Price for Track Suits; of Cotton, Knitted or Crocheted in Latvia - 2023
Contents:
- Price for Track Suits; of Cotton, Knitted or Crocheted in Latvia (FOB) - 2022
- Price for Track Suits; of Cotton, Knitted or Crocheted in Latvia (CIF) - 2022
- Exports of Track Suits; of Cotton, Knitted or Crocheted in Latvia
- Imports of Track Suits; of Cotton, Knitted or Crocheted in Latvia
Price for Track Suits; of Cotton, Knitted or Crocheted in Latvia (FOB) - 2022
In 2022, the average export price for track suits; of cotton, knitted or crocheted amounted to $57 per unit, declining by -12.7% against the previous year. Overall, the export price, however, saw a prominent expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by 65%. Over the period under review, the average export prices hit record highs at $65 per unit in 2021, and then reduced in the following year.
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 Russia ($60 per unit), while the average price for exports to Lithuania ($17 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 Finland (+21.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Track Suits; of Cotton, Knitted or Crocheted in Latvia (CIF) - 2022
In 2022, the average import price for track suits; of cotton, knitted or crocheted amounted to $44 per unit, almost unchanged from the previous year. Over the period under review, the import price showed a resilient expansion. The growth pace was the most rapid in 2021 an increase of 160%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the immediate term.
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 Italy ($58 per unit), while the price for Lithuania ($6.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Track Suits; of Cotton, Knitted or Crocheted in Latvia
In 2022, the amount of track suits; of cotton, knitted or crocheted exported from Latvia surged to 54K units, rising by 105% on 2021 figures. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of track suits; of cotton, knitted or crocheted surged to $3.1M in 2022. Overall, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Track Suits; of Cotton, Knitted or Crocheted in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 577 | 972 | 1,701 | 2,946 | 72.2% |
| Estonia | 3.4 | 7.8 | 1.9 | 62.8 | 164.3% |
| Lithuania | N/A | 0.2 | 0.3 | 36.5 | 1250.9% |
| Finland | N/A | 0.7 | N/A | 17.3 | 397.1% |
| Others | 0.4 | 5.2 | 6.4 | 4.2 | 119.0% |
| Total | 581 | 985 | 1,710 | 3,067 | 74.1% |
Top Export Markets for Track Suits; of Cotton, Knitted or Crocheted from Latvia in 2022:
- Russia (49.1K units)
- Lithuania (2.2K units)
- Estonia (1.9K units)
- Finland (0.9K units)
Imports of Track Suits; of Cotton, Knitted or Crocheted in Latvia
In 2022, the amount of track suits; of cotton, knitted or crocheted imported into Latvia soared to 68K units, rising by 34% against 2021. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 117% against the previous year. As a result, imports attained the peak of 77K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of track suits; of cotton, knitted or crocheted surged to $3M in 2022. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 73%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in years to come.
| Import of Track Suits; of Cotton, Knitted or Crocheted in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 477 | 358 | 1,833 | 2,575 | 75.4% |
| Germany | 194 | 255 | 150 | 196 | 0.3% |
| Poland | 38.2 | 119 | 68.2 | 81.7 | 28.8% |
| Belgium | 111 | 125 | N/A | 55.3 | -20.7% |
| Estonia | 18.8 | 10.5 | 7.1 | 43.9 | 32.7% |
| Netherlands | 26.2 | 195 | 14.4 | 20.3 | -8.2% |
| Lithuania | 3.6 | 6.4 | 17.5 | 11.8 | 48.5% |
| Others | 43.3 | 246 | 186 | 60.5 | 11.8% |
| Total | 912 | 1,315 | 2,277 | 3,045 | 49.5% |
Top Suppliers of Track Suits; of Cotton, Knitted or Crocheted to Latvia in 2022:
- Italy (44.4K units)
- Poland (10.1K units)
- Germany (5.7K units)
- Lithuania (1.8K units)
- Belgium (1.8K units)
- Estonia (1.6K units)
- Netherlands (0.5K units)
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