Price for Woven Fabrics of Artificial Staple Fibres in Latvia - 2023
Contents:
- Price for Woven Fabrics of Artificial Staple Fibres in Latvia (CIF) - 2022
- Price for Woven Fabrics of Artificial Staple Fibres in Latvia (FOB) - 2022
- Imports of Woven Fabrics of Artificial Staple Fibres in Latvia
- Exports of Woven Fabrics of Artificial Staple Fibres in Latvia
Price for Woven Fabrics of Artificial Staple Fibres in Latvia (CIF) - 2022
The average import price for woven fabrics of artificial staple fibres stood at $4.2 per square meter in 2022, declining by -7.1% against the previous year. In general, the import price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2013 an increase of 41% against the previous year. As a result, import price reached the peak level of $28 per square meter. From 2014 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($14 per square meter), while the price for Estonia ($2.7 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-5.3%), while the prices for the other major suppliers experienced a decline.
Price for Woven Fabrics of Artificial Staple Fibres in Latvia (FOB) - 2022
The average export price for woven fabrics of artificial staple fibres stood at $11 per square meter in 2022, surging by 125% against the previous year. Overall, the export price recorded a buoyant increase. The export price peaked at $37 per square meter in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($25 per square meter), while the average price for exports to Turkey ($3.3 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+18.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Woven Fabrics of Artificial Staple Fibres in Latvia
Imports of woven fabrics of artificial staple fibres into Latvia stood at 444K square meters in 2022, standing approx. at the previous year. Over the period under review, imports showed significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 418% against the previous year. As a result, imports attained the peak of 448K square meters. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of woven fabrics of artificial staple fibres shrank to $1.8M in 2022. The total import value increased at an average annual rate of +6.1% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 15%. Over the period under review, imports of attained the peak figure at $2M in 2021, and then shrank in the following year.
| Import of Woven Fabrics of Artificial Staple Fibres in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 279 | 230 | 89.6 | 749 | 39.0% |
| Germany | 508 | 243 | 410 | 280 | -18.0% |
| Denmark | 305 | 250 | 234 | 218 | -10.6% |
| Sweden | 199 | 577 | 751 | 156 | -7.8% |
| Spain | 6.3 | 8.7 | 30.1 | 114 | 162.5% |
| China | 5.2 | 0.1 | 87.7 | 66.4 | 133.7% |
| Belgium | N/A | N/A | 54.7 | 63.9 | 16.8% |
| Hungary | N/A | 9.7 | 20.4 | 53.3 | 134.4% |
| Estonia | 27.6 | 34.8 | 19.2 | 20.1 | -10.0% |
| Others | 215 | 428 | 275 | 127 | -16.1% |
| Total | 1,546 | 1,782 | 1,972 | 1,847 | 6.1% |
Top Suppliers of Woven Fabrics of Artificial Staple Fibres to Latvia in 2022:
- Italy (205.3K square meters)
- Germany (82.6K square meters)
- Sweden (50.1K square meters)
- Denmark (15.9K square meters)
- China (14.8K square meters)
- Hungary (14.5K square meters)
- Spain (13.2K square meters)
- Belgium (8.1K square meters)
- Estonia (7.5K square meters)
Exports of Woven Fabrics of Artificial Staple Fibres in Latvia
In 2022, the amount of woven fabrics of artificial staple fibres exported from Latvia soared to 34K square meters, surging by 42% against 2021 figures. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 472%. As a result, the exports reached the peak of 44K square meters. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of woven fabrics of artificial staple fibres skyrocketed to $371K in 2022. Overall, exports continue to indicate a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Woven Fabrics of Artificial Staple Fibres in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 78.8 | 26.2 | 43.0 | 125 | 16.6% |
| Ukraine | 2.4 | 0.3 | 20.5 | 119 | 267.4% |
| Russia | 34.1 | 50.3 | 43.8 | 59.6 | 20.5% |
| Finland | N/A | N/A | 1.8 | 38.3 | 2027.8% |
| Turkey | N/A | N/A | N/A | 10.2 | 0% |
| North Macedonia | 104 | 33.9 | N/A | N/A | -67.4% |
| Others | 4.6 | 4.6 | 7.2 | 18.6 | 59.3% |
| Total | 224 | 115 | 116 | 371 | 18.3% |
Top Export Markets for Woven Fabrics of Artificial Staple Fibres from Latvia in 2022:
- Belarus (18.7K square meters)
- Russia (10.8K square meters)
- Ukraine (4.7K square meters)
- Finland (3.7K square meters)
- Turkey (3.1K square meters)
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