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Latvia - Boards, Blocks and Similar Articles of Vegetable Fibre, Agglomerated With Mineral Binders - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLatvia: Market for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders 2024
Market Size for Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in Latvia
The Latvian market for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders soared to $X in 2023, growing by X% against the previous year. Over the period under review, consumption recorded temperate growth. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market remained at a lower figure.
Production of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders in Latvia
In value terms, production of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders expanded markedly to $X in 2023 estimated in export price. Overall, production recorded a remarkable increase. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production of attained the maximum level at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.
Exports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders
Exports from Latvia
After seven years of growth, overseas shipments of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders decreased by X% to X square meters in 2023. In general, exports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2016 when exports increased by X%. The exports peaked at X square meters in 2022, and then dropped sharply in the following year.
In value terms, exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders declined to $X in 2023. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2022, and then fell in the following year.
Exports by Country
Denmark (X square meters) was the main destination for exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders from Latvia, with a X% share of total exports. Moreover, exports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders to Denmark exceeded the volume sent to the second major destination, the United States (X square meters), threefold. The Netherlands (X square meters) ranked third in terms of total exports with an X% share.
From 2012 to 2023, the average annual growth rate of volume to Denmark totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and the Netherlands (X% per year).
In value terms, the largest markets for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders exported from Latvia were Denmark ($X), the United States ($X) and the Netherlands ($X), together accounting for X% of total exports. Spain, Germany, Finland, Switzerland, Estonia, Belgium, Norway, France, Lithuania and Faroe Islands lagged somewhat behind, together comprising a further X%.
In terms of the main countries of destination, Switzerland, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2023, the average export price for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders amounted to $X per square meter, with an increase of X% against the previous year. Overall, the export price posted a prominent expansion. The growth pace was the most rapid in 2015 an increase of X%. Over the period under review, the average export prices hit record highs in 2023 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was the United States ($X per square meter), while the average price for exports to Denmark ($X per square meter) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Boards, Blocks And Similar Articles Of Vegetable Fibre, Agglomerated With Mineral Binders
Imports into Latvia
In 2023, purchases abroad of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders decreased by X% to X square meters, falling for the second year in a row after six years of growth. Over the period under review, imports, however, posted a strong increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. Imports peaked at X square meters in 2021; however, from 2022 to 2023, imports remained at a lower figure.
In value terms, imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders contracted dramatically to $X in 2023. In general, imports, however, showed strong growth. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Imports peaked at $X in 2022, and then contracted notably in the following year.
Imports by Country
In 2023, Lithuania (X square meters) constituted the largest boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders supplier to Latvia, with a X% share of total imports. Moreover, imports of boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders from Lithuania exceeded the figures recorded by the second-largest supplier, Estonia (X square meters), threefold. The third position in this ranking was held by the Czech Republic (X square meters), with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume from Lithuania stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Estonia (X% per year) and the Czech Republic (X% per year).
In value terms, the largest boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders suppliers to Latvia were Estonia ($X), Lithuania ($X) and the Czech Republic ($X), with a combined X% share of total imports. Italy, Germany, Russia, Poland and Belarus lagged somewhat behind, together comprising a further X%.
Belarus, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the average import price for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders amounted to $X per square meter, approximately equating the previous year. Over the period under review, the import price continues to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2014 when the average import price increased by X%. As a result, import price attained the peak level of $X per square meter. From 2015 to 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Germany ($X per square meter), while the price for Lithuania ($X per square meter) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for boards, blocks and similar articles of vegetable fibre, agglomerated with mineral binders in Latvia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 23651100 - Panels, boards, tiles, blocks and similar articles of vegetable fibre, of straw or of shavings, chips, particles, sawdust or other waste of wood, agglomerated with cement, plaster or other mineral binders
Country coverage:
- Latvia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Latvia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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