Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Latvia - 2024

Contents:

  1. Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Latvia (CIF) - 2022
  2. Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Latvia (FOB) - 2022
  3. Imports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Latvia
  4. Exports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Latvia

Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Latvia (CIF) - 2022

In 2022, the average import price for fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses amounted to $2.7 per square meter, rising by 8.8% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 16% against the previous year. As a result, import price attained the peak level of $3.5 per square meter. From 2019 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($5.1 per square meter), while the price for France ($1.3 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Latvia (FOB) - 2022

The average export price for fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses stood at $5.2 per square meter in 2022, picking up by 66% against the previous year. In general, the export price enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 155%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($10 per square meter), while the average price for exports to Lithuania ($559 per thousand square meters) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+87.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Latvia

In 2022, the amount of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses imported into Latvia fell to 216K square meters, which is down by -3.2% on 2021. In general, imports showed a mild downturn. The growth pace was the most rapid in 2021 with an increase of 6.7%. Over the period under review, imports of reached the peak figure at 228K square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses reached $593K in 2022. Over the period under review, imports recorded a noticeable descent. Over the period under review, imports of reached the peak figure at $687K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark80.513232.421538.7%
Italy24111064.7115-21.9%
China61.470.116347.7-8.1%
Belgium16.924.337.646.440.0%
Turkey18.743.44.645.034.0%
Germany62.332.784.035.0-17.5%
Estonia2.80.48.58.846.5%
Lithuania43.228.428.58.8-41.2%
France0.42.00.68.7179.1%
Others16014713963.0-26.7%
Total687591563593-4.8%

Top Suppliers of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments to Latvia in 2022:

  1. Denmark (73.8K square meters)
  2. China (28.1K square meters)
  3. Germany (23.7K square meters)
  4. Italy (22.3K square meters)
  5. Belgium (21.6K square meters)
  6. Turkey (19.3K square meters)
  7. France (6.6K square meters)
  8. Estonia (5.0K square meters)
  9. Lithuania (4.9K square meters)

Exports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Latvia

In 2022, approx. 39K square meters of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses were exported from Latvia; which is down by -31.1% against 2021. Over the period under review, exports saw a drastic downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 32% against the previous year. The exports peaked at 64K square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses rose significantly to $201K in 2022. The total export value increased at an average annual rate of +2.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 19%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.

Export of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark75.868.413213621.5%
PolandN/AN/AN/A49.80%
Ukraine0.8N/A0.45.286.6%
Estonia6.34.310.42.9-22.8%
Lithuania16.126.125.41.9-50.9%
Germany40.65.80.70.2-83.0%
France23.811.1N/AN/A-53.4%
Italy10.323.9N/AN/A132.0%
Others13.47.66.05.0-28.0%
Total1871471752012.4%

Top Export Markets for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments from Latvia in 2022:

  1. Poland (16.3K square meters)
  2. Denmark (13.6K square meters)
  3. Lithuania (3.5K square meters)
  4. Estonia (2.8K square meters)
  5. Ukraine (1.6K square meters)
  6. Germany (0.2K square meters)

Source: IndexBox Market Intelligence Platform

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