Wooden Particle Board Price in Latvia - 2023

Contents:

1. Wooden Particle Board Price in Latvia (CIF) - 2022
2. Wooden Particle Board Price in Latvia (FOB) - 2022
3. Wooden Particle Board Imports in Latvia
4. Wooden Particle Board Exports in Latvia

Wooden Particle Board Price in Latvia (CIF) - 2022

The average wooden particle board import price stood at $240 per cubic meter in 2022, declining by -29.9% against the previous year. In general, the import price showed a deep contraction. The growth pace was the most rapid in 2021 when the average import price increased by 67% against the previous year. The import price peaked at $591 per cubic meter in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($256 per cubic meter), while the price for Switzerland stood at $148 per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+23.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Wooden Particle Board Price in Latvia (FOB) - 2022

In 2022, the average wooden particle board export price amounted to $1,249 per cubic meter, jumping by 65% against the previous year. Over the period under review, the export price saw a buoyant increase. The pace of growth appeared the most rapid in 2019 an increase of 97% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($1,848 per cubic meter), while the average price for exports to Iceland stood at $790 per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+15.3%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Particle Board Imports in Latvia

In 2022, overseas purchases of wooden particle board decreased by -97.6% to 183 cubic meters, falling for the second consecutive year after two years of growth. In general, imports showed a sharp descent. The growth pace was the most rapid in 2020 when imports increased by 5.4% against the previous year. As a result, imports reached the peak of 11K cubic meters. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, wooden particle board imports reduced notably to $44K in 2022. Over the period under review, imports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. As a result, imports attained the peak of $2.6M, and then contracted remarkably in the following year.

Top Suppliers of Wooden Particle Board to Latvia in 2022:

1. Poland (157.0 cubic meters)
2. Switzerland (26.0 cubic meters)

Wooden Particle Board Exports in Latvia

In 2022, overseas shipments of wooden particle board decreased by -19.7% to 175 cubic meters, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,117%. As a result, the exports reached the peak of 706 cubic meters. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, wooden particle board exports skyrocketed to $219K in 2022. In general, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 1,496%. As a result, the exports reached the peak of $654K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Top Export Markets for Wooden Particle Board from Latvia in 2022:

1. Iceland (99.0 cubic meters)
2. Norway (76.0 cubic meters)

Source: IndexBox Market Intelligence Platform