Wooden Window Price in Latvia - 2022
Contents:
- Wooden Window Price in Latvia (FOB) - 2022
- Wooden Window Price in Latvia (CIF) - 2022
- Wooden Window Exports in Latvia
- Wooden Window Imports in Latvia
Wooden Window Price in Latvia (FOB) - 2022
The average wooden window export price stood at $852 per unit in December 2021, growing by 4% against the previous month. Over the last two-month period, it increased at an average monthly rate of +5.2%. The growth pace was the most rapid in November 2021 an increase of 6.5% against the previous month. The export price peaked in December 2021.
There were significant differences in the average prices for the major external markets. In December 2021, the country with the highest price was the UK ($605 per unit), while the average price for exports to Lithuania ($173 per unit) was amongst the lowest.
From October 2021 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Iceland (+23.9%), while the prices for the other major destinations experienced more modest paces of growth.
Wooden Window Price in Latvia (CIF) - 2022
In 2021, the average wooden window import price amounted to $443 per unit, with an increase of 14% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $550 per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($325 per unit), while the price for Russia ($31 per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+63.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Wooden Window Exports in Latvia
Wooden window exports from Latvia soared to 54K units in 2022, jumping by 29% compared with the previous year's figure. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 44% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, wooden window exports surged to $41M in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 51%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Wooden Window in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Sweden | 4.5 | 5.0 | 8.7 | 39.0% | |
| United Kingdom | 6.6 | 5.2 | 8.2 | 11.5% | |
| Iceland | 3.4 | 4.0 | 4.2 | 11.1% | |
| Switzerland | 2.2 | 1.7 | 3.8 | 31.4% | |
| Lithuania | 1.7 | 2.1 | 2.2 | 13.8% | |
| Estonia | 1.6 | 1.7 | 1.9 | 9.0% | |
| France | 1.0 | 0.5 | 1.5 | 22.5% | |
| Norway | 0.7 | 0.4 | 0.8 | 6.9% | |
| Others | 0.6 | 1.4 | 1.9 | 78.0% | |
| Total | 22.2 | 22.0 | 33.3 | 22.5% | |
Top Export Markets for Wooden Window from Latvia in 2022:
- Sweden (31.6K units)
- Switzerland (16.7K units)
- United Kingdom (15.5K units)
- Iceland (12.8K units)
- Lithuania (11.4K units)
- Estonia (7.3K units)
- France (4.6K units)
- Norway (4.4K units)
Wooden Window Imports in Latvia
In 2022, approx. 9.8K units of windows, french windows and their frames of wood were imported into Latvia; waning by -27.6% against 2021 figures. In general, imports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 28%. As a result, imports reached the peak of 14K units, and then contracted sharply in the following year.
In value terms, wooden window imports declined notably to $4.2M in 2022. Overall, imports recorded a deep reduction. The pace of growth was the most pronounced in 2021 when imports increased by 45%. As a result, imports attained the peak of $6M, and then contracted notably in the following year.
| Import of Wooden Window in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Hungary | 1,234 | 1,212 | 1,367 | 5.3% | |
| Poland | 1,424 | 1,135 | 1,254 | -6.2% | |
| Norway | 54.4 | 34.1 | 1,244 | 378.2% | |
| Germany | 808 | 788 | 932 | 7.4% | |
| Lithuania | 1,001 | 280 | 508 | -28.8% | |
| Estonia | 598 | 475 | 215 | -40.0% | |
| Russia | 0.6 | 1.3 | 92.3 | 1140.3% | |
| Denmark | 264 | N/A | N/A | 0% | |
| Others | 205 | 215 | 402 | 40.0% | |
| Total | 5,589 | 4,139 | 6,014 | 3.7% | |
Top Suppliers of Wooden Window to Latvia in 2022:
- Hungary (12.4K units)
- Poland (7.2K units)
- Germany (5.4K units)
- Norway (3.8K units)
- Russia (2.9K units)
- Lithuania (1.7K units)
- Estonia (1.3K units)
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