Latvia - Synthetic Filament Tow and Staple Fibers, not Carded or Combed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLatvia: Synthetic Filament Tow Market 2024
Synthetic Filament Tow Market Size in Latvia
In 2022, the Latvian synthetic filament tow market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, the total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Synthetic filament tow consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.
Synthetic Filament Tow Production in Latvia
In value terms, synthetic filament tow production contracted to $X in 2022 estimated in export price. Overall, production, however, showed a moderate expansion. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.
Synthetic Filament Tow Exports
Exports from Latvia
In 2022, after two years of growth, there was significant decline in shipments abroad of synthetic filament tow and staple fibers, not carded or combed, when their volume decreased by X% to X tons. In general, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. The exports peaked at X tons in 2021, and then shrank notably in the following year.
In value terms, synthetic filament tow exports reduced remarkably to $X in 2022. Overall, exports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then shrank sharply in the following year.
Exports by Country
Russia (X tons) was the main destination for synthetic filament tow exports from Latvia, with a X% share of total exports. It was followed by Estonia (X tons), with a X% share of total exports.
From 2012 to 2022, the average annual growth rate of volume to Russia amounted to X%.
In value terms, Russia ($X) remains the key foreign market for synthetic filament tow and staple fibers, not carded or combed 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.
From 2012 to 2022, the average annual rate of growth in terms of value to Russia totaled X%.
Export Prices by Country
In 2022, the average synthetic filament tow export price amounted to $X per ton, with a decrease of X% against the previous year. In general, the export price showed a noticeable setback. The growth pace was the most rapid in 2017 an increase of X% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($X per ton), while the average price for exports to Russia stood at $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (X%).
Synthetic Filament Tow Imports
Imports into Latvia
In 2022, overseas purchases of synthetic filament tow and staple fibers, not carded or combed increased by X% to X tons, rising for the third consecutive year after three years of decline. Overall, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.
In value terms, synthetic filament tow imports skyrocketed to $X in 2022. In general, imports posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of X%. Imports peaked in 2022 and are likely to see steady growth in the near future.
Imports by Country
China (X tons), Turkey (X tons) and Poland (X tons) were the main suppliers of synthetic filament tow imports to Latvia, together accounting for X% of total imports.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.
In value terms, China ($X), Turkey ($X) and Germany ($X) were the largest synthetic filament tow suppliers to Latvia, with a combined X% share of total imports.
Turkey, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average synthetic filament tow import price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the import price, however, saw a abrupt setback. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced a decline.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the synthetic filament tow 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 20601110 - Aramids staple, not carded, combed or otherwise processed for spinning
- Prodcom 20601120 - Other polyamide tow and staple, not carded, combed or otherwise processed for spinning
- Prodcom 20601130 - Polyester tow and staple, not carded, combed or otherwise processed for spinning
- Prodcom 20601140 - Acrylic tow and staple, not carded, combed or otherwise processed for spinning
- Prodcom 20601150 - Polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning
- Prodcom 20601190 - Other synthetic tow and staple not carded, combed or otherwise processed for spinning
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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