Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Latvia - 2024

Contents:

  1. Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Latvia (CIF) - 2024
  2. Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Latvia (FOB) - 2022
  3. Imports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Latvia
  4. Exports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Latvia

Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Latvia (CIF) - 2024

In March 2024, the average import price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses amounted to $1.4 per unit, waning by -28.7% against the previous month. Overall, the import price continues to indicate a pronounced slump. The most prominent rate of growth was recorded in February 2024 when the average import price increased by 64% month-to-month. As a result, import price reached the peak level of $1.9 per unit, and then fell dramatically in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($9.5 per unit), while the price for Bulgaria ($424 per thousand units) was amongst the lowest.

From April 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Turkey (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Latvia (FOB) - 2022

In 2022, the average export price for glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses amounted to $1.5 per unit, growing by 5.8% against the previous year. In general, the export price, however, recorded a deep slump. The most prominent rate of growth was recorded in 2013 an increase of 15%. As a result, the export price reached the peak level of $3.6 per unit. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($2 per unit), while the average price for exports to Kyrgyzstan ($422 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-4.1%), while the prices for the other major destinations experienced a decline.

Imports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Latvia

In 2022, imports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses into Latvia rose slightly to 1.6M units, surging by 3.4% against the year before. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 8.4% against the previous year. Over the period under review, imports of reached the peak figure at 1.6M units in 2019; afterwards, it flattened through to 2022.

In value terms, imports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses declined to $2.2M in 2022. Over the period under review, imports, however, saw a abrupt slump. Imports peaked at $4.1M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania3884663724253.1%
Poland17512625841333.1%
Italy518204266264-20.1%
France434128222216-20.8%
Russia204140188120-16.2%
Germany23619569.0111-22.2%
Netherlands35594.3204104-33.6%
Turkey42.638.039.680.023.4%
United Kingdom1,4854387.410.5-80.8%
Belgium10.93232813.5-31.5%
Others24334942243721.6%
Total4,0922,5022,3302,185-18.9%

Top Suppliers of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics to Latvia in 2022:

  1. Lithuania (304.2K units)
  2. Poland (263.3K units)
  3. Italy (246.1K units)
  4. France (223.2K units)
  5. Turkey (151.2K units)
  6. Russia (85.7K units)
  7. Germany (74.5K units)
  8. Netherlands (53.4K units)
  9. United Kingdom (3.1K units)
  10. Belgium (0.9K units)

Exports of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Latvia

After three years of growth, overseas shipments of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses decreased by -46.1% to 878K units in 2022. In general, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 46% against the previous year. The exports peaked at 1.6M units in 2021, and then fell sharply in the following year.

In value terms, exports of glassware; drinking glasses (not stemware), other than of lead crystal or glass-ceramicses fell remarkably to $1.3M in 2022. Over the period under review, exports recorded a perceptible reduction. The most prominent rate of growth was recorded in 2020 with an increase of 30% against the previous year. The exports peaked at $2.3M in 2021, and then declined rapidly in the following year.

Export of Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia8871,3411,579638-10.4%
Estonia16923426431322.8%
Lithuania1131211741253.4%
Ukraine10410913769.4-12.6%
Kazakhstan35.660.128.154.915.5%
Kyrgyzstan2.90.72.56.128.1%
Others205112155128-14.5%
Total1,5171,9782,3401,334-4.2%

Top Export Markets for Glassware; Drinking Glasses (Not Stemware), Other than of Lead Crystal or Glass-Ceramics from Latvia in 2022:

  1. Russia (325.9K units)
  2. Estonia (233.9K units)
  3. Lithuania (113.2K units)
  4. Ukraine (109.9K units)
  5. Kazakhstan (37.9K units)
  6. Kyrgyzstan (14.4K units)

Source: IndexBox Market Intelligence Platform

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