Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Latvia - 2023
Contents:
- Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Latvia (CIF) - 2022
- Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Latvia (FOB) - 2022
- Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Latvia
- Exports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Latvia
Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Latvia (CIF) - 2022
In 2022, the average import price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds amounted to $32,754 per ton, dropping by -2% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 18%. Over the period under review, average import prices reached the maximum at $36,178 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($35,671 per ton), while the price for China amounted to $10,864 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.4%).
Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Latvia (FOB) - 2022
In 2022, the average export price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds amounted to $37,920 per ton, declining by -12.1% against the previous year. Over the period under review, the export price, however, showed noticeable growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 94% against the previous year. The export price peaked at $51,835 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($52,239 per ton), while the average price for exports to Vietnam ($36,252 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 Iceland (+25.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Latvia
In 2022, approx. 38 tons of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds were imported into Latvia; with an increase of 104% against 2021. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 251%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds soared to $1.3M in 2022. Overall, imports recorded significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 203% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 165 | 432 | 535 | 1,169 | 92.1% |
| China | 16.8 | 16.6 | 54.8 | 50.4 | 44.2% |
| Italy | N/A | 55.7 | N/A | 18.5 | -42.4% |
| Lithuania | N/A | 22.2 | N/A | N/A | 0% |
| Taiwan (Chinese) | 12.5 | 7.6 | N/A | N/A | -39.2% |
| Others | 20.7 | 118 | 34.8 | 12.7 | -15.0% |
| Total | 215 | 652 | 624 | 1,251 | 79.9% |
Top Suppliers of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted to Latvia in 2022:
- United States (32.8 tons)
- China (4.6 tons)
- Italy (0.3 tons)
Exports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Latvia
Exports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds from Latvia surged to 16 tons in 2022, increasing by 1,149% against 2021. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds skyrocketed to $606K in 2022. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 1.6 | 0.3 | N/A | 488 | 573.1% |
| Russia | N/A | N/A | 1.1 | 64.0 | 5718.2% |
| Ukraine | 17.5 | 19.8 | 53.0 | 54.2 | 45.8% |
| Others | N/A | N/A | 1.2 | N/A | 0% |
| Total | 19.1 | 20.1 | 55.2 | 606 | 216.6% |
Top Export Markets for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted from Latvia in 2022:
- Vietnam (13.5 tons)
- Ukraine (1.3 tons)
- Russia (1.2 tons)
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