Transfers (Decalcomanias) Price in Latvia - 2023

Transfers (Decalcomanias) Price in Latvia (CIF) - 2022

In 2022, the average transfers (decalcomanias) import price amounted to $43,997 per ton, remaining stable against the previous year. In general, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, transfers (decalcomanias) import price decreased by -16.2% against 2020 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by 80%. The import price peaked at $52,479 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($300,389 per ton), while the price for Italy ($8,448 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Transfers (Decalcomanias) Price in Latvia (FOB) - 2022

In 2022, the average transfers (decalcomanias) export price amounted to $82,404 per ton, picking up by 73% against the previous year. In general, the export price recorded a resilient increase. The most prominent rate of growth was recorded in 2013 an increase of 456%. The export price peaked at $132,285 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($170,799 per ton), while the average price for exports to Turkey ($15,832 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 Vietnam (+34.1%), while the prices for the other major destinations experienced more modest paces of growth.

Transfers (Decalcomanias) Imports in Latvia

For the fourth year in a row, Latvia recorded growth in overseas purchases of transfers (decalcomanias)s, which increased by 33% to 10 tons in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +18.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.0% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, transfers (decalcomanias) imports surged to $453K in 2022. The total import value increased at an average annual rate of +12.3% from 2019 to 2022; however, the trend pattern indicated some 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.

Import of Transfers (Decalcomanias) in Latvia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Sweden	73.2	38.9	60.3	165	31.1%
Germany	72.7	121	111	75.7	1.4%
Finland	4.2	11.6	19.8	28.9	90.2%
Poland	3.2	13.9	6.7	27.8	105.6%
Italy	20.0	17.2	11.6	22.9	4.6%
China	25.3	1.3	20.5	14.7	-16.6%
France	12.4	4.9	9.8	14.5	5.4%
Lithuania	8.2	61.9	32.1	12.4	14.8%
Others	101	85.6	66.1	91.4	-3.3%
Total	320	357	338	453	12.3%

Top Suppliers of Transfers (Decalcomanias) to Latvia in 2022:

Germany (3.7 tons)
Italy (2.7 tons)
Poland (1.2 tons)
France (0.6 tons)
Finland (0.5 tons)
Sweden (0.5 tons)
China (0.3 tons)
Lithuania (0.1 tons)

Transfers (Decalcomanias) Exports in Latvia

In 2022, the amount of transfers (decalcomanias)s exported from Latvia expanded markedly to 1.3 tons, surging by 9.1% on 2021 figures. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +5.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, transfers (decalcomanias) exports skyrocketed to $105K in 2022. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Transfers (Decalcomanias) in Latvia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Ukraine	12.0	16.2	15.0	53.6	64.7%
Vietnam	0.6	N/A	N/A	31.4	274.0%
Lithuania	8.8	7.9	9.6	7.3	-6.0%
Estonia	0.7	1.3	4.1	4.0	78.8%
Turkey	N/A	N/A	2.1	3.8	81.0%
Italy	N/A	N/A	0.4	2.8	600.0%
Russia	1.7	0.2	1.5	N/A	-6.1%
Sweden	1.3	N/A	N/A	N/A	0%
Finland	0.6	0.7	0.1	N/A	-59.2%
Denmark	6.4	5.4	7.8	N/A	10.4%
Belarus	0.1	1.4	0.5	N/A	123.6%
Others	5.0	7.7	14.1	1.8	-28.9%
Total	37.1	40.9	55.3	105	41.5%