Price for Wood; Shuttering for Concrete Constructional Work in Latvia - 2023

Contents:

  1. Price for Wood; Shuttering for Concrete Constructional Work in Latvia (CIF) - 2022
  2. Price for Wood; Shuttering for Concrete Constructional Work in Latvia (FOB) - 2022
  3. Imports of Wood; Shuttering for Concrete Constructional Work in Latvia
  4. Exports of Wood; Shuttering for Concrete Constructional Work in Latvia

Price for Wood; Shuttering for Concrete Constructional Work in Latvia (CIF) - 2022

The average import price for wood; shuttering for concrete constructional work stood at $1,290 per ton in 2022, with an increase of 31% against the previous year. Over the period under review, the import price saw mild growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 61%. As a result, import price attained the peak level of $1,864 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($3,063 per ton), while the price for Lithuania ($761 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wood; Shuttering for Concrete Constructional Work in Latvia (FOB) - 2022

In 2022, the average export price for wood; shuttering for concrete constructional work amounted to $858 per ton, waning by -23.5% against the previous year. In general, the export price showed a pronounced decrease. The growth pace was the most rapid in 2021 an increase of 89%. As a result, the export price attained the peak level of $1,121 per ton, and then reduced remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($1,933 per ton), while the average price for exports to Greece ($643 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 Slovenia (+14.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood; Shuttering for Concrete Constructional Work in Latvia

After three years of growth, purchases abroad of wood; shuttering for concrete constructional work decreased by -46.4% to 623 tons in 2022. Overall, imports continue to indicate a pronounced slump. The growth pace was the most rapid in 2021 with an increase of 56% against the previous year. As a result, imports attained the peak of 1.2K tons, and then shrank markedly in the following year.

In value terms, imports of wood; shuttering for concrete constructional work reduced remarkably to $803K in 2022. Over the period under review, imports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by 116%. As a result, imports reached the peak of $1.1M, and then shrank notably in the following year.

Import of Wood; Shuttering for Concrete Constructional Work in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia12126923523124.1%
Germany1786.72092065.0%
Lithuania1471393961613.1%
Austria10170.01531247.1%
Poland29.425.513.563.329.1%
Slovakia47.52.8N/A9.5-41.5%
BelarusN/AN/A30.5N/A0%
Others20.416.61089.4-22.8%
Total6455291,1458037.6%

Top Suppliers of Wood; Shuttering for Concrete Constructional Work to Latvia in 2022:

  1. Estonia (250.4 tons)
  2. Lithuania (211.4 tons)
  3. Germany (67.1 tons)
  4. Austria (50.3 tons)
  5. Poland (27.1 tons)
  6. Slovakia (9.7 tons)

Exports of Wood; Shuttering for Concrete Constructional Work in Latvia

In 2022, overseas shipments of wood; shuttering for concrete constructional work decreased by -37.9% to 327 tons, falling for the second year in a row after two years of growth. Over the period under review, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2020 when exports increased by 41% against the previous year. As a result, the exports attained the peak of 786 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of wood; shuttering for concrete constructional work fell significantly to $281K in 2022. Overall, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. As a result, the exports attained the peak of $591K, and then declined rapidly in the following year.

Export of Wood; Shuttering for Concrete Constructional Work in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania126109290119-1.9%
Estonia13513269.799.3-9.7%
Germany9.845.633.525.938.3%
Poland16.58.5N/A12.8-8.1%
GreeceN/A11.63.611.80.9%
SloveniaN/AN/AN/A9.70%
RussiaN/AN/A184N/A0%
CroatiaN/A29.10.6N/A-97.9%
Austria10751.21.7N/A-87.4%
Others11.480.27.72.3-41.3%
Total406467591281-11.5%

Top Export Markets for Wood; Shuttering for Concrete Constructional Work from Latvia in 2022:

  1. Estonia (133.0 tons)
  2. Lithuania (126.6 tons)
  3. Germany (27.3 tons)
  4. Greece (18.4 tons)
  5. Slovenia (14.7 tons)
  6. Poland (6.6 tons)

Source: IndexBox Market Intelligence Platform

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