Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Latvia - 2023

Contents:

  1. Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Latvia (CIF) - 2022
  2. Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Latvia (FOB) - 2022
  3. Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Latvia
  4. Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Latvia

Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Latvia (CIF) - 2022

The average import price for man-made filament yarn (other than sewing thread), put up for retail sale stood at $54,661 per ton in 2022, declining by -10.5% against the previous year. Over the period under review, the import price showed a deep downturn. The growth pace was the most rapid in 2015 when the average import price increased by 64%. Over the period under review, average import prices hit record highs at $128,232 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 Italy ($111,976 per ton), while the price for Russia ($9,523 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+51.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Latvia (FOB) - 2022

The average export price for man-made filament yarn (other than sewing thread), put up for retail sale stood at $97,577 per ton in 2022, shrinking by -10.5% against the previous year. Overall, the export price, however, showed modest growth. The growth pace was the most rapid in 2014 an increase of 586% against the previous year. The export price peaked at $144,957 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kyrgyzstan ($115,721 per ton), while the average price for exports to Russia ($56,267 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 Belarus (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Latvia

In 2022, supplies from abroad of man-made filament yarn (other than sewing thread), put up for retail sale decreased by -10.3% to 598 kg, falling for the second year in a row after two years of growth. Overall, imports recorded a noticeable slump. The pace of growth was the most pronounced in 2020 with an increase of 34% against the previous year. As a result, imports attained the peak of 856 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of man-made filament yarn (other than sewing thread), put up for retail sale declined rapidly to $28K in 2022. In general, imports recorded a abrupt setback. The smallest decline of -8.8% was in 2021.

Import of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania8.617.56.78.0-2.4%
NetherlandsN/A2.08.75.362.8%
Italy0.1N/A7.94.7260.9%
Poland1.03.72.84.565.1%
EstoniaN/A0.31.72.0158.2%
RussiaN/AN/A0.70.814.3%
Finland2.90.60.30.5-44.3%
China29.72.9N/A0.1-85.0%
Others3.612.16.82.1-16.4%
Total45.939.135.728.1-15.1%

Top Suppliers of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale to Latvia in 2022:

  1. Poland (156.0 kg)
  2. Lithuania (128.0 kg)
  3. Estonia (95.0 kg)
  4. Russia (88.0 kg)
  5. Netherlands (48.0 kg)
  6. Italy (42.0 kg)
  7. Finland (19.0 kg)
  8. China (1.0 kg)

Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Latvia

In 2022, overseas shipments of man-made filament yarn (other than sewing thread), put up for retail sale decreased by -66.5% to 116 kg, falling for the second consecutive year after two years of growth. In general, exports saw a precipitous descent. The most prominent rate of growth was recorded in 2020 with an increase of 32%. As a result, the exports reached the peak of 388 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of man-made filament yarn (other than sewing thread), put up for retail sale declined dramatically to $11K in 2022. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 80%.

Export of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KyrgyzstanN/AN/AN/A5.00%
ArmeniaN/AN/AN/A4.70%
KazakhstanN/AN/AN/A0.80%
RussiaN/A10.622.00.8-72.5%
Hungary0.22.0N/AN/A900.0%
Lithuania0.60.30.2N/A-42.3%
Poland1.10.3N/AN/A-72.7%
Estonia4.83.71.3N/A-48.0%
Belarus3.8N/A0.2N/A-77.1%
Others1.03.50.9N/A-5.1%
Total11.420.524.611.3-0.3%

Top Export Markets for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale from Latvia in 2022:

  1. Armenia (49.0 kg)
  2. Kyrgyzstan (43.0 kg)
  3. Russia (15.0 kg)
  4. Kazakhstan (9.0 kg)

Source: IndexBox Market Intelligence Platform

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