Latvia - Soap And Organic Surface-Active Products In Bars (For Toilet Use) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Soap in Bars for Toilet Use in Latvia - 2023
Contents:
- Price for Soap in Bars for Toilet Use in Latvia (FOB) - 2023
- Price for Soap in Bars for Toilet Use in Latvia (CIF) - 2023
- Exports of Soap in Bars for Toilet Use in Latvia
- Imports of Soap in Bars for Toilet Use in Latvia
Price for Soap in Bars for Toilet Use in Latvia (FOB) - 2023
In September 2023, the average export price for soap and organic surface-active products in bars for toilet use amounted to $5,839 per ton, declining by -14.6% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +2.3%. The pace of growth was the most pronounced in July 2023 an increase of 33% against the previous month. The export price peaked at $6,836 per ton in August 2023, and then contracted in the following month.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was China ($11,844 per ton), while the average price for exports to Russia ($2,551 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Soap in Bars for Toilet Use in Latvia (CIF) - 2023
The average import price for soap and organic surface-active products in bars for toilet use stood at $2,797 per ton in September 2023, dropping by -2.1% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 28% against the previous month. As a result, import price attained the peak level of $3,035 per ton. From July 2023 to September 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Estonia ($5,594 per ton), while the price for Ukraine ($2,340 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Soap in Bars for Toilet Use in Latvia
In 2022, shipments abroad of soap and organic surface-active products in bars for toilet use decreased by -8.5% to 758 tons, falling for the second consecutive year after two years of growth. In general, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +7.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -25.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 67% against the previous year. As a result, the exports reached the peak of 1K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of soap and organic surface-active products in bars for toilet use reduced notably to $3.3M in 2022. Overall, total exports indicated a perceptible expansion from 2019 to 2022: its value increased at an average annual rate of +3.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -32.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 62%. As a result, the exports reached the peak of $4.9M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
Export of Soap in Bars for Toilet Use in Latvia (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 599 | 1,326 | 1,145 | 655 | 3.0% |
Lithuania | 380 | 413 | 340 | 371 | -0.8% |
Estonia | 218 | 275 | 263 | 354 | 17.5% |
Poland | 100 | 155 | 165 | 306 | 45.2% |
Spain | 137 | 199 | 220 | 224 | 17.8% |
Russia | 327 | 795 | 534 | 203 | -14.7% |
Germany | 204 | 337 | 535 | 198 | -1.0% |
Sweden | 0.3 | 0.5 | 2.1 | 123 | 642.9% |
Czech Republic | 45.0 | 66.0 | 135 | 122 | 39.4% |
Slovakia | 23.5 | 79.2 | 131 | 88.6 | 55.6% |
Portugal | 41.4 | 24.5 | 74.9 | 50.3 | 6.7% |
Greece | 4.6 | 32.3 | 9.3 | 47.6 | 117.9% |
United Kingdom | 357 | 644 | 96.8 | 26.1 | -58.2% |
Others | 615 | 596 | 595 | 561 | -3.0% |
Total | 3,051 | 4,941 | 4,244 | 3,329 | 2.9% |
Top Export Markets for Soap in Bars for Toilet Use from Latvia in 2022:
- Estonia (128.0 tons)
- Poland (111.8 tons)
- Lithuania (97.3 tons)
- China (70.9 tons)
- Russia (70.2 tons)
- Spain (50.3 tons)
- Slovakia (34.3 tons)
- Germany (30.7 tons)
- Czech Republic (23.4 tons)
- Sweden (21.9 tons)
- Portugal (16.1 tons)
- Greece (15.8 tons)
- United Kingdom (5.4 tons)
Imports of Soap in Bars for Toilet Use in Latvia
In 2022, purchases abroad of soap and organic surface-active products in bars for toilet use decreased by -2% to 1.2K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +6.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 45% against the previous year. As a result, imports reached the peak of 1.5K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of soap and organic surface-active products in bars for toilet use fell to $3M in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 25% against the previous year. As a result, imports attained the peak of $3.8M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
Import of Soap in Bars for Toilet Use in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 1,040 | 1,469 | 1,499 | 1,304 | 7.8% |
Germany | 512 | 344 | 362 | 479 | -2.2% |
Lithuania | 211 | 209 | 202 | 247 | 5.4% |
Estonia | 147 | 214 | 194 | 164 | 3.7% |
Italy | 229 | 315 | 216 | 154 | -12.4% |
Ukraine | 17.8 | 43.2 | 55.5 | 153 | 104.8% |
Russia | 226 | 428 | 279 | 116 | -19.9% |
Turkey | 33.4 | 79.8 | 76.0 | 65.4 | 25.1% |
Czech Republic | 83.3 | 115 | 32.9 | 11.0 | -49.1% |
United Arab Emirates | 217 | 259 | 19.9 | N/A | -69.7% |
Others | 292 | 299 | 431 | 318 | 2.9% |
Total | 3,009 | 3,775 | 3,367 | 3,012 | 0.0% |
Top Suppliers of Soap in Bars for Toilet Use to Latvia in 2022:
- Poland (629.5 tons)
- Germany (169.1 tons)
- Ukraine (80.0 tons)
- Lithuania (70.7 tons)
- Turkey (54.1 tons)
- Russia (48.4 tons)
- Estonia (43.8 tons)
- Italy (38.8 tons)
- Czech Republic (2.9 tons)
This report provides an in-depth analysis of the market for soap in bars for toilet use 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 20421915 - Soap and organic surface-active products in bars, etc., for toilet use
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
-
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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In 2016, the amount of soap imported worldwide totaled X tons, ascending by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the peri...
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