Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Latvia - 2023
Contents:
- Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Latvia (FOB) - 2022
- Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Latvia (CIF) - 2022
- Exports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Latvia
- Imports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Latvia
Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Latvia (FOB) - 2022
The average export price for wood; assembled flooring panels, other than multilayer or mosaic stood at $2,188 per ton in 2022, which is down by -16.3% against the previous year. Overall, the export price continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2018 when the average export price increased by 22%. The export price peaked at $4,127 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($3,636 per ton), while the average price for exports to the Netherlands ($564 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 Norway (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Latvia (CIF) - 2022
In 2022, the average import price for wood; assembled flooring panels, other than multilayer or mosaic amounted to $1,607 per ton, waning by -5.2% against the previous year. Overall, the import price saw a drastic downturn. The pace of growth was the most pronounced in 2014 when the average import price increased by 43%. Over the period under review, average import prices reached the peak figure at $4,154 per ton in 2015; however, from 2016 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 Estonia ($3,025 per ton), while the price for Germany ($816 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+2.5%), while the prices for the other major suppliers experienced a decline.
Exports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Latvia
For the fourth consecutive year, Latvia recorded growth in shipments abroad of wood; assembled flooring panels, other than multilayer or mosaic, which increased by 1,219% to 1.2K tons in 2022. Overall, exports showed 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 wood; assembled flooring panels, other than multilayer or mosaic skyrocketed to $2.6M in 2022. In general, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | N/A | N/A | N/A | 1,229 | 0% |
| Germany | 43.8 | 55.8 | 25.2 | 793 | 162.6% |
| Lithuania | 56.0 | 50.8 | 40.7 | 123 | 30.0% |
| Kazakhstan | N/A | N/A | N/A | 81.1 | 0% |
| Netherlands | N/A | N/A | 69.4 | 78.8 | 13.5% |
| Finland | N/A | N/A | 2.7 | 65.3 | 2318.5% |
| Estonia | 52.8 | 63.3 | 61.3 | 60.3 | 4.5% |
| Poland | N/A | N/A | N/A | 60.3 | 0% |
| Others | 66.5 | 47.1 | 35.8 | 106 | 16.8% |
| Total | 219 | 217 | 235 | 2,596 | 128.0% |
Top Export Markets for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic from Latvia in 2022:
- Switzerland (337.9 tons)
- Germany (226.9 tons)
- Netherlands (139.8 tons)
- Kazakhstan (120.9 tons)
- Lithuania (93.3 tons)
- Finland (68.6 tons)
- Poland (60.7 tons)
- Estonia (50.5 tons)
Imports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Latvia
In 2022, the amount of wood; assembled flooring panels, other than multilayer or mosaic imported into Latvia expanded modestly to 219 tons, surging by 3.6% against 2021 figures. The total import volume increased at an average annual rate of +2.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 38% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of wood; assembled flooring panels, other than multilayer or mosaic shrank slightly to $352K in 2022. Overall, total imports indicated mild growth from 2019 to 2022: its value increased at an average annual rate of +1.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.9% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 55% against the previous year. As a result, imports attained the peak of $359K, and then dropped modestly in the following year.
| Import of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 62.5 | 83.2 | 56.4 | 134 | 28.9% |
| Lithuania | 74.0 | 75.6 | 88.9 | 84.3 | 4.4% |
| Germany | 8.1 | N/A | 42.5 | 83.9 | 118.0% |
| Estonia | 14.2 | 11.8 | 16.2 | 27.4 | 24.5% |
| Italy | N/A | 2.5 | N/A | 6.0 | 54.9% |
| Vietnam | 139 | 54.5 | 154 | N/A | 5.3% |
| Others | 34.9 | 4.2 | 0.7 | 16.2 | -22.6% |
| Total | 333 | 232 | 359 | 352 | 1.9% |
Top Suppliers of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic to Latvia in 2022:
- Germany (102.8 tons)
- Poland (64.4 tons)
- Lithuania (33.9 tons)
- Estonia (9.1 tons)
- Italy (4.9 tons)
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