Price for Artwork; Collages and Similar Decorative Plaques in Latvia - 2022

Contents:

1. Price for Artwork; Collages and Similar Decorative Plaques in Latvia (CIF) - 2022
2. Price for Artwork; Collages and Similar Decorative Plaques in Latvia (FOB) - 2022
3. Imports of Artwork; Collages and Similar Decorative Plaques in Latvia
4. Exports of Artwork; Collages and Similar Decorative Plaques in Latvia

Price for Artwork; Collages and Similar Decorative Plaques in Latvia (CIF) - 2022

The average import price for artwork; collages and similar decorative plaqueses stood at $16,827 per ton in 2022, with a decrease of -2.9% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 80%. As a result, import price reached the peak level of $42,294 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($26,712 per ton), while the price for Poland ($15,029 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Artwork; Collages and Similar Decorative Plaques in Latvia (FOB) - 2022

In 2021, the average export price for artwork; collages and similar decorative plaqueses amounted to $85,786 per ton, picking up by 110% against the previous year. Over the period under review, the export price saw a significant increase. The growth pace was the most rapid in 2019 when the average export price increased by 288% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($219,848 per ton), while the average price for exports to the United States totaled $38,384 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Artwork; Collages and Similar Decorative Plaques in Latvia

In 2022, imports of artwork; collages and similar decorative plaqueses into Latvia declined notably to 3.5 tons, which is down by -24.1% on 2021 figures. Overall, imports, however, enjoyed a buoyant expansion. The growth pace was the most rapid in 2021 when imports increased by 105%. As a result, imports reached the peak of 4.6 tons, and then dropped remarkably in the following year.

In value terms, imports of artwork; collages and similar decorative plaqueses shrank significantly to $58K in 2022. In general, imports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 111%. As a result, imports reached the peak of $79K, and then contracted remarkably in the following year.

Top Suppliers of Artwork; Collages and Similar Decorative Plaques to Latvia in 2022:

1. Poland (2159.0 kg)
2. Lithuania (1034.0 kg)
3. China (240.0 kg)

Exports of Artwork; Collages and Similar Decorative Plaques in Latvia

For the third year in a row, Latvia recorded growth in shipments abroad of artwork; collages and similar decorative plaqueses, which increased by 2,639% to 3.7 tons in 2021. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of artwork; collages and similar decorative plaqueses surged to $317K in 2021. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Artwork; Collages and Similar Decorative Plaques from Latvia in 2022:

1. United States (2.7 tons)
2. United Kingdom (1.0 tons)

Source: IndexBox Market Intelligence Platform