Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Latvia - 2023
Contents:
- Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Latvia (CIF) - 2023
- Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Latvia (FOB) - 2022
- Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Latvia
- Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Latvia
Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Latvia (CIF) - 2023
In December 2023, the average import price for woven fabrics of carded wool or of carded fine animal hair amounted to $15.5 per square meter, increasing by 47% against the previous month. Overall, the import price showed slight growth. The pace of growth appeared the most rapid in August 2023 an increase of 150% month-to-month. As a result, import price attained the peak level of $29.6 per square meter. From September 2023 to December 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($44.8 per square meter), while the price for Italy ($5.6 per square meter) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Sweden (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Latvia (FOB) - 2022
The average export price for woven fabrics of carded wool or of carded fine animal hair stood at $15 per square meter in 2022, reducing by -41% against the previous year. Over the period under review, the export price, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2021 an increase of 102%. As a result, the export price reached the peak level of $26 per square meter, and then reduced notably in the following year.
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 Kyrgyzstan ($84 per square meter), while the average price for exports to Ireland ($6.4 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+28.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Latvia
In 2022, supplies from abroad of woven fabrics of carded wool or of carded fine animal hair decreased by -12% to 221K square meters for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 167%. Imports peaked at 252K square meters in 2021, and then fell in the following year.
In value terms, imports of woven fabrics of carded wool or of carded fine animal hair declined notably to $1.9M in 2022. Over the period under review, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 127% against the previous year. Imports peaked at $2.4M in 2021, and then contracted rapidly in the following year.
| Import of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 219 | 1,064 | 1,746 | 1,230 | 77.8% |
| Denmark | 199 | 191 | 181 | 283 | 12.5% |
| Italy | 50.8 | 38.9 | 131 | 146 | 42.2% |
| Sweden | 29.0 | 24.1 | 69.8 | 100 | 51.1% |
| Others | 139 | 129 | 228 | 105 | -8.9% |
| Total | 637 | 1,447 | 2,355 | 1,864 | 43.0% |
Top Suppliers of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair to Latvia in 2022:
- Ireland (166.1K square meters)
- Denmark (37.5K square meters)
- Italy (9.9K square meters)
- Sweden (3.3K square meters)
Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Latvia
In 2022, the amount of woven fabrics of carded wool or of carded fine animal hair exported from Latvia dropped notably to 13K square meters, waning by -23.7% compared with the previous year. Overall, exports saw a sharp slump. The smallest decline of -15.4% was in 2021. The exports peaked at 25K square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of woven fabrics of carded wool or of carded fine animal hair declined markedly to $196K in 2022. Over the period under review, exports saw a pronounced slump. The pace of growth appeared the most rapid in 2021 when exports increased by 71%. As a result, the exports reached the peak of $434K, and then reduced markedly in the following year.
| Export of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 14.2 | 71.2 | 293 | 54.2 | 56.3% |
| Ireland | 45.1 | 0.1 | 36.9 | 39.7 | -4.2% |
| Kyrgyzstan | N/A | N/A | N/A | 31.8 | 0% |
| South Korea | N/A | N/A | N/A | 24.5 | 0% |
| Turkey | N/A | N/A | N/A | 18.7 | 0% |
| Belarus | 59.9 | 179 | N/A | 15.2 | -36.7% |
| Norway | N/A | N/A | 2.8 | 4.0 | 42.9% |
| North Macedonia | 93.3 | 0.6 | N/A | N/A | -99.4% |
| Ukraine | N/A | N/A | 102 | N/A | 0% |
| Others | 5.8 | 3.2 | 0.4 | 7.6 | 9.4% |
| Total | 218 | 255 | 434 | 196 | -3.5% |
Top Export Markets for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair from Latvia in 2022:
- Ireland (6.2K square meters)
- South Korea (2.3K square meters)
- Turkey (1.4K square meters)
- Russia (1.3K square meters)
- Norway (0.5K square meters)
- Kyrgyzstan (0.4K square meters)
- Belarus (0.3K square meters)
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