Latvia - Lip Make-Up Preparations - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLip Make-Up Preparations Price in Latvia - 2023
Contents:
- Lip Make-Up Preparations Price in Latvia (FOB) - 2023
- Lip Make-Up Preparations Price in Latvia (CIF) - 2022
- Lip Make-Up Preparations Exports in Latvia
- Lip Make-Up Preparations Imports in Latvia
Lip Make-Up Preparations Price in Latvia (FOB) - 2023
In September 2023, the average lip make-up preparations export price amounted to $107K per ton, therefore, remained relatively stable against the previous month. In general, export price indicated a perceptible increase from September 2022 to September 2023: its price increased at an average monthly rate of +3.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, lip make-up preparations export price increased by +17.1% against April 2023 indices. The growth pace was the most rapid in January 2023 when the average export price increased by 80% month-to-month. Over the period under review, the average export prices reached the peak figure at $107K per ton in August 2023, and then shrank modestly in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was the Czech Republic ($323K per ton), while the average price for exports to Italy ($42,451 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+19.2%), while the prices for the other major destinations experienced more modest paces of growth.
Lip Make-Up Preparations Price in Latvia (CIF) - 2022
The average lip make-up preparations import price stood at $45,597 per ton in 2022, shrinking by -12.9% against the previous year. Overall, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lip make-up preparations import price increased by +81.2% against 2018 indices. The pace of growth was the most pronounced in 2019 an increase of 36% against the previous year. Over the period under review, average import prices reached the peak figure at $52,374 per ton in 2021, and then declined in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($172,110 per ton), while the price for the United Arab Emirates ($4,987 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Lip Make-Up Preparations Exports in Latvia
In 2022, after three years of growth, there was significant decline in overseas shipments of lip make-up preparations, when their volume decreased by -9.3% to 174 tons. The total export volume increased at an average annual rate of +5.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 14% against the previous year.
In value terms, lip make-up preparations exports fell remarkably to $16M in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +9.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 34% against the previous year. As a result, the exports attained the peak of $21M, and then reduced remarkably in the following year.
| Export of Lip Make-Up Preparations in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 8.5 | 11.0 | 16.0 | 11.6 | 10.9% |
| Russia | 1.0 | 1.6 | 2.1 | 1.3 | 9.1% |
| Lithuania | 1.2 | 1.0 | 1.0 | 0.9 | -9.1% |
| Poland | 0.3 | 0.9 | 0.9 | 0.6 | 26.0% |
| Estonia | 0.2 | 0.4 | 0.4 | 0.5 | 35.7% |
| Others | 0.7 | 0.9 | 0.6 | 0.8 | 4.6% |
| Total | 12.0 | 15.7 | 21.1 | 15.5 | 8.9% |
Top Export Markets for Lip Make-Up Preparations from Latvia in 2022:
- Czech Republic (102.1 tons)
- Russia (32.0 tons)
- Lithuania (12.9 tons)
- Poland (10.5 tons)
- Estonia (6.7 tons)
Lip Make-Up Preparations Imports in Latvia
In 2022, supplies from abroad of lip make-up preparations was finally on the rise to reach 117 tons after two years of decline. In general, imports, however, saw a relatively flat trend pattern.
In value terms, lip make-up preparations imports soared to $5.3M in 2022. The total import value increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Lip Make-Up Preparations in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 808 | 765 | 1,443 | 1,418 | 20.6% |
| Poland | 965 | 828 | 814 | 1,387 | 12.9% |
| Lithuania | 405 | 489 | 438 | 519 | 8.6% |
| Spain | 141 | 431 | 450 | 489 | 51.4% |
| Russia | 488 | 518 | 373 | 268 | -18.1% |
| Netherlands | 144 | 137 | 81.8 | 187 | 9.1% |
| China | 130 | 49.2 | 59.8 | 77.5 | -15.8% |
| United Arab Emirates | 57.6 | 0.2 | 0.6 | 46.6 | -6.8% |
| India | 190 | 15.4 | 0.2 | N/A | -96.8% |
| Others | 706 | 1,028 | 756 | 931 | 9.7% |
| Total | 4,034 | 4,260 | 4,416 | 5,322 | 9.7% |
Top Suppliers of Lip Make-Up Preparations to Latvia in 2022:
- Poland (33.8 tons)
- Germany (30.5 tons)
- United Arab Emirates (9.4 tons)
- Lithuania (9.1 tons)
- Spain (8.6 tons)
- Russia (6.0 tons)
- Netherlands (3.5 tons)
- China (1.8 tons)
This report provides an in-depth analysis of the lip make-up preparations 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 20421250 - Lip make-up preparations
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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