Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Latvia - 2023
Contents:
- Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Latvia (CIF) - 2023
- Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Latvia (FOB) - 2022
- Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Latvia
- Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Latvia
Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Latvia (CIF) - 2023
The average import price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses stood at $5,232 per ton in November 2023, waning by -31.9% against the previous month. Over the period under review, the import price continues to indicate a abrupt curtailment. The growth pace was the most rapid in January 2023 when the average import price increased by 184% against the previous month. Over the period under review, average import prices attained the maximum at $41,896 per ton in March 2023; however, from April 2023 to November 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Lithuania ($43,338 per ton), while the price for China ($3,108 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Ukraine (+18.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Latvia (FOB) - 2022
The average export price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses stood at $17,494 per ton in 2022, picking up by 26% against the previous year. Over the period under review, the export price continues to indicate a measured expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 55% against the previous year. The export price peaked at $28,043 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($36,420 per ton), while the average price for exports to Canada ($6,023 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 Lithuania (+5.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Latvia
In 2022, after two years of decline, there was significant growth in overseas purchases of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses, when their volume increased by 65% to 133 tons. In general, imports, however, showed a deep setback.
In value terms, imports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses surged to $1.3M in 2022. Overall, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 311 | 218 | 97.1 | 695 | 30.7% |
| China | 154 | 154 | 210 | 260 | 19.1% |
| Germany | 63.7 | 78.7 | 74.6 | 125 | 25.2% |
| Lithuania | 92.5 | 75.6 | 63.0 | 102 | 3.3% |
| Czech Republic | 6.5 | 7.6 | 13.9 | 34.8 | 74.9% |
| Others | 31.8 | 109 | 152 | 79.7 | 35.8% |
| Total | 660 | 643 | 611 | 1,297 | 25.3% |
Top Suppliers of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles to Latvia in 2022:
- China (64.7 tons)
- Poland (52.0 tons)
- Lithuania (8.5 tons)
- Czech Republic (2.4 tons)
- Germany (2.1 tons)
Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Latvia
In 2022, the amount of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses exported from Latvia contracted sharply to 3.7 tons, with a decrease of -41.8% against 2021 figures. Over the period under review, exports recorded a dramatic decrease. The smallest decline of -4.9% was in 2020.
In value terms, exports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses reduced dramatically to $65K in 2022. Overall, exports faced a sharp decline. The most prominent rate of growth was recorded in 2020 with an increase of 32% against the previous year. As a result, the exports attained the peak of $303K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 171 | 237 | 5.1 | 29.8 | -44.1% |
| Lithuania | 12.7 | 15.0 | 33.1 | 15.6 | 7.1% |
| Estonia | 35.0 | 45.4 | 46.7 | 11.3 | -31.4% |
| Canada | N/A | N/A | 3.1 | 7.3 | 135.5% |
| Others | 11.5 | 5.0 | 0.9 | 1.3 | -51.6% |
| Total | 230 | 303 | 89.1 | 65.3 | -34.3% |
Top Export Markets for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles from Latvia in 2022:
- Canada (1212.0 kg)
- Lithuania (1022.0 kg)
- Russia (819.0 kg)
- Estonia (604.0 kg)
133
This report provides an in-depth analysis of the fireworks market in Latvia.
99
This report provides an in-depth analysis of the pyrotechnic articles market in Latvia.
1327
This report provides an in-depth analysis of the global fireworks market.
476
This report provides an in-depth analysis of the global pyrotechnic articles market.
133
This report provides an in-depth analysis of the fireworks market in Latvia.
99
This report provides an in-depth analysis of the pyrotechnic articles market in Latvia.
1327
This report provides an in-depth analysis of the global fireworks market.
476
This report provides an in-depth analysis of the global pyrotechnic articles market.
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818
In value terms, fireworks, signalling flares, rain rockets exports totaled $X in 2016. Overall, it indicated a prominent increase from 2007 to 2016: the total exports value decreased at an average ...
1047
In value terms, signalling, safety and traffic control equipment imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the ...
1042
In value terms, signalling, safety and traffic control equipment exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; t...
