From 2013 to 2023, the knitted or crocheted fabrics market in Lithuania experienced fluctuations, reaching 3.7519 million kilograms in 2023. Over the last five years from 2018 to 2023, the market saw a negative CAGR of -1.5%, signifying a gradual decline on average yearly. The year 2020 marked a notable downturn with a 14.71% drop, while 2021 showed a recovery with a 19.84% increase. The last two years saw minor declines with year-on-year reductions of less than 1%.
Future trends to watch for in Lithuania's knitted or crocheted fabrics market include:
- Technological advancements in fabric manufacturing leading to increased efficiency.
- Rising demand for sustainable and eco-friendly fabrics that may spark growth.
- Potential influence of global economic conditions on fabric production and export.
- Environmental regulations and their impact on production processes.
| # | 7 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 58,290,000 | 2023 | -0.25% | -2.49% | View data |
| 2 | 2 Poland | 31,607,000 | 2023 | -0.23% | -1.33% | View data |
| 3 | 3 Bulgaria | 27,362,000 | 2023 | +1.96% | +2.43% | View data |
| 4 | 4 Romania | 18,963,000 | 2023 | -0.46% | +1.14% | View data |
| 5 | 5 France | 14,310,000 | 2023 | -4.41% | -4.75% | View data |
| 6 | 6 Croatia | 3,806,400 | 2023 | +4.64% | -2.06% | View data |
| 7 | 7 Lithuania | 3,751,900 | 2023 | -0.52% | -1.5% |
