Latvia - Wadding - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWadding Price in Latvia - 2023
Contents:
- Wadding Price in Latvia (FOB) - 2023
- Wadding Price in Latvia (CIF) - 2023
- Wadding Exports in Latvia
- Wadding Imports in Latvia
Wadding Price in Latvia (FOB) - 2023
In October 2023, the average wadding export price amounted to $7,364 per ton, increasing by 6.4% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in June 2023 an increase of 17% m-o-m. Over the period under review, the average export prices attained the peak figure at $7,736 per ton in July 2023; however, from August 2023 to October 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was Greece ($8,759 per ton), while the average price for exports to Poland ($3,664 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.
Wadding Price in Latvia (CIF) - 2023
The average wadding import price stood at $3,887 per ton in October 2023, shrinking by -22.1% against the previous month. Overall, the import price recorded a deep reduction. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 48% m-o-m. The import price peaked at $9,782 per ton in October 2022; however, from November 2022 to October 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($10,313 per ton), while the price for Lithuania ($1,415 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Italy (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Wadding Exports in Latvia
For the third year in a row, Latvia recorded decline in shipments abroad of wadding, which decreased by -18.7% to 1.2K tons in 2022. Over the period under review, exports showed a deep slump. The smallest decline of -16.4% was in 2020.
In value terms, wadding exports shrank significantly to $6.7M in 2022. In general, exports showed a deep contraction. The smallest decline of -2.4% was in 2020.
Export of Wadding in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ukraine | 3,048 | 2,808 | 2,987 | 2,494 | -6.5% |
Poland | 682 | 167 | 349 | 825 | 6.6% |
Lithuania | 1,180 | 862 | 790 | 802 | -12.1% |
Russia | 1,726 | 4,084 | 2,644 | 536 | -32.3% |
Greece | N/A | 59.9 | 371 | 534 | 198.6% |
Estonia | 386 | 431 | 460 | 517 | 10.2% |
United Kingdom | 1,429 | 1,271 | 412 | 300 | -40.6% |
Slovakia | 429 | 329 | 239 | 167 | -27.0% |
France | 771 | 76.8 | 51.0 | N/A | -74.3% |
Netherlands | 381 | N/A | N/A | N/A | 0% |
Others | 545 | 238 | 122 | 484 | -3.9% |
Total | 10,577 | 10,326 | 8,425 | 6,659 | -14.3% |
Top Export Markets for Wadding from Latvia in 2022:
- Ukraine (409.2 tons)
- Poland (206.4 tons)
- Lithuania (185.1 tons)
- Estonia (86.1 tons)
- Greece (84.3 tons)
- Russia (78.4 tons)
- United Kingdom (51.4 tons)
- Slovakia (29.6 tons)
Wadding Imports in Latvia
In 2022, supplies from abroad of wadding decreased by -10.7% to 589 tons, falling for the second consecutive year after two years of growth. Over the period under review, total imports indicated a perceptible increase from 2019 to 2022: its volume increased at an average annual rate of +3.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -25.6% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 50%. As a result, imports attained the peak of 791 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, wadding imports reduced to $3.2M in 2022. The total import value increased at an average annual rate of +4.2% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 21% against the previous year.
Import of Wadding in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 1,223 | 1,178 | 721 | 880 | -10.4% |
Germany | 368 | 442 | 811 | 869 | 33.2% |
Estonia | 69.1 | 504 | 432 | 440 | 85.3% |
Uzbekistan | N/A | 228 | 349 | 287 | 12.2% |
Sweden | 103 | 60.0 | 174 | 169 | 17.9% |
Italy | 28.6 | 315 | 69.3 | 97.7 | 50.6% |
Russia | 392 | 249 | 264 | 43.6 | -51.9% |
Czech Republic | 14.1 | 25.8 | 8.1 | 28.0 | 25.7% |
Netherlands | 252 | 91.1 | 7.2 | 17.8 | -58.7% |
Others | 366 | 301 | 664 | 353 | -1.2% |
Total | 2,815 | 3,395 | 3,499 | 3,185 | 4.2% |
Top Suppliers of Wadding to Latvia in 2022:
- Poland (177.4 tons)
- Uzbekistan (119.0 tons)
- Germany (115.3 tons)
- Estonia (82.8 tons)
- Sweden (20.3 tons)
- Czech Republic (15.5 tons)
- Italy (13.7 tons)
- Russia (9.5 tons)
- Netherlands (2.0 tons)
This report provides an in-depth analysis of the wadding market 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 17221240 - Wadding, other articles of wadding
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
-
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
This report provides an in-depth analysis of the wadding market in Latvia.
This report provides an in-depth analysis of the textile wadding market in Latvia.
This report provides an in-depth analysis of the textile flock market in Latvia.
This report provides an in-depth analysis of the global wadding market.
This report provides an in-depth analysis of the global textile wadding market.
This report provides an in-depth analysis of the global textile flock market.
This report provides an in-depth analysis of the wadding market in Latvia.
This report provides an in-depth analysis of the textile wadding market in Latvia.
This report provides an in-depth analysis of the textile flock market in Latvia.
This report provides an in-depth analysis of the global wadding market.
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In 2016, the amount of wadding of textile imported worldwide stood at X tons, coming down by -X% against the previous year level. In general, wadding of textile imports continue to indicate a s...
In 2016, the amount of wadding of textile imported worldwide stood at X tons, coming down by -X% against the previous year level. In general, wadding of textile imports continue to indicate a s...
In value terms, friction material and articles thereof imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the tre...
In value terms, friction material and articles thereof exports stood at $X in 2016. Overall, friction material and articles thereof exports continue to indicate a relatively flat trend pattern. Ove...
In 2016, the amount of wadding of textile imported worldwide stood at X tons, coming down by -X% against the previous year level. In general, wadding of textile imports continue to indicate a s...
In 2016, the amount of wadding of textile imported worldwide stood at X tons, coming down by -X% against the previous year level. In general, wadding of textile imports continue to indicate a s...