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Latvia - Matches - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMatches Price in Latvia - 2023
Contents:
- Matches Price in Latvia (CIF) - 2022
- Matches Price in Latvia (FOB) - 2022
- Matches Imports in Latvia
- Matches Exports in Latvia
Matches Price in Latvia (CIF) - 2022
The average matches import price stood at $2,717 per ton in 2022, waning by -3.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.5%. The most prominent rate of growth was recorded in 2021 an increase of 28% against the previous year. As a result, import price attained the peak level of $2,825 per ton, and then reduced slightly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($23,000 per ton), while the price for India ($2,188 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+30.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Matches Price in Latvia (FOB) - 2022
The average matches export price stood at $3,082 per ton in 2022, waning by -25.9% against the previous year. Overall, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, matches export price increased by +15.4% against 2018 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 63%. As a result, the export price attained the peak level of $4,159 per ton, and then shrank dramatically in the following year.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($3,148 per ton), while the average price for exports to Lithuania amounted to $3,029 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+5.4%), while the prices for the other major destinations experienced mixed trend patterns.
Matches Imports in Latvia
In 2022, approx. 250 tons of matches were imported into Latvia; falling by -2.3% compared with 2021. Over the period under review, imports showed a pronounced descent. The pace of growth appeared the most rapid in 2021 when imports increased by 66% against the previous year.
In value terms, matches imports shrank to $680K in 2022. Overall, imports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by 114%. As a result, imports reached the peak of $724K, and then contracted in the following year.
Import of Matches in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 313 | 165 | 369 | 359 | 4.7% |
Sweden | 141 | 74.8 | 243 | 195 | 11.4% |
Lithuania | 76.4 | 75.0 | 73.4 | 67.5 | -4.0% |
Germany | 2.1 | 6.6 | 7.1 | 43.9 | 175.5% |
Russia | 28.0 | 12.0 | 3.4 | N/A | -65.2% |
Others | 13.9 | 5.2 | 26.7 | 14.4 | 1.2% |
Total | 574 | 338 | 724 | 680 | 5.8% |
Top Suppliers of Matches to Latvia in 2022:
- India (164.3 tons)
- Sweden (44.2 tons)
- Lithuania (24.8 tons)
- Germany (14.8 tons)
Matches Exports in Latvia
Matches exports from Latvia expanded rapidly to 57 tons in 2022, surging by 8.8% on 2021 figures. The total export volume increased at an average annual rate of +4.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 16% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, matches exports reduced markedly to $175K in 2022. Over the period under review, exports recorded a prominent expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 89% against the previous year. As a result, the exports attained the peak of $217K, and then shrank significantly in the following year.
Export of Matches in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lithuania | 76.8 | 71.6 | 50.0 | 96.8 | 8.0% |
Estonia | 45.5 | 43.5 | 51.6 | 78.3 | 19.8% |
Croatia | N/A | N/A | 7.2 | N/A | 0% |
Sweden | N/A | N/A | 109 | N/A | 0% |
Others | 2.4 | 0.1 | N/A | 0.2 | -56.3% |
Total | 125 | 115 | 217 | 175 | 11.9% |
Top Export Markets for Matches from Latvia in 2022:
- Sweden (undefined tons)
- Lithuania (32.0 tons)
- Estonia (24.9 tons)
This report provides an in-depth analysis of the matches market in Latvia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20512000 - Matches (excluding Bengal matches and other pyrotechnic products)
Country coverage:
- Latvia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Latvia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the matches market in Latvia.
This report provides an in-depth analysis of the global matches market.
This report provides an in-depth analysis of the matches market in Latvia.
This report provides an in-depth analysis of the global matches market.
In value terms, matches imports stood at $X in 2016. Overall, matches imports continue to indicate a pronounced setback. In that year, global matches imports reached its maximum level of $X. Fro...
In value terms, matches exports totaled $X in 2016. In general, matches exports continue to indicate a temperate drop. Global matches export peaked of $X in 2013; however, from 2014 to 2016, it ...
In value terms, matches imports stood at $X in 2016. Overall, matches imports continue to indicate a pronounced setback. In that year, global matches imports reached its maximum level of $X. Fro...
In value terms, matches exports totaled $X in 2016. In general, matches exports continue to indicate a temperate drop. Global matches export peaked of $X in 2013; however, from 2014 to 2016, it ...