Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Latvia - 2024
Contents:
- Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Latvia (CIF) - 2024
- Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Latvia (FOB) - 2022
- Imports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Latvia
- Exports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Latvia
Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Latvia (CIF) - 2024
The average import price for stemware drinking glasses, other than of lead crystal or glass-ceramicses stood at $2.7 per unit in March 2024, increasing by 6.4% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 48% against the previous month. As a result, import price attained the peak level of $4.1 per unit. From July 2023 to March 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 France ($5.7 per unit), while the price for Turkey ($1.0 per unit) was amongst the lowest.
From April 2023 to March 2024, the most notable rate of growth in terms of prices was attained by France (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Latvia (FOB) - 2022
In 2022, the average export price for stemware drinking glasses, other than of lead crystal or glass-ceramicses amounted to $3.2 per unit, shrinking by -26.9% against the previous year. In general, the export price recorded a abrupt downturn. The pace of growth appeared the most rapid in 2017 when the average export price increased by 44% against the previous year. Over the period under review, the average export prices attained the maximum at $10 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($3.8 per unit), while the average price for exports to Kazakhstan ($1.8 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 Kazakhstan (-1.2%), while the prices for the other major destinations experienced a decline.
Imports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Latvia
In 2022, the amount of stemware drinking glasses, other than of lead crystal or glass-ceramicses imported into Latvia skyrocketed to 974K units, with an increase of 44% compared with 2021 figures. In general, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 111% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, imports of stemware drinking glasses, other than of lead crystal or glass-ceramicses soared to $2.7M in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +27.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +108.1% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 82% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 98.9 | 905 | 920 | 841 | 104.1% |
| Germany | 238 | 208 | 235 | 322 | 10.6% |
| Italy | 58.9 | 126 | 232 | 249 | 61.7% |
| Poland | 135 | 154 | 186 | 240 | 21.1% |
| Lithuania | 266 | 238 | 207 | 225 | -5.4% |
| France | 120 | 211 | 125 | 205 | 19.5% |
| Netherlands | 131 | 113 | 163 | 146 | 3.7% |
| Czech Republic | 108 | 159 | 89.8 | 101 | -2.2% |
| China | 38.4 | 22.2 | 36.8 | 46.3 | 6.4% |
| Turkey | 25.6 | 35.6 | 14.5 | 42.9 | 18.8% |
| Russia | 30.6 | 44.1 | 49.4 | 3.7 | -50.6% |
| Others | 52.6 | 161 | 75.2 | 293 | 77.3% |
| Total | 1,304 | 2,376 | 2,335 | 2,713 | 27.7% |
Top Suppliers of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics to Latvia in 2022:
- Austria (153.5K units)
- Lithuania (153.4K units)
- Germany (136.3K units)
- Poland (112.4K units)
- Netherlands (90.4K units)
- Italy (88.9K units)
- France (57.7K units)
- Turkey (50.4K units)
- Czech Republic (38.1K units)
- China (19.1K units)
- Russia (3.5K units)
Exports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Latvia
For the fourth year in a row, Latvia recorded growth in shipments abroad of stemware drinking glasses, other than of lead crystal or glass-ceramicses, which increased by 23% to 486K units in 2022. In general, exports posted significant growth. The growth pace was the most rapid in 2020 when exports increased by 296% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of stemware drinking glasses, other than of lead crystal or glass-ceramicses shrank to $1.5M in 2022. Over the period under review, exports recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 222% against the previous year. As a result, the exports attained the peak of $1.8M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 170 | 1,441 | 1,216 | 984 | 79.5% |
| Estonia | 233 | 197 | 281 | 266 | 4.5% |
| Lithuania | 127 | 126 | 167 | 143 | 4.0% |
| United Kingdom | 4.0 | N/A | 0.2 | 44.3 | 122.9% |
| Kazakhstan | 3.0 | 9.4 | 17.3 | 18.7 | 84.0% |
| Others | 21.0 | 25.5 | 20.0 | 76.7 | 54.0% |
| Total | 558 | 1,799 | 1,701 | 1,532 | 40.0% |
Top Export Markets for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics from Latvia in 2022:
- Russia (292.9K units)
- Estonia (96.5K units)
- Lithuania (62.7K units)
- United Kingdom (11.8K units)
- Kazakhstan (10.6K units)
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