Latvia - Spools, Cops, Bobbins And Similar Supports Of Plastics - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPlastic Supports Price in Latvia - 2023
Contents:
- Plastic Supports Price in Latvia (CIF) - 2022
- Plastic Supports Price in Latvia (FOB) - 2022
- Plastic Supports Imports in Latvia
- Plastic Supports Exports in Latvia
Plastic Supports Price in Latvia (CIF) - 2022
In 2022, the average plastic supports import price amounted to $2,555 per ton, with an increase of 24% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 55%. The import price peaked at $3,351 per ton in 2014; however, from 2015 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 Germany ($7,945 per ton), while the price for Canada ($795 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Supports Price in Latvia (FOB) - 2022
In 2022, the average plastic supports export price amounted to $274 per ton, which is down by -87.7% against the previous year. Over the period under review, the export price showed a abrupt slump. The growth pace was the most rapid in 2018 when the average export price increased by 366% against the previous year. The export price peaked at $2,224 per ton in 2021, and then declined dramatically in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($855 per ton), while the average price for exports to Taiwan (Chinese) ($180 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (-1.9%), while the prices for the other major destinations experienced a decline.
Plastic Supports Imports in Latvia
In 2022, after three years of growth, there was significant decline in overseas purchases of spools, cops, bobbins and similar supports of plastics, when their volume decreased by -32.5% to 337 tons. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 32%. As a result, imports attained the peak of 500 tons, and then shrank markedly in the following year.
In value terms, plastic supports imports fell markedly to $862K in 2022. Over the period under review, imports showed a perceptible downturn. The most prominent rate of growth was recorded in 2021 with an increase of 8.9% against the previous year. As a result, imports reached the peak of $1M, and then dropped markedly in the following year.
Import of Plastic Supports in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lithuania | 265 | 231 | 247 | 229 | -4.8% |
Germany | 138 | 188 | 201 | 208 | 14.7% |
United States | 42.8 | 61.9 | 129 | 83.8 | 25.1% |
Sweden | 2.4 | 1.5 | 20.8 | 60.9 | 193.9% |
Czech Republic | 195 | 90.0 | N/A | 41.6 | -40.2% |
Turkey | 6.7 | 4.9 | 27.0 | 26.4 | 57.9% |
Russia | 87.9 | 41.9 | 180 | 20.0 | -39.0% |
Canada | N/A | 17.6 | 17.0 | 15.0 | -7.7% |
North Macedonia | 39.6 | 213 | 33.9 | 14.1 | -29.1% |
Others | 163 | 94.2 | 173 | 162 | -0.2% |
Total | 940 | 944 | 1,028 | 862 | -2.8% |
Top Suppliers of Plastic Supports to Latvia in 2022:
- Lithuania (127.0 tons)
- United States (80.2 tons)
- Germany (26.2 tons)
- Russia (21.3 tons)
- Canada (18.9 tons)
- Sweden (18.9 tons)
- Turkey (18.7 tons)
- North Macedonia (2.1 tons)
- Czech Republic (0.5 tons)
Plastic Supports Exports in Latvia
In 2022, the amount of spools, cops, bobbins and similar supports of plastics exported from Latvia skyrocketed to 371 tons, growing by 76% on the previous year. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 146% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, plastic supports exports fell dramatically to $102K in 2022. Over the period under review, exports, however, continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 234% against the previous year. As a result, the exports attained the peak of $469K, and then declined dramatically in the following year.
Export of Plastic Supports in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 3.3 | 5.2 | 0.7 | 44.8 | 138.6% |
China | N/A | N/A | N/A | 31.8 | 0% |
Mexico | 44.6 | N/A | N/A | 5.1 | -51.5% |
Spain | N/A | 37.2 | 149 | N/A | 300.5% |
Russia | N/A | N/A | 189 | N/A | 0% |
United States | 55.6 | N/A | N/A | N/A | 0% |
Romania | N/A | 22.7 | 8.7 | N/A | -61.7% |
Others | 22.3 | 75.4 | 122 | 20.1 | -3.4% |
Total | 126 | 140 | 469 | 102 | -6.8% |
Top Export Markets for Plastic Supports from Latvia in 2022:
- Taiwan (Chinese) (248.9 tons)
- China (109.3 tons)
- Mexico (6.0 tons)
This report provides an in-depth analysis of the plastic supports 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 22221910 - Spools, cops, bobbins and similar supports, of plastics
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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