Latvia - Porcelain Or China Tableware And Kitchenware - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Porcelain Tableware and Kitchenware in Latvia - 2023
Contents:
- Price for Porcelain Tableware and Kitchenware in Latvia (CIF) - 2022
- Price for Porcelain Tableware and Kitchenware in Latvia (FOB) - 2022
- Imports of Porcelain Tableware and Kitchenware in Latvia
- Exports of Porcelain Tableware and Kitchenware in Latvia
Price for Porcelain Tableware and Kitchenware in Latvia (CIF) - 2022
In 2022, the average porcelain tableware and kitchenware import price amounted to $5,358 per ton, falling by -13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. The pace of growth appeared the most rapid in 2013 an increase of 34%. Over the period under review, average import prices attained the maximum at $6,161 per ton in 2021, 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 Finland ($18,046 per ton), while the price for China ($3,586 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Porcelain Tableware and Kitchenware in Latvia (FOB) - 2022
The average porcelain tableware and kitchenware export price stood at $7,354 per ton in 2022, jumping by 42% against the previous year. Overall, the export price posted a moderate expansion. The pace of growth appeared the most rapid in 2015 an increase of 57% against the previous year. As a result, the export price reached the peak level of $12,462 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($23,519 per ton), while the average price for exports to Uzbekistan ($3,096 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 Russia (+14.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Porcelain Tableware and Kitchenware in Latvia
In 2022, the amount of porcelain or china tableware and kitchenware imported into Latvia expanded modestly to 693 tons, surging by 3.2% compared with 2021. Overall, imports, however, showed a slight contraction. The pace of growth was the most pronounced in 2021 when imports increased by 8.9%.
In value terms, porcelain tableware and kitchenware imports reduced to $3.7M in 2022. The total import value increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. As a result, imports attained the peak of $4.1M, and then declined in the following year.
Import of Porcelain Tableware and Kitchenware in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lithuania | 1,085 | 1,163 | 1,092 | 762 | -11.1% |
Poland | 378 | 535 | 558 | 756 | 26.0% |
Germany | 484 | 440 | 563 | 527 | 2.9% |
China | 405 | 314 | 408 | 287 | -10.8% |
Finland | 164 | 230 | 245 | 279 | 19.4% |
Netherlands | 116 | 80.6 | 271 | 259 | 30.7% |
Thailand | 57.5 | 147 | 122 | 199 | 51.3% |
Italy | 176 | 173 | 388 | 194 | 3.3% |
Others | 427 | 411 | 494 | 453 | 2.0% |
Total | 3,292 | 3,493 | 4,140 | 3,715 | 4.1% |
Top Suppliers of Porcelain Tableware and Kitchenware to Latvia in 2022:
- Poland (160.6 tons)
- Lithuania (140.9 tons)
- Germany (129.3 tons)
- China (80.0 tons)
- Netherlands (43.1 tons)
- Thailand (36.6 tons)
- Italy (21.5 tons)
- Finland (15.5 tons)
Exports of Porcelain Tableware and Kitchenware in Latvia
After three years of growth, shipments abroad of porcelain or china tableware and kitchenware decreased by -59.6% to 123 tons in 2022. Over the period under review, exports showed a abrupt descent. The growth pace was the most rapid in 2020 when exports increased by 51%.
In value terms, porcelain tableware and kitchenware exports shrank rapidly to $905K in 2022. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 63% against the previous year.
Export of Porcelain Tableware and Kitchenware in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Estonia | 338 | 599 | 586 | 317 | -2.1% |
Lithuania | 188 | 460 | 650 | 269 | 12.7% |
Russia | 320 | 234 | 276 | 160 | -20.6% |
Poland | 4.9 | 4.4 | 2.1 | 101 | 174.2% |
Uzbekistan | 0.8 | 15.1 | 12.7 | 8.3 | 118.1% |
Others | 36.7 | 133 | 58.2 | 49.5 | 10.5% |
Total | 888 | 1,446 | 1,584 | 905 | 0.6% |
Top Export Markets for Porcelain Tableware and Kitchenware from Latvia in 2022:
- Estonia (53.0 tons)
- Lithuania (51.7 tons)
- Russia (6.8 tons)
- Poland (5.6 tons)
- Uzbekistan (2.7 tons)
This report provides an in-depth analysis of the market for porcelain tableware and kitchenware 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 23411130 - Porcelain or china tableware and kitchenware (excluding electro-thermic apparatus, coffee or spice mills with metal working parts)
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
This report provides an in-depth analysis of the market for porcelain tableware and kitchenware in Latvia.
This report provides an in-depth analysis of the ceramic household article market in Latvia.
This report provides an in-depth analysis of the global market for porcelain tableware and kitchenware.
This report provides an in-depth analysis of the global ceramic household article market.
This report provides an in-depth analysis of the market for porcelain tableware and kitchenware in Latvia.
This report provides an in-depth analysis of the ceramic household article market in Latvia.
This report provides an in-depth analysis of the global market for porcelain tableware and kitchenware.
This report provides an in-depth analysis of the global ceramic household article market.
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