Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Latvia - 2023

Contents:

1. Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Latvia (CIF) - 2022
2. Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Latvia (FOB) - 2022
3. Imports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Latvia
4. Exports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Latvia

Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Latvia (CIF) - 2022

The average import price for handbags with outer surface of plastic sheeting or of textile materialses stood at $16 per unit in 2022, approximately equating the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 49% against the previous year. As a result, import price attained the peak level of $16 per unit, and then contracted in the following year.

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 Italy ($37 per unit), while the price for Poland ($4.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Latvia (FOB) - 2022

In 2022, the average export price for handbags with outer surface of plastic sheeting or of textile materialses amounted to $28 per unit, increasing by 34% against the previous year. In general, the export price continues to indicate a strong increase. The pace of growth appeared the most rapid in 2019 an increase of 72%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

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 the United States ($45 per unit), while the average price for exports to Estonia ($6.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Latvia

In 2022, imports of handbags with outer surface of plastic sheeting or of textile materialses into Latvia skyrocketed to 777K units, increasing by 23% compared with the previous year. The total import volume increased at an average annual rate of +1.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of handbags with outer surface of plastic sheeting or of textile materialses skyrocketed to $12M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +7.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +100.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 65% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials to Latvia in 2022:

1. Poland (279.1K units)
2. Italy (158.8K units)
3. China (116.4K units)
4. Germany (53.2K units)
5. Lithuania (49.7K units)
6. Estonia (39.0K units)
7. Spain (31.1K units)
8. Netherlands (13.0K units)

Exports of Handbags with Outer Surface of Plastic Sheeting or of Textile Materials in Latvia

In 2022, the amount of handbags with outer surface of plastic sheeting or of textile materialses exported from Latvia dropped slightly to 275K units, declining by -3.1% against the year before. The total export volume increased at an average annual rate of +2.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 16% against the previous year. As a result, the exports reached the peak of 283K units, and then fell modestly in the following year.

In value terms, exports of handbags with outer surface of plastic sheeting or of textile materialses soared to $7.7M in 2022. The total export value increased at an average annual rate of +7.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Handbags with Outer Surface of Plastic Sheeting or of Textile Materials from Latvia in 2022:

1. Russia (145.6K units)
2. Lithuania (61.9K units)
3. Estonia (20.2K units)
4. United States (6.4K units)
5. Netherlands (5.8K units)
6. Croatia (5.7K units)

Source: IndexBox Market Intelligence Platform