Latvia - Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Paint, Distemper, Varnish or Similar Brush, Paint Pad and Roller in Latvia - 2023
Contents:
- Price for Paint, Distemper, Varnish or Similar Brush, Paint Pad and Roller in Latvia (CIF) - 2022
- Price for Paint, Distemper, Varnish or Similar Brush, Paint Pad and Roller in Latvia (FOB) - 2022
- Imports of Paint, Distemper, Varnish or Similar Brush, Paint Pad and Roller in Latvia
- Exports of Paint, Distemper, Varnish or Similar Brush, Paint Pad and Roller in Latvia
Price for Paint, Distemper, Varnish or Similar Brush, Paint Pad and Roller in Latvia (CIF) - 2022
The average import price for paint, distemper, varnish or similar brushes, paint pads and rollers stood at $0.5 per unit in 2022, declining by -8.4% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 38%. As a result, import price attained the peak level of $0.6 per unit, and then contracted 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 ($1.4 per unit), while the price for China ($0.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Paint, Distemper, Varnish or Similar Brush, Paint Pad and Roller in Latvia (FOB) - 2022
In 2022, the average export price for paint, distemper, varnish or similar brushes, paint pads and rollers amounted to $0.8 per unit, rising by 8.5% against the previous year. Over the period under review, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for paint, distemper, varnish or similar brushes, paint pads and rollers increased by +75.5% against 2019 indices. The growth pace was the most rapid in 2021 an increase of 39%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.
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 Finland ($1.4 per unit), while the average price for exports to Armenia ($0.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Armenia (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Paint, Distemper, Varnish or Similar Brush, Paint Pad and Roller in Latvia
In 2022, the amount of paint, distemper, varnish or similar brushes, paint pads and rollers imported into Latvia surged to 13M units, picking up by 44% against 2021 figures. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +13.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.4% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of paint, distemper, varnish or similar brushes, paint pads and rollers soared to $6.6M in 2022. Over the period under review, imports posted a significant increase. The growth pace was the most rapid in 2021 when imports increased by 44% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
Import of Paint, Distemper, Varnish or Similar Brush, Paint Pad and Roller in Latvia (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,714 | 1,056 | 1,372 | 2,458 | 12.8% |
Germany | 99.8 | 81.6 | 326 | 1,664 | 155.5% |
Poland | 813 | 947 | 867 | 907 | 3.7% |
Sweden | 282 | 354 | 860 | 764 | 39.4% |
Czech Republic | 628 | 858 | 1,207 | 436 | -11.5% |
Lithuania | 65.1 | 52.9 | 130 | 130 | 25.9% |
Others | 93.6 | 110 | 209 | 211 | 31.1% |
Total | 3,696 | 3,459 | 4,970 | 6,569 | 21.1% |
Top Suppliers of Paint, Distemper, Varnish or Similar Brush, Paint Pad and Roller to Latvia in 2022:
- China (6.0M units)
- Germany (3.8M units)
- Poland (1.3M units)
- Czech Republic (0.7M units)
- Sweden (0.6M units)
- Lithuania (0.2M units)
Exports of Paint, Distemper, Varnish or Similar Brush, Paint Pad and Roller in Latvia
After two years of decline, shipments abroad of paint, distemper, varnish or similar brushes, paint pads and rollers increased by 5.6% to 5.1M units in 2022. In general, exports, however, recorded a deep slump. Over the period under review, the exports of reached the peak figure at 7.3M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of paint, distemper, varnish or similar brushes, paint pads and rollers expanded sharply to $4.3M in 2022. The total export value increased at an average annual rate of +7.1% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Paint, Distemper, Varnish or Similar Brush, Paint Pad and Roller in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 1,869 | 1,306 | 1,058 | 1,466 | -7.8% |
Lithuania | 487 | 671 | 1,152 | 1,222 | 35.9% |
Estonia | 700 | 673 | 749 | 852 | 6.8% |
Finland | 260 | 389 | 536 | 283 | 2.9% |
Uzbekistan | N/A | 1.9 | 14.0 | 104 | 639.8% |
Armenia | N/A | N/A | N/A | 60.0 | 0% |
Ukraine | 56.0 | 53.4 | 47.0 | 59.1 | 1.8% |
Georgia | 60.2 | 43.5 | 77.2 | 52.8 | -4.3% |
Others | 35.1 | 153 | 85.2 | 162 | 66.5% |
Total | 3,467 | 3,291 | 3,718 | 4,261 | 7.1% |
Top Export Markets for Paint, Distemper, Varnish or Similar Brush, Paint Pad and Roller from Latvia in 2022:
- Russia (1931.8K units)
- Estonia (1279.7K units)
- Lithuania (1058.0K units)
- Finland (204.0K units)
- Uzbekistan (106.9K units)
- Armenia (106.8K units)
- Ukraine (101.4K units)
- Georgia (81.4K units)
This report provides an in-depth analysis of the market for paint, distemper, varnish or similar brush, paint pad and roller in Latvia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32911930 - Paint brushes, distempering brushes, paper-hanging brushes and varnishing brushes
- Prodcom 32911950 - Paint pads and rollers
Country coverage:
- Latvia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Latvia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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