Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Latvia - 2024

Contents:

  1. Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Latvia (CIF) - 2022
  2. Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Latvia (FOB) - 2022
  3. Imports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Latvia
  4. Exports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Latvia

Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Latvia (CIF) - 2022

The average import price for twine, cordage or rope; knotted netting, of other than man-made textileses stood at $17,727 per ton in 2022, with a decrease of -51.7% against the previous year. In general, the import price, however, continues to indicate strong growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 321% against the previous year. As a result, import price reached the peak level of $36,678 per ton, and then dropped dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Israel ($34,194 per ton), while the price for China ($3,694 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.4%), while the prices for the other major suppliers experienced a decline.

Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Latvia (FOB) - 2022

In 2022, the average export price for twine, cordage or rope; knotted netting, of other than man-made textileses amounted to $1,710 per ton, reducing by -71.7% against the previous year. Overall, the export price faced a deep downturn. The growth pace was the most rapid in 2014 when the average export price increased by 92%. Over the period under review, the average export prices reached the maximum at $23,281 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat 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 Lithuania ($7,563 per ton), while the average price for exports to Spain ($406 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 Canada (+28.4%), while the prices for the other major destinations experienced a decline.

Imports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Latvia

Imports of twine, cordage or rope; knotted netting, of other than man-made textileses into Latvia skyrocketed to 50 tons in 2022, rising by 76% on 2021 figures. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 789%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of twine, cordage or rope; knotted netting, of other than man-made textileses declined to $895K in 2022. Overall, imports showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 3,647% against the previous year. As a result, imports attained the peak of $1.1M, and then reduced in the following year.

Import of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IsraelN/AN/A955760-20.4%
ChinaN/A1.71.468.4534.3%
Lithuania62.04.977.840.5-13.2%
Germany14.48.15.110.0-11.4%
PolandN/AN/A1.75.7235.3%
Finland0.85.70.81.111.2%
Others26.47.78.99.5-28.9%
Total10328.01,051895105.6%

Top Suppliers of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles to Latvia in 2022:

  1. Israel (22.2 tons)
  2. China (18.5 tons)
  3. Lithuania (6.7 tons)
  4. Poland (1.0 tons)
  5. Germany (0.5 tons)
  6. Finland (0.3 tons)

Exports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Latvia

In 2022, exports of twine, cordage or rope; knotted netting, of other than man-made textileses from Latvia soared to 3.9 tons, increasing by 332% compared with 2021 figures. Over the period under review, exports, however, saw a precipitous decrease.

In value terms, exports of twine, cordage or rope; knotted netting, of other than man-made textileses skyrocketed to $6.6K in 2022. Overall, exports, however, faced a precipitous decline.

Export of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NorwayN/A1.10.63.167.9%
Estonia3.44.23.11.4-25.6%
Lithuania2.31.11.61.1-21.8%
Spain2,002N/AN/A1.0-92.1%
Others11.72.80.20.1-79.6%
Total2,0199.25.46.6-85.2%

Top Export Markets for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles from Latvia in 2022:

  1. Spain (2426.0 kg)
  2. Norway (979.0 kg)
  3. Estonia (223.0 kg)
  4. Lithuania (142.0 kg)

Source: IndexBox Market Intelligence Platform

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