Price for Bamboo Used Primarily for Plaiting in Latvia - 2023

Contents:

1. Price for Bamboo Used Primarily for Plaiting in Latvia (CIF) - 2022
2. Price for Bamboo Used Primarily for Plaiting in Latvia (FOB) - 2022
3. Imports of Bamboo Used Primarily for Plaiting in Latvia
4. Exports of Bamboo Used Primarily for Plaiting in Latvia

Price for Bamboo Used Primarily for Plaiting in Latvia (CIF) - 2022

In 2022, the average import price for bamboo used primarily for plaitings amounted to $2,304 per ton, waning by -26.8% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 37% against the previous year. Over the period under review, average import prices hit record highs at $3,146 per ton in 2021, and then fell dramatically in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Lithuania ($3,050 per ton), while the price for Poland ($2,217 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+8.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Bamboo Used Primarily for Plaiting in Latvia (FOB) - 2022

The average export price for bamboo used primarily for plaitings stood at $3,043 per ton in 2022, picking up by 20% against the previous year. Over the period under review, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the average export price increased by 77% against the previous year. As a result, the export price attained the peak level of $4,375 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($3,602 per ton), while the average price for exports to Lithuania amounted to $2,786 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+11.5%), while the prices for the other major destinations experienced a decline.

Imports of Bamboo Used Primarily for Plaiting in Latvia

In 2022, approx. 8.8 tons of bamboo used primarily for plaitings were imported into Latvia; with an increase of 30% against the previous year. Overall, imports enjoyed a modest increase. The pace of growth was the most pronounced in 2020 when imports increased by 107% against the previous year. As a result, imports attained the peak of 18 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, bamboo used primarily for plaiting imports dropped to $20K in 2022. In general, imports recorded buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of 151%. As a result, imports attained the peak of $41K. From 2021 to 2022, the growth of imports failed to regain momentum.

Top Suppliers of Bamboo Used Primarily for Plaiting to Latvia in 2022:

1. Poland (6.8 tons)
2. Germany (1.6 tons)
3. Lithuania (0.5 tons)

Exports of Bamboo Used Primarily for Plaiting in Latvia

For the fourth year in a row, Latvia recorded growth in shipments abroad of bamboo used primarily for plaitings, which increased by 97% to 13 tons in 2022. Over the period under review, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, bamboo used primarily for plaiting exports soared to $38K in 2022. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Bamboo Used Primarily for Plaiting from Latvia in 2022:

1. Lithuania (8.5 tons)
2. Estonia (4.0 tons)

Source: IndexBox Market Intelligence Platform