Price for Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in Latvia - 2023

Contents:

  1. Price for Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in Latvia (CIF) - 2022
  2. Price for Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in Latvia (FOB) - 2022
  3. Imports of Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in Latvia
  4. Exports of Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in Latvia

Price for Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in Latvia (CIF) - 2022

The average import price for travel sets; for personal toilet, sewing, shoe or clothes cleanings stood at $2.3 per unit in 2022, falling by -4.3% against the previous year. In general, the import price, however, showed a prominent increase. The growth pace was the most rapid in 2019 when the average import price increased by 144% against the previous year. The import price peaked at $2.4 per unit in 2021, and then shrank slightly in the following year.

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 the Czech Republic ($8.6 per unit), while the price for China ($0.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+27.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in Latvia (FOB) - 2022

The average export price for travel sets; for personal toilet, sewing, shoe or clothes cleanings stood at $1.9 per unit in 2022, with a decrease of -37.4% against the previous year. Overall, the export price, however, recorded strong growth. The growth pace was the most rapid in 2017 an increase of 319% against the previous year. Over the period under review, the average export prices attained the peak figure at $3.6 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

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 Russia ($4.6 per unit), while the average price for exports to Estonia ($1.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+43.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in Latvia

In 2022, approx. 75K units of travel sets; for personal toilet, sewing, shoe or clothes cleanings were imported into Latvia; with an increase of 41% on 2021 figures. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +13.0% 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 +44.3% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of travel sets; for personal toilet, sewing, shoe or clothes cleanings soared to $169K in 2022. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania27.738.153.810153.9%
Czech Republic0.2N/A1.321.2373.3%
China22.032.013.419.0-4.8%
Estonia9.03.52.85.8-13.6%
Poland10.33.87.25.6-18.4%
SlovakiaN/AN/AN/A3.50%
France1.16.011.92.633.2%
Netherlands3.52.50.72.4-11.8%
Denmark0.19.628.20.10.0%
Others6.88.85.87.74.2%
Total80.610412516928.0%

Top Suppliers of Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning to Latvia in 2022:

  1. China (30.6K units)
  2. Lithuania (24.6K units)
  3. Estonia (7.7K units)
  4. Poland (2.9K units)
  5. Czech Republic (2.5K units)
  6. Slovakia (1.4K units)
  7. Netherlands (0.9K units)
  8. France (0.8K units)
  9. Denmark (0.1K units)

Exports of Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in Latvia

In 2022, overseas shipments of travel sets; for personal toilet, sewing, shoe or clothes cleanings decreased by -72.3% to 6.2K units, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2020 when exports increased by 392% against the previous year. As a result, the exports attained the peak of 47K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of travel sets; for personal toilet, sewing, shoe or clothes cleanings fell sharply to $12K in 2022. In general, exports continue to indicate a precipitous decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 363%. As a result, the exports reached the peak of $159K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania3.892.78.35.09.6%
RussiaN/A19.441.33.6-56.9%
Estonia3.41.82.42.9-5.2%
Hong Kong SAR6.0N/AN/AN/A0%
South Korea3.05.11.4N/A-31.7%
Japan13.228.911.6N/A-6.3%
BelarusN/A0.70.6N/A-14.3%
Others5.010.21.90.2-65.8%
Total34.315967.511.7-30.1%

Top Export Markets for Travel Sets; for Personal Toilet, Sewing, Shoe or Clothes Cleaning from Latvia in 2022:

  1. Lithuania (3.3K units)
  2. Estonia (2.1K units)
  3. Russia (0.8K units)

Source: IndexBox Market Intelligence Platform

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