Latvia: Market for Toilet And Kitchen Linen 2019

Market Size for Toilet And Kitchen Linen in Latvia

The revenue of the toilet and kitchen linen market in Latvia amounted to $X in 2018, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, toilet and kitchen linen consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. Latvia toilet and kitchen linen consumption peaked at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Exports of Toilet And Kitchen Linen

Exports from Latvia

Toilet and kitchen linen exports from Latvia stood at X tons in 2018, lowering by -X% against the previous year. Overall, toilet and kitchen linen exports continue to indicate a drastic drop. The most prominent rate of growth was recorded in 2015 when exports increased by X% y-o-y. Over the period under review, toilet and kitchen linen exports attained their maximum at X tons in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, toilet and kitchen linen exports totaled $X in 2018. Overall, toilet and kitchen linen exports continue to indicate a drastic drop. The most prominent rate of growth was recorded in 2015 when exports increased by X% y-o-y. Over the period under review, toilet and kitchen linen exports attained their peak figure at $X in 2007; however, from 2008 to 2018, exports remained at a lower figure.

Exports by Country

In 2018, India (X tons), Pakistan (X tons) and China (X tons) represented the major exporters of toilet and kitchen linen in the world, constituting X% of total export. Turkey (X tons) ranks next in terms of the total exports with a X% share, followed by Vietnam (X%). Bangladesh (X tons) and Portugal (X tons) took a minor share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Vietnam, while the other leaders experienced more modest paces of growth.

In value terms, the largest toilet and kitchen linen markets from Latvia were China ($X), India ($X) and Pakistan ($X), with a combined X% share of total exports. Turkey, Portugal, Bangladesh, Vietnam and Latvia lagged somewhat behind, together accounting for a further X terms of the main exporting countries, Vietnam recorded the highest growth rate of exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the toilet and kitchen linen export price in Latvia amounted to $X per ton, coming down by -X% against the previous year. In general, the toilet and kitchen linen export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 an increase of X% year-to-year. Latvia export price peaked at $X per ton in 2014; however, from 2015 to 2018, export prices stood at a somewhat lower figure.

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

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

Imports of Toilet And Kitchen Linen

Imports into Latvia

In 2018, approx. X tons of toilet and kitchen linen were imported into Latvia; rising by X% against the previous year. In general, toilet and kitchen linen imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Over the period under review, toilet and kitchen linen imports attained their maximum in 2018 and are expected to retain its growth in the immediate term.

In value terms, toilet and kitchen linen imports stood at $X in 2018. Over the period under review, toilet and kitchen linen imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, toilet and kitchen linen imports attained their peak figure in 2018 and are likely to continue its growth in the near future.

Imports by Country

The U.S. represented the largest importer of toilet and kitchen linen in the world, with the volume of imports recording X tons, which was near X% of total imports in 2018. Japan (X tons) ranks second in terms of the total imports with a X% share, followed by Germany (X%) and the UK (X%). France (X tons), the Philippines (X tons), Italy (X tons), Spain (X tons), Australia (X tons), the Netherlands (X tons), Belgium (X tons) and Russia (X tons) followed a long way behind the leaders.

The U.S. experienced a relatively flat trend pattern of toilet and kitchen linen imports. At the same time, the Philippines (+X%), Australia (+X%), the Netherlands (+X%) and France (+X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Belgium, Germany and Italy experienced a relatively flat trend pattern. By contrast, the UK (-X%), Japan (-X%), Spain (-X%) and Russia (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of the U.S. and the Philippines increased by +X% and +X% percentage points, while Japan (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported toilet and kitchen linen into Latvia, comprising X% of global imports. The second position in the ranking was occupied by Japan ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in the U.S. amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: Japan (+X% per year) and Germany (+X% per year).

Import Prices by Country

The toilet and kitchen linen import price in Latvia stood at $X per ton in 2018, reducing by -X% against the previous year. Overall, the toilet and kitchen linen import price continues to indicate a moderate shrinkage. The most prominent rate of growth was recorded in 2013 when the import price increased by X% y-o-y. Over the period under review, the import prices for toilet and kitchen linen reached their peak figure at $X per ton in 2014; however, from 2015 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was the Philippines ($X per ton), while Russia ($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 more modest paces of growth.

Source: IndexBox Platform