Latvia: Market for Moulded Or Pressed Articles Of Paper Pulp 2024

Market Size for Moulded Or Pressed Articles Of Paper Pulp in Latvia

After two years of growth, the Latvian paper pulp moulded articles market decreased by X% to $X in 2022. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Production of Moulded Or Pressed Articles Of Paper Pulp in Latvia

In value terms, paper pulp moulded articles production fell to $X in 2022 estimated in export price. In general, production recorded a abrupt decrease. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Paper pulp moulded articles production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Moulded Or Pressed Articles Of Paper Pulp

Exports from Latvia

In 2022, approx. X tons of moulded or pressed articles of paper pulp were exported from Latvia; waning by X% against the previous year's figure. In general, exports saw a abrupt contraction. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, paper pulp moulded articles exports stood at $X in 2022. Overall, exports saw a noticeable contraction. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Lithuania (X tons), Germany (X tons) and Estonia (X tons) were the main destinations of paper pulp moulded articles exports from Latvia, with a combined X% share of total exports.

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

In value terms, the largest markets for paper pulp moulded articles exported from Latvia were Germany ($X), Estonia ($X) and Lithuania ($X), together accounting for X% of total exports.

In terms of the main countries of destination, Germany, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average paper pulp moulded articles export price amounted to $X per ton, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in years to come.

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

Imports of Moulded Or Pressed Articles Of Paper Pulp

Imports into Latvia

In 2022, imports of moulded or pressed articles of paper pulp into Latvia declined to X tons, waning by X% on the year before. In general, imports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, paper pulp moulded articles imports stood at $X in 2022. Overall, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Denmark (X tons) constituted the largest paper pulp moulded articles supplier to Latvia, accounting for a X% share of total imports. Moreover, paper pulp moulded articles imports from Denmark exceeded the figures recorded by the second-largest supplier, Russia (X tons), fourfold. Estonia (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Denmark stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and Estonia (X% per year).

In value terms, Denmark ($X) constituted the largest supplier of moulded or pressed articles of paper pulp to Latvia, comprising X% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total imports. It was followed by Russia, with an X% share.

From 2012 to 2022, the average annual growth rate of value from Denmark totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and Russia (X% per year).

Import Prices by Country

In 2022, the average paper pulp moulded articles import price amounted to $X per ton, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

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

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

Source: IndexBox Platform

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