Report Update: May 1, 2024

Latvia - Non-Cellular Polystyrene Films, Sheets, Foil and Strip - Market Analysis, Forecast, Size, Trends and Insights

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Non-Cellular Polystyrene Film Price in Latvia - 2023

Non-Cellular Polystyrene Film Price in Latvia (CIF) - 2023

In September 2023, the average non-cellular polystyrene film import price amounted to $5,409 per ton, shrinking by -6.7% against the previous month. Overall, the import price saw a slight shrinkage. The growth pace was the most rapid in April 2023 an increase of 39% month-to-month. As a result, import price reached the peak level of $6,681 per ton. From May 2023 to September 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($8,712 per ton), while the price for Lithuania ($4,310 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Slovenia (+30.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Non-Cellular Polystyrene Film Price in Latvia (FOB) - 2022

The average non-cellular polystyrene film export price stood at $8,281 per ton in 2022, shrinking by -8.9% against the previous year. In general, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-cellular polystyrene film export price decreased by -4.5% against 2018 indices. The pace of growth was the most pronounced in 2018 when the average export price increased by 34%. Over the period under review, the average export prices hit record highs at $9,092 per ton in 2021, and then contracted in the following year.

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 Estonia ($9,355 per ton), while the average price for exports to Malta ($4,473 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+16.9%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Cellular Polystyrene Film Imports in Latvia

After three years of growth, supplies from abroad of non-cellular polystyrene films, sheets, foil and strip decreased by -7.4% to 486 tons in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +19.2% 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 +69.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 40% against the previous year. As a result, imports reached the peak of 525 tons, and then dropped in the following year.

In value terms, non-cellular polystyrene film imports amounted to $2.6M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 54% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Non-Cellular Polystyrene Film in Latvia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	34.8	608	879	929	198.9%
Czech Republic	56.6	95.5	104	599	119.6%
Lithuania	345	342	565	542	16.3%
Germany	303	355	518	219	-10.3%
China	10.6	18.1	56.5	53.0	71.0%
Austria	271	60.3	154	50.9	-42.7%
Ireland	15.7	N/A	31.1	30.7	25.0%
Romania	324	40.4	N/A	N/A	-87.5%
Others	142	149	258	178	7.8%
Total	1,503	1,669	2,566	2,602	20.1%

Top Suppliers of Non-Cellular Polystyrene Film to Latvia in 2022:

Poland (143.7 tons)
Lithuania (119.0 tons)
Czech Republic (105.2 tons)
Germany (40.1 tons)
China (21.7 tons)
Ireland (11.4 tons)
Austria (9.2 tons)

Non-Cellular Polystyrene Film Exports in Latvia

In 2022, the amount of non-cellular polystyrene films, sheets, foil and strip exported from Latvia shrank to 46 tons, falling by -5.2% against the year before. The total export volume increased at an average annual rate of +2.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 41% against the previous year. As a result, the exports attained the peak of 48 tons, and then declined in the following year.

In value terms, non-cellular polystyrene film exports contracted to $377K in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +6.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +41.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 63%. As a result, the exports attained the peak of $437K, and then declined in the following year.

Export of Non-Cellular Polystyrene Film in Latvia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Estonia	128	184	281	219	19.6%
Lithuania	135	63.9	96.1	73.2	-18.5%
Russia	0.9	9.9	29.0	52.9	288.8%
Sweden	0.5	0.2	23.1	9.4	165.9%
Malta	N/A	N/A	N/A	8.9	0%
Poland	0.1	N/A	N/A	5.6	282.6%
Austria	40.1	N/A	N/A	N/A	0%
Others	5.0	9.3	7.5	7.9	16.5%
Total	309	267	437	377	6.9%

Top Export Markets for Non-Cellular Polystyrene Film from Latvia in 2022:

Estonia (23.4 tons)
Lithuania (9.4 tons)
Russia (6.9 tons)
Malta (2.0 tons)
Sweden (1.8 tons)
Poland (1.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the non-cellular polystyrene film 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 22213030 - Other plates..., of polymers of styrene, not reinforced, etc.

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

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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
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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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023