Latvia - Wadding Of Textile Materials And Articles Thereof - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTextile Wadding Price in Latvia - 2023
Contents:
- Textile Wadding Price in Latvia (FOB) - 2023
- Textile Wadding Price in Latvia (CIF) - 2022
- Textile Wadding Exports in Latvia
- Textile Wadding Imports in Latvia
Textile Wadding Price in Latvia (FOB) - 2023
The average textile wadding export price stood at $6,918 per ton in September 2023, almost unchanged from the previous month. In general, the export price, however, saw a mild expansion. The pace of growth appeared the most rapid in June 2023 an increase of 17% against the previous month. The export price peaked at $7,736 per ton in July 2023; however, from August 2023 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Greece ($8,707 per ton), while the average price for exports to Poland ($2,887 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 Lithuania (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.
Textile Wadding Price in Latvia (CIF) - 2022
The average textile wadding import price stood at $5,490 per ton in 2022, approximately reflecting the previous year. In general, the import price, however, showed a slight reduction. The growth pace was the most rapid in 2013 an increase of 33%. The import price peaked at $8,954 per ton in 2014; however, from 2015 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 Lithuania ($10,631 per ton), while the price for the Czech Republic ($1,810 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Textile Wadding Exports in Latvia
For the third consecutive year, Latvia recorded decline in shipments abroad of wadding of textile materials and articles thereof, which decreased by -18.7% to 1.2K tons in 2022. Over the period under review, exports continue to indicate a abrupt curtailment. The smallest decline of -15.9% was in 2020.
In value terms, textile wadding exports declined rapidly to $6.7M in 2022. In general, exports faced a abrupt shrinkage. The smallest decline of -2.3% was in 2020.
| Export of Textile Wadding in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 3,048 | 2,808 | 2,987 | 2,494 | -6.5% |
| Poland | 682 | 179 | 349 | 825 | 6.6% |
| Lithuania | 1,182 | 864 | 790 | 802 | -12.1% |
| Russia | 1,726 | 4,084 | 2,644 | 536 | -32.3% |
| Greece | N/A | 59.9 | 371 | 534 | 198.6% |
| Estonia | 386 | 431 | 460 | 517 | 10.2% |
| United Kingdom | 1,429 | 1,271 | 412 | 300 | -40.6% |
| Slovakia | 429 | 329 | 239 | 167 | -27.0% |
| France | 771 | 76.8 | 51.0 | N/A | -74.3% |
| Netherlands | 381 | N/A | N/A | N/A | 0% |
| Others | 549 | 238 | 122 | 484 | -4.1% |
| Total | 10,582 | 10,341 | 8,425 | 6,659 | -14.3% |
Top Export Markets for Textile Wadding from Latvia in 2022:
- France (undefined tons)
- Ukraine (409.2 tons)
- Poland (206.4 tons)
- Lithuania (185.1 tons)
- Estonia (86.1 tons)
- Greece (84.2 tons)
- Russia (78.4 tons)
- United Kingdom (51.4 tons)
- Slovakia (29.6 tons)
Textile Wadding Imports in Latvia
In 2022, overseas purchases of wadding of textile materials and articles thereof decreased by -11.7% to 601 tons, falling for the second year in a row after two years of growth. In general, total imports indicated a perceptible expansion from 2019 to 2022: its volume increased at an average annual rate of +4.0% 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 -24.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 49% against the previous year. As a result, imports reached the peak of 798 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, textile wadding imports shrank to $3.3M in 2022. The total import value increased at an average annual rate of +5.1% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 22%.
| Import of Textile Wadding in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 391 | 463 | 837 | 885 | 31.3% |
| Poland | 1,223 | 1,178 | 721 | 880 | -10.4% |
| Estonia | 69.1 | 504 | 432 | 440 | 85.3% |
| Uzbekistan | N/A | 228 | 349 | 287 | 12.2% |
| Sweden | 103 | 60.0 | 174 | 169 | 17.9% |
| Italy | 28.6 | 315 | 69.3 | 97.7 | 50.6% |
| Russia | 392 | 249 | 264 | 43.6 | -51.9% |
| Czech Republic | 14.1 | 25.8 | 8.1 | 28.1 | 25.8% |
| Netherlands | 252 | 91.1 | 7.2 | 17.8 | -58.7% |
| Others | 371 | 346 | 831 | 451 | 6.7% |
| Total | 2,845 | 3,461 | 3,692 | 3,299 | 5.1% |
Top Suppliers of Textile Wadding to Latvia in 2022:
- Poland (177.4 tons)
- Uzbekistan (119.0 tons)
- Germany (118.2 tons)
- Estonia (82.8 tons)
- Sweden (20.3 tons)
- Czech Republic (15.5 tons)
- Italy (13.7 tons)
- Russia (9.5 tons)
- Netherlands (2.0 tons)
This report provides an in-depth analysis of the textile wadding market 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 13991400 - Textile flock and dust and mill neps
- Prodcom 17221240 - Wadding, other articles of wadding
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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This report provides an in-depth analysis of the textile wadding market in Latvia.
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This report provides an in-depth analysis of the wadding market in Latvia.
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This report provides an in-depth analysis of the global textile wadding market.
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This report provides an in-depth analysis of the global textile flock market.
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This report provides an in-depth analysis of the global wadding market.
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This report provides an in-depth analysis of the textile wadding market in Latvia.
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This report provides an in-depth analysis of the textile flock market in Latvia.
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This report provides an in-depth analysis of the wadding market in Latvia.
637
This report provides an in-depth analysis of the global textile wadding market.
739
In value terms, friction material and articles thereof imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the tre...
864
In value terms, friction material and articles thereof exports stood at $X in 2016. Overall, friction material and articles thereof exports continue to indicate a relatively flat trend pattern. Ove...
1378
In 2016, the amount of wadding of textile imported worldwide stood at X tons, coming down by -X% against the previous year level. In general, wadding of textile imports continue to indicate a s...
1316
In 2016, the amount of wadding of textile imported worldwide stood at X tons, coming down by -X% against the previous year level. In general, wadding of textile imports continue to indicate a s...
739
In value terms, friction material and articles thereof imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the tre...
864
In value terms, friction material and articles thereof exports stood at $X in 2016. Overall, friction material and articles thereof exports continue to indicate a relatively flat trend pattern. Ove...
1378
In 2016, the amount of wadding of textile imported worldwide stood at X tons, coming down by -X% against the previous year level. In general, wadding of textile imports continue to indicate a s...
1316
In 2016, the amount of wadding of textile imported worldwide stood at X tons, coming down by -X% against the previous year level. In general, wadding of textile imports continue to indicate a s...
