Price for Tents of Synthetic Fibres in Latvia - 2023

Contents:

  1. Price for Tents of Synthetic Fibres in Latvia (CIF) - 2022
  2. Price for Tents of Synthetic Fibres in Latvia (FOB) - 2022
  3. Imports of Tents of Synthetic Fibres in Latvia
  4. Exports of Tents of Synthetic Fibres in Latvia

Price for Tents of Synthetic Fibres in Latvia (CIF) - 2022

In 2022, the average tents of synthetic fibres import price amounted to $8,530 per ton, falling by -17.2% against the previous year. Over the period under review, the import price, however, saw a tangible expansion. The pace of growth appeared the most rapid in 2019 when the average import price increased by 49%. As a result, import price reached the peak level of $18,009 per ton. From 2020 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($25,747 per ton), while the price for Finland ($6,448 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tents of Synthetic Fibres in Latvia (FOB) - 2022

In 2022, the average tents of synthetic fibres export price amounted to $21,847 per ton, growing by 6.5% against the previous year. Overall, the export price showed a prominent increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 91%. Over the period under review, the average export prices hit record highs at $28,740 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($113,985 per ton), while the average price for exports to Estonia ($5,887 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 Germany (+20.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tents of Synthetic Fibres in Latvia

In 2022, overseas purchases of tents of synthetic fibreses decreased by -1.3% to 305 tons, falling for the second year in a row after two years of growth. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +17.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -4.5% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 68% against the previous year. As a result, imports reached the peak of 319 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, tents of synthetic fibres imports reduced notably to $2.6M in 2022. Overall, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 12% against the previous year. As a result, imports reached the peak of $3.8M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Tents of Synthetic Fibres in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4308811,0531,18140.0%
Poland19.443.1278483192.0%
Lithuania11249.713433744.4%
Czech Republic93.610655.615017.0%
Estonia38.338.861.210640.4%
Finland3531.09.389.1-36.8%
ThailandN/AN/AN/A66.30%
France2,1982,4971,32312.4-82.2%
Others181210272176-0.9%
Total3,4253,8273,1852,601-8.8%

Top Suppliers of Tents of Synthetic Fibres to Latvia in 2022:

  1. China (181.8 tons)
  2. Poland (42.7 tons)
  3. Lithuania (30.1 tons)
  4. Finland (13.8 tons)
  5. Czech Republic (10.5 tons)
  6. Thailand (7.9 tons)
  7. Estonia (7.4 tons)
  8. France (0.5 tons)

Exports of Tents of Synthetic Fibres in Latvia

In 2022, shipments abroad of tents of synthetic fibreses decreased by -8.8% to 110 tons, falling for the second year in a row after two years of growth. In general, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +6.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -35.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 90% against the previous year. As a result, the exports reached the peak of 171 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, tents of synthetic fibres exports fell to $2.4M in 2022. Over the period under review, exports saw a noticeable shrinkage. The smallest decline of -1.3% was in 2021.

Export of Tents of Synthetic Fibres in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,2671,0881,079911-10.4%
Lithuania14323629328325.6%
Estonia1842092612429.6%
Japan17252.830.9148-4.9%
France89.788.910714316.8%
Sweden10546.367.752.9-20.4%
Belarus14.528.450.413.7-1.9%
BangladeshN/A170N/AN/A0%
Others613587586610-0.2%
Total2,5882,5062,4742,403-2.4%

Top Export Markets for Tents of Synthetic Fibres from Latvia in 2022:

  1. Lithuania (44.8 tons)
  2. Estonia (41.1 tons)
  3. Germany (8.0 tons)
  4. Japan (2.2 tons)
  5. Belarus (1.9 tons)
  6. France (1.7 tons)
  7. Sweden (1.6 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Tents; of synthetic fibres - Latvia