Latvia - Floor Coverings And Mats Of Vulcanised Rubber - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVulcanised Rubber Mats Price in Latvia - 2023
Contents:
- Vulcanised Rubber Mats Price in Latvia (FOB) - 2023
- Vulcanised Rubber Mats Price in Latvia (CIF) - 2022
- Vulcanised Rubber Mats Exports in Latvia
- Vulcanised Rubber Mats Imports in Latvia
Vulcanised Rubber Mats Price in Latvia (FOB) - 2023
In September 2023, the average vulcanised rubber mats export price amounted to $1,387 per ton, reducing by -5% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.9%. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 45% against the previous month. The export price peaked at $1,597 per ton in May 2023; however, from June 2023 to September 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Estonia ($2,734 per ton), while the average price for exports to Israel ($797 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 Finland (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.
Vulcanised Rubber Mats Price in Latvia (CIF) - 2022
The average vulcanised rubber mats import price stood at $3,828 per ton in 2022, which is down by -2.8% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 16% against the previous year. The import price peaked at $4,286 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
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 the Czech Republic ($17,936 per ton), while the price for India ($1,417 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Vulcanised Rubber Mats Exports in Latvia
Vulcanised rubber mats exports from Latvia contracted to 1.8K tons in 2022, with a decrease of -10.3% on the previous year. Overall, exports saw a pronounced setback. The growth pace was the most rapid in 2021 with an increase of 23%.
In value terms, vulcanised rubber mats exports fell sharply to $2.3M in 2022. In general, exports saw a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 7.6%.
| Export of Vulcanised Rubber Mats in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 347 | 367 | 408 | 326 | -2.1% |
| Israel | 234 | 195 | 234 | 302 | 8.9% |
| Lithuania | 210 | 183 | 270 | 301 | 12.7% |
| Finland | 118 | 165 | 269 | 280 | 33.4% |
| Netherlands | 197 | 244 | 240 | 168 | -5.2% |
| Estonia | 341 | 168 | 192 | 145 | -24.8% |
| Norway | 16.3 | 29.1 | 133 | 129 | 99.3% |
| Denmark | 38.1 | 73.2 | 153 | 127 | 49.4% |
| Sweden | 1,174 | 766 | 593 | 113 | -54.2% |
| Belgium | 575 | 483 | 365 | 79.7 | -48.2% |
| Germany | 133 | 92.7 | 137 | 59.9 | -23.3% |
| Ireland | 68.4 | 30.0 | 95.3 | 59.1 | -4.8% |
| Others | 192 | 240 | 179 | 164 | -5.1% |
| Total | 3,645 | 3,036 | 3,268 | 2,253 | -14.8% |
Top Export Markets for Vulcanised Rubber Mats from Latvia in 2022:
- Finland (308.1 tons)
- Israel (296.9 tons)
- United Kingdom (281.1 tons)
- Lithuania (203.3 tons)
- Sweden (133.7 tons)
- Denmark (119.2 tons)
- Norway (80.9 tons)
- Estonia (79.0 tons)
- Germany (71.0 tons)
- Belgium (39.1 tons)
- Netherlands (36.4 tons)
- Ireland (31.2 tons)
Vulcanised Rubber Mats Imports in Latvia
In 2022, the amount of floor coverings and mats of vulcanised rubber imported into Latvia contracted to 452 tons, waning by -5.2% compared with the previous year. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 35% against the previous year. As a result, imports attained the peak of 476 tons, and then contracted in the following year.
In value terms, vulcanised rubber mats imports shrank to $1.7M in 2022. The total import value increased at an average annual rate of +5.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 37% against the previous year. As a result, imports attained the peak of $1.9M, and then shrank in the following year.
| Import of Vulcanised Rubber Mats in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 411 | 434 | 551 | 508 | 7.3% |
| Germany | 209 | 201 | 228 | 219 | 1.6% |
| India | 94.5 | 66.5 | 109 | 186 | 25.3% |
| Estonia | 115 | 118 | 167 | 166 | 13.0% |
| Czech Republic | 137 | 107 | 129 | 155 | 4.2% |
| Lithuania | 86.8 | 64.1 | 111 | 122 | 12.0% |
| Finland | 76.4 | 66.7 | 101 | 95.1 | 7.6% |
| Denmark | 0.1 | 16.1 | 57.1 | 60.3 | 744.8% |
| China | 34.1 | 7.0 | 33.8 | 28.1 | -6.2% |
| Thailand | 12.5 | N/A | 22.8 | 23.1 | 22.7% |
| Canada | 40.9 | N/A | 17.1 | N/A | -35.3% |
| Others | 275 | 285 | 348 | 167 | -15.3% |
| Total | 1,492 | 1,365 | 1,875 | 1,729 | 5.0% |
Top Suppliers of Vulcanised Rubber Mats to Latvia in 2022:
- India (131.0 tons)
- Poland (106.1 tons)
- Germany (46.8 tons)
- Lithuania (40.7 tons)
- Estonia (36.5 tons)
- Finland (16.1 tons)
- Thailand (14.8 tons)
- Denmark (13.5 tons)
- China (10.8 tons)
- Czech Republic (8.6 tons)
This report provides an in-depth analysis of the vulcanised rubber mats 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 22197200 - Floor coverings and mats of vulcanised rubber, non-cellular
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
-
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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