Latvia: Bed Linen Market 2024

Bed Linen Market Size in Latvia

The Latvian bed linen market skyrocketed to $X in 2022, jumping by X% against the previous year. Overall, the total consumption indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2016 indices. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Bed Linen Production in Latvia

In value terms, bed linen production expanded slightly to $X in 2022 estimated in export price. In general, production, however, showed a perceptible decline. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Bed Linen Exports

Exports from Latvia

In 2022, shipments abroad of bed linen decreased by X% to X tons, falling for the second year in a row after two years of growth. In general, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, bed linen exports fell markedly to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Estonia (X tons), Lithuania (X tons) and Finland (X tons) were the main destinations of bed linen exports from Latvia, together comprising X% of total exports. Sweden, Belarus, Austria, Germany and Norway lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Belarus (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Estonia ($X), Finland ($X) and Lithuania ($X) constituted the largest markets for bed linen exported from Latvia worldwide, together accounting for X% of total exports. Sweden, Belarus, Germany, Austria and Norway lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Belarus, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average bed linen export price stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Lithuania ($X 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 Finland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Bed Linen Imports

Imports into Latvia

In 2022, the amount of bed linen imported into Latvia rose markedly to X tons, growing by X% on the year before. Overall, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, bed linen imports expanded sharply to $X in 2022. In general, imports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Pakistan (X tons), Germany (X tons) and Bangladesh (X tons) were the main suppliers of bed linen imports to Latvia, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest bed linen suppliers to Latvia were Germany ($X), Pakistan ($X) and Poland ($X), with a combined X% share of total imports.

Germany, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average bed linen import price amounted to $X per ton, waning by X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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 Poland ($X per ton), while the price for Pakistan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform