Latvia - Case Materials - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPaperboard Case Material Price in Latvia - 2023
Contents:
- Paperboard Case Material Price in Latvia (CIF) - 2023
- Paperboard Case Material Price in Latvia (FOB) - 2022
- Paperboard Case Material Imports in Latvia
- Paperboard Case Material Exports in Latvia
Paperboard Case Material Price in Latvia (CIF) - 2023
In September 2023, the average paperboard case material import price amounted to $513 per ton, standing approximately at the previous month. Over the period under review, the import price, however, recorded a perceptible reduction. The pace of growth appeared the most rapid in June 2023 an increase of 8.9% month-to-month. Over the period under review, average import prices hit record highs at $702 per ton in February 2023; however, from March 2023 to September 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Finland ($705 per ton), while the price for Poland ($447 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (-0.7%), while the prices for the other major suppliers experienced a decline.
Paperboard Case Material Price in Latvia (FOB) - 2022
The average paperboard case material export price stood at $792 per ton in 2022, with an increase of 10% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 29% against the previous year. The export price peaked at $902 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Poland ($958 per ton) and Italy ($857 per ton), while the average price for exports to Estonia ($718 per ton) and Lithuania ($850 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.
Paperboard Case Material Imports in Latvia
In 2022, after three years of growth, there was significant decline in overseas purchases of paperboard case materials, when their volume decreased by -25.2% to 64K tons. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +6.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 38% against the previous year.
In value terms, paperboard case material imports dropped to $47M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +18.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 56%. As a result, imports reached the peak of $54M, and then reduced in the following year.
Import of Paperboard Case Material in Latvia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 10.2 | 13.2 | 21.2 | 22.0 | 29.2% |
Russia | 7.4 | 12.8 | 21.1 | 12.3 | 18.5% |
Finland | 5.4 | 4.6 | 8.0 | 9.2 | 19.4% |
Lithuania | 3.3 | 0.3 | 0.4 | 1.6 | -21.4% |
Germany | 0.8 | 0.8 | 1.0 | 1.1 | 11.2% |
Sweden | 1.0 | 1.5 | 1.5 | 0.9 | -3.5% |
Others | 0.8 | 1.3 | 0.6 | 0.4 | -20.6% |
Total | 28.9 | 34.5 | 53.9 | 47.5 | 18.0% |
Top Suppliers of Paperboard Case Material to Latvia in 2022:
- Poland (32.7K tons)
- Russia (16.7K tons)
- Finland (9.7K tons)
- Lithuania (2.0K tons)
- Germany (1.4K tons)
- Sweden (0.9K tons)
Paperboard Case Material Exports in Latvia
After three years of growth, overseas shipments of paperboard case materials decreased by -43.9% to 17K tons in 2022. Over the period under review, exports, however, saw a moderate increase. The growth pace was the most rapid in 2020 with an increase of 59%.
In value terms, paperboard case material exports declined notably to $13M in 2022. Overall, exports, however, showed a buoyant increase. The growth pace was the most rapid in 2021 when exports increased by 61% against the previous year. As a result, the exports reached the peak of $21M, and then declined markedly in the following year.
Export of Paperboard Case Material in Latvia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Estonia | 3.6 | 6.2 | 12.9 | 7.7 | 28.8% |
Poland | 5.9 | 6.4 | 7.3 | 3.5 | -16.0% |
Italy | N/A | N/A | N/A | 0.6 | 0% |
Lithuania | 0.4 | 0.5 | 0.8 | 0.6 | 14.5% |
Others | 0.5 | 0.1 | 0.2 | 0.7 | 11.9% |
Total | 10.5 | 13.2 | 21.2 | 13.1 | 7.7% |
Top Export Markets for Paperboard Case Material from Latvia in 2022:
- Estonia (10.7K tons)
- Poland (3.7K tons)
- Lithuania (0.7K tons)
- Italy (0.7K tons)
This report provides an in-depth analysis of the paperboard case material 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:
- FCL 1617 - Case materials
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
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