Latvia: Sliver And Roving Market 2020

Sliver And Roving Market Size in Latvia

The revenue of the sliver and roving market in Latvia amounted to $X in 2018, picking up by X% against the previous year. Overall, sliver and roving consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. In that year, the sliver and roving market attained its peak level of $X. From 2012 to 2018, the growth of the sliver and roving market failed to regain its momentum.

Sliver And Roving Production in Latvia

In value terms, sliver and roving production totaled $X in 2018 estimated in export prices. Overall, sliver and roving production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when production volume increased by X% year-to-year. Latvia sliver and roving production peaked at $X in 2008; however, from 2009 to 2018, production failed to regain its momentum.

Sliver And Roving Exports

Exports from Latvia

In 2018, approx. X tons of slivers, rovings, yarn and chopped strands were exported from Latvia; increasing by X% against the previous year. Over the period under review, the total exports indicated a prominent increase from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, sliver and roving exports increased by +X% against 2012 indices. The pace of growth appeared the most rapid in 2010 when exports increased by X% y-o-y. Latvia exports peaked in 2018 and are likely to see steady growth in the near future.

In value terms, sliver and roving exports totaled $X in 2018. The total export value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2010 when exports increased by X% against the previous year. Over the period under review, sliver and roving exports attained their peak figure in 2018 and are likely to continue its growth in the immediate term.

Exports by Country

In 2018, China (X tons) was the major exporter of slivers, rovings, yarn and chopped strands, mixing up X% of total exports. It was distantly followed by Malaysia (X tons), Belgium (X tons), France (X tons) and Mexico (X tons), together constituting a X% share of total exports. Slovakia (X tons), the Netherlands (X tons), the U.S. (X tons), Taiwan, Chinese (X tons), Egypt (X tons), the UK (X tons) and the Czech Republic (X tons) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to sliver and roving exports from China stood at +X%. At the same time, Egypt (+X%), Malaysia (+X%), Mexico (+X%), the Netherlands (+X%), France (+X%), the Czech Republic (+X%), Belgium (+X%) and Slovakia (+X%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. The UK, Taiwan, Chinese and the U.S. experienced a relatively flat trend pattern. Malaysia (+X p.p.), China (+X p.p.), Mexico (+X p.p.), Egypt (+X p.p.) and the Netherlands (+X p.p.) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Malaysia ($X) and Belgium ($X) were the countries with the highest levels of exports in 2018, with a combined X% share of total exports. The U.S., Mexico, France, the Netherlands, Taiwan, Chinese, Slovakia, the UK, the Czech Republic, Egypt and Latvia lagged somewhat behind, together comprising a further X the main exporting countries, Egypt experienced the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The sliver and roving export price in Latvia stood at $X per ton in 2018, approximately mirroring the previous year. Over the period under review, the sliver and roving export price continues to indicate a mild descent. The most prominent rate of growth was recorded in 2011 when the export price increased by X% against the previous year. Latvia export price peaked at $X per ton in 2008; however, from 2009 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the U.S. ($X per ton), while China ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Taiwan, Chinese, while the other leaders experienced more modest paces of growth.

Sliver And Roving Imports

Imports into Latvia

In 2018, the imports of slivers, rovings, yarn and chopped strands into Latvia stood at X tons, waning by -X% against the previous year. Overall, sliver and roving imports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Latvia imports peaked at X tons in 2016; however, from 2017 to 2018, imports failed to regain their momentum.

In value terms, sliver and roving imports amounted to $X in 2018. Over the period under review, sliver and roving imports, however, continue to indicate a prominent increase. The pace of growth was the most pronounced in 2011 when imports increased by X% y-o-y. Latvia imports peaked at $X in 2016; however, from 2017 to 2018, imports remained at a lower figure.

Imports by Country

The U.S. (X tons) and Germany (X tons) represented roughly X% of total imports of slivers, rovings, yarn and chopped strands in 2018. China (X tons) held the next position in the ranking, followed by South Korea (X tons). All these countries together took approx. X% share of total imports. The following importers - Italy (X tons), the Netherlands (X tons), India (X tons), Japan (X tons), Belgium (X tons), France (X tons), Turkey (X tons) and the UK (X tons) - together made up X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by South Korea, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Germany ($X) and China ($X) were the countries with the highest levels of imports in 2018, together accounting for X% of total imports. South Korea, Italy, Belgium, Japan, the Netherlands, France, India, the UK, Turkey and Latvia lagged somewhat behind, together comprising a further X Korea recorded the highest growth rate of imports, in terms of the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the sliver and roving import price in Latvia amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the sliver and roving import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X% year-to-year. Over the period under review, the import prices for slivers, rovings, yarn and chopped strands attained their peak figure at $X per ton in 2008; however, from 2009 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Japan, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform