Horsehair Price in Latvia - 2023

Contents:

  1. Horsehair Price in Latvia (CIF) - 2022
  2. Horsehair Imports in Latvia

Horsehair Price in Latvia (CIF) - 2022

In 2022, the average horsehair import price amounted to $40,476 per ton, leveling off at the previous year. Overall, the import price saw a prominent expansion. The pace of growth appeared the most rapid in 2021 a decrease of 99.9% against the previous year. The import price peaked at $66,610 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($70,914 per ton), while the price for the Netherlands amounted to $10,039 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-3.4%).

Horsehair Imports in Latvia

In 2022, the amount of horsehair imported into Latvia amounted to 932 kg, approximately mirroring the year before. Over the period under review, imports saw a significant expansion. The smallest decline of 99.9% was in 2021. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, horsehair imports stood at $38K in 2022. Overall, imports showed a significant expansion. The smallest decline of 99.9% was in 2021. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Import of Horsehair in Latvia (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Italy0.2N/A33.01184.5%
NetherlandsN/AN/A4.70%
OthersN/AN/AN/A0%
Total0.2N/A37.71273.0%

Top Suppliers of Horsehair to Latvia in 2022:

  1. Netherlands (466.0 kg)
  2. Italy (466.0 kg)

Source: IndexBox Market Intelligence Platform

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