Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Latvia - 2024
Contents:
- Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Latvia (CIF) - 2022
- Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Latvia (FOB) - 2022
- Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Latvia
- Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Latvia
Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Latvia (CIF) - 2022
The average import price for wadding; other articles thereof, other than of cotton or man-made fibreses stood at $17,337 per ton in 2022, surging by 151% against the previous year. Over the period under review, the import price, however, recorded a deep reduction. The import price peaked at $31,731 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($54,000 per ton), while the price for Finland ($3,177 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Latvia (FOB) - 2022
In 2022, the average export price for wadding; other articles thereof, other than of cotton or man-made fibreses amounted to $4,169 per ton, growing by 9% against the previous year. Over the period under review, the export price, however, faced a deep contraction. The pace of growth was the most pronounced in 2013 an increase of 94% against the previous year. As a result, the export price attained the peak level of $26,150 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
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 Russia ($14,167 per ton), while the average price for exports to Lithuania totaled $3,966 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-2.6%), while the prices for the other major destinations experienced a decline.
Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Latvia
In 2022, overseas purchases of wadding; other articles thereof, other than of cotton or man-made fibreses decreased by -65.7% to 5.1 tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a dramatic slump. The most prominent rate of growth was recorded in 2020 when imports increased by 29% against the previous year. As a result, imports reached the peak of 42 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of wadding; other articles thereof, other than of cotton or man-made fibreses contracted to $89K in 2022. Over the period under review, imports faced a precipitous decline. The pace of growth appeared the most rapid in 2020 when imports increased by 7.3%. As a result, imports reached the peak of $207K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | N/A | N/A | N/A | 56.1 | 0% |
| Hong Kong SAR | 5.3 | N/A | 2.1 | 11.6 | 29.8% |
| Poland | 111 | 185 | 85.6 | 6.1 | -62.0% |
| Italy | 1.5 | N/A | N/A | 5.9 | 57.9% |
| Germany | 6.5 | 6.4 | 6.3 | 3.4 | -19.4% |
| Estonia | N/A | 1.8 | 3.2 | 3.2 | 33.3% |
| Finland | N/A | N/A | N/A | 2.2 | 0% |
| Denmark | 54.9 | N/A | 1.1 | 0.1 | -87.8% |
| Russia | N/A | 5.4 | N/A | N/A | 0% |
| Lithuania | 4.9 | 4.5 | 0.3 | N/A | -75.3% |
| Others | 8.5 | 3.6 | 4.6 | 0.4 | -63.9% |
| Total | 193 | 207 | 103 | 88.8 | -22.8% |
Top Suppliers of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres to Latvia in 2022:
- Vietnam (1778.0 kg)
- Poland (819.0 kg)
- Italy (745.0 kg)
- Finland (685.0 kg)
- Germany (526.0 kg)
- Estonia (321.0 kg)
- Hong Kong SAR (215.0 kg)
- Denmark (6.0 kg)
Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Latvia
In 2022, shipments abroad of wadding; other articles thereof, other than of cotton or man-made fibreses decreased by -73.4% to 301 kg, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2020 with an increase of 57% against the previous year. As a result, the exports reached the peak of 2.6 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of wadding; other articles thereof, other than of cotton or man-made fibreses contracted sharply to $1.3K in 2022. In general, exports saw a dramatic descent. The growth pace was the most rapid in 2020 with an increase of 27% against the previous year. As a result, the exports attained the peak of $10K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 3.1 | 2.5 | 2.3 | 1.2 | -27.1% |
| Russia | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Hungary | N/A | 5.7 | N/A | N/A | 0% |
| Greece | N/A | N/A | 1.9 | N/A | 0% |
| Denmark | 4.5 | 1.6 | N/A | N/A | -64.4% |
| Others | 0.3 | 0.1 | N/A | N/A | -66.7% |
| Total | 7.8 | 10.0 | 4.3 | 1.3 | -45.0% |
Top Export Markets for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres from Latvia in 2022:
- Lithuania (295.0 kg)
- Russia (6.0 kg)
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