Price for Trade Advertising Material and Commercial Catalogue in Latvia - 2023
Contents:
- Price for Trade Advertising Material and Commercial Catalogue in Latvia (FOB) - 2022
- Price for Trade Advertising Material and Commercial Catalogue in Latvia (CIF) - 2023
- Exports of Trade Advertising Material and Commercial Catalogue in Latvia
- Imports of Trade Advertising Material and Commercial Catalogue in Latvia
Price for Trade Advertising Material and Commercial Catalogue in Latvia (FOB) - 2022
In 2022, the average export price for trade advertising materials and commercial catalogues amounted to $7,228 per ton, surging by 6.4% against the previous year. In general, the export price posted a tangible expansion. The pace of growth was the most pronounced in 2017 an increase of 48%. The export price peaked 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 Denmark ($17,932 per ton), while the average price for exports to Germany ($3,280 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 Russia (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Trade Advertising Material and Commercial Catalogue in Latvia (CIF) - 2023
The average import price for trade advertising materials and commercial catalogues stood at $9,101 per ton in October 2023, surging by 235% against the previous month. Over the period under review, the import price saw a prominent increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Lithuania ($4,024 per ton), while the price for Poland ($2,388 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Estonia (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Trade Advertising Material and Commercial Catalogue in Latvia
In 2022, the amount of trade advertising materials and commercial catalogues exported from Latvia reduced to 1.8K tons, shrinking by -13.2% compared with 2021 figures. Over the period under review, exports recorded a deep slump. The pace of growth appeared the most rapid in 2021 when exports increased by 6.5%.
In value terms, exports of trade advertising materials and commercial catalogues contracted to $13M in 2022. The total export value increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 34%. As a result, the exports attained the peak of $14M, and then fell in the following year.
| Export of Trade Advertising Material and Commercial Catalogue in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 2.6 | 1.9 | 4.8 | 3.8 | 13.5% |
| Denmark | 2.0 | 1.1 | 1.4 | 2.0 | 0.0% |
| Sweden | 1.5 | 1.9 | 1.6 | 2.0 | 10.1% |
| Germany | 0.8 | 0.8 | 1.0 | 1.4 | 20.5% |
| Estonia | 1.1 | 1.1 | 1.0 | 1.0 | -3.1% |
| Lithuania | 1.1 | 1.0 | 0.9 | 0.8 | -10.1% |
| Finland | 0.9 | 0.6 | 0.5 | 0.5 | -17.8% |
| Poland | 0.8 | 1.2 | 1.5 | 0.4 | -20.6% |
| Others | 0.9 | 1.1 | 1.4 | 1.1 | 6.9% |
| Total | 11.6 | 10.6 | 14.2 | 13.1 | 4.1% |
Top Export Markets for Trade Advertising Material and Commercial Catalogue from Latvia in 2022:
- Norway (664.8 tons)
- Germany (436.4 tons)
- Sweden (218.9 tons)
- Denmark (113.4 tons)
- Estonia (97.7 tons)
- Lithuania (70.8 tons)
- Finland (47.1 tons)
- Poland (46.9 tons)
Imports of Trade Advertising Material and Commercial Catalogue in Latvia
In 2022, after two years of decline, there was significant growth in purchases abroad of trade advertising materials and commercial catalogues, when their volume increased by 33% to 2.5K tons. Over the period under review, imports, however, showed a pronounced contraction.
In value terms, imports of trade advertising materials and commercial catalogues soared to $6.1M in 2022. The total import value increased at an average annual rate of +2.5% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Trade Advertising Material and Commercial Catalogue in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 1.4 | 1.7 | 2.5 | 2.9 | 27.5% |
| Estonia | 2.1 | 1.6 | 1.0 | 1.5 | -10.6% |
| Lithuania | 0.5 | 0.8 | 0.7 | 0.4 | -7.2% |
| Czech Republic | 0.8 | 0.3 | N/A | N/A | -62.5% |
| Others | 0.8 | 0.8 | 0.9 | 1.3 | 17.6% |
| Total | 5.6 | 5.2 | 5.2 | 6.1 | 2.9% |
Top Suppliers of Trade Advertising Material and Commercial Catalogue to Latvia in 2022:
- Estonia (1196.2 tons)
- Poland (1039.8 tons)
- Lithuania (138.5 tons)
- Czech Republic (1.8 tons)
Nothing found. Please try again.
Nothing found. Please try again.
Nothing found. Please try again.
