Latvia - Toilet Paper - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Latvia - Toilet Paper - Market Analysis, Forecast, Size, Trends And Insights

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Toilet Paper Price in Latvia - 2023

Contents:

  1. Toilet Paper Price in Latvia (CIF) - 2023
  2. Toilet Paper Price in Latvia (FOB) - 2023
  3. Toilet Paper Imports in Latvia
  4. Toilet Paper Exports in Latvia

Toilet Paper Price in Latvia (CIF) - 2023

In September 2023, the average toilet paper import price amounted to $2,315 per ton, surging by 1.8% against the previous month. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 14% month-to-month. The import price peaked at $2,587 per ton in December 2022; however, from January 2023 to September 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Hungary ($3,087 per ton), while the price for Sweden ($1,659 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Hungary (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Toilet Paper Price in Latvia (FOB) - 2023

The average toilet paper export price stood at $2,761 per ton in September 2023, standing approximately at the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 11% month-to-month. The export price peaked at $3,069 per ton in February 2023; however, from March 2023 to September 2023, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In September 2023, the country with the highest price was Lithuania ($3,035 per ton), while the average price for exports to Estonia amounted to $2,670 per ton.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+1.1%).

Toilet Paper Imports in Latvia

In 2022, imports of toilet paper into Latvia rose significantly to 12K tons, growing by 11% compared with the year before. The total import volume increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, toilet paper imports skyrocketed to $25M in 2022. The total import value increased at an average annual rate of +8.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Toilet Paper in Latvia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania7.07.89.08.98.3%
Finland6.96.34.87.52.8%
Poland0.70.80.92.552.9%
Slovakia0.30.30.20.944.2%
Ukraine0.20.40.40.858.7%
Spain0.60.50.50.810.1%
Italy0.60.90.80.75.3%
Germany0.90.90.70.7-8.0%
Austria0.30.30.90.626.0%
Sweden0.50.40.40.50.0%
Hungary0.80.90.50.3-27.9%
Others0.80.90.90.7-4.4%
Total19.720.420.024.98.1%

Top Suppliers of Toilet Paper to Latvia in 2022:

  1. Lithuania (4839.7 tons)
  2. Finland (3257.5 tons)
  3. Poland (1088.9 tons)
  4. Slovakia (410.7 tons)
  5. Ukraine (377.3 tons)
  6. Spain (376.2 tons)
  7. Italy (324.8 tons)
  8. Sweden (299.0 tons)
  9. Germany (298.1 tons)
  10. Austria (278.0 tons)
  11. Hungary (154.2 tons)

Toilet Paper Exports in Latvia

Toilet paper exports from Latvia soared to 1.2K tons in 2022, increasing by 36% on 2021. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 85%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, toilet paper exports surged to $2.9M in 2022. Over the period under review, exports showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 78%. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Toilet Paper in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia4187701,1071,76961.8%
Lithuania6641,0628431,01615.2%
Russia6.712842.573.7122.4%
Others12920757.14.1-68.3%
Total1,2172,1682,0502,86233.0%

Top Export Markets for Toilet Paper from Latvia in 2022:

  1. Estonia (751.0 tons)
  2. Lithuania (370.2 tons)
  3. Russia (27.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the toilet paper 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 17221120 - Toilet paper

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Toilet Paper - Latvia