Price for Newspapers, Journals and Periodicals, Appearing Less Frequently than Four Times A Week in Latvia - 2024

Contents:

1. Price for Newspapers, Journals and Periodicals, Appearing Less Frequently than Four Times A Week in Latvia (FOB) - 2024
2. Price for Newspapers, Journals and Periodicals, Appearing Less Frequently than Four Times A Week in Latvia (CIF) - 2024
3. Exports of Newspapers, Journals and Periodicals, Appearing Less Frequently than Four Times A Week in Latvia
4. Imports of Newspapers, Journals and Periodicals, Appearing Less Frequently than Four Times A Week in Latvia

Price for Newspapers, Journals and Periodicals, Appearing Less Frequently than Four Times A Week in Latvia (FOB) - 2024

The average export price for newspapers, journals and periodicals appearing less frequently than four times a week stood at $2,774 per ton in April 2024, with a decrease of -71.5% against the previous month. Overall, the export price recorded a slight downturn. The most prominent rate of growth was recorded in November 2023 when the average export price increased by 139% m-o-m. The export price peaked at $9,727 per ton in March 2024, and then fell notably in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Norway ($10,477 per ton), while the average price for exports to Sweden ($2,298 per ton) was amongst the lowest.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Newspapers, Journals and Periodicals, Appearing Less Frequently than Four Times A Week in Latvia (CIF) - 2024

The average import price for newspapers, journals and periodicals appearing less frequently than four times a week stood at $3,653 per ton in April 2024, increasing by 53% against the previous month. Over the period under review, the import price, however, recorded a deep reduction. The growth pace was the most rapid in October 2023 when the average import price increased by 332% m-o-m. As a result, import price attained the peak level of $11,359 per ton. From November 2023 to April 2024, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($20,416 per ton), while the price for Estonia ($1,957 per ton) was amongst the lowest.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Lithuania (+26.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Newspapers, Journals and Periodicals, Appearing Less Frequently than Four Times A Week in Latvia

In 2022, overseas shipments of newspapers, journals and periodicals appearing less frequently than four times a week increased by 5.7% to 2.9K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a pronounced setback.

In value terms, exports of newspapers, journals and periodicals appearing less frequently than four times a week soared to $8.6M in 2022. The total export value increased at an average annual rate of +2.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Newspapers, Journals and Periodicals Appearing Less Frequently than Four Times A Week from Latvia in 2022:

1. Netherlands (951.3 tons)
2. Sweden (501.7 tons)
3. Germany (435.6 tons)
4. Denmark (306.7 tons)
5. United Kingdom (200.0 tons)
6. Poland (185.9 tons)
7. Estonia (79.0 tons)
8. Norway (60.8 tons)
9. Finland (55.3 tons)
10. Lithuania (49.6 tons)

Imports of Newspapers, Journals and Periodicals, Appearing Less Frequently than Four Times A Week in Latvia

For the third consecutive year, Latvia recorded decline in overseas purchases of newspapers, journals and periodicals appearing less frequently than four times a week, which decreased by -79.1% to 101 tons in 2022. Over the period under review, imports saw a significant decrease. The smallest decline of -0.3% was in 2021.

In value terms, imports of newspapers, journals and periodicals appearing less frequently than four times a week contracted significantly to $630K in 2022. Overall, imports continue to indicate a dramatic downturn. The smallest decline of -9.1% was in 2021.

Top Suppliers of Newspapers, Journals and Periodicals Appearing Less Frequently than Four Times A Week to Latvia in 2022:

1. Russia (43.4 tons)
2. United Kingdom (13.0 tons)
3. Estonia (10.8 tons)
4. Lithuania (8.6 tons)
5. Belarus (2.4 tons)
6. Poland (2.4 tons)

Source: IndexBox Market Intelligence Platform