Price for Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Latvia - 2023

Contents:

  1. Price for Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Latvia (CIF) - 2022
  2. Price for Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Latvia (FOB) - 2022
  3. Imports of Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Latvia
  4. Exports of Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Latvia

Price for Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Latvia (CIF) - 2022

The average import price for table linen; of man-made fibres, not knitted or crocheteds stood at $8,440 per ton in 2022, waning by -9.3% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 22% against the previous year. As a result, import price attained the peak level of $11,689 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($11,024 per ton), while the price for Russia ($3,920 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Latvia (FOB) - 2022

The average export price for table linen; of man-made fibres, not knitted or crocheteds stood at $9,724 per ton in 2022, increasing by 7.5% against the previous year. Over the period under review, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for table linen; of man-made fibres, not knitted or crocheteds increased by +8.8% against 2020 indices. The growth pace was the most rapid in 2013 an increase of 77%. The export price peaked at $14,838 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($13,773 per ton), while the average price for exports to Turkey ($3,486 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+2.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Latvia

Imports of table linen; of man-made fibres, not knitted or crocheteds into Latvia amounted to 57 tons in 2022, with an increase of 12% against the year before. The total import volume increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 14% against the previous year. As a result, imports reached the peak of 61 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of table linen; of man-made fibres, not knitted or crocheteds expanded modestly to $483K in 2022. The total import value increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 25% against the previous year. As a result, imports reached the peak of $527K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland34.092.910219579.0%
Lithuania203163147136-12.5%
China10313539.746.2-23.5%
Germany37.957.366.843.04.3%
Netherlands1.92.92.216.7106.4%
Russia0.10.10.410.3368.8%
PortugalN/A42.92.2N/A-94.9%
Others43.732.811435.6-6.6%
Total4235274754834.5%

Top Suppliers of Table Linen; of Man-Made Fibres, Not Knitted or Crocheted to Latvia in 2022:

  1. Poland (27.0 tons)
  2. Lithuania (13.6 tons)
  3. Germany (5.0 tons)
  4. China (5.0 tons)
  5. Russia (2.6 tons)
  6. Netherlands (1.5 tons)

Exports of Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Latvia

Exports of table linen; of man-made fibres, not knitted or crocheteds from Latvia surged to 13 tons in 2022, rising by 20% on 2021. Over the period under review, exports, however, saw a pronounced decline. The growth pace was the most rapid in 2020 when exports increased by 28% against the previous year. As a result, the exports reached the peak of 18 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of table linen; of man-made fibres, not knitted or crocheteds skyrocketed to $128K in 2022. Overall, exports, however, continue to indicate a noticeable shrinkage.

Export of Table Linen; of Man-Made Fibres, Not Knitted or Crocheted in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia66.557.031.150.6-8.7%
Lithuania57.167.640.846.3-6.8%
BelgiumN/AN/AN/A27.60%
TurkeyN/AN/AN/A1.30%
Belarus11.63.30.70.3-70.4%
Russia0.227.924.8N/A1013.6%
Others1.96.51.82.36.6%
Total13716299.2128-2.2%

Top Export Markets for Table Linen; of Man-Made Fibres, Not Knitted or Crocheted from Latvia in 2022:

  1. Estonia (5.8 tons)
  2. Lithuania (5.0 tons)
  3. Belgium (2.0 tons)
  4. Turkey (0.4 tons)

Source: IndexBox Market Intelligence Platform

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