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Latvia - Natural Cork Debacked Or Roughly Squared - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNatural Cork Price in Latvia - 2023
Contents:
- Natural Cork Price in Latvia (CIF) - 2022
- Natural Cork Price in Latvia (FOB) - 2022
- Natural Cork Imports in Latvia
- Natural Cork Exports in Latvia
Natural Cork Price in Latvia (CIF) - 2022
The average natural cork import price stood at $2,383 per ton in 2022, shrinking by -48.5% against the previous year. Over the period under review, the import price faced a deep reduction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 99% against the previous year. The import price peaked at $30,496 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Lithuania.
From 2013 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +27.8% per year.
Natural Cork Price in Latvia (FOB) - 2022
In 2021, the average natural cork export price amounted to $690 per ton, dropping by -55.5% against the previous year. Over the period under review, the export price faced a dramatic downturn. The most prominent rate of growth was recorded in 2020 when the average export price decreased by -35.7% against the previous year. Over the period under review, the average export prices hit record highs at $17,300 per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Lithuania.
From 2013 to 2021, the rate of growth in terms of prices for Lithuania amounted to -45.7% per year.
Natural Cork Imports in Latvia
In 2022, overseas purchases of natural cork debacked or roughly squared decreased by -24% to 784 kg for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 245% against the previous year.
In value terms, natural cork imports reduced dramatically to $1.9K in 2022. In general, imports, however, showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 493% against the previous year. As a result, imports reached the peak of $5.1K. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Natural Cork in Latvia (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lithuania | 0.9 | 3.4 | 4.2 | 1.9 | 28.3% |
Portugal | N/A | N/A | 0.6 | N/A | 0% |
Poland | N/A | 1.8 | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 0.9 | 5.1 | 4.8 | 1.9 | 28.3% |
Top Suppliers of Natural Cork to Latvia in 2022:
- Lithuania (784.0 kg)
Natural Cork Exports in Latvia
In 2021, shipments abroad of natural cork debacked or roughly squared decreased by -40% to 525 kg for the first time since 2018, thus ending a two-year rising trend. Over the period under review, exports, however, saw strong growth. The pace of growth was the most pronounced in 2020 when exports increased by 92% against the previous year. As a result, the exports attained the peak of 875 kg, and then plummeted in the following year.
In value terms, natural cork exports shrank significantly to $362 in 2021. In general, exports showed a precipitous contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 24% against the previous year. As a result, the exports attained the peak of $1.4K, and then contracted significantly in the following year.
Export of Natural Cork in Latvia (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Lithuania | 1,017 | 1,355 | 362 | -40.3% | |
Others | 79.0 | N/A | N/A | 0% | |
Total | 1,096 | 1,355 | 362 | -42.5% |
Top Export Markets for Natural Cork from Latvia in 2022:
- Lithuania (525.0 kg)
This report provides an in-depth analysis of the natural cork 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 16292150 - Natural cork, debacked or roughly squared, in rectangular or square blocks, plates, sheets or strips
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
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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 natural cork market in Latvia.
This report provides an in-depth analysis of the global natural cork market.
This report provides an in-depth analysis of the natural cork market in Latvia.
This report provides an in-depth analysis of the global natural cork market.
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