Price for Paper, Cigarette; in the Form of Booklets or Tubes in Latvia - 2023

Contents:

  1. Price for Paper, Cigarette; in the Form of Booklets or Tubes in Latvia (CIF) - 2022
  2. Price for Paper, Cigarette; in the Form of Booklets or Tubes in Latvia (FOB) - 2022
  3. Imports of Paper, Cigarette; in the Form of Booklets or Tubes in Latvia
  4. Exports of Paper, Cigarette; in the Form of Booklets or Tubes in Latvia

Price for Paper, Cigarette; in the Form of Booklets or Tubes in Latvia (CIF) - 2022

The average import price for paper, cigarette; in the form of booklets or tubeses stood at $15,689 per ton in 2022, increasing by 18% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced contraction. The pace of growth was the most pronounced in 2014 when the average import price increased by 79%. The import price peaked at $24,287 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($29,043 per ton), while the price for Austria ($6,623 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Paper, Cigarette; in the Form of Booklets or Tubes in Latvia (FOB) - 2022

In 2022, the average export price for paper, cigarette; in the form of booklets or tubeses amounted to $19,656 per ton, rising by 13% against the previous year. Over the period under review, the export price continues to indicate a resilient expansion. The growth pace was the most rapid in 2018 when the average export price increased by 117% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Armenia ($23,663 per ton), while the average price for exports to Estonia ($6,887 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 Russia (-8.2%), while the prices for the other major destinations experienced a decline.

Imports of Paper, Cigarette; in the Form of Booklets or Tubes in Latvia

Imports of paper, cigarette; in the form of booklets or tubeses into Latvia soared to 72 tons in 2022, increasing by 33% against the previous year's figure. Overall, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 56%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of paper, cigarette; in the form of booklets or tubeses skyrocketed to $1.1M in 2022. In general, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Paper, Cigarette; in the Form of Booklets or Tubes in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic83.511313937464.8%
Poland18119511930919.5%
FranceN/AN/A12818846.9%
Germany99.91161051165.1%
Lithuania26.730.117359.430.5%
AustriaN/AN/AN/A36.70%
RomaniaN/A23.849.836.624.0%
Others0.515.67.07.3144.4%
Total3914937211,12742.3%

Top Suppliers of Paper, Cigarette; in the Form of Booklets or Tubes to Latvia in 2022:

  1. Poland (30.1 tons)
  2. Czech Republic (12.9 tons)
  3. France (7.6 tons)
  4. Germany (6.6 tons)
  5. Lithuania (6.3 tons)
  6. Austria (5.5 tons)
  7. Romania (2.4 tons)

Exports of Paper, Cigarette; in the Form of Booklets or Tubes in Latvia

In 2022, approx. 21 tons of paper, cigarette; in the form of booklets or tubeses were exported from Latvia; jumping by 81% on the previous year. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 121%. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, exports of paper, cigarette; in the form of booklets or tubeses skyrocketed to $419K in 2022. In general, exports posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 254% against the previous year. Over the period under review, the exports of paper, cigarette; in form of booklets or tubeses reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Paper, Cigarette; in the Form of Booklets or Tubes in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ArmeniaN/AN/A6.53775700.0%
Estonia17.644.524.325.212.7%
BulgariaN/AN/AN/A10.90%
Russia6.340.11756.1-1.1%
OthersN/AN/AN/AN/A0%
Total23.984.6205419159.8%

Top Export Markets for Paper, Cigarette; in the Form of Booklets or Tubes from Latvia in 2022:

  1. Armenia (15.9 tons)
  2. Estonia (3.7 tons)
  3. Bulgaria (1.2 tons)
  4. Russia (0.6 tons)

Source: IndexBox Market Intelligence Platform

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