Price for Wood; Shingles and Shakes in Latvia - 2023
Contents:
- Price for Wood; Shingles and Shakes in Latvia (FOB) - 2022
- Exports of Wood; Shingles and Shakes in Latvia
Price for Wood; Shingles and Shakes in Latvia (FOB) - 2022
The average wood; shingles and shakes export price stood at $890 per ton in 2022, flattening at the previous year. Overall, the export price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2014 when the average export price increased by 905% against the previous year. As a result, the export price reached the peak level of $14,551 per ton. From 2015 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 Norway ($5,075 per ton), while the average price for exports to Lithuania ($374 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+221.6%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Wood; Shingles and Shakes in Latvia
After two years of decline, overseas shipments of wood; shingles and shakeses decreased by 0% to 126 tons in 2022. Overall, exports enjoyed a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in years to come.
In value terms, wood; shingles and shakes exports totaled $112K in 2022. In general, exports saw a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.
| Export of Wood; Shingles and Shakes in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | N/A | N/A | N/A | 37.8 | 0% |
| Lithuania | N/A | N/A | N/A | 32.4 | 0% |
| Norway | 0.9 | N/A | N/A | 29.4 | 219.7% |
| Finland | N/A | N/A | N/A | 12.7 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.9 | N/A | N/A | 112 | 399.3% |
Top Export Markets for Wood; Shingles and Shakes from Latvia in 2022:
- Lithuania (86.5 tons)
- Sweden (22.0 tons)
- Finland (11.9 tons)
- Norway (5.8 tons)
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