%. The highest output was recorded in 2019 at 276.3 K units, which saw the largest increase of 33.7%. In 2020, production experienced the largest decline of 21.6%.

Annual dynamics of production in Lithuania in kind, 2018-2021, K unit

Exports cotton knitted jerseys and pullovers from Lithuania

Exports in kind, K unit

In 2021, Lithuania's exports of cotton knitted jerseys and pullovers totalled 1 188 K units, showing a sharp rise of 47.1% compared to the previous year. From 2018 to 2021, exports increased by 19.2%, with a compound annual growth rate of 6.0%. The lowest export volume was recorded in 2020 at 808 K units, which also saw the largest decline of 20.8%.

Annual dynamics of product's exports from Lithuania in kind, 2018-2021, K unit

From 2018 to 2021, Russia, Germany, and Latvia were the main destinations for Lithuania's exports of cotton knitted jerseys and pullovers in kind. Russia accounted for 51.7% of exports, Germany for 8.8%, and Latvia for 7.4%, together absorbing 67.8% of total exports.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Lithuania in kind, 2018-2021

Exports in value, K $ US

In 2021, Lithuania's export volume of cotton knitted jerseys and pullovers amounted to 16 130 K $ US, equivalent to a 38.8% rise compared to the previous year. From 2018 to 2021, exports increased by 22.8%, with a compound annual growth rate of 7.1%. The minimum value was recorded in 2020 at 11 622 K $ US, which saw the largest decline of 18.2%.

Annual dynamics of product's exports from Lithuania in value, 2018-2021, K $ US

From 2018 to 2021, Russia, Germany, and Sweden led the structure of Lithuania's exports in value terms. Russia accounted for 51.3% of exports, Germany for 12.5%, and Sweden for 5.7%, together representing 69.5% of total flows.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Lithuania in value, 2018-2021

Imports cotton knitted jerseys and pullovers to Lithuania

Imports in kind, K unit

Lithuania's imports of cotton knitted jerseys and pullovers increased for the third consecutive year. In 2021, imports reached 2 839 K units, constituting a strong rise of 18.8% compared to 2020. Between 2018 and 2021, imports grew by 38.4%, equating to an annualized rate of 11.4%.

Annual dynamics of product's imports to Lithuania in kind, 2018-2021, K unit

Throughout 2018 to 2021, Poland, Germany, and Italy were the main markets for Lithuania's imports of cotton knitted jerseys and pullovers in kind. Poland accounted for 32.0% of imports, Germany for 17.6%, and Italy for 11.0%, jointly taking 60.5% of total flows.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Lithuania in kind, 2018-2021

Imports in value, K $ US

The volume of cotton knitted jerseys and pullovers imports to Lithuania increased for the third consecutive year. In 2021, imports amounted to 32 747 K $ US, representing a sharp advance of 43.2% compared to 2020. Between 2018 and 2021, imports rose by 72%, equating to an annualized rate of 19.8%.

Annual dynamics of product's imports to Lithuania in value, 2018-2021, K $ US

Throughout 2018 to 2021, Poland, Germany, and Italy played leading roles in Lithuania's imports in value terms. Poland accounted for 24.6% of imports, Germany for 19.4%, and Italy for 15.4%, jointly taking 59.3% of total flows.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Lithuania in value, 2018-2021