Report Update Nov 1, 2024

Latvia - Chemical Wood Pulp (Dissolving Grades) - Market Analysis, Forecast, Size, Trends and Insights

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Latvia: Market for Dissolving Grade Wood Pulp 2024

Market Size for Dissolving Grade Wood Pulp in Latvia

For the sixth year in a row, the Latvian dissolving grade wood pulp market recorded growth in sales value, which increased by 24% to $X in 2022. In general, consumption saw a relatively flat trend pattern. Dissolving grade wood pulp consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Dissolving Grade Wood Pulp in Latvia

In value terms, dissolving grade wood pulp production amounted to less than $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern.

Exports of Dissolving Grade Wood Pulp

Exports from Latvia

In 2022, the amount of dissolving grade wood pulp exported from Latvia surged to X tons, picking up by 154% against 2021. Overall, exports, however, continue to indicate a sharp curtailment. Over the period under review, the exports attained the peak figure at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, dissolving grade wood pulp exports soared to $X in 2022. In general, exports, however, recorded a drastic downturn. Over the period under review, the exports reached the maximum at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Poland (X tons) was the main destination for dissolving grade wood pulp exports from Latvia, with a 94% share of total exports. Moreover, dissolving grade wood pulp exports to Poland exceeded the volume sent to the second major destination, the Netherlands (X tons), more than tenfold.

From 2020 to 2022, the average annual growth rate of volume to Poland totaled +138.0%.

In value terms, Poland ($X) remains the key foreign market for dissolving grade wood pulp exports from Latvia, comprising 94% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 6.2% share of total exports.

From 2020 to 2022, the average annual rate of growth in terms of value to Poland totaled +56.8%.

Export Prices by Country

The average dissolving grade wood pulp export price stood at $X per ton in 2022, dropping by -34.1% against the previous year. Over the period under review, export price indicated a prominent increase from 2020 to 2022: its price increased at an average annual rate of +7.0% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dissolving grade wood pulp export price increased by +14.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 74% against the previous year. As a result, the export price reached the peak level of $X per ton, and then dropped dramatically in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Poland amounted to $X per ton.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-13.1%).

Imports of Dissolving Grade Wood Pulp

Imports into Latvia

In 2022, approx. X tons of dissolving grade wood pulp were imported into Latvia; therefore, remained relatively stable against 2021. Overall, imports continue to indicate significant growth. The smallest decline of -99% was in 2013. Over the period under review, imports reached the maximum at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, dissolving grade wood pulp imports amounted to $X in 2022. In general, imports saw a significant expansion. The smallest decline of -99% was in 2013. Over the period under review, imports attained the maximum at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest supplier of dissolving grade wood pulp to Latvia, with a 77% share of total imports. Moreover, dissolving grade wood pulp imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Finland (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands totaled +30.9%.

In value terms, Finland ($X) constituted the largest supplier of dissolving grade wood pulp to Latvia, comprising 72% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 28% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Finland was relatively modest.

Import Prices by Country

The average dissolving grade wood pulp import price stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the import price posted mild growth. The pace of growth appeared the most rapid in 2013 an increase of 0.2%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($X per ton), while the price for the Netherlands amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-8.7%).

Source: IndexBox Platform

This report provides an in-depth analysis of the market for dissolving grade wood pulp 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 1667 - Dissolving wood pulp

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023