Flax Fabric Market Overview in Lithuania
In value terms, flax fabric production amounted to $ in 2018 estimated in export prices. In general, flax fabric production, however, continues to indicate a mild descent. The pace of growth appeared the most rapid in 2012 with an increase of % y-o-y. Flax fabric production peaked at $ in 2007; however, from 2008 to 2018, production remained at a lower figure.
The revenue of the flax fabric market in Lithuania amounted to $ in 2018, surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, flax fabric consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2012 with an increase of % against the previous year. Over the period under review, the flax fabric market hit record highs in 2018 and is expected to retain its growth in the near future.