Price for Iron or Steel Window and Door in Latvia - 2023
Contents:
- Price for Iron or Steel Window and Door in Latvia (FOB) - 2023
- Price for Iron or Steel Window and Door in Latvia (CIF) - 2023
- Exports of Iron or Steel Window and Door in Latvia
- Imports of Iron or Steel Window and Door in Latvia
Price for Iron or Steel Window and Door in Latvia (FOB) - 2023
The average export price for iron or steel doors, thresholds for doors and windows stood at $202 per unit in July 2023, declining by -25% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 42% month-to-month. As a result, the export price reached the peak level of $335 per unit. From March 2023 to July 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Norway ($513 per unit), while the average price for exports to Turkey ($100 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Iron or Steel Window and Door in Latvia (CIF) - 2023
In July 2023, the average import price for iron or steel doors, thresholds for doors and windows amounted to $142 per unit, with a decrease of -9.5% against the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 27% month-to-month. As a result, import price attained the peak level of $228 per unit. From March 2023 to July 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Poland ($553 per unit), while the price for Ukraine ($115 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Estonia (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Iron or Steel Window and Door in Latvia
In 2022, the amount of iron or steel doors, thresholds for doors and windows exported from Latvia plummeted to 75K units, shrinking by -17% against 2021 figures. In general, exports saw a abrupt shrinkage. The growth pace was the most rapid in 2021 when exports increased by 8.4%. As a result, the exports attained the peak of 91K units, and then reduced notably in the following year.
In value terms, exports of iron or steel doors, thresholds for doors and windows contracted modestly to $17M in 2022. The total export value increased at an average annual rate of +6.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. As a result, the exports attained the peak of $18M, and then reduced modestly in the following year.
| Export of Iron or Steel Window and Door in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 5.7 | 6.4 | 7.2 | 7.4 | 9.1% |
| Estonia | 2.9 | 3.1 | 3.9 | 3.1 | 2.2% |
| Sweden | 1.4 | 1.4 | 1.5 | 1.9 | 10.7% |
| Turkey | 1.0 | 1.4 | 1.7 | 1.5 | 14.5% |
| United Kingdom | 0.3 | N/A | 0.8 | 1.5 | 71.0% |
| Lithuania | 0.4 | 0.4 | 0.5 | 0.5 | 7.7% |
| Brazil | 0.1 | N/A | 0.3 | 0.2 | 26.0% |
| United States | 0.3 | 0.2 | N/A | N/A | -33.3% |
| Others | 2.2 | 1.8 | 2.1 | 1.3 | -16.1% |
| Total | 14.4 | 14.8 | 18.1 | 17.3 | 6.3% |
Top Export Markets for Iron or Steel Window and Door from Latvia in 2022:
- Norway (20.0K units)
- Estonia (19.5K units)
- Turkey (13.0K units)
- Sweden (8.1K units)
- United Kingdom (4.8K units)
- Lithuania (3.8K units)
- Brazil (2.0K units)
Imports of Iron or Steel Window and Door in Latvia
Imports of iron or steel doors, thresholds for doors and windows into Latvia declined to 50K units in 2022, shrinking by -12.1% compared with the previous year. In general, imports continue to indicate a pronounced decrease. The pace of growth was the most pronounced in 2021 when imports increased by 4%. As a result, imports reached the peak of 57K units, and then reduced in the following year.
In value terms, imports of iron or steel doors, thresholds for doors and windows dropped to $7.3M in 2022. The total import value increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 10% against the previous year. As a result, imports reached the peak of $8.1M, and then shrank in the following year.
| Import of Iron or Steel Window and Door in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 898 | 1,082 | 1,205 | 1,718 | 24.1% |
| Lithuania | 2,507 | 2,289 | 2,203 | 1,652 | -13.0% |
| Poland | 441 | 536 | 1,062 | 1,116 | 36.3% |
| Russia | 612 | 655 | 1,056 | 669 | 3.0% |
| Estonia | 745 | 306 | 391 | 668 | -3.6% |
| Belarus | 754 | 1,157 | 1,366 | 579 | -8.4% |
| China | 241 | 216 | 249 | 423 | 20.6% |
| Germany | 95.0 | 573 | 74.4 | 295 | 45.9% |
| Others | 579 | 565 | 526 | 227 | -26.8% |
| Total | 6,872 | 7,380 | 8,132 | 7,346 | 2.2% |
Top Suppliers of Iron or Steel Window and Door to Latvia in 2022:
- Ukraine (16.6K units)
- Lithuania (6.5K units)
- Belarus (5.8K units)
- Poland (5.1K units)
- Russia (4.6K units)
- China (4.0K units)
- Estonia (3.2K units)
- Germany (3.2K units)
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