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Latvia - Floor, Wall or Ceiling Coverings of Plastics - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLatvia: Market for Floor, Wall Or Ceiling Coverings Of Plastics 2024
Market Size for Floor, Wall Or Ceiling Coverings Of Plastics in Latvia
The Latvian market for floor, wall or ceiling coverings of plastics surged to $X in 2023, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, showed a abrupt slump. Consumption of peaked at $X in 2019; however, from 2020 to 2023, consumption remained at a lower figure.
Exports of Floor, Wall Or Ceiling Coverings Of Plastics
Exports from Latvia
In 2023, overseas shipments of floor, wall or ceiling coverings of plastics increased by X% to X square meters for the first time since 2019, thus ending a three-year declining trend. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. The exports peaked at X square meters in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.
In value terms, exports of floor, wall or ceiling coverings of plastics shrank to $X in 2023. In general, exports posted significant growth. The pace of growth was the most pronounced in 2014 with an increase of X%. The exports peaked at $X in 2022, and then fell in the following year.
Exports by Country
Lithuania (X square meters) was the main destination for exports of floor, wall or ceiling coverings of plastics from Latvia, accounting for a X% share of total exports. Moreover, exports of floor, wall or ceiling coverings of plastics to Lithuania exceeded the volume sent to the second major destination, Estonia (X square meters), sixfold. The third position in this ranking was held by Finland (X square meters), with a X% share.
From 2012 to 2023, the average annual growth rate of volume to Lithuania amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (X% per year) and Finland (X% per year).
In value terms, Lithuania ($X) remains the key foreign market for floor, wall or ceiling coverings of plastics exports from Latvia, comprising X% of total exports. The second position in the ranking was taken by Estonia ($X), with a X% share of total exports. It was followed by Denmark, with a X% share.
From 2012 to 2023, the average annual growth rate of value to Lithuania amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (X% per year) and Denmark (X% per year).
Export Prices by Country
The average export price for floor, wall or ceiling coverings of plastics stood at $X per square meter in 2023, shrinking by X% against the previous year. Over the period under review, the export price saw a slight decrease. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per square meter in 2013; however, from 2014 to 2023, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X per square meter), while the average price for exports to Lithuania ($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 Ireland (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Floor, Wall Or Ceiling Coverings Of Plastics
Imports into Latvia
Imports of floor, wall or ceiling coverings of plastics into Latvia surged to X square meters in 2023, increasing by X% compared with 2022 figures. Over the period under review, imports, however, saw a slight slump. The pace of growth appeared the most rapid in 2019 when imports increased by X%. As a result, imports attained the peak of X square meters. From 2020 to 2023, the growth of imports of remained at a lower figure.
In value terms, imports of floor, wall or ceiling coverings of plastics rose rapidly to $X in 2023. In general, imports saw a strong increase. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, imports of reached the maximum in 2023 and are likely to continue growth in the near future.
Imports by Country
Belgium (X square meters), Poland (X square meters) and China (X square meters) were the main suppliers of imports of floor, wall or ceiling coverings of plastics to Latvia, together accounting for X% of total imports. Russia, Germany, the Netherlands, Lithuania, Sweden, the UK, Estonia, the Czech Republic and Hungary lagged somewhat behind, together comprising a further X%.
From 2012 to 2023, the biggest increases were recorded for Russia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest plastic floor, wall and ceiling coverings suppliers to Latvia were Poland ($X), Belgium ($X) and China ($X), with a combined X% share of total imports. The Netherlands, Germany, Lithuania, Russia, Sweden, the UK, Estonia, the Czech Republic and Hungary lagged somewhat behind, together comprising a further X%.
In terms of the main suppliers, Russia, with a CAGR of X%, saw the highest growth rate of the value of imports, 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 floor, wall or ceiling coverings of plastics amounted to $X per square meter, reducing by X% against the previous year. Over the period under review, the import price, however, posted a prominent increase. The growth pace was the most rapid in 2020 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per square meter in 2022, and then fell remarkably in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the UK ($X per square meter), while the price for Russia ($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 the UK (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 plastic floor, wall and ceiling coverings 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 22231155 - Floor coverings in rolls or in tiles and wall or ceiling coverings consisting of a support impregnated, coated or covered with polyvinyl chloride
- Prodcom 22231159 - Other floor, wall, ceiling... coverings of polymers of vinyl chloride
- Prodcom 22231190 - Floor coverings in rolls or in tiles, and wall or ceiling coverings of plastics (excluding of polymers of vinyl chloride)
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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