Report Update Apr 1, 2024

Latvia - Linoleum - Market Analysis, Forecast, Size, Trends and Insights

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Latvia: Linoleum Market 2024

Linoleum Market Size in Latvia

In 2022, the Latvian linoleum market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption, however, continues to indicate a resilient expansion. Over the period under review, the market attained the maximum level at $X in 2021, and then contracted markedly in the following year.

Linoleum Exports

Exports from Latvia

In 2022, after three years of decline, there was significant growth in overseas shipments of linoleum, when their volume increased by X% to X square meters. Over the period under review, exports, however, continue to indicate a abrupt curtailment. Over the period under review, the exports attained the peak figure at X square meters in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, linoleum exports skyrocketed to $X in 2022. Overall, exports, however, recorded a abrupt shrinkage. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Estonia (X square meters) was the main destination for linoleum exports from Latvia, accounting for a X% share of total exports. Moreover, linoleum exports to Estonia exceeded the volume sent to the second major destination, Norway (X square meters), fourfold.

From 2012 to 2022, the average annual growth rate of volume to Estonia totaled X%.

From 2012 to 2022, the average annual rate of growth in terms of value to Estonia amounted to X%.

Export Prices by Country

In 2022, the average linoleum export price amounted to $X per square meter, jumping by X% against the previous year. Over the period under review, the export price showed a noticeable expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per square meter in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($X per square meter), while the average price for exports to Norway totaled $X per square meter.

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

Linoleum Imports

Imports into Latvia

In 2022, purchases abroad of linoleum decreased by X% to X square meters for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, saw buoyant growth. The pace of growth was the most pronounced in 2013 when imports increased by X%. Over the period under review, imports reached the maximum at X square meters in 2021, and then shrank dramatically in the following year.

In value terms, linoleum imports declined dramatically to $X in 2022. Overall, imports, however, continue to indicate a resilient increase. The growth pace was the most rapid in 2013 when imports increased by X%. Imports peaked at $X in 2021, and then declined markedly in the following year.

Imports by Country

Poland (X square meters), the Netherlands (X square meters) and Ukraine (X square meters) were the main suppliers of linoleum imports to Latvia, together accounting for X% of total imports. Sweden, France, Finland, Germany and Lithuania lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest linoleum suppliers to Latvia were the Netherlands ($X), Poland ($X) and Finland ($X), together accounting for X% of total imports.

Among the main suppliers, Finland, with a CAGR of X%, recorded the highest rates of growth with regard to 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 linoleum import price stood at $X per square meter in 2022, shrinking by X% against the previous year. Overall, the import price saw a slight decline. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, import price reached the peak level of $X per square meter. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($X per square meter), while the price for Ukraine ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for linoleum in the world?

The countries with the highest volumes of consumption in 2023 were China, the United States and India, together accounting for 48% of global consumption. Russia, Pakistan, Indonesia, the UK, Bangladesh, Turkey, Germany, France, South Korea and Canada lagged somewhat behind, together comprising a further 25%.

What are the largest producers of linoleum in the world?

The countries with the highest volumes of production in 2022 were China, the United States and India, together comprising 50% of global production. Russia, Indonesia, Pakistan, the UK, Bangladesh, Turkey, France, South Korea, Germany and Canada lagged somewhat behind, together accounting for a further 25%.

What are the leading suppliers of linoleum to Latvia?

In value terms, the largest linoleum suppliers to Latvia were the Netherlands, Poland and Finland, with a combined 82% share of total imports.

What is the average export price for linoleum in Latvia?

In 2022, the average linoleum export price amounted to $23 per square meter, with an increase of 35% against the previous year.

What is the average import price for linoleum in Latvia?

In 2022, the average linoleum import price amounted to $12 per square meter, dropping by -4.7% against the previous year.

This report provides an in-depth analysis of the linoleum 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 22231500 - Linoleum, floor coverings consisting of a coating or covering applied on a textile backing (excluding sheets and plates of linoleum compounds)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023