Men's knitted suits, jackets and trousers market in Lithuania

Earlier Report Observations

In 2018, the market for men's knitted suits, jackets and trousers in Lithuania was supported by fashion trends that encouraged suit wearing for a growing number of social events, with market volume reaching 1 282 thousand units. The COVID-19 pandemic in 2020 led to widespread wedding cancellations and postponements, which reduced demand for formal attire and contributed to a decline in volume to 1 146 thousand units.

Post-pandemic, pent-up demand for weddings and events drove a sharp recovery in 2021, with market volume surging to 1 617 thousand units. Subsequent fashion shifts towards more casual and comfortable styles, such as oversized suits and wide-leg trousers, made suits acceptable for everyday wear and creative expression. This helped sustain consumer interest, with volume rising to 1 862 thousand units in 2024.

Throughout the period, the evolution of men's suit fashion from strictly formal to versatile wardrobe pieces supported market resilience, with trends like relaxed fits and bold colors keeping the category relevant amid fluctuations.

Production men's knitted suits, jackets and trousers in Lithuania

In value, 2018-2021, K $ US

Following two consecutive years of decline, Lithuania's production of men's knitted suits, jackets, and trousers rebounded. In 2021, output reached 23 313 thousand US dollars, marking a significant 56.1% increase compared to the previous year. Looking at the broader period from 2018 to 2021, production grew by 26%, which translates to an average annual growth rate of 8.0%. The lowest point was recorded in 2020 at 14 935 thousand US dollars, when production experienced its steepest decline of 18.1%.

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

In kind, 2018-2021, K unit

After a two-year downturn, Lithuania's production of men's knitted suits, jackets, and trousers in physical terms saw an upturn. In 2021, the country produced 957.3 thousand units, representing a 34.9% rise year-over-year. Over the 2018-2021 period, production increased by 18.3%, with a compound annual growth rate of 5.8%. The minimum output was in 2020 at 709.5 thousand units, coinciding with the largest decline of 12.2%.

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

Exports men's knitted suits, jackets and trousers from Lithuania

Exports in kind, K unit

Following a two-year contraction, Lithuania's exports of men's knitted suits, jackets, and trousers in physical terms expanded. In 2021, exports totaled 1 337 thousand units, up 20.0% from the previous year. From 2018 to 2021, exports grew by 2.2%, averaging a 0.7% annual increase. The lowest export volume was in 2020 at 1 113 thousand units, when exports fell by 13.5%.

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

Between 2018 and 2021, Lithuania's exports of men's knitted suits, jackets, and trousers in physical terms were distributed across a diverse range of partner countries. Russia accounted for 19.7% of exports, Denmark for 12.8%, and the United Kingdom for 12.3%, with these three countries together making up 44.8% of total export flows.

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

After two years of decline, Lithuania's exports of men's knitted suits, jackets, and trousers in value terms recovered. In 2021, exports amounted to 28 078 thousand US dollars, a 42.8% increase compared to the year before. From 2018 to 2021, exports rose by 16.8%, equivalent to an annualized growth rate of 5.3%. The minimum value was recorded in 2020 at 19 666 thousand US dollars, when exports saw their largest drop of 16.6%.

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

From 2018 to 2021, Germany was the leading buyer of men's knitted suits, jackets, and trousers from Lithuania in value terms, accounting for 22.8% of exports. Denmark followed with 15.1%, and the United Kingdom with 14.4%. Together, these three countries represented 52.2% of Lithuania's total export value in this category.

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

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

Imports men's knitted suits, jackets and trousers to Lithuania

Imports in kind, K unit

Following a two-year decrease, Lithuania's imports of men's knitted suits, jackets, and trousers in physical terms increased. In 2021, imports stood at 1 996 thousand units, showing a sharp 28.8% gain over the previous year. Between 2018 and 2021, imports grew by 12.1%, averaging a 3.9% annual increase. The lowest import volume was in 2020 at 1 550 thousand units, when imports declined by 9.0%.

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

Throughout 2018-2021, Poland was the primary source for Lithuania's imports of men's knitted suits, jackets, and trousers in physical terms, making up 34.2% of imports. Italy accounted for 14.9%, and China for 9.4%. Combined, these three countries supplied 58.5% 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

After two years of decline, Lithuania's imports of men's knitted suits, jackets, and trousers in value terms surged. In 2021, imports totaled 18 891 thousand US dollars, a dramatic 42.6% rise compared to 2020. From 2018 to 2021, imports increased by 24.5%, with an annualized growth rate of 7.6%. The minimum value was recorded in 2020 at 13 247 thousand US dollars, while the largest decline occurred in 2019 at 8.5%.

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

In the 2018-2021 period, Lithuania's import structure for men's knitted suits, jackets, and trousers in value terms was relatively balanced rather than concentrated. Poland led with 18.6% of imports, followed by Belarus at 15.6%, and Italy at 13.5%. These three partners together accounted for 47.6% of total import flows, with many other countries contributing the remaining 52.4%.

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

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