Price for Handkerchiefs (Not Knitted or Crocheted) in Latvia - 2023

Contents:

  1. Price for Handkerchiefs (Not Knitted or Crocheted) in Latvia (CIF) - 2022
  2. Price for Handkerchiefs (Not Knitted or Crocheted) in Latvia (FOB) - 2022
  3. Imports of Handkerchiefs (Not Knitted or Crocheted) in Latvia
  4. Exports of Handkerchiefs (Not Knitted or Crocheted) in Latvia

Price for Handkerchiefs (Not Knitted or Crocheted) in Latvia (CIF) - 2022

The average import price for handkerchiefs (not knitted or crocheted)s stood at $13 per unit in 2022, reducing by -30.2% against the previous year. In general, the import price showed a abrupt contraction. The most prominent rate of growth was recorded in 2013 an increase of 73%. As a result, import price reached the peak level of $62 per unit. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($48 per unit), while the price for China ($2.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+20.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Handkerchiefs (Not Knitted or Crocheted) in Latvia (FOB) - 2022

In 2022, the average export price for handkerchiefs (not knitted or crocheted)s amounted to $9.8 per unit, rising by 34% against the previous year. Overall, the export price, however, continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2014 an increase of 56%. Over the period under review, the average export prices reached the maximum at $74 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($43 per unit), while the average price for exports to Finland ($1.1 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 Estonia (+1.6%), while the prices for the other major destinations experienced a decline.

Imports of Handkerchiefs (Not Knitted or Crocheted) in Latvia

In 2022, approx. 1.9K units of handkerchiefs (not knitted or crocheted)s were imported into Latvia; increasing by 36% on 2021. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 78%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, handkerchiefs (not knitted or crocheted) imports declined to $26K in 2022. Overall, imports, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 1.5%. As a result, imports attained the peak of $35K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Handkerchiefs (Not Knitted or Crocheted) in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6.512.99.07.54.9%
Estonia6.44.13.63.4-19.0%
Finland4.34.81.63.1-10.3%
RussiaN/AN/AN/A2.90%
Spain3.11.65.12.3-9.5%
China1.11.00.50.8-10.1%
Belarus0.40.70.60.40.0%
Denmark2.91.30.10.1-67.5%
FranceN/AN/A1.0N/A0%
Others9.98.85.85.4-18.3%
Total34.535.027.425.9-9.1%

Top Suppliers of Handkerchiefs (Not Knitted or Crocheted) to Latvia in 2022:

  1. Estonia (653.0 units)
  2. Germany (430.0 units)
  3. China (312.0 units)
  4. Russia (203.0 units)
  5. Finland (128.0 units)
  6. Spain (63.0 units)
  7. Belarus (37.0 units)
  8. Denmark (18.0 units)

Exports of Handkerchiefs (Not Knitted or Crocheted) in Latvia

In 2022, exports of handkerchiefs (not knitted or crocheted)s from Latvia skyrocketed to 1.9K units, with an increase of 27% compared with 2021. Over the period under review, exports recorded a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 1,977%. As a result, the exports attained the peak of 2.1K units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, handkerchiefs (not knitted or crocheted) exports soared to $19K in 2022. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 443%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Export of Handkerchiefs (Not Knitted or Crocheted) in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia0.810.99.817.3178.6%
Lithuania1.21.50.20.3-37.0%
SpainN/A0.1N/A0.241.4%
Finland0.10.10.10.10.0%
United KingdomN/A0.1N/AN/A0%
DenmarkN/A2.81.1N/A-60.7%
Others1.11.70.11.0-3.1%
Total3.116.911.219.083.0%

Top Export Markets for Handkerchiefs (Not Knitted or Crocheted) from Latvia in 2022:

  1. Russia (1775.0 units)
  2. Finland (67.0 units)
  3. Lithuania (41.0 units)
  4. Spain (32.0 units)

Source: IndexBox Market Intelligence Platform

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