Latvia - Non-Woven, Felt and Coated Textile Garments - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Non-Woven, Felt and Coated Textile Garment in Latvia - 2023
Contents:
- Price for Non-Woven, Felt and Coated Textile Garment in Latvia (CIF) - 2023
- Price for Non-Woven, Felt and Coated Textile Garment in Latvia (FOB) - 2023
- Imports of Non-Woven, Felt and Coated Textile Garment in Latvia
- Exports of Non-Woven, Felt and Coated Textile Garment in Latvia
Price for Non-Woven, Felt and Coated Textile Garment in Latvia (CIF) - 2023
The average import price for non-woven, felt and coated textile garments stood at $22.8 per unit in August 2023, falling by -39% against the previous month. Over the period under review, the import price recorded a pronounced decrease. The growth pace was the most rapid in May 2023 when the average import price increased by 63% month-to-month. As a result, import price reached the peak level of $43.2 per unit. From June 2023 to August 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($163 per unit), while the price for Ukraine ($13.4 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Non-Woven, Felt and Coated Textile Garment in Latvia (FOB) - 2023
The average export price for non-woven, felt and coated textile garments stood at $50.7 per unit in August 2023, rising by 4.1% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.9%. The most prominent rate of growth was recorded in July 2023 an increase of 46% month-to-month. Over the period under review, the average export prices reached the peak figure in August 2023.
There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was Iceland ($93.4 per unit), while the average price for exports to Lithuania ($18.2 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Iceland (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Non-Woven, Felt and Coated Textile Garment in Latvia
In 2022, after three years of growth, there was significant decline in purchases abroad of non-woven, felt and coated textile garments, when their volume decreased by -34.1% to 477K units. Overall, imports, however, posted buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of 101% against the previous year. Over the period under review, imports of hit record highs at 724K units in 2021, and then shrank dramatically in the following year.
In value terms, imports of non-woven, felt and coated textile garments shrank to $12M in 2022. In general, imports, however, showed significant growth. The growth pace was the most rapid in 2020 with an increase of 195% against the previous year. As a result, imports attained the peak of $19M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Non-Woven, Felt and Coated Textile Garment in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 917 | 1,555 | 2,329 | 2,334 | 36.5% |
| Poland | 808 | 783 | 1,609 | 1,827 | 31.3% |
| China | 987 | 10,412 | 1,287 | 1,402 | 12.4% |
| Italy | 393 | 629 | 784 | 1,170 | 43.9% |
| Sweden | 762 | 1,287 | 1,764 | 1,095 | 12.8% |
| Spain | 254 | 405 | 320 | 992 | 57.5% |
| Estonia | 379 | 538 | 820 | 558 | 13.8% |
| Netherlands | 197 | 213 | 283 | 507 | 37.0% |
| Lithuania | 105 | 406 | 997 | 487 | 66.8% |
| Finland | 205 | 92.0 | 120 | 470 | 31.9% |
| Ukraine | 0.2 | 0.4 | 0.7 | 446 | 1206.5% |
| Russia | 31.1 | 2.6 | 10.2 | 248 | 99.8% |
| Belgium | 232 | 245 | 217 | 168 | -10.2% |
| Others | 1,166 | 2,425 | 3,033 | 743 | -13.9% |
| Total | 6,435 | 18,992 | 13,575 | 12,447 | 24.6% |
Top Suppliers of Non-Woven, Felt and Coated Textile Garment to Latvia in 2022:
- Poland (83.3K units)
- Germany (73.6K units)
- China (66.5K units)
- Sweden (59.4K units)
- Spain (31.8K units)
- Estonia (24.6K units)
- Lithuania (22.7K units)
- Netherlands (18.5K units)
- Italy (16.2K units)
- Russia (15.0K units)
- Finland (13.6K units)
- Belgium (12.1K units)
- Ukraine (10.8K units)
Exports of Non-Woven, Felt and Coated Textile Garment in Latvia
After three years of growth, shipments abroad of non-woven, felt and coated textile garments decreased by -24.1% to 327K units in 2022. Overall, exports continue to indicate a slight descent. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. As a result, the exports reached the peak of 431K units, and then shrank dramatically in the following year.
In value terms, exports of non-woven, felt and coated textile garments expanded remarkably to $12M in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +19.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 35% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.
| Export of Non-Woven, Felt and Coated Textile Garment in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 2,397 | 2,032 | 3,245 | 2,442 | 0.6% |
| Germany | 34.0 | 295 | 168 | 2,082 | 294.2% |
| Sweden | 144 | 482 | 722 | 2,045 | 142.2% |
| Russia | 631 | 1,826 | 1,644 | 1,890 | 44.1% |
| Denmark | 1,066 | 2,222 | 2,871 | 890 | -5.8% |
| Lithuania | 584 | 386 | 675 | 771 | 9.7% |
| Canada | 537 | 195 | 174 | 677 | 8.0% |
| Iceland | 611 | 405 | 542 | 459 | -9.1% |
| United Kingdom | 382 | 97.2 | 51.3 | 97.8 | -36.5% |
| Others | 615 | 1,483 | 1,122 | 630 | 0.8% |
| Total | 7,002 | 9,422 | 11,213 | 11,984 | 19.6% |
Top Export Markets for Non-Woven, Felt and Coated Textile Garment from Latvia in 2022:
- Estonia (75.3K units)
- Denmark (63.2K units)
- Russia (34.4K units)
- Lithuania (31.3K units)
- Sweden (30.0K units)
- Canada (28.3K units)
- Germany (23.1K units)
- Iceland (16.0K units)
- United Kingdom (5.0K units)
This report provides an in-depth analysis of the market for non-woven, felt and coated textile garment 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 14193200 - Garments made up of felt or non-wovens, textile fabrics impregnated or coated
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
-
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 market for non-woven, felt and coated textile garment in Latvia.
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This report provides an in-depth analysis of the global market for non-woven, felt and coated textile garment.
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This report provides an in-depth analysis of the market for non-woven, felt and coated textile garment in Latvia.
541
This report provides an in-depth analysis of the global market for non-woven, felt and coated textile garment.
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