Balls; Inflatable Price in Latvia - 2023

Contents:

  1. Balls; Inflatable Price in Latvia (CIF) - 2023
  2. Balls; Inflatable Price in Latvia (FOB) - 2022
  3. Balls; Inflatable Imports in Latvia
  4. Balls; Inflatable Exports in Latvia

Balls; Inflatable Price in Latvia (CIF) - 2023

The average balls; inflatable import price stood at $11.2 per unit in October 2023, waning by -35.2% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 72% against the previous month. Over the period under review, average import prices reached the maximum at $17.2 per unit in September 2023, and then fell markedly in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was China ($36.6 per unit), while the price for Estonia ($4.3 per unit) was amongst the lowest.

From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Balls; Inflatable Price in Latvia (FOB) - 2022

In 2022, the average balls; inflatable export price amounted to $9.3 per unit, picking up by 12% against the previous year. In general, the export price saw a prominent expansion. The pace of growth was the most pronounced in 2020 an increase of 69%. The export price peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($15 per unit), while the average price for exports to Poland ($2.7 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 the Netherlands (+21.3%), while the prices for the other major destinations experienced more modest paces of growth.

Balls; Inflatable Imports in Latvia

In 2022, supplies from abroad of balls; inflatables was finally on the rise to reach 208K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, faced a drastic downturn. Over the period under review, imports hit record highs at 289K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, balls; inflatable imports surged to $1.7M in 2022. The total import value increased at an average annual rate of +9.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Balls; Inflatable in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia26434232237812.7%
Germany420221206313-9.3%
Poland54.458.011927271.0%
Finland14114221619010.5%
Lithuania203210193174-5.0%
Netherlands4.95.77.3101174.2%
China34.645.825.999.842.3%
Belgium44.638.70.220.3-23.1%
AustriaN/AN/AN/A19.60%
Others91.01101411013.5%
Total1,2571,1741,2311,6689.9%

Top Suppliers of Balls; Inflatable to Latvia in 2022:

  1. Estonia (34.1K units)
  2. China (33.7K units)
  3. Poland (30.9K units)
  4. Germany (23.8K units)
  5. Lithuania (20.5K units)
  6. Netherlands (18.6K units)
  7. Austria (12.4K units)
  8. Belgium (11.2K units)
  9. Finland (8.0K units)

Balls; Inflatable Exports in Latvia

In 2022, approx. 76K units of balls; inflatables were exported from Latvia; jumping by 45% on 2021 figures. Over the period under review, exports continue to indicate a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, balls; inflatable exports skyrocketed to $704K in 2022. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Balls; Inflatable in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia11614318328534.9%
Lithuania19018417528113.9%
Russia3.316.550.598.8210.5%
Belarus50.427.88.315.9-31.9%
Poland0.62.60.49.6152.0%
Georgia4.17.211.94.31.6%
Others0.40.55.49.3185.4%
Total36438143470424.6%

Top Export Markets for Balls; Inflatable from Latvia in 2022:

  1. Estonia (28.0K units)
  2. Lithuania (24.6K units)
  3. Russia (17.1K units)
  4. Poland (3.5K units)
  5. Belarus (1.3K units)
  6. Georgia (0.6K units)

Source: IndexBox Market Intelligence Platform

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