Latvia - Toilet And Kitchen Linen - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Toilet and Kitchen Linen in Latvia - 2023
Contents:
- Price for Toilet and Kitchen Linen in Latvia (CIF) - 2023
- Price for Toilet and Kitchen Linen in Latvia (FOB) - 2022
- Imports of Toilet and Kitchen Linen in Latvia
- Exports of Toilet and Kitchen Linen in Latvia
Price for Toilet and Kitchen Linen in Latvia (CIF) - 2023
The average toilet and kitchen linen import price stood at $1.6 per unit in August 2023, which is down by -5.6% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 53% m-o-m. Over the period under review, average import prices attained the maximum at $2.6 per unit in February 2023; however, from March 2023 to August 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($3.0 per unit), while the price for India ($989 per thousand units) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Poland (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Toilet and Kitchen Linen in Latvia (FOB) - 2022
In 2022, the average toilet and kitchen linen export price amounted to $3.6 per unit, picking up by 13% against the previous year. Over the period under review, the export price, however, recorded a deep slump. The most prominent rate of growth was recorded in 2014 an increase of 16%. As a result, the export price reached the peak level of $11 per unit. From 2015 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($7.1 per unit), while the average price for exports to Belarus ($2.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (-1.4%), while the prices for the other major destinations experienced a decline.
Imports of Toilet and Kitchen Linen in Latvia
For the fourth consecutive year, Latvia recorded growth in purchases abroad of toilet and kitchen linen, which increased by 30% to 1.8M units in 2022. Overall, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 53%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, toilet and kitchen linen imports shrank to $3.9M in 2022. In general, imports, however, saw a slight curtailment. The pace of growth was the most pronounced in 2021 with an increase of 8.7% against the previous year. As a result, imports reached the peak of $4M, and then fell in the following year.
| Import of Toilet and Kitchen Linen in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 550 | 697 | 831 | 1,053 | 24.2% |
| Lithuania | 704 | 619 | 559 | 574 | -6.6% |
| India | 629 | 314 | 500 | 541 | -4.9% |
| Pakistan | 998 | 532 | 525 | 470 | -22.2% |
| Turkey | 317 | 155 | 297 | 314 | -0.3% |
| Germany | 161 | 156 | 138 | 221 | 11.1% |
| Denmark | 24.3 | 10.8 | 97.5 | 147 | 82.2% |
| Belgium | 129 | 445 | 57.4 | 97.6 | -8.9% |
| Others | 495 | 769 | 1,017 | 443 | -3.6% |
| Total | 4,008 | 3,698 | 4,021 | 3,859 | -1.3% |
Top Suppliers of Toilet and Kitchen Linen to Latvia in 2022:
- Poland (509.6K units)
- India (307.0K units)
- Lithuania (286.9K units)
- Pakistan (239.7K units)
- Turkey (106.0K units)
- Denmark (81.7K units)
- Germany (78.8K units)
- Belgium (30.5K units)
Exports of Toilet and Kitchen Linen in Latvia
After three years of growth, shipments abroad of toilet and kitchen linen decreased by -15.4% to 395K units in 2022. In general, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 62%. The exports peaked at 467K units in 2021, and then shrank dramatically in the following year.
In value terms, toilet and kitchen linen exports fell to $1.4M in 2022. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 10% against the previous year. As a result, the exports reached the peak of $1.5M, and then dropped modestly in the following year.
| Export of Toilet and Kitchen Linen in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 616 | 578 | 680 | 760 | 7.3% |
| Lithuania | 524 | 430 | 499 | 508 | -1.0% |
| Belarus | 228 | 200 | 154 | 43.1 | -42.6% |
| Others | 35.6 | 148 | 160 | 114 | 47.4% |
| Total | 1,403 | 1,357 | 1,493 | 1,425 | 0.5% |
Top Export Markets for Toilet and Kitchen Linen from Latvia in 2022:
- Estonia (217.0K units)
- Lithuania (152.1K units)
- Belarus (15.0K units)
This report provides an in-depth analysis of the market for toilet and kitchen linen 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:
- Prodcom 13921430 - Toilet linen and kitchen linen, of terry towelling or similar terry fabrics of cotton
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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