Rafts; Inflatable Price in Latvia - 2023

Contents:

  1. Rafts; Inflatable Price in Latvia (FOB) - 2022
  2. Rafts; Inflatable Price in Latvia (CIF) - 2022
  3. Rafts; Inflatable Exports in Latvia
  4. Rafts; Inflatable Imports in Latvia

Rafts; Inflatable Price in Latvia (FOB) - 2022

The average rafts; inflatable export price stood at $1,858 per unit in 2022, jumping by 134% against the previous year. In general, the export price saw a significant expansion. The pace of growth was the most pronounced in 2017 an increase of 18,142% against the previous year. As a result, the export price attained the peak level of $1,867 per unit; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($4,273 per unit), while the average price for exports to Estonia ($242 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+31.1%), while the prices for the other major destinations experienced more modest paces of growth.

Rafts; Inflatable Price in Latvia (CIF) - 2022

The average rafts; inflatable import price stood at $1,330 per unit in 2022, increasing by 12% against the previous year. In general, the import price, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2015 when the average import price increased by 492%. The import price peaked at $2,895 per unit in 2012; however, from 2013 to 2022, 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 Sweden ($3,125 per unit), while the price for Lithuania ($587 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+175.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Rafts; Inflatable Exports in Latvia

Rafts; inflatable exports from Latvia soared to 87 units in 2022, picking up by 43% against 2021. Overall, exports, however, continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2021 when exports increased by 578% against the previous year. Over the period under review, the exports attained the peak figure at 146 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, rafts; inflatable exports skyrocketed to $162K in 2022. In general, exports recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 262%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Rafts; Inflatable in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
CanadaN/A12.235.7142241.2%
Lithuania7.9N/A3.312.817.5%
Estonia25.40.29.46.3-37.2%
OthersN/A1.0N/A1.00.0%
Total33.313.348.316269.4%

Top Export Markets for Rafts; Inflatable from Latvia in 2022:

  1. Canada (57.0 units)
  2. Estonia (26.0 units)
  3. Lithuania (3.0 units)

Rafts; Inflatable Imports in Latvia

In 2022, approx. 86 units of rafts; inflatables were imported into Latvia; with an increase of 19% compared with the previous year. Overall, imports, however, saw a deep downturn. Imports peaked at 123 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, rafts; inflatable imports soared to $114K in 2022. In general, imports, however, recorded a deep reduction. Imports peaked at $142K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Rafts; Inflatable in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/A3.858.81447.4%
France9.44.15.917.021.8%
Germany17.815.5N/A12.9-10.2%
Estonia50.113.412.812.6-36.9%
Sweden3.0N/A4.36.328.1%
LithuaniaN/A1.60.44.160.1%
ItalyN/AN/A6.82.8-58.8%
RussiaN/AN/A23.6N/A0%
BelgiumN/AN/A7.0N/A0%
United Kingdom27.120.64.8N/A-57.9%
Netherlands10.97.64.5N/A-35.7%
Others23.42.411.3N/A-30.5%
Total14265.185.3114-7.1%

Top Suppliers of Rafts; Inflatable to Latvia in 2022:

  1. China (44.0 units)
  2. France (14.0 units)
  3. Estonia (10.0 units)
  4. Lithuania (7.0 units)
  5. Germany (7.0 units)
  6. Italy (2.0 units)
  7. Sweden (2.0 units)

Source: IndexBox Market Intelligence Platform

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