Knitted jerseys and pullovers market in Lithuania

Earlier Report Observations

The market for knitted jerseys and pullovers in Lithuania showed considerable fluctuation in both volume and value from 2018 to 2024. After an initial contraction to 3.9 million units in 2019, market volume rebounded sharply to 4.6 million units in 2020. It then oscillated, reaching a peak of 5.4 million units in 2022 before settling at 5.1 million units in 2024. In value terms, the trend was more pronounced, with the market growing from $39.2 million in 2018 to nearly $59.5 million in 2022, followed by a moderate correction to $53.0 million by 2024.

These market movements were primarily shaped by import dynamics, as domestic production steadily declined from 1.8 million units to just over 1 million units over the period. Rising import volumes, particularly the surge to 7.3 million units in 2022, helped expand the overall market supply even as exports gradually diminished. The value of imports also increased significantly, especially from 2021 onward, which elevated the total market value despite the falling production output.

The consistent downward trend in local manufacturing highlights a growing reliance on imported goods to meet domestic demand. Within this context, the market includes specialized local producers like the family-operated Zina Knitting, which offers custom knitwear production services, representing a segment of smaller-scale domestic manufacturing activity.

Production knitted jerseys and pullovers in Lithuania

In value, 2018-2021, K $ US

Lithuania's production of knitted jerseys and pullovers in monetary terms saw a notable increase in 2021, following two consecutive years of decline. The output was valued at 32 059 thousand US dollars, marking a significant 22.2% rise compared to the previous year. However, looking at the broader period from 2018 to 2021, production decreased by 9.7%, which translates to an average annual decline of 3.4%. The lowest value was recorded in 2020 at 26 231 thousand US dollars, with the largest year-on-year drop occurring in 2019 at 16.1%.

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

In kind, 2018-2021, K unit

Lithuania's production volume of knitted jerseys and pullovers continued to decline for the third year in a row in 2021. The country produced 1 325 thousand units, which represents an 8.0% decrease compared to the previous year. Over the four-year span from 2018 to 2021, production fell by 26.1%, with a compound annual growth rate of -9.6%.

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

Exports knitted jerseys and pullovers from Lithuania

Exports in kind, K unit

Lithuania's export volume of knitted jerseys and pullovers rebounded in 2021 after two years of decline. Exports reached 3 096 thousand units, showing a 20.7% increase from the previous year. Despite this recent growth, exports decreased by 15.7% overall between 2018 and 2021, averaging an annual decline of 5.5%. The lowest point was in 2020 at 2 566 thousand units, with the sharpest year-on-year drop also occurring that year at 28.6%.

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

From 2018 to 2021, Lithuania's export market for knitted jerseys and pullovers in volume terms was quite diversified. The top three destinations—Russia (32.3% of exports), Ireland (9.7%), and Latvia (7.4%)—collectively accounted for 49.4% of total flows. The remaining 50.6% was distributed among numerous other countries.

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

Lithuania's exports of knitted jerseys and pullovers in monetary terms increased in 2021, ending a two-year downward trend. Exports totaled 59 312 thousand US dollars, reflecting a substantial 34.6% rise compared to the previous year. Over the period from 2018 to 2021, exports grew by 3.9%, with an average annual increase of 1.3%. The lowest value was recorded in 2020 at 44 065 thousand US dollars, and the largest decline also occurred in 2020 at 17.5%.

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

Between 2018 and 2021, Lithuania's exports of knitted jerseys and pullovers in value terms were spread across a wide range of partner countries. The top three—Russia (27.9% of exports), Germany (10.6%), and Ireland (7.8%)—together represented 46.3% 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 knitted jerseys and pullovers to Lithuania

Imports in kind, K unit

Lithuania's import volume of knitted jerseys and pullovers rose in 2021, reversing a two-year reduction. Imports amounted to 6 242 thousand units, up by 9.4% year-over-year. From 2018 to 2021, imports increased by 3.3%, with a compound annual growth rate of 1.1%. The minimum value was in 2020 at 5 708 thousand units, and the largest decline also took place in 2020 at 3.2%.

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

From 2018 to 2021, Poland (27.4% of imports), Germany (16.7%), and Italy (13.3%) consistently served as the main sources for Lithuania's imports of knitted jerseys and pullovers in volume terms. Together, these three countries accounted for 57.4% of total import 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

Lithuania's imports of knitted jerseys and pullovers in monetary terms increased in 2021 after two years of decline. Imports reached 58 241 thousand US dollars, showing a strong 34.6% growth compared to the previous year. Over the period from 2018 to 2021, imports surged by 29%, averaging an annual increase of 8.9%. The lowest value was recorded in 2020 at 58 241 thousand US dollars, with the largest decline occurring in 2019 at 2.2%.

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

Throughout 2018 to 2021, Poland (20.6% of imports), Italy (19.2%), and Germany (16.7%) remained the key sources for Lithuania's imports of knitted jerseys and pullovers in value terms. Collectively, these three countries represented 56.5% of total import flows.

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

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