Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Latvia - 2023
Contents:
- Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Latvia (CIF) - 2022
- Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Latvia (FOB) - 2022
- Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Latvia
- Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Latvia
Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Latvia (CIF) - 2022
In 2022, the average import price for felt; whether or not impregnated, coated, covered or laminateds amounted to $4,410 per ton, shrinking by -21% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 78%. As a result, import price attained the peak level of $5,581 per ton, and then dropped markedly in the following year.
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 Sweden ($12,845 per ton), while the price for China ($1,829 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Latvia (FOB) - 2022
The average export price for felt; whether or not impregnated, coated, covered or laminateds stood at $4,653 per ton in 2022, rising by 21% against the previous year. In general, the export price, however, saw a noticeable decrease. The export price peaked at $8,066 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($15,000 per ton), while the average price for exports to Estonia ($4,139 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (+19.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Latvia
In 2022, the amount of felt; whether or not impregnated, coated, covered or laminateds imported into Latvia dropped notably to 160 tons, waning by -22.9% against 2021 figures. Over the period under review, imports continue to indicate a sharp curtailment. The smallest decline of -16.4% was in 2020.
In value terms, imports of felt; whether or not impregnated, coated, covered or laminateds shrank notably to $705K in 2022. In general, imports faced a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 28% against the previous year. As a result, imports reached the peak of $1.2M, and then dropped sharply in the following year.
| Import of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 131 | 70.4 | 251 | 216 | 18.1% |
| Sweden | 1.8 | 31.2 | 3.3 | 108 | 291.5% |
| Poland | 94.7 | 127 | 115 | 95.8 | 0.4% |
| Hungary | N/A | 92.9 | 57.9 | 71.0 | -12.6% |
| Estonia | 66.0 | 52.6 | 62.7 | 43.1 | -13.2% |
| Czech Republic | 84.4 | 91.1 | 66.7 | 37.2 | -23.9% |
| China | 45.2 | 31.3 | 37.2 | 29.7 | -13.1% |
| Denmark | 74.8 | 8.6 | 37.1 | 8.0 | -52.5% |
| Greece | 370 | 278 | N/A | N/A | -24.9% |
| Others | 135 | 118 | 525 | 95.5 | -10.9% |
| Total | 1,004 | 901 | 1,156 | 705 | -11.1% |
Top Suppliers of Felt; Whether or Not Impregnated, Coated, Covered or Laminated to Latvia in 2022:
- Germany (57.4 tons)
- Hungary (25.4 tons)
- Poland (20.8 tons)
- China (16.2 tons)
- Estonia (14.2 tons)
- Sweden (8.4 tons)
- Czech Republic (8.0 tons)
- Denmark (2.0 tons)
Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Latvia
In 2022, shipments abroad of felt; whether or not impregnated, coated, covered or laminateds decreased by -36.7% to 20 tons, falling for the second consecutive year after two years of growth. Overall, exports showed a deep slump. The pace of growth appeared the most rapid in 2020 with an increase of 55% against the previous year. As a result, the exports reached the peak of 47 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of felt; whether or not impregnated, coated, covered or laminateds dropped sharply to $95K in 2022. Over the period under review, exports showed a abrupt downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 44%. As a result, the exports attained the peak of $187K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 10.5 | 9.7 | 63.0 | 55.4 | 74.1% |
| Lithuania | 9.9 | 15.5 | 31.5 | 15.5 | 16.1% |
| Estonia | 24.7 | 30.2 | 20.4 | 15.0 | -15.3% |
| Georgia | N/A | N/A | N/A | 4.8 | 0% |
| Poland | 10.2 | 1.9 | 3.3 | 2.3 | -39.1% |
| Finland | 3.3 | 7.9 | 1.3 | 0.8 | -37.6% |
| Sweden | 51.0 | 61.9 | 1.7 | 0.2 | -84.2% |
| Norway | 7.1 | 21.3 | N/A | N/A | 200.0% |
| Vietnam | N/A | 26.0 | N/A | N/A | 0% |
| Denmark | N/A | 10.1 | N/A | N/A | 0% |
| Others | 13.0 | 2.9 | 3.4 | 1.2 | -54.8% |
| Total | 130 | 187 | 125 | 95.2 | -9.9% |
Top Export Markets for Felt; Whether or Not Impregnated, Coated, Covered or Laminated from Latvia in 2022:
- Russia (12.7 tons)
- Estonia (3.6 tons)
- Lithuania (2.6 tons)
- Georgia (0.8 tons)
- Poland (0.4 tons)
- Finland (0.1 tons)
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