Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in Latvia - 2023

Contents:

1. Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in Latvia (FOB) - 2023
2. Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in Latvia (CIF) - 2022
3. Exports of Railway or Tramway Sleepers (Cross-Ties) of Wood in Latvia
4. Imports of Railway or Tramway Sleepers (Cross-Ties) of Wood in Latvia

Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in Latvia (FOB) - 2023

The average export price for railway or tramway sleepers (cross-ties) of wood stood at $281 per cubic meter in October 2023, which is down by -24% against the previous month. Overall, the export price recorded a noticeable slump. The pace of growth was the most pronounced in April 2023 an increase of 38% against the previous month. The export price peaked at $448 per cubic meter in January 2023; however, from February 2023 to October 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Estonia ($743 per cubic meter), while the average price for exports to the UK ($146 per cubic meter) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Railway or Tramway Sleepers (Cross-Ties) of Wood in Latvia (CIF) - 2022

In 2022, the average import price for railway or tramway sleepers (cross-ties) of wood amounted to $261 per cubic meter, with an increase of 48% against the previous year. Over the period under review, the import price, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 an increase of 67%. Over the period under review, average import prices reached the peak figure at $471 per cubic meter in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($795 per cubic meter), while the price for Denmark ($54 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Railway or Tramway Sleepers (Cross-Ties) of Wood in Latvia

After three years of growth, shipments abroad of railway or tramway sleepers (cross-ties) of wood decreased by -71.6% to 7.2K cubic meters in 2022. Over the period under review, exports, however, enjoyed pronounced growth. The most prominent rate of growth was recorded in 2021 when exports increased by 207%. As a result, the exports attained the peak of 25K cubic meters, and then fell notably in the following year.

In value terms, exports of railway or tramway sleepers (cross-ties) of wood contracted significantly to $2.7M in 2022. Overall, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 226%. As a result, the exports attained the peak of $5.9M, and then dropped sharply in the following year.

Top Export Markets for Railway or Tramway Sleepers (Cross-Ties) of Wood from Latvia in 2022:

1. United Kingdom (3.8K cubic meters)
2. Lithuania (2.0K cubic meters)
3. Estonia (0.8K cubic meters)
4. Israel (0.5K cubic meters)

Imports of Railway or Tramway Sleepers (Cross-Ties) of Wood in Latvia

In 2022, approx. 3.4K cubic meters of railway or tramway sleepers (cross-ties) of wood were imported into Latvia; with a decrease of -53.5% on 2021. Overall, imports recorded a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by 67% against the previous year. As a result, imports reached the peak of 7.4K cubic meters, and then reduced markedly in the following year.

In value terms, imports of railway or tramway sleepers (cross-ties) of wood dropped markedly to $894K in 2022. Over the period under review, imports saw a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 180%. Imports peaked at $1.4M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Railway or Tramway Sleepers (Cross-Ties) of Wood to Latvia in 2022:

1. Belarus (1008.0 cubic meters)
2. Lithuania (914.0 cubic meters)
3. Denmark (497.0 cubic meters)
4. France (454.0 cubic meters)
5. Poland (386.0 cubic meters)
6. Russia (167.0 cubic meters)

Source: IndexBox Market Intelligence Platform