Price for Printed Matter of Other Kinds in Latvia - 2024

Contents:

1. Price for Printed Matter of Other Kinds in Latvia (FOB) - 2022
2. Price for Printed Matter of Other Kinds in Latvia (CIF) - 2022
3. Exports of Printed Matter of Other Kinds in Latvia
4. Imports of Printed Matter of Other Kinds in Latvia

Price for Printed Matter of Other Kinds in Latvia (FOB) - 2022

In 2022, the average export price for printed matter of other kindses amounted to $6,531 per ton, flattening at the previous year. Over the period under review, the export price, however, faced a deep reduction. The pace of growth was the most pronounced in 2019 when the average export price increased by 8.9% against the previous year. The export price peaked at $18,920 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 ($10,805 per ton), while the average price for exports to Germany ($4,850 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 Denmark (-4.2%), while the prices for the other major destinations experienced a decline.

Price for Printed Matter of Other Kinds in Latvia (CIF) - 2022

The average import price for printed matter of other kindses stood at $10,923 per ton in 2022, declining by -59.3% against the previous year. Overall, the import price showed a mild setback. The pace of growth appeared the most rapid in 2017 when the average import price increased by 304%. Over the period under review, average import prices attained the maximum at $38,785 per ton in 2019; however, from 2020 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 the Netherlands ($36,599 per ton), while the price for Norway ($2,609 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Printed Matter of Other Kinds in Latvia

For the fourth year in a row, Latvia recorded growth in shipments abroad of printed matter of other kindses, which increased by 1.7% to 1.1K tons in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +23.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +86.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 43%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, printed matter of other kinds exports rose modestly to $7M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +14.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 29%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Top Export Markets for Printed Matter; N.E.S. in Heading No. 4911 from Latvia in 2022:

1. Netherlands (225.6 tons)
2. Sweden (210.1 tons)
3. Denmark (158.7 tons)
4. Germany (128.8 tons)
5. Norway (68.8 tons)
6. Lithuania (64.1 tons)
7. Belgium (30.7 tons)
8. Finland (8.1 tons)

Imports of Printed Matter of Other Kinds in Latvia

In 2022, imports of printed matter of other kindses into Latvia soared to 275 tons, picking up by 33% against 2021 figures. Over the period under review, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 118%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, printed matter of other kinds imports shrank dramatically to $3M in 2022. Overall, imports, however, showed a perceptible decline. The most prominent rate of growth was recorded in 2021 when imports increased by 188%. As a result, imports reached the peak of $5.6M, and then dropped rapidly in the following year.

Top Suppliers of Printed Matter; N.E.S. in Heading No. 4911 to Latvia in 2022:

1. United Kingdom (42.6 tons)
2. Estonia (21.5 tons)
3. Norway (18.7 tons)
4. Lithuania (17.7 tons)
5. Netherlands (13.6 tons)
6. Switzerland (9.0 tons)
7. Germany (7.1 tons)
8. Poland (6.2 tons)
9. Canada (4.6 tons)
10. France (3.4 tons)
11. Finland (2.8 tons)
12. China (2.0 tons)
13. Ireland (1.4 tons)

Source: IndexBox Market Intelligence Platform