Man-made fibre knitted jerseys and pullovers market in Lithuania

Earlier Report Observations

From 2018 to 2020, the Lithuanian market for man-made fibre knitted jerseys showed variability, starting at 2.6 million units. The presence of established manufacturers like Pakaita and Zina Knitting, along with LTP Lithuania's initiatives in sustainable production and product traceability, characterized the market landscape. After a decline to 2.2 million units in 2019, market volume recovered to 2.5 million units in 2020.

Market value saw a notable increase in 2021, reaching 29.4 million USD, while volume remained near 2.5 million units. In 2022, both volume and value grew, peaking at 2.7 million units and 32.9 million USD. This expansion was supported by growing consumer demand for sustainable and ethically produced knitwear, reflected in LTP Lithuania's continued use of leftover fabrics, traceability apps, and adherence to certifications like bluesign® and GOTS, aligning with global trends.

After 2022, the market contracted in value, falling to 26.5 million USD by 2024, while volume stabilized around 2.4 million units, bringing the market size closer to levels seen earlier in the period.

Production man-made fibre knitted jerseys and pullovers in Lithuania

In value, 2018-2021, K $ US

Lithuania's production of man-made fibre knitted jerseys and pullovers saw a two-year decline before rebounding. In 2021, output reached 16 442 K $ US, marking a robust 23.4% increase compared to the previous year. Over the period from 2018 to 2021, production fell by 15.2%, which translates to an average annual decline of 5.4%. The lowest value was recorded in 2020 at 13 325 K $ US, while the sharpest drop occurred in 2019 with a 17.8% decrease.

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

In kind, 2018-2021, K unit

In 2021, Lithuania produced 647.1 K units of man-made fibre knitted jerseys and pullovers, reflecting a significant 19.4% year-over-year reduction. From 2018 to 2021, production decreased by 32.1%, with a compound annual growth rate of -12.1%. The largest decline was in 2019 at 20.2%, while the biggest increase occurred in 2020 with a 5.5% rise.

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

Exports man-made fibre knitted jerseys and pullovers from Lithuania

Exports in kind, K unit

After a two-year decline, Lithuania's exports of man-made fibre knitted jerseys and pullovers increased. In 2021, exports totalled 1 293 K units, showing a 5.6% rise from the previous year. Between 2018 and 2021, exports fell by 33.7%, equivalent to an average annual decrease of 12.8%. The lowest value was in 2020 at 1 225 K units, with the largest drop also occurring that year at 35.5%.

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

From 2018 to 2021, Russia, Latvia, and Ireland were notable but not dominant buyers of man-made fibre knitted jerseys and pullovers from Lithuania. Russia accounted for 28.4% of exports in kind, Latvia for 9.0%, and Ireland for 7.9%. Together, their combined share reached 45.4% of total exports in kind.

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

Following a two-year decline, Lithuania's exports of man-made fibre knitted jerseys and pullovers increased in value. In 2021, exports totalled 24 441 K $ US, representing a substantial 39.4% year-over-year rise. Over the 2018-2021 period, exports decreased by 11.3%, with a compound annual growth rate of -3.9%. The minimum value was recorded in 2020 at 17 532 K $ US, and the largest decline also occurred that year at 27.1%.

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

Between 2018 and 2021, no single market dominated Lithuania's exports of man-made fibre knitted jerseys and pullovers in value terms. Russia accounted for 20.1% of exports, Germany for 12.1%, and Latvia for 11.1%. Together, these three countries represented 43.2% of total exports, while numerous smaller partners each held modest individual shares.

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

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

Imports man-made fibre knitted jerseys and pullovers to Lithuania

Imports in kind, K unit

After a two-year fall, Lithuania's imports of man-made fibre knitted jerseys and pullovers increased. In 2021, imports stood at 3 107 K units, marking a modest 5.6% uptick from 2020. Between 2018 and 2021, imports decreased by 13.3%, equating to an average annual decline of 4.6%. The lowest value was in 2020 at 2 942 K units, with the largest drop also occurring that year at 12.4%.

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

From 2018 to 2021, Poland, Germany, and Italy formed the core group of markets for Lithuania's imports of man-made fibre knitted jerseys and pullovers in kind. Poland accounted for 25.3% of imports, Germany for 16.9%, and Italy for 15.0%. Together, they represented 57.2% 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

Following a two-year reduction, Lithuania's imports of man-made fibre knitted jerseys and pullovers increased in value. In 2021, imports reached 37 372 K $ US, constituting a dramatic 32.0% year-over-year rise. Between 2018 and 2021, imports grew by 11.4%, equivalent to an average annual increase of 3.7%. The minimum value was recorded in 2020 at 28 303 K $ US, while the largest decline occurred that year at 9.1%.

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

In the period from 2018 to 2021, Italy, Poland, and Germany led the structure of Lithuania's imports of man-made fibre knitted jerseys and pullovers in value terms. Italy accounted for 19.9% of imports, Poland for 19.7%, and Germany for 16.3%. Together, these three countries represented 55.9% 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