Latvia - Veneer Sheets And Sheets For Plywood And Other Wood Sawn Lengthwise - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVeneer Sheet Price in Latvia - 2023
Contents:
- Veneer Sheet Price in Latvia (CIF) - 2023
- Veneer Sheet Price in Latvia (FOB) - 2023
- Veneer Sheet Imports in Latvia
- Veneer Sheet Exports in Latvia
Veneer Sheet Price in Latvia (CIF) - 2023
In September 2023, the average veneer sheet import price amounted to $132 per thousand square meters, increasing by 1.8% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 21% month-to-month. As a result, import price reached the peak level of $0.2 per square meter. From August 2023 to September 2023, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was Finland ($120 per thousand square meters), while the price for Lithuania amounted to $116 per thousand square meters.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Lithuania (+2.3%).
Veneer Sheet Price in Latvia (FOB) - 2023
In September 2023, the average veneer sheet export price amounted to $202 per thousand square meters, with an increase of 2% against the previous month. In general, the export price, however, recorded a slight decline. The pace of growth appeared the most rapid in May 2023 an increase of 10% month-to-month. The export price peaked at $254 per thousand square meters in November 2022; however, from December 2022 to September 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($426 per thousand square meters), while the average price for exports to Estonia ($142 per thousand square meters) 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 China (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.
Veneer Sheet Imports in Latvia
In 2022, purchases abroad of veneer sheets and sheets for plywood and other wood sawn lengthwise decreased by -8.3% to 410M square meters for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 12% against the previous year. Imports peaked at 447M square meters in 2021, and then fell in the following year.
In value terms, veneer sheet imports rose to $47M in 2022. The total import value increased at an average annual rate of +10.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 20% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Veneer Sheet in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 14.4 | 16.3 | 19.7 | 21.7 | 14.6% |
| Finland | 11.0 | 13.3 | 14.2 | 13.6 | 7.3% |
| Estonia | 4.2 | 2.9 | 3.7 | 4.0 | -1.6% |
| Others | 5.2 | 5.5 | 8.1 | 8.2 | 16.4% |
| Total | 34.9 | 38.0 | 45.7 | 47.5 | 10.8% |
Top Suppliers of Veneer Sheet to Latvia in 2022:
- Lithuania (248.5M square meters)
- Finland (144.4M square meters)
- Estonia (7.2M square meters)
Veneer Sheet Exports in Latvia
Veneer sheet exports from Latvia skyrocketed to 168M square meters in 2022, increasing by 85% on 2021. Overall, exports showed significant growth. The growth pace was the most rapid in 2020 when exports increased by 611% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, veneer sheet exports surged to $37M in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 214% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Veneer Sheet in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 0.1 | 0.2 | 1.3 | 11.6 | 387.7% |
| Poland | 0.1 | 0.1 | 0.7 | 5.4 | 278.0% |
| Italy | N/A | N/A | 0.5 | 4.0 | 700.0% |
| Vietnam | 0.2 | 5.4 | 8.6 | 3.7 | 164.5% |
| Germany | 0.2 | 0.5 | 0.8 | 3.4 | 157.1% |
| Lithuania | 0.1 | 0.1 | 0.2 | 1.4 | 141.0% |
| Bulgaria | N/A | N/A | 0.2 | 0.7 | 250.0% |
| Others | 2.4 | 3.0 | 3.6 | 6.6 | 40.1% |
| Total | 3.0 | 9.4 | 16.0 | 36.8 | 130.6% |
Top Export Markets for Veneer Sheet from Latvia in 2022:
- Estonia (64.3M square meters)
- Poland (26.5M square meters)
- Vietnam (23.7M square meters)
- Italy (16.4M square meters)
- Germany (12.4M square meters)
- Lithuania (5.8M square meters)
- Bulgaria (3.7M square meters)
This report provides an in-depth analysis of the veneer sheet 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 16212113 - Veneer sheets, sheets for plywood and other wood sawn lengthwise, sliced/peeled, thickness . 6 mm and end-jointed, p laned/sanded/small boards for the manufacture of pencils
- Prodcom 16212118 - Coniferous and tropical wood veneer sheets and sheets for plywood, sawn lengthwise, sliced or peeled, of a thickness . 6 mm excluding end-jointed, planed or sanded
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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