Woven tracksuits and swimwear market in Lithuania

Earlier Report Observations

The Lithuanian market for woven tracksuits and swimwear showed robust growth from 2018 to 2024, with its total value rising from 15.1 million USD to 21.1 million USD. This represented an overall increase of nearly 40%, indicating strong expansion over the six-year period.

Market size fluctuated during these years: it climbed 16% in 2019, then fell by a similar proportion in 2020 to 14.8 million USD. A sharp recovery of 26% followed in 2021, bringing the market to 18.7 million USD. After a minor 7% dip in 2022, growth resumed strongly in 2023 with a 17% surge to 20.3 million USD, and continued with a 4% rise to 21.1 million USD in 2024.

Post-2020, the market consistently operated at a higher level than before the 2020 contraction, demonstrating sustained demand and resilience.

Production woven tracksuits and swimwear in Lithuania

In value, 2018-2021, K $ US

In 2021, Lithuania's production of woven tracksuits and swimwear reached 23,696 thousand US dollars, marking a 14.1% increase compared to 2020. Over the period from 2018 to 2021, production grew by 4.9%, with an average annual growth rate of 1.6%. The highest production value was recorded in 2019 at 23,962 thousand US dollars, while the lowest was in 2020 at 20,768 thousand US dollars. The most significant decline occurred in 2020, with a drop of 13.3%.

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

Exports woven tracksuits and swimwear from Lithuania

Exports in kind, t

Lithuania's exports of woven tracksuits and swimwear have increased for the third consecutive year. In 2021, exports amounted to 727.2 tons, representing a 36.5% rise compared to the previous year. Between 2018 and 2021, exports grew by 46.6%, which translates to an average annual growth rate of 13.6%.

Annual dynamics of product's exports from Lithuania in kind, 2018-2021, t

From 2018 to 2021, the largest buyers of woven tracksuits and swimwear from Lithuania in terms of volume were the United Kingdom (20.7% of exports), Italy (14.5% of exports), and Norway (10.5% of exports). However, even combined, these three countries accounted for just 45.8% of total exports, indicating a broadly diversified partner base.

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 woven tracksuits and swimwear have increased for the third consecutive year. In 2021, exports were valued at 22,100 thousand US dollars, showing a solid gain of 12.9% compared to 2020. Over the period from 2018 to 2021, exports increased by 24.6%, with an average annual growth rate of 7.6%.

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

From 2018 to 2021, exports in value terms were distributed across a wide range of partner countries. Germany (14.5% of exports), the United Kingdom (13.5% of exports), and Norway (10.0% of exports) together accounted for just 38.1% of total export flows, highlighting the diversity of trading partners.

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

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

Imports woven tracksuits and swimwear to Lithuania

Imports in kind, t

Lithuania's imports of woven tracksuits and swimwear have increased for the second consecutive year. In 2021, imports totaled 564.6 tons, up by 9.4% year-over-year. Between 2018 and 2021, imports grew by 19.2%, equating to an average annual growth rate of 6.0%. The lowest import volume was recorded in 2019 at 425.5 tons, with the largest decline of 10.2% occurring that same year. The most significant increase was in 2020, with a rise of 21.3%.

Annual dynamics of product's imports to Lithuania in kind, 2018-2021, t

From 2018 to 2021, the country breakdown of imports in terms of volume was scattered. Poland (16.2% of imports), Finland (14.4% of imports), and Italy (12.8% of imports) together accounted for just 43.4% of total import flows, with no single partner emerging as clearly dominant.

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 woven tracksuits and swimwear have increased for the third consecutive year. In 2021, imports reached 17,071 thousand US dollars, indicating a sudden rise of 25.1% from the previous year. Between 2018 and 2021, imports surged by 66.3%, which corresponds to an average annual growth rate of 18.5%.

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

During 2018–2021, imports in value terms of woven tracksuits and swimwear to Lithuania were spread relatively evenly. Italy (16.9% of imports), Poland (16.3% of imports), and Finland (10.7% of imports) jointly accounted for only 44.0% of total import flows, reflecting a balanced distribution among trading partners.

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

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