Latvia: Market for Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres 2025

Market Size for Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres in Latvia

After two years of growth, the Latvian market for bed linen of other woven textiles and non-woven man-made fibres decreased by -10.3% to $X in 2022. Over the period under review, consumption, however, enjoyed a measured expansion. Consumption of peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Exports of Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres

Exports from Latvia

For the fourth year in a row, Latvia recorded decline in shipments abroad of bed linen of other woven textiles and non-woven man-made fibres, which decreased by -15.9% to X tons in 2022. In general, exports faced a abrupt setback. The most prominent rate of growth was recorded in 2018 with an increase of 18%. Over the period under review, the exports of hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, exports of bed linen of other woven textiles and non-woven man-made fibres dropped significantly to $X in 2022. Overall, exports showed a deep contraction. The most prominent rate of growth was recorded in 2018 when exports increased by 35%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Estonia (X tons), Belarus (X tons) and Lithuania (X tons) were the main destinations of exports of bed linen of other woven textiles and non-woven man-made fibres from Latvia, together accounting for 94% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belarus (with a CAGR of +13.8%), while the other leaders experienced a decline.

In value terms, Belarus ($X), Estonia ($X) and Sweden ($X) were the largest markets for bed linen of other woven textiles and non-woven man-made fibres exported from Latvia worldwide, together accounting for 87% of total exports.

In terms of the main countries of destination, Belarus, with a CAGR of +18.4%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average export price for bed linen of other woven textiles and non-woven man-made fibres amounted to $X per ton, declining by -17.2% against the previous year. Over the period under review, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 an increase of 27%. Over the period under review, the average export prices reached the maximum at $X per ton in 2021, and then contracted rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Estonia ($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 Romania (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bed Linen Of Other Woven Textiles And Non-Woven Man-Made Fibres

Imports into Latvia

In 2022, supplies from abroad of bed linen of other woven textiles and non-woven man-made fibres decreased by -15.4% to X tons, falling for the fourth consecutive year after two years of growth. Overall, imports showed a drastic downturn. The pace of growth appeared the most rapid in 2014 when imports increased by 50% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of bed linen of other woven textiles and non-woven man-made fibres reduced to $X in 2022. In general, imports continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2018 with an increase of 98% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

Lithuania (X tons), Germany (X tons) and Poland (X tons) were the main suppliers of imports of bed linen of other woven textiles and non-woven man-made fibres to Latvia, with a combined 71% share of total imports. Belarus, Pakistan, China and Denmark lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belarus (with a CAGR of +49.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Lithuania ($X), Belarus ($X) and Germany ($X) were the largest bed linen of other woven textiles and non-woven man-made fibres suppliers to Latvia, with a combined 70% share of total imports.

Belarus, with a CAGR of +58.9%, saw the highest growth rate of 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

The average import price for bed linen of other woven textiles and non-woven man-made fibres stood at $X per ton in 2022, surging by 7.3% against the previous year. In general, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for bed linen of other woven textiles and non-woven man-made fibres increased by +59.6% against 2017 indices. The most prominent rate of growth was recorded in 2018 an increase of 37%. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belarus ($X per ton), while the price for Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform