Price for Music, Printed or in Manuscript in Latvia - 2023

Contents:

1. Price for Music, Printed or in Manuscript in Latvia (CIF) - 2022
2. Price for Music, Printed or in Manuscript in Latvia (FOB) - 2022
3. Imports of Music, Printed or in Manuscript in Latvia
4. Exports of Music, Printed or in Manuscript in Latvia

Price for Music, Printed or in Manuscript in Latvia (CIF) - 2022

In 2022, the average import price for music, printed or in manuscript, whether or not bound or illustrated amounted to $75,480 per ton, with an increase of 172% against the previous year. In general, the import price posted prominent growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($111,000 per ton), while the price for France ($13,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Music, Printed or in Manuscript in Latvia (FOB) - 2022

In 2022, the average export price for music, printed or in manuscript, whether or not bound or illustrated amounted to $22,034 per ton, approximately reflecting the previous year. Over the period under review, the export price faced a abrupt decline. The most prominent rate of growth was recorded in 2020 an increase of 14%. Over the period under review, the average export prices attained the peak figure at $53,478 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Switzerland.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +50.0% per year.

Imports of Music, Printed or in Manuscript in Latvia

In 2022, purchases abroad of music, printed or in manuscript, whether or not bound or illustrated decreased by -75% to 50 kg, falling for the second year in a row after two years of growth. Overall, imports showed a abrupt shrinkage. The growth pace was the most rapid in 2020 with an increase of 419% against the previous year. As a result, imports attained the peak of 472 kg. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, music, printed or in manuscript imports contracted remarkably to $3.8K in 2022. In general, imports saw a abrupt curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 156%. As a result, imports reached the peak of $11K. From 2021 to 2022, the growth of imports failed to regain momentum.

Top Suppliers of Music, Printed or in Manuscript to Latvia in 2022:

1. United Kingdom (30.0 kg)
2. Germany (7.0 kg)
3. United States (5.0 kg)
4. Poland (4.0 kg)
5. Norway (2.0 kg)
6. Czech Republic (1.0 kg)
7. France (1.0 kg)

Exports of Music, Printed or in Manuscript in Latvia

In 2022, the amount of music, printed or in manuscript, whether or not bound or illustrated exported from Latvia stood at 29 kg, stabilizing at the year before. Overall, exports saw a precipitous contraction. The smallest decline of -68.8% was in 2020.

In value terms, music, printed or in manuscript exports totaled $639 in 2022. In general, exports faced a sharp contraction. The smallest decline of -64.4% was in 2020.

Top Export Markets for Music, Printed or in Manuscript from Latvia in 2022:

1. Switzerland (29.0 kg)

Source: IndexBox Market Intelligence Platform