Price for Engravings, Prints and Lithographs; Original in Latvia - 2023

Contents:

1. Price for Engravings, Prints and Lithographs; Original in Latvia (FOB) - 2022
2. Price for Engravings, Prints and Lithographs; Original in Latvia (CIF) - 2022
3. Exports of Engravings, Prints and Lithographs; Original in Latvia
4. Imports of Engravings, Prints and Lithographs; Original in Latvia

Price for Engravings, Prints and Lithographs; Original in Latvia (FOB) - 2022

The average export price for engravings, prints and lithographs; originals stood at $23 per unit in 2022, declining by -80.2% against the previous year. In general, the export price continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2017 an increase of 1,121%. As a result, the export price reached the peak level of $1,171 per unit. From 2018 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Norway.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +19.3% per year.

Price for Engravings, Prints and Lithographs; Original in Latvia (CIF) - 2022

The average import price for engravings, prints and lithographs; originals stood at $48 per unit in 2022, surging by 44% against the previous year. Overall, the import price saw slight growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by 396%. As a result, import price reached the peak level of $70 per unit. From 2016 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($241 per unit), while the price for Poland ($25 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+20.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Engravings, Prints and Lithographs; Original in Latvia

Engravings, prints and lithographs; original exports from Latvia fell significantly to 1.3K units in 2022, with a decrease of -40.1% on the previous year's figure. In general, exports, however, continue to indicate buoyant growth. The growth pace was the most rapid in 2021 when exports increased by 240% against the previous year. As a result, the exports reached the peak of 2.1K units, and then reduced rapidly in the following year.

In value terms, engravings, prints and lithographs; original exports declined markedly to $29K in 2022. Overall, exports saw a sharp slump. The pace of growth appeared the most rapid in 2021 with an increase of 301%. As a result, the exports reached the peak of $247K, and then shrank rapidly in the following year.

Top Export Markets for Engravings, Prints and Lithographs; Original from Latvia in 2022:

1. Norway (1268.0 units)

Imports of Engravings, Prints and Lithographs; Original in Latvia

In 2022, overseas purchases of engravings, prints and lithographs; originals decreased by -86.2% to 276 units for the first time since 2018, thus ending a three-year rising trend. In general, imports saw a sharp setback. The pace of growth appeared the most rapid in 2021 when imports increased by 26% against the previous year. As a result, imports attained the peak of 2K units, and then fell significantly in the following year.

In value terms, engravings, prints and lithographs; original imports fell dramatically to $13K in 2022. Overall, imports recorded a abrupt slump. The pace of growth was the most pronounced in 2020 when imports increased by 170%. Over the period under review, imports attained the peak figure at $67K in 2021, and then shrank sharply in the following year.

Top Suppliers of Engravings, Prints and Lithographs; Original to Latvia in 2022:

1. Poland (212.0 units)
2. United States (54.0 units)
3. United Kingdom (10.0 units)

Source: IndexBox Market Intelligence Platform