Latvia - Fibreboard - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFibreboard Price in Latvia - 2023
Contents:
- Fibreboard Price in Latvia (CIF) - 2022
- Fibreboard Price in Latvia (FOB) - 2022
- Fibreboard Imports in Latvia
- Fibreboard Exports in Latvia
Fibreboard Price in Latvia (CIF) - 2022
In 2022, the average fibreboard import price amounted to $627 per cubic meter, surging by 9.3% against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. The pace of growth was the most pronounced in 2018 when the average import price increased by 22% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($1,006 per cubic meter), while the price for Estonia ($350 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Fibreboard Price in Latvia (FOB) - 2022
In 2022, the average fibreboard export price amounted to $579 per cubic meter, jumping by 19% against the previous year. Overall, the export price, however, recorded a abrupt contraction. The export price peaked at $974 per cubic meter in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($1,119 per cubic meter), while the average price for exports to the UK ($468 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+25.2%), while the prices for the other major destinations experienced more modest paces of growth.
Fibreboard Imports in Latvia
In 2022, purchases abroad of fibreboard decreased by -3.6% to 59K cubic meters for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +14.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 27%. As a result, imports attained the peak of 61K cubic meters, and then dropped in the following year.
In value terms, fibreboard imports expanded remarkably to $37M in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 47%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.
| Import of Fibreboard in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 10.2 | 11.4 | 13.0 | 13.9 | 10.9% |
| Germany | 2.6 | 2.3 | 3.6 | 6.0 | 32.1% |
| Belarus | 1.6 | 2.7 | 6.5 | 5.3 | 49.1% |
| Lithuania | 1.9 | 2.9 | 5.1 | 4.7 | 35.2% |
| Belgium | 0.5 | 0.6 | 0.8 | 1.3 | 37.5% |
| Estonia | 1.4 | 0.8 | 0.9 | 1.2 | -5.0% |
| Slovenia | 0.5 | 0.7 | 0.7 | 0.9 | 21.6% |
| Russia | 0.7 | 0.9 | 1.1 | 0.4 | -17.0% |
| Others | 1.6 | 1.6 | 3.2 | 3.1 | 24.7% |
| Total | 21.0 | 23.8 | 35.0 | 36.8 | 20.6% |
Top Suppliers of Fibreboard to Latvia in 2022:
- Poland (19.3K cubic meters)
- Belarus (13.3K cubic meters)
- Lithuania (9.2K cubic meters)
- Germany (7.2K cubic meters)
- Estonia (3.4K cubic meters)
- Slovenia (1.3K cubic meters)
- Belgium (1.3K cubic meters)
- Russia (0.8K cubic meters)
Fibreboard Exports in Latvia
In 2022, after three years of growth, there was decline in shipments abroad of fibreboard, when their volume decreased by -3.4% to 50K cubic meters. Overall, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 159% against the previous year. As a result, the exports reached the peak of 52K cubic meters, and then dropped modestly in the following year.
In value terms, fibreboard exports rose sharply to $29M in 2022. In general, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 186% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Fibreboard in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | 13.1 | 12.6 | -3.8% |
| Spain | N/A | N/A | 2.1 | 5.8 | 176.2% |
| Lithuania | 2.6 | 3.0 | 2.5 | 3.7 | 12.5% |
| South Africa | 1.6 | 1.2 | 0.8 | 2.8 | 20.5% |
| Estonia | 0.9 | 1.5 | 1.7 | 2.2 | 34.7% |
| Mexico | 0.4 | 0.3 | 0.1 | N/A | -50.0% |
| Portugal | N/A | N/A | 2.4 | N/A | 0% |
| Others | 0.7 | 2.8 | 2.7 | 2.1 | 44.2% |
| Total | 6.4 | 8.9 | 25.4 | 29.1 | 65.7% |
Top Export Markets for Fibreboard from Latvia in 2022:
- Portugal (undefinedK cubic meters)
- United Kingdom (26.8K cubic meters)
- Spain (9.9K cubic meters)
- South Africa (5.5K cubic meters)
- Lithuania (4.2K cubic meters)
- Estonia (2.2K cubic meters)
This report provides an in-depth analysis of the fibreboard 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:
- FCL 1647 - Hardboard
- FCL 1648 - MDF/HDF
- FCL 1650 - Other fibreboard
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
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