Latvia - Plastic Baths, Wash-Basins, Lavatory Pans And Covers And Similar Sanitary Ware - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlastic Sanitary Ware Price in Latvia - 2023
Contents:
- Plastic Sanitary Ware Price in Latvia (CIF) - 2022
- Plastic Sanitary Ware Price in Latvia (FOB) - 2022
- Plastic Sanitary Ware Imports in Latvia
- Plastic Sanitary Ware Exports in Latvia
Plastic Sanitary Ware Price in Latvia (CIF) - 2022
In 2022, the average plastic sanitary ware import price amounted to $18 per unit, increasing by 13% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 25%. Over the period under review, average import prices hit record highs at $21 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($41 per unit), while the price for Russia ($5.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Sanitary Ware Price in Latvia (FOB) - 2022
In 2022, the average plastic sanitary ware export price amounted to $35 per unit, surging by 42% against the previous year. In general, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastic sanitary ware export price increased by +93.7% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($268 per unit), while the average price for exports to Bulgaria ($12 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 Russia (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Sanitary Ware Imports in Latvia
In 2022, overseas purchases of plastic baths, wash-basins, lavatory pans and covers and similar sanitary ware decreased by -4% to 788K units, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +4.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 21% against the previous year. As a result, imports reached the peak of 829K units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, plastic sanitary ware imports rose sharply to $14M in 2022. The total import value increased at an average annual rate of +12.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 15% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
Import of Plastic Sanitary Ware in Latvia (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 2,222 | 2,440 | 2,818 | 3,340 | 14.6% |
Lithuania | 2,120 | 2,399 | 2,125 | 2,731 | 8.8% |
China | 1,457 | 939 | 1,768 | 2,341 | 17.1% |
Poland | 518 | 982 | 1,161 | 1,020 | 25.3% |
Czech Republic | 452 | 474 | 537 | 828 | 22.4% |
Denmark | 876 | 1,499 | 1,281 | 794 | -3.2% |
Bulgaria | 122 | 325 | 447 | 387 | 46.9% |
Sweden | 127 | 83.3 | 285 | 310 | 34.6% |
Estonia | 382 | 264 | 406 | 194 | -20.2% |
Russia | 243 | 259 | 612 | 104 | -24.6% |
Turkey | 71.1 | 61.2 | 59.6 | 74.3 | 1.5% |
United Kingdom | 259 | 224 | 10.2 | 14.9 | -61.4% |
Others | 912 | 1,259 | 1,393 | 1,820 | 25.9% |
Total | 9,761 | 11,209 | 12,903 | 13,958 | 12.7% |
Top Suppliers of Plastic Sanitary Ware to Latvia in 2022:
- Germany (240.8K units)
- Lithuania (115.7K units)
- China (112.9K units)
- Poland (61.8K units)
- Bulgaria (56.9K units)
- Denmark (51.5K units)
- Sweden (29.8K units)
- Czech Republic (20.4K units)
- Russia (20.4K units)
- Turkey (12.9K units)
- Estonia (10.6K units)
- United Kingdom (0.5K units)
Plastic Sanitary Ware Exports in Latvia
After three years of growth, shipments abroad of plastic baths, wash-basins, lavatory pans and covers and similar sanitary ware decreased by -19.8% to 194K units in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 15%. The exports peaked at 242K units in 2021, and then shrank sharply in the following year.
In value terms, plastic sanitary ware exports expanded significantly to $6.8M in 2022. Overall, exports, however, posted significant growth. The growth pace was the most rapid in 2021 with an increase of 40% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
Export of Plastic Sanitary Ware in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lithuania | 1,369 | 1,541 | 1,968 | 1,740 | 8.3% |
Russia | 740 | 922 | 887 | 1,569 | 28.5% |
United States | 214 | 480 | 1,351 | 1,528 | 92.6% |
Germany | 315 | 468 | 498 | 734 | 32.6% |
Estonia | 431 | 440 | 631 | 561 | 9.2% |
Kazakhstan | N/A | N/A | 0.1 | 76.0 | 75900.0% |
Bulgaria | 7.3 | 0.3 | 0.3 | 42.9 | 80.5% |
Others | 344 | 414 | 657 | 563 | 17.8% |
Total | 3,421 | 4,267 | 5,992 | 6,814 | 25.8% |
Top Export Markets for Plastic Sanitary Ware from Latvia in 2022:
- Lithuania (99.3K units)
- Estonia (40.3K units)
- Russia (23.7K units)
- Germany (9.5K units)
- United States (5.7K units)
- Kazakhstan (4.2K units)
- Bulgaria (3.5K units)
This report provides an in-depth analysis of the plastic sanitary ware 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 22231250 - Plastic baths, shower-baths, sinks and wash-basins
- Prodcom 22231270 - Plastic lavatory seats and covers
- Prodcom 22231290 - Plastic bidets, lavatory pans, flushing cisterns and similar sanitary ware (excluding baths, showers-baths, sinks and wash-basins, lavatory seats and covers)
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
This report provides an in-depth analysis of the plastic sanitary ware market in Latvia.
This report provides an in-depth analysis of the market for plastic bath or sink in Latvia.
This report provides an in-depth analysis of the plastic lavatory seat market in Latvia.
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This report provides an in-depth analysis of the global plastic sanitary ware market.
This report provides an in-depth analysis of the global market for plastic bath or sink.
This report provides an in-depth analysis of the global plastic lavatory seat market.
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