Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Latvia - 2023

Contents:

  1. Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Latvia (CIF) - 2023
  2. Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Latvia (FOB) - 2022
  3. Imports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Latvia
  4. Exports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Latvia

Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Latvia (CIF) - 2023

The average import price for tarpaulins, awnings and sunblinds of synthetic fibreses stood at $8,169 per ton in December 2023, picking up by 22% against the previous month. In general, the import price, however, faced a abrupt decrease. The most prominent rate of growth was recorded in April 2023 an increase of 404% month-to-month. Over the period under review, average import prices hit record highs at $54,105 per ton in August 2023; however, from September 2023 to December 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Germany ($90,544 per ton), while the price for Poland ($3,825 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Latvia (FOB) - 2022

The average export price for tarpaulins, awnings and sunblinds of synthetic fibreses stood at $6,015 per ton in 2022, with an increase of 6.9% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 54%. As a result, the export price attained the peak level of $8,706 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($25,025 per ton), while the average price for exports to Belarus ($3,195 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 (+7.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Latvia

In 2022, approx. 236 tons of tarpaulins, awnings and sunblinds of synthetic fibreses were imported into Latvia; picking up by 2% on the previous year's figure. Overall, imports, however, continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 2.6%.

In value terms, imports of tarpaulins, awnings and sunblinds of synthetic fibreses skyrocketed to $1.7M in 2022. In general, imports, however, recorded a perceptible decline.

Import of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China979510416480-21.1%
Lithuania19211132242230.0%
Denmark13.849.66.8217150.5%
Germany18093.880.72166.3%
Poland1301472341566.3%
Others451148191240-19.0%
Total1,9461,0591,2511,732-3.8%

Top Suppliers of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres to Latvia in 2022:

  1. China (125.4 tons)
  2. Lithuania (51.7 tons)
  3. Poland (22.2 tons)
  4. Denmark (15.2 tons)
  5. Germany (13.8 tons)

Exports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Latvia

After two years of decline, overseas shipments of tarpaulins, awnings and sunblinds of synthetic fibreses increased by 13% to 76 tons in 2022. In general, exports, however, recorded a deep setback.

In value terms, exports of tarpaulins, awnings and sunblinds of synthetic fibreses soared to $456K in 2022. Over the period under review, exports, however, continue to indicate a pronounced descent.

Export of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway11.13.8108141133.3%
Lithuania315190138140-23.7%
Russia2.622.413.276.7209.0%
Estonia14888.854.063.5-24.6%
KazakhstanN/AN/AN/A17.00%
Belarus10.15.99.80.1-78.5%
Others7.45.954.518.134.7%
Total494316378456-2.6%

Top Export Markets for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres from Latvia in 2022:

  1. Lithuania (41.7 tons)
  2. Estonia (17.5 tons)
  3. Norway (8.0 tons)
  4. Russia (6.5 tons)
  5. Kazakhstan (1.1 tons)

Source: IndexBox Market Intelligence Platform

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