Latvia: Stationery Market 2024

Stationery Market Size in Latvia

The Latvian stationery market reduced slightly to $X in 2022, waning by X% against the previous year. Overall, consumption continues to indicate a abrupt setback. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Stationery Production in Latvia

In value terms, stationery production soared to $X in 2022 estimated in export price. In general, production, however, showed a deep slump. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

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Stationery Exports

Exports from Latvia

In 2022, after two years of growth, there was significant decline in shipments abroad of articles of stationery, when their volume decreased by X% to X tons. Overall, exports recorded a pronounced contraction. The pace of growth appeared the most rapid in 2021 with an increase of X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, stationery exports reduced notably to $X in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then reduced sharply in the following year.

Exports by Country

Lithuania (X tons) was the main destination for stationery exports from Latvia, accounting for a X% share of total exports. Moreover, stationery exports to Lithuania exceeded the volume sent to the second major destination, Estonia (X tons), fourfold. Germany (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Lithuania stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (X% per year) and Germany (X% per year).

In value terms, Lithuania ($X), Germany ($X) and Estonia ($X) constituted the largest markets for stationery exported from Latvia worldwide, with a combined X% share of total exports. France, Denmark, Sweden, Russia, the UK, Belarus and Switzerland lagged somewhat behind, together accounting for a further X%.

France, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average stationery export price stood at $X per ton in 2022, declining by X% against the previous year. In general, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, stationery export price decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2019 when the average export price increased by X%. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to the UK ($X 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 France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Stationery Imports

Imports into Latvia

In 2022, the amount of articles of stationery imported into Latvia contracted to X tons, with a decrease of X% against the previous year. In general, imports showed a mild shrinkage. The growth pace was the most rapid in 2013 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, stationery imports reduced to $X in 2022. Over the period under review, imports saw a noticeable downturn. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Lithuania (X tons), Poland (X tons) and Ukraine (X tons) were the main suppliers of stationery imports to Latvia, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Ukraine (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest stationery suppliers to Latvia were Lithuania ($X), Poland ($X) and Ukraine ($X), with a combined X% share of total imports.

In terms of the main suppliers, Ukraine, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average stationery import price stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the import price, however, recorded a perceptible shrinkage. The growth pace was the most rapid in 2016 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform