Latvia - Tiles of Cement, Concrete or Artificial Stone - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLatvia: Market for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone 2024
Market Size for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in Latvia
The Latvian market for tiles, flagstones and similar articles of cement, concrete or artificial stone reduced sharply to $X in 2023, falling by X% against the previous year. Overall, consumption, however, enjoyed a measured expansion. As a result, consumption attained the peak level of $X, and then shrank significantly in the following year.
Production of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in Latvia
In value terms, production of tiles, flagstones and similar articles of cement, concrete or artificial stone reduced markedly to $X in 2023 estimated in export price. Over the period under review, production, however, posted a moderate increase. The most prominent rate of growth was recorded in 2022 with an increase of X%. As a result, production attained the peak level of $X, and then contracted notably in the following year.
Exports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone
Exports from Latvia
In 2023, overseas shipments of tiles, flagstones and similar articles of cement, concrete or artificial stone increased by X% to X tons, rising for the third year in a row after five years of decline. Overall, exports, however, showed a drastic downturn. The growth pace was the most rapid in 2022 with an increase of X%. Over the period under review, the exports of hit record highs at X tons in 2015; however, from 2016 to 2023, the exports stood at a somewhat lower figure.
In value terms, exports of tiles, flagstones and similar articles of cement, concrete or artificial stone skyrocketed to $X in 2023. Over the period under review, exports, however, showed a abrupt curtailment. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2016; however, from 2017 to 2023, the exports remained at a lower figure.
Exports by Country
Estonia (X tons) and Lithuania (X tons) were the main destinations of exports of tiles, flagstones and similar articles of cement, concrete or artificial stone from Latvia.
From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lithuania (with a CAGR of X%).
In value terms, Estonia ($X) and Lithuania ($X) were the largest markets for tiles, flagstones and similar articles of cement, concrete or artificial stone exported from Latvia worldwide.
Lithuania, 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.
Export Prices by Country
In 2023, the average export price for tiles, flagstones and similar articles of cement, concrete or artificial stone amounted to $X per ton, dropping by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X%. The export price peaked at $X per ton in 2021; however, from 2022 to 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Estonia ($X per ton), while the average price for exports to Lithuania stood at $X per ton.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (X%).
Imports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone
Imports into Latvia
In 2023, imports of tiles, flagstones and similar articles of cement, concrete or artificial stone into Latvia contracted significantly to X tons, which is down by X% against the previous year's figure. Over the period under review, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2015 with an increase of X%. Imports peaked at X tons in 2016; however, from 2017 to 2023, imports stood at a somewhat lower figure.
In value terms, imports of tiles, flagstones and similar articles of cement, concrete or artificial stone reduced remarkably to $X in 2023. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, imports of reached the peak figure at $X in 2016; however, from 2017 to 2023, imports failed to regain momentum.
Imports by Country
Estonia (X tons), Finland (X tons) and Luxembourg (X tons) were the main suppliers of imports of tiles, flagstones and similar articles of cement, concrete or artificial stone to Latvia, together comprising X% of total imports.
From 2012 to 2023, the biggest increases were recorded for Finland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Estonia ($X), Lithuania ($X) and Poland ($X) appeared to be the largest tiles, flagstones and similar articles of cement, concrete or artificial stone suppliers to Latvia, together accounting for X% of total imports. Denmark, Finland, the Czech Republic, Luxembourg and Germany lagged somewhat behind, together comprising a further X%.
Finland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average import price for tiles, flagstones and similar articles of cement, concrete or artificial stone stood at $X per ton in 2023, growing by X% against the previous year. Over the period under review, the import price showed a buoyant increase. The pace of growth appeared the most rapid in 2019 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2020 to 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Lithuania ($X per ton), while the price for Luxembourg ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Belarus (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for tiles, flagstones and similar articles of cement, concrete or artificial stone 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 23611150 - Tiles, flagstones and similar articles of cement, concrete or artificial stone (excluding building blocks and bricks)
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
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