Latvia - Sawnwood (Coniferous) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSawnwood (Coniferous) Price in Latvia - 2023
Contents:
- Sawnwood (Coniferous) Price in Latvia (FOB) - 2023
- Sawnwood (Coniferous) Price in Latvia (CIF) - 2023
- Sawnwood (Coniferous) Exports in Latvia
- Sawnwood (Coniferous) Imports in Latvia
Sawnwood (Coniferous) Price in Latvia (FOB) - 2023
The average sawnwood (coniferous) export price stood at $235 per cubic meter in September 2023, flattening at the previous month. Over the period under review, the export price saw a slight shrinkage. The pace of growth was the most pronounced in December 2022 when the average export price increased by 10% against the previous month. The export price peaked at $279 per cubic meter in September 2022; however, from October 2022 to September 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($380 per cubic meter), while the average price for exports to Egypt ($117 per cubic meter) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
Sawnwood (Coniferous) Price in Latvia (CIF) - 2023
In September 2023, the average sawnwood (coniferous) import price amounted to $196 per cubic meter, shrinking by -11.1% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.9%. The most prominent rate of growth was recorded in October 2022 an increase of 47% m-o-m. As a result, import price reached the peak level of $230 per cubic meter. From November 2022 to September 2023, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the countries with the highest prices were Finland ($209 per cubic meter) and Sweden ($200 per cubic meter), while the price for Lithuania ($147 per cubic meter) and Estonia ($172 per cubic meter) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Estonia (+5.2%), while the prices for the other major suppliers experienced a decline.
Sawnwood (Coniferous) Exports in Latvia
After three years of growth, shipments abroad of sawnwood (coniferous) decreased by -12.3% to 3.9M cubic meters in 2022. In general, exports saw a mild setback. The pace of growth was the most pronounced in 2021 with an increase of 5.5%. As a result, the exports reached the peak of 4.4M cubic meters, and then dropped in the following year.
In value terms, sawnwood (coniferous) exports dropped to $1.1B in 2022. Over the period under review, exports, however, saw resilient growth. The growth pace was the most rapid in 2021 with an increase of 88% against the previous year. As a result, the exports attained the peak of $1.3B, and then fell in the following year.
| Export of Sawnwood (Coniferous) in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 269 | 296 | 689 | 485 | 21.7% |
| United States | 6.6 | 11.6 | 11.4 | 99.4 | 147.0% |
| Estonia | 39.3 | 41.6 | 73.3 | 71.2 | 21.9% |
| Netherlands | 32.3 | 33.8 | 62.1 | 53.3 | 18.2% |
| Japan | 31.4 | 25.3 | 51.3 | 53.2 | 19.2% |
| Lithuania | 22.0 | 23.3 | 52.6 | 50.8 | 32.2% |
| Germany | 31.8 | 25.2 | 44.6 | 39.1 | 7.1% |
| France | 26.6 | 30.7 | 48.5 | 39.0 | 13.6% |
| South Korea | 40.7 | 44.4 | 57.9 | 34.5 | -5.4% |
| Egypt | 25.7 | 22.1 | 29.9 | 23.5 | -2.9% |
| Poland | 7.5 | 6.5 | 12.5 | 15.6 | 27.7% |
| Ireland | 17.3 | 15.1 | 20.9 | 14.4 | -5.9% |
| China | 28.9 | 29.0 | 16.3 | 7.9 | -35.1% |
| Others | 97.8 | 91.4 | 139 | 141 | 13.0% |
| Total | 677 | 696 | 1,310 | 1,128 | 18.6% |
Top Export Markets for Sawnwood (Coniferous) from Latvia in 2022:
- United Kingdom (1631.6K cubic meters)
- Estonia (306.0K cubic meters)
- United States (247.7K cubic meters)
- Netherlands (220.3K cubic meters)
- Lithuania (219.0K cubic meters)
- Germany (141.4K cubic meters)
- Egypt (136.1K cubic meters)
- South Korea (122.3K cubic meters)
- Japan (118.3K cubic meters)
- France (100.6K cubic meters)
- Poland (68.2K cubic meters)
- Ireland (53.9K cubic meters)
- China (44.6K cubic meters)
Sawnwood (Coniferous) Imports in Latvia
In 2022, after three years of growth, there was significant decline in purchases abroad of sawnwood (coniferous), when their volume decreased by -45.8% to 1.2M cubic meters. In general, imports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2021 when imports increased by 31%. As a result, imports reached the peak of 2.1M cubic meters, and then declined remarkably in the following year.
In value terms, sawnwood (coniferous) imports reduced markedly to $268M in 2022. Overall, imports, however, posted a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of 143%. As a result, imports reached the peak of $463M, and then reduced markedly in the following year.
| Import of Sawnwood (Coniferous) in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 86.8 | 95.2 | 222 | 70.8 | -6.6% |
| Estonia | 32.3 | 31.5 | 65.2 | 60.3 | 23.1% |
| Finland | 5.9 | 7.3 | 21.0 | 38.2 | 86.4% |
| Russia | 39.5 | 38.6 | 98.8 | 35.5 | -3.5% |
| Sweden | 3.0 | 4.2 | 10.3 | 23.1 | 97.5% |
| Lithuania | 2.2 | 8.6 | 24.5 | 22.8 | 118.0% |
| Ukraine | 1.0 | 2.9 | 15.3 | 11.9 | 128.3% |
| Others | 1.0 | 2.2 | 6.1 | 5.7 | 78.6% |
| Total | 172 | 190 | 463 | 268 | 15.9% |
Top Suppliers of Sawnwood (Coniferous) to Latvia in 2022:
- Belarus (364.1K cubic meters)
- Estonia (272.5K cubic meters)
- Russia (139.0K cubic meters)
- Finland (134.9K cubic meters)
- Lithuania (95.0K cubic meters)
- Sweden (86.1K cubic meters)
- Ukraine (48.1K cubic meters)
This report provides an in-depth analysis of the sawnwood (coniferous) 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:
- FCL 1632 - Sawnwood, coniferous
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
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