Latvia - Mattresses; of cellular rubber or plastics, whether or not covered - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Mattresses of Cellular Rubber or Plastics in Latvia - 2023
Contents:
- Price for Mattresses of Cellular Rubber or Plastics in Latvia (CIF) - 2023
- Price for Mattresses of Cellular Rubber or Plastics in Latvia (FOB) - 2023
- Imports of Mattresses of Cellular Rubber or Plastics in Latvia
- Exports of Mattresses of Cellular Rubber or Plastics in Latvia
Price for Mattresses of Cellular Rubber or Plastics in Latvia (CIF) - 2023
In October 2023, the average import price for mattresses of cellular rubber or plastics amounted to $80.7 per unit, flattening at the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 when the average import price increased by 11% month-to-month. The import price peaked at $90.4 per unit in April 2023; however, from May 2023 to October 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Italy ($644 per unit), while the price for China ($64.5 per unit) was amongst the lowest.
From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Italy (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Mattresses of Cellular Rubber or Plastics in Latvia (FOB) - 2023
In October 2023, the average export price for mattresses of cellular rubber or plastics amounted to $145 per unit, declining by -10.1% against the previous month. Over the last eleven months, it increased at an average monthly rate of +1.4%. The pace of growth appeared the most rapid in August 2023 when the average export price increased by 37% month-to-month. Over the period under review, the average export prices reached the maximum at $175 per unit in June 2023; however, from July 2023 to October 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was Russia ($341 per unit), while the average price for exports to Lithuania ($96.6 per unit) was amongst the lowest.
From November 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Mattresses of Cellular Rubber or Plastics in Latvia
In 2022, the amount of mattresses of cellular rubber or plastics imported into Latvia skyrocketed to 82K units, increasing by 30% compared with the year before. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +21.5% 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 +79.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 63% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, imports of mattresses of cellular rubber or plastics soared to $6.5M in 2022. The total import value increased at an average annual rate of +14.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 27% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Mattresses of Cellular Rubber or Plastics in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 2,045 | 3,141 | 2,648 | 4,174 | 26.8% |
| Denmark | 81.6 | 34.4 | 135 | 635 | 98.2% |
| Romania | 653 | 640 | 476 | 592 | -3.2% |
| Italy | 43.7 | 38.0 | 230 | 354 | 100.8% |
| China | 1,221 | 1,115 | 1,431 | 271 | -39.5% |
| Others | 276 | 521 | 481 | 439 | 16.7% |
| Total | 4,320 | 5,489 | 5,402 | 6,466 | 14.4% |
Top Suppliers of Mattresses of Cellular Rubber or Plastics to Latvia in 2022:
- Poland (55.7K units)
- Romania (8.8K units)
- Denmark (8.4K units)
- China (3.5K units)
- Italy (2.6K units)
Exports of Mattresses of Cellular Rubber or Plastics in Latvia
For the fourth year in a row, Latvia recorded growth in overseas shipments of mattresses of cellular rubber or plastics, which increased by 48% to 45K units in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of mattresses of cellular rubber or plastics skyrocketed to $4.6M in 2022. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Mattresses of Cellular Rubber or Plastics in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 934 | 1,280 | 1,698 | 1,891 | 26.5% |
| Lithuania | 590 | 655 | 826 | 1,273 | 29.2% |
| Germany | N/A | N/A | N/A | 1,079 | 0% |
| Russia | 3.3 | 51.1 | 27.8 | 234 | 313.9% |
| Poland | N/A | N/A | 235 | 64.1 | -72.7% |
| Belarus | 140 | 106 | 86.1 | 15.6 | -51.9% |
| Others | 8.0 | 1.2 | 17.4 | 6.1 | -8.6% |
| Total | 1,676 | 2,093 | 2,890 | 4,563 | 39.6% |
Top Export Markets for Mattresses of Cellular Rubber or Plastics from Latvia in 2022:
- Estonia (22.9K units)
- Lithuania (15.5K units)
- Germany (3.7K units)
- Russia (1.8K units)
- Poland (0.7K units)
- Belarus (0.2K units)
This report provides an in-depth analysis of the market for mattresses of cellular rubber or plastics 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:
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
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
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
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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