Report Update: May 1, 2024

Latvia - Bedspreads (Excluding Eiderdowns) - Market Analysis, Forecast, Size, Trends And Insights

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Bedspread Price in Latvia - 2023

Bedspread Price in Latvia (FOB) - 2023

The average bedspread export price stood at $32.2 per unit in September 2023, rising by 8% against the previous month. In general, export price indicated a strong expansion from September 2022 to September 2023: its price increased at an average monthly rate of +5.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, bedspread export price increased by +53.2% against May 2023 indices. The most prominent rate of growth was recorded in December 2022 an increase of 93% against the previous month. As a result, the export price attained the peak level of $42.3 per unit. From January 2023 to September 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($193 per unit), while the average price for exports to Lithuania ($9.7 per unit) 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 (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Bedspread Price in Latvia (CIF) - 2022

In 2022, the average bedspread import price amounted to $12 per unit, growing by 14% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 73% against the previous year. As a result, import price reached the peak level of $12 per unit; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($37 per unit), while the price for Poland ($11 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+20.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Bedspread Exports in Latvia

In 2022, exports of bedspreads (excluding eiderdowns) from Latvia dropped remarkably to 31K units, with a decrease of -29% on the previous year. Overall, exports recorded a deep downturn. The pace of growth was the most pronounced in 2021 when exports increased by 30% against the previous year. As a result, the exports attained the peak of 43K units, and then declined sharply in the following year.

In value terms, bedspread exports declined notably to $690K in 2022. Over the period under review, exports saw a noticeable slump. The most prominent rate of growth was recorded in 2021 when exports increased by 24% against the previous year. As a result, the exports attained the peak of $975K, and then shrank remarkably in the following year.

Export of Bedspread in Latvia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Sweden	646	655	802	496	-8.4%
Estonia	38.8	30.9	63.6	107	40.2%
Lithuania	25.9	27.2	68.9	59.0	31.6%
Russia	N/A	42.8	9.4	10.3	-50.9%
Belarus	19.7	12.0	14.1	2.8	-47.8%
Others	4.7	16.3	16.8	13.6	42.5%
Total	735	784	975	690	-2.1%

Top Export Markets for Bedspread from Latvia in 2022:

Sweden (22.8K units)
Estonia (4.3K units)
Lithuania (2.5K units)
Russia (0.8K units)
Belarus (0.2K units)

Bedspread Imports in Latvia

In 2022, the amount of bedspreads (excluding eiderdowns) imported into Latvia reduced to 42K units, which is down by -11% compared with the year before. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +12.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.6% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 73% against the previous year. As a result, imports attained the peak of 47K units, and then shrank in the following year.

In value terms, bedspread imports reached $515K in 2022. Over the period under review, imports, however, saw significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 59%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Import of Bedspread in Latvia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	110	118	218	278	36.2%
Lithuania	46.0	58.5	134	76.8	18.6%
Portugal	16.2	21.8	26.4	27.1	18.7%
Germany	27.4	22.4	34.6	24.1	-4.2%
Estonia	4.2	36.4	9.9	19.6	67.1%
Denmark	N/A	10.9	1.7	16.9	24.5%
Turkey	6.7	10.1	10.5	15.4	32.0%
Netherlands	N/A	N/A	0.4	10.2	2450.0%
India	16.7	0.1	0.2	0.5	-68.9%
Others	38.6	42.2	73.9	46.6	6.5%
Total	266	321	510	515	24.6%

Top Suppliers of Bedspread to Latvia in 2022:

Poland (26.3K units)
Lithuania (6.7K units)
Germany (2.1K units)
Denmark (1.5K units)
Portugal (1.1K units)
Turkey (0.8K units)
Netherlands (0.7K units)
Estonia (0.5K units)
India (0.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the bedspread 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 13921640 - Bedspreads (excluding eiderdowns)
Prodcom 13921660 - Furnishing articles including furniture and cushion covers as well as cushion covers, etc. for car seats (excluding blankets, t ravelling rugs, bed linen, table linen, toilet linen, kitchen linen, curtains, blinds, valances and bedspreads)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023