Price for Antiques; of an Age Exceeding One Hundred Years in Latvia - 2024

Contents:

  1. Price for Antiques; of an Age Exceeding One Hundred Years in Latvia (CIF) - 2022
  2. Price for Antiques; of an Age Exceeding One Hundred Years in Latvia (FOB) - 2022
  3. Imports of Antiques; of an Age Exceeding One Hundred Years in Latvia
  4. Exports of Antiques; of an Age Exceeding One Hundred Years in Latvia

Price for Antiques; of an Age Exceeding One Hundred Years in Latvia (CIF) - 2022

The average import price for antiques; of an age exceeding one hundred yearses stood at $376,693 per ton in 2022, with a decrease of -13.2% against the previous year. Over the period under review, the import price, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2020 an increase of 588%. As a result, import price reached the peak level of $1,048,222 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($1,384,667 per ton), while the price for Italy ($40,198 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+28.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Antiques; of an Age Exceeding One Hundred Years in Latvia (FOB) - 2022

In 2022, the average export price for antiques; of an age exceeding one hundred yearses amounted to $64,271 per ton, falling by -23.7% against the previous year. In general, the export price continues to indicate a sharp reduction. The pace of growth appeared the most rapid in 2014 an increase of 80% against the previous year. The export price peaked at $1,832,670 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($892,500 per ton), while the average price for exports to Russia amounted to $59,877 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+547.2%).

Imports of Antiques; of an Age Exceeding One Hundred Years in Latvia

In 2022, imports of antiques; of an age exceeding one hundred yearses into Latvia skyrocketed to 2.5 tons, increasing by 663% against 2021 figures. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of antiques; of an age exceeding one hundred yearses soared to $422K in 2022. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Antiques; of an Age Exceeding One Hundred Years in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/A0.151.02805191.5%
United States14.86.348.164.463.3%
ItalyN/AN/AN/A28.00%
RussiaN/A11.910.127.251.2%
Switzerland45.695.45.516.6-28.6%
Others3.80.527.75.714.5%
Total64.111414242287.4%

Top Suppliers of Antiques; of an Age Exceeding One Hundred Years to Latvia in 2022:

  1. United Kingdom (1694.0 kg)
  2. Italy (697.0 kg)
  3. United States (47.0 kg)
  4. Russia (47.0 kg)
  5. Switzerland (12.0 kg)

Exports of Antiques; of an Age Exceeding One Hundred Years in Latvia

For the fourth year in a row, Latvia recorded growth in shipments abroad of antiques; of an age exceeding one hundred yearses, which increased by 5.3% to 2.8 tons in 2022. Overall, exports enjoyed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 146% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of antiques; of an age exceeding one hundred yearses declined significantly to $180K in 2022. Over the period under review, exports saw strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 65% against the previous year. As a result, the exports attained the peak of $323K, and then reduced sharply in the following year.

Export of Antiques; of an Age Exceeding One Hundred Years in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia1451782291674.8%
United KingdomN/AN/A92.87.1-92.3%
Belarus6.71.2N/AN/A-82.1%
Others0.916.61.46.088.2%
Total1531953231805.6%

Top Export Markets for Antiques; of an Age Exceeding One Hundred Years from Latvia in 2022:

  1. Russia (2783.0 kg)
  2. United Kingdom (8.0 kg)

Source: IndexBox Market Intelligence Platform

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