Latvia - Woven Carpets And Other Woven Textile Coverings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWoven Carpet Price in Latvia - 2023
Contents:
- Woven Carpet Price in Latvia (CIF) - 2022
- Woven Carpet Price in Latvia (FOB) - 2022
- Woven Carpet Imports in Latvia
- Woven Carpet Exports in Latvia
Woven Carpet Price in Latvia (CIF) - 2022
The average woven carpet import price stood at $11 per square meter in 2022, with an increase of 3.9% against the previous year. Overall, the import price, however, showed a pronounced downturn. The growth pace was the most rapid in 2013 an increase of 26%. The import price peaked at $19 per square meter in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
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 Turkey ($46 per square meter), while the price for Ukraine ($5.7 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Woven Carpet Price in Latvia (FOB) - 2022
The average woven carpet export price stood at $11 per square meter in 2022, declining by -16.5% against the previous year. Overall, the export price showed a mild shrinkage. The most prominent rate of growth was recorded in 2013 an increase of 44%. As a result, the export price reached the peak level of $17 per square meter. From 2014 to 2022, the average export prices failed to regain momentum.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($14 per square meter), while the average price for exports to Lithuania ($10 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+0.9%), while the prices for the other major destinations experienced a decline.
Woven Carpet Imports in Latvia
After three years of growth, supplies from abroad of woven carpets and other woven textile coverings decreased by -5.5% to 222K square meters in 2022. The total import volume increased at an average annual rate of +2.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 8.9% against the previous year. Over the period under review, imports hit record highs at 235K square meters in 2021, and then dropped in the following year.
In value terms, woven carpet imports reduced slightly to $2.5M in 2022. The total import value increased at an average annual rate of +1.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 8.8%. As a result, imports attained the peak of $2.6M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Woven Carpet in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 652 | 737 | 894 | 785 | 6.4% |
Belgium | 282 | 350 | 190 | 440 | 16.0% |
Lithuania | 265 | 312 | 397 | 347 | 9.4% |
Germany | 203 | 211 | 204 | 208 | 0.8% |
Estonia | 50.4 | 52.4 | 40.2 | 124 | 35.0% |
Serbia | 69.6 | 208 | 116 | 103 | 14.0% |
China | 74.7 | 66.2 | 54.1 | 90.4 | 6.6% |
Moldova | 73.1 | 80.7 | 38.6 | 55.6 | -8.7% |
Ukraine | 47.5 | 51.2 | 61.5 | 48.3 | 0.6% |
Denmark | 264 | 39.0 | 47.9 | 46.0 | -44.1% |
Belarus | 186 | 270 | 336 | 43.4 | -38.4% |
Others | 243 | 244 | 197 | 238 | -0.7% |
Total | 2,410 | 2,622 | 2,576 | 2,529 | 1.6% |
Top Suppliers of Woven Carpet to Latvia in 2022:
- Poland (81.8K square meters)
- Lithuania (34.4K square meters)
- Belgium (33.7K square meters)
- Germany (14.9K square meters)
- China (11.7K square meters)
- Ukraine (8.4K square meters)
- Serbia (8.1K square meters)
- Moldova (6.8K square meters)
- Belarus (6.7K square meters)
- Estonia (5.4K square meters)
- Denmark (2.9K square meters)
Woven Carpet Exports in Latvia
In 2022, approx. 84K square meters of woven carpets and other woven textile coverings were exported from Latvia; with an increase of 21% compared with 2021 figures. Over the period under review, exports recorded significant growth. The growth pace was the most rapid in 2020 when exports increased by 109% against the previous year. As a result, the exports reached the peak of 93K square meters. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, woven carpet exports stood at $878K in 2022. In general, exports posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 138%. As a result, the exports reached the peak of $1M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Woven Carpet in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Estonia | 228 | 477 | 555 | 487 | 28.8% |
Lithuania | 180 | 313 | 184 | 369 | 27.0% |
Russia | 16.0 | 225 | 94.8 | 1.5 | -54.6% |
Others | 7.0 | 10.1 | 36.3 | 20.2 | 42.4% |
Total | 431 | 1,026 | 870 | 878 | 26.8% |
Top Export Markets for Woven Carpet from Latvia in 2022:
- Estonia (47.2K square meters)
- Lithuania (36.2K square meters)
- Russia (0.1K square meters)
This report provides an in-depth analysis of the woven carpet 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 13931200 - Woven carpets and other woven textile coverings (excluding tufted or flocked)
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
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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
This report provides an in-depth analysis of the woven carpet market in Latvia.
This report provides an in-depth analysis of the global woven carpet market.
This report provides an in-depth analysis of the woven carpet market in Latvia.
This report provides an in-depth analysis of the global woven carpet market.
Explore the top 10 countries that are importing the most woven carpets worldwide. Discover key statistics and import values for leading markets such as the United States, Germany, and the United Kingdom.
Explore the top 10 countries that are importing the most woven carpets worldwide. Discover key statistics and import values for leading markets such as the United States, Germany, and the United Kingdom.