Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Latvia - 2023

Contents:

  1. Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Latvia (CIF) - 2022
  2. Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Latvia (FOB) - 2022
  3. Imports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Latvia
  4. Exports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Latvia

Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Latvia (CIF) - 2022

In 2022, the average import price for tents of textile materials other than cotton or synthetic fibreses amounted to $11,066 per ton, reducing by -38.7% against the previous year. Over the period under review, the import price continues to indicate a mild contraction. The pace of growth appeared the most rapid in 2017 an increase of 339%. Over the period under review, average import prices reached the maximum at $27,064 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($35,273 per ton), while the price for China ($7,091 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Latvia (FOB) - 2022

The average export price for tents of textile materials other than cotton or synthetic fibreses stood at $14,208 per ton in 2022, with an increase of 169% against the previous year. Over the period under review, the export price, however, saw a abrupt setback. The export price peaked at $34,121 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($33,500 per ton), while the average price for exports to Estonia ($8,214 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 (-0.1%), while the prices for the other major destinations experienced a decline.

Imports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Latvia

In 2022, imports of tents of textile materials other than cotton or synthetic fibreses into Latvia contracted sharply to 15 tons, waning by -49.9% compared with the year before. Overall, imports showed a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. As a result, imports attained the peak of 30 tons, and then shrank significantly in the following year.

In value terms, imports of tents of textile materials other than cotton or synthetic fibreses reduced dramatically to $168K in 2022. Over the period under review, imports recorded a precipitous decrease. The smallest decline of -5.7% was in 2021.

Import of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China20.528.128.250.034.6%
Lithuania30.821.320645.814.1%
SwedenN/AN/AN/A42.40%
Estonia21.414.231.310.8-20.4%
Finland5375002718.0-75.4%
Switzerland4.1N/AN/AN/A0%
Others14.616.510.911.0-9.0%
Total629581547168-35.6%

Top Suppliers of Tents of Textile Materials Other than Cotton or Synthetic Fibres to Latvia in 2022:

  1. China (7.0 tons)
  2. Lithuania (3.5 tons)
  3. Sweden (3.0 tons)
  4. Estonia (0.6 tons)
  5. Finland (0.3 tons)

Exports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Latvia

In 2022, after three years of growth, there was significant decline in overseas shipments of tents of textile materials other than cotton or synthetic fibreses, when their volume decreased by -99.9% to 259 kg. Over the period under review, exports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 9,073% against the previous year.

In value terms, exports of tents of textile materials other than cotton or synthetic fibreses contracted markedly to $3.7K in 2022. In general, exports saw a mild reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 3,126% against the previous year.

Export of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KazakhstanN/AN/AN/A2.70%
Lithuania1.01.90.20.6-15.7%
ItalyN/AN/AN/A0.20%
Estonia0.30.90.40.2-12.6%
Burkina FasoN/A96.51,064N/A1002.6%
UgandaN/AN/A65.4N/A0%
CanadaN/AN/A252N/A0%
Others2.424.05.3N/A48.6%
Total3.81231,3873.7-0.9%

Top Export Markets for Tents of Textile Materials Other than Cotton or Synthetic Fibres from Latvia in 2022:

  1. Kazakhstan (189.0 kg)
  2. Lithuania (36.0 kg)
  3. Estonia (28.0 kg)
  4. Italy (6.0 kg)

Source: IndexBox Market Intelligence Platform

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