Latvia - Albums For Samples, Collections, Stamps Or Photographs - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Latvia - Albums For Samples, Collections, Stamps Or Photographs - Market Analysis, Forecast, Size, Trends And Insights

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Price for Stamp and Photo Collection Album in Latvia - 2023

Contents:

  1. Price for Stamp and Photo Collection Album in Latvia (FOB) - 2022
  2. Price for Stamp and Photo Collection Album in Latvia (CIF) - 2022
  3. Exports of Stamp and Photo Collection Album in Latvia
  4. Imports of Stamp and Photo Collection Album in Latvia

Price for Stamp and Photo Collection Album in Latvia (FOB) - 2022

In 2022, the average export price for albums for samples, collections, stamps or photographs amounted to $13,277 per ton, remaining stable against the previous year. Overall, the export price showed a perceptible contraction. The pace of growth was the most pronounced in 2018 when the average export price increased by 16%. The export price peaked at $19,833 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($38,138 per ton), while the average price for exports to Estonia ($6,583 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 Denmark (+14.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Stamp and Photo Collection Album in Latvia (CIF) - 2022

The average import price for albums for samples, collections, stamps or photographs stood at $6,147 per ton in 2022, picking up by 14% against the previous year. Over the last decade, it increased at an average annual rate of +3.5%. The pace of growth appeared the most rapid in 2018 an increase of 16% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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 Lithuania ($8,721 per ton), while the price for Austria ($2,713 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Stamp and Photo Collection Album in Latvia

In 2022, shipments abroad of albums for samples, collections, stamps or photographs decreased by -11.3% to 147 tons, falling for the second year in a row after two years of growth. Overall, exports saw a deep contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 38% against the previous year. As a result, the exports attained the peak of 239 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, stamp and photo collection album exports reduced to $2M in 2022. Over the period under review, exports saw a deep contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 9.3% against the previous year. As a result, the exports attained the peak of $2.8M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Stamp and Photo Collection Album in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,2141,3421,1611,011-5.9%
France309292309292-1.9%
Denmark12520323120618.1%
Sweden80.374.511617228.9%
Norway458209120115-36.9%
Lithuania24.353.966.856.132.2%
Estonia28.712.959.450.020.3%
Spain33.922.639.943.78.8%
Finland68.580.657.25.5-56.9%
United Kingdom209442N/AN/A111.5%
Others47.810747.46.0-49.9%
Total2,5982,8402,2091,957-9.0%

Top Export Markets for Stamp and Photo Collection Album from Latvia in 2022:

  1. Germany (68.3 tons)
  2. France (23.5 tons)
  3. Sweden (21.0 tons)
  4. Denmark (12.0 tons)
  5. Estonia (7.6 tons)
  6. Lithuania (6.5 tons)
  7. Spain (4.3 tons)
  8. Norway (3.0 tons)
  9. Finland (0.7 tons)

Imports of Stamp and Photo Collection Album in Latvia

In 2022, stamp and photo collection album imports into Latvia plummeted to 55 tons, with a decrease of -25.5% compared with 2021. Over the period under review, total imports indicated a notable increase from 2019 to 2022: its volume increased at an average annual rate of +3.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +18.0% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 58% against the previous year. As a result, imports attained the peak of 73 tons, and then shrank dramatically in the following year.

In value terms, stamp and photo collection album imports reduced to $336K in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +11.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 70% against the previous year. As a result, imports attained the peak of $395K, and then fell in the following year.

Import of Stamp and Photo Collection Album in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland92.574.883.295.10.9%
Germany91.482.712593.70.8%
Netherlands2.23.311781.6233.5%
Italy22.326.726.536.017.3%
Estonia7.08.910.08.25.4%
Hungary7.74.42.15.3-11.7%
AustriaN/AN/AN/A2.80%
Others20.231.731.113.4-12.8%
Total24323239533611.4%

Top Suppliers of Stamp and Photo Collection Album to Latvia in 2022:

  1. Poland (24.5 tons)
  2. Netherlands (15.1 tons)
  3. Germany (14.2 tons)
  4. Italy (4.5 tons)
  5. Estonia (1.7 tons)
  6. Austria (1.0 tons)
  7. Hungary (0.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for stamp and photo collection album 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 17231380 - Albums for samples, collections, stamps or photographs, of paper or paperboard

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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