Price for Bed Linen; of Cotton, Printed, Not Knitted or Crocheted in Latvia - 2024
Contents:
- Price for Bed Linen; of Cotton, Printed, Not Knitted or Crocheted in Latvia (FOB) - 2024
- Price for Bed Linen; of Cotton, Printed, Not Knitted or Crocheted in Latvia (CIF) - 2024
- Exports of Bed Linen; of Cotton, Printed, Not Knitted or Crocheted in Latvia
- Imports of Bed Linen; of Cotton, Printed, Not Knitted or Crocheted in Latvia
Price for Bed Linen; of Cotton, Printed, Not Knitted or Crocheted in Latvia (FOB) - 2024
In March 2024, the average export price for bed linen; of cotton, printed, not knitted or crocheted amounted to $11.9 per unit, picking up by 35% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2023 an increase of 44% against the previous month. Over the period under review, the average export prices hit record highs at $13.0 per unit in April 2023; however, from May 2023 to March 2024, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In March 2024, the country with the highest price was Italy ($23.6 per unit), while the average price for exports to Norway ($3.9 per unit) was amongst the lowest.
From April 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Bed Linen; of Cotton, Printed, Not Knitted or Crocheted in Latvia (CIF) - 2024
In March 2024, the average import price for bed linen; of cotton, printed, not knitted or crocheted amounted to $7.9 per unit, with an increase of 28% against the previous month. In general, the import price, however, saw a slight contraction. The import price peaked at $11.0 per unit in May 2023; however, from June 2023 to March 2024, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was Italy ($19.6 per unit), while the price for Pakistan ($4.8 per unit) was amongst the lowest.
From April 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Turkey (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Bed Linen; of Cotton, Printed, Not Knitted or Crocheted in Latvia
In 2022, overseas shipments of bed linen; of cotton, printed, not knitted or crocheted decreased by -15.7% to 827K units, falling for the second consecutive year after two years of growth. In general, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +11.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -22.6% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 78%. As a result, the exports attained the peak of 1.1M units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of bed linen; of cotton, printed, not knitted or crocheted shrank notably to $7.5M in 2022. Over the period under review, exports saw a pronounced reduction. The pace of growth was the most pronounced in 2021 when exports increased by 12%. As a result, the exports reached the peak of $10M, and then shrank sharply in the following year.
| Export of Bed Linen; of Cotton, Printed, Not Knitted or Crocheted in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 2.5 | 2.6 | 3.4 | 2.5 | 0.0% |
| Estonia | 1.2 | 1.3 | 1.4 | 1.5 | 7.7% |
| Sweden | 1.2 | 1.7 | 2.0 | 1.2 | 0.0% |
| Lithuania | 0.9 | 0.9 | 0.8 | 0.9 | 0.0% |
| Austria | 0.2 | 0.4 | 0.6 | 0.3 | 14.5% |
| Germany | 1.6 | 0.9 | 0.6 | 0.3 | -42.8% |
| Belarus | 0.3 | 0.5 | 0.3 | 0.1 | -30.7% |
| Others | 0.5 | 0.6 | 0.9 | 0.8 | 17.0% |
| Total | 8.4 | 8.9 | 10.0 | 7.5 | -3.7% |
Top Export Markets for Bed Linen; of Cotton, Printed, Not Knitted or Crocheted from Latvia in 2022:
- Estonia (278.1K units)
- Lithuania (189.2K units)
- Finland (164.1K units)
- Sweden (77.5K units)
- Austria (30.7K units)
- Germany (26.2K units)
- Belarus (14.4K units)
Imports of Bed Linen; of Cotton, Printed, Not Knitted or Crocheted in Latvia
In 2022, imports of bed linen; of cotton, printed, not knitted or crocheted into Latvia soared to 1.1M units, picking up by 30% against the previous year's figure. In general, imports showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 143% against the previous year. As a result, imports reached the peak of 1.4M units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of bed linen; of cotton, printed, not knitted or crocheted soared to $6.8M in 2022. The total import value increased at an average annual rate of +10.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 32%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.
| Import of Bed Linen; of Cotton, Printed, Not Knitted or Crocheted in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,044 | 958 | 1,456 | 1,861 | 21.3% |
| Pakistan | 797 | 3,171 | 854 | 1,618 | 26.6% |
| Poland | 533 | 870 | 965 | 913 | 19.7% |
| Bangladesh | N/A | 7.6 | 157 | 702 | 861.1% |
| Lithuania | 616 | 655 | 747 | 474 | -8.4% |
| Turkey | 24.0 | 28.1 | 45.0 | 104 | 63.0% |
| India | 1,247 | 149 | 31.7 | 0.1 | -95.7% |
| Others | 767 | 797 | 1,410 | 1,106 | 13.0% |
| Total | 5,028 | 6,635 | 5,666 | 6,777 | 10.5% |
Top Suppliers of Bed Linen; of Cotton, Printed, Not Knitted or Crocheted to Latvia in 2022:
- Pakistan (388.4K units)
- Germany (295.3K units)
- Bangladesh (136.1K units)
- Poland (111.0K units)
- Lithuania (44.7K units)
- Turkey (24.7K units)
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