Latvia - Textile Wall Coverings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTextile Wall Covering Price in Latvia - 2023
Contents:
- Textile Wall Covering Price in Latvia (CIF) - 2022
- Textile Wall Covering Price in Latvia (FOB) - 2022
- Textile Wall Covering Imports in Latvia
- Textile Wall Covering Exports in Latvia
Textile Wall Covering Price in Latvia (CIF) - 2022
In 2022, the average textile wall covering import price amounted to $8.3 per square meter, reducing by -44.9% against the previous year. In general, the import price showed a pronounced setback. The pace of growth was the most pronounced in 2013 when the average import price increased by 52%. The import price peaked at $21 per square meter in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
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 France ($126 per square meter), while the price for China ($5.5 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cyprus (+32.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Textile Wall Covering Price in Latvia (FOB) - 2022
The average textile wall covering export price stood at $168 per square meter in 2022, growing by 73% against the previous year. In general, the export price saw significant growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 239% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($350 per square meter), while the average price for exports to Belarus ($19 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 the United Arab Emirates (+106.2%), while the prices for the other major destinations experienced more modest paces of growth.
Textile Wall Covering Imports in Latvia
For the fourth consecutive year, Latvia recorded growth in purchases abroad of textile wall coverings, which increased by 93% to 17K square meters in 2022. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, textile wall covering imports expanded significantly to $144K in 2022. The total import value increased at an average annual rate of +4.0% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 22%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Textile Wall Covering in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 52.2 | 9.2 | 52.0 | 80.9 | 15.7% |
| Lithuania | 31.3 | 34.7 | 25.5 | 18.5 | -16.1% |
| Germany | 7.0 | 9.5 | 6.2 | 8.0 | 4.6% |
| Italy | 21.7 | 9.5 | 27.7 | 2.4 | -52.0% |
| Hong Kong SAR | N/A | 12.9 | N/A | N/A | 0% |
| Others | 16.2 | 35.1 | 24.3 | 34.3 | 28.4% |
| Total | 128 | 111 | 136 | 144 | 4.0% |
Top Suppliers of Textile Wall Covering to Latvia in 2022:
- Italy (undefinedK square meters)
- China (14.7K square meters)
- Lithuania (2.0K square meters)
- Germany (0.2K square meters)
Textile Wall Covering Exports in Latvia
For the fourth consecutive year, Latvia recorded growth in overseas shipments of textile wall coverings, which increased by 56% to 755 square meters in 2022. Over the period under review, exports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 437% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in years to come.
In value terms, textile wall covering exports surged to $127K in 2022. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 844% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Textile Wall Covering in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 62.4 | 0% |
| Russia | 2.2 | 31.8 | 40.3 | 22.3 | 116.4% |
| United Arab Emirates | 0.8 | N/A | N/A | 16.8 | 175.9% |
| Kazakhstan | N/A | N/A | N/A | 10.4 | 0% |
| Estonia | N/A | 0.6 | 6.6 | 5.7 | 208.2% |
| Kyrgyzstan | N/A | N/A | N/A | 1.4 | 0% |
| Belarus | N/A | N/A | N/A | 0.5 | 0% |
| Others | 0.6 | 0.7 | N/A | 7.2 | 128.9% |
| Total | 3.5 | 33.1 | 46.9 | 127 | 231.1% |
Top Export Markets for Textile Wall Covering from Latvia in 2022:
- United States (178.0 square meters)
- Russia (178.0 square meters)
- Estonia (142.0 square meters)
- Kazakhstan (129.0 square meters)
- United Arab Emirates (72.0 square meters)
- Belarus (25.0 square meters)
- Kyrgyzstan (18.0 square meters)
This report provides an in-depth analysis of the textile wall covering market 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 17241200 - Textile wall coverings
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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This report provides an in-depth analysis of the textile wall covering market in Latvia.
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This report provides an in-depth analysis of the global textile wall covering market.
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This report provides an in-depth analysis of the textile wall covering market in Latvia.
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This report provides an in-depth analysis of the global textile wall covering market.
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