Price for Printed Matter in Single Sheets in Latvia - 2023
Contents:
- Price for Printed Matter in Single Sheets in Latvia (FOB) - 2023
- Price for Printed Matter in Single Sheets in Latvia (CIF) - 2022
- Exports of Printed Matter in Single Sheets in Latvia
- Imports of Printed Matter in Single Sheets in Latvia
Price for Printed Matter in Single Sheets in Latvia (FOB) - 2023
The average export price for printed matter in single sheets, whether or not folded stood at $4,665 per ton in September 2023, shrinking by -14.3% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.0%. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 16% against the previous month. Over the period under review, the average export prices hit record highs at $5,609 per ton in April 2023; however, from May 2023 to September 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Estonia ($7,531 per ton), while the average price for exports to the Netherlands ($2,704 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Printed Matter in Single Sheets in Latvia (CIF) - 2022
In 2022, the average import price for printed matter in single sheets, whether or not folded amounted to $12,094 per ton, approximately reflecting the previous year. In general, the import price, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2013 when the average import price increased by 120%. The import price peaked at $12,104 per ton in 2021, and then shrank in the following year.
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 Estonia ($21,078 per ton), while the price for Germany ($4,997 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Printed Matter in Single Sheets in Latvia
In 2022, overseas shipments of printed matter in single sheets, whether or not folded were finally on the rise to reach 8.4K tons for the first time since 2019, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +4.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, printed matter in single sheets exports skyrocketed to $34M in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +15.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 33% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Printed Matter in Single Sheets in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.4 | 3.6 | 5.4 | 5.8 | 9.6% |
| France | 1.9 | 2.3 | 4.0 | 5.7 | 44.2% |
| Sweden | 4.6 | 3.4 | 4.7 | 5.5 | 6.1% |
| Estonia | 1.6 | 1.8 | 2.4 | 3.2 | 26.0% |
| Norway | 2.4 | 3.2 | 0.8 | 2.9 | 6.5% |
| Denmark | 2.9 | 2.7 | 3.0 | 2.5 | -4.8% |
| Finland | 1.9 | 1.7 | 2.2 | 2.5 | 9.6% |
| Others | 2.2 | 2.0 | 5.1 | 5.7 | 37.3% |
| Total | 21.8 | 20.8 | 27.7 | 33.7 | 15.6% |
Top Export Markets for Printed Matter in Single Sheets from Latvia in 2022:
- France (1.4K tons)
- Germany (1.4K tons)
- Sweden (1.3K tons)
- Estonia (1.0K tons)
- Denmark (0.9K tons)
- Finland (0.7K tons)
- Norway (0.6K tons)
Imports of Printed Matter in Single Sheets in Latvia
Printed matter in single sheets imports into Latvia soared to 123 tons in 2022, with an increase of 23% compared with 2021 figures. The total import volume increased at an average annual rate of +5.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 26%. As a result, imports reached the peak of 131 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, printed matter in single sheets imports surged to $1.5M in 2022. Overall, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 151% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Printed Matter in Single Sheets in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 195 | 830 | 695 | 812 | 60.9% |
| Germany | 91.4 | 74.4 | 241 | 219 | 33.8% |
| Estonia | 44.4 | 96.0 | 142 | 154 | 51.4% |
| France | 0.9 | 35.4 | 21.2 | 64.5 | 315.4% |
| Portugal | N/A | 5.0 | 28.8 | 50.5 | 217.8% |
| Poland | 41.6 | 7.5 | 11.5 | 15.8 | -27.6% |
| Others | 91.9 | 120 | 78.0 | 176 | 24.2% |
| Total | 465 | 1,168 | 1,217 | 1,491 | 47.5% |
Top Suppliers of Printed Matter in Single Sheets to Latvia in 2022:
- Lithuania (53.2 tons)
- Germany (43.8 tons)
- Estonia (7.3 tons)
- France (3.8 tons)
- Portugal (2.6 tons)
- Poland (1.1 tons)
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