Photographic Paper Price in Latvia - 2023
Contents:
- Photographic Paper Price in Latvia (CIF) - 2023
- Photographic Paper Price in Latvia (FOB) - 2022
- Photographic Paper Imports in Latvia
- Photographic Paper Exports in Latvia
Photographic Paper Price in Latvia (CIF) - 2023
In September 2023, the average photographic paper import price amounted to $4.4 per square meter, increasing by 193% against the previous month. Overall, the import price continues to indicate a resilient increase. Over the period under review, average import prices attained the maximum at $5.0 per square meter in June 2023; however, from July 2023 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Lithuania ($12.1 per square meter), while the price for Belgium ($3.3 per square meter) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Cyprus (+22.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Photographic Paper Price in Latvia (FOB) - 2022
In 2022, the average photographic paper export price amounted to $42 per square meter, growing by 123% against the previous year. Overall, the export price posted prominent growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($56 per square meter), while the average price for exports to Finland ($13 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+30.0%), while the prices for the other major destinations experienced more modest paces of growth.
Photographic Paper Imports in Latvia
In 2022, overseas purchases of photographic paper, paperboard and textiles were finally on the rise to reach 42K square meters for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a abrupt slump. Imports peaked at 64K square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, photographic paper imports skyrocketed to $827K in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +10.8% 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 +79.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Photographic Paper in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 243 | 169 | 207 | 233 | -1.4% |
| Lithuania | 160 | 139 | 146 | 227 | 12.4% |
| Cyprus | N/A | N/A | N/A | 151 | 0% |
| Germany | 154 | 126 | 109 | 139 | -3.4% |
| Estonia | 1.7 | 2.7 | 20.4 | 31.5 | 164.6% |
| Others | 49.5 | 24.8 | 28.0 | 45.2 | -3.0% |
| Total | 608 | 462 | 510 | 827 | 10.8% |
Top Suppliers of Photographic Paper to Latvia in 2022:
- Belgium (17.3K square meters)
- Germany (8.2K square meters)
- Lithuania (7.8K square meters)
- Cyprus (6.6K square meters)
- Estonia (1.1K square meters)
Photographic Paper Exports in Latvia
In 2022, after two years of decline, there was significant growth in shipments abroad of photographic paper, paperboard and textiles, when their volume increased by 130% to 4.4K square meters. In general, exports, however, recorded a precipitous shrinkage. Over the period under review, the exports attained the maximum at 15K square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, photographic paper exports soared to $185K in 2022. Overall, exports enjoyed a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Photographic Paper in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | N/A | N/A | N/A | 151 | 0% |
| Estonia | 31.4 | 33.1 | 25.5 | 18.1 | -16.8% |
| Lithuania | 29.9 | 19.3 | 9.7 | 14.5 | -21.4% |
| Finland | 6.3 | 1.6 | 0.3 | 0.4 | -60.1% |
| Germany | 7.3 | N/A | N/A | 0.2 | -69.9% |
| Russia | 16.8 | N/A | N/A | N/A | 0% |
| Malta | 16.8 | N/A | N/A | N/A | 0% |
| Others | 2.6 | 0.1 | 0.5 | 0.5 | -42.3% |
| Total | 111 | 54.2 | 36.1 | 185 | 18.6% |
Top Export Markets for Photographic Paper from Latvia in 2022:
- Belarus (2715.0 square meters)
- Estonia (885.0 square meters)
- Lithuania (779.0 square meters)
- Finland (28.0 square meters)
- Germany (23.0 square meters)
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