Latvia - Silk Shawls And Scarves - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Silk Shawl and Scarf in Latvia - 2023
Contents:
- Price for Silk Shawl and Scarf in Latvia (CIF) - 2022
- Price for Silk Shawl and Scarf in Latvia (FOB) - 2022
- Imports of Silk Shawl and Scarf in Latvia
- Exports of Silk Shawl and Scarf in Latvia
Price for Silk Shawl and Scarf in Latvia (CIF) - 2022
In 2022, the average silk shawl and scarf import price amounted to $25 per unit, rising by 17% against the previous year. Over the period under review, the import price enjoyed a prominent expansion. The pace of growth was the most pronounced in 2013 an increase of 35% against the previous year. Over the period under review, average import prices hit record highs 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 Austria ($62 per unit), while the price for India ($3.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Silk Shawl and Scarf in Latvia (FOB) - 2022
In 2022, the average silk shawl and scarf export price amounted to $41 per unit, rising by 57% against the previous year. Over the period under review, the export price posted a significant expansion. The growth pace was the most rapid in 2014 an increase of 87%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in years to come.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($43 per unit), while the average price for exports to Sweden ($10 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+17.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Silk Shawl and Scarf in Latvia
In 2022, the amount of silk shawls and scarves imported into Latvia soared to 10K units, picking up by 31% on the previous year's figure. Over the period under review, imports, however, continue to indicate a abrupt setback. Over the period under review, imports attained the peak figure at 18K units in 2020; however, from 2021 to 2022, imports remained at a lower figure.
In value terms, silk shawl and scarf imports surged to $253K in 2022. In general, imports posted temperate growth. The pace of growth appeared the most rapid in 2020 with an increase of 71%. As a result, imports attained the peak of $383K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Silk Shawl and Scarf in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 53.8 | 143 | 71.0 | 152 | 41.4% |
| Finland | 27.1 | 19.7 | 16.0 | 20.4 | -9.0% |
| Poland | 4.8 | 7.8 | 12.3 | 19.6 | 59.8% |
| Austria | 9.5 | 18.0 | 12.1 | 13.7 | 13.0% |
| Hong Kong SAR | N/A | N/A | N/A | 8.2 | 0% |
| China | 10.1 | 10.1 | 9.1 | 6.6 | -13.2% |
| Netherlands | 44.0 | 47.8 | 3.8 | 6.0 | -48.5% |
| Germany | 19.1 | 48.4 | 3.9 | 3.9 | -41.1% |
| Lithuania | 12.7 | 3.3 | 0.1 | 2.1 | -45.1% |
| India | 1.5 | 1.8 | 0.4 | 1.5 | 0.0% |
| United Kingdom | 12.5 | 34.1 | 12.1 | 1.3 | -53.0% |
| Denmark | 10.7 | 13.1 | 1.4 | 0.1 | -78.9% |
| Others | 18.2 | 36.5 | 22.8 | 18.0 | -0.4% |
| Total | 224 | 383 | 165 | 253 | 4.1% |
Top Suppliers of Silk Shawl and Scarf to Latvia in 2022:
- Italy (3088.0 units)
- Finland (2271.0 units)
- Poland (1677.0 units)
- Hong Kong SAR (1000.0 units)
- China (429.0 units)
- India (400.0 units)
- Lithuania (257.0 units)
- Austria (221.0 units)
- Netherlands (211.0 units)
- United Kingdom (132.0 units)
- Germany (132.0 units)
- Denmark (4.0 units)
Exports of Silk Shawl and Scarf in Latvia
Silk shawl and scarf exports from Latvia skyrocketed to 4.8K units in 2022, jumping by 33% against the previous year. Over the period under review, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 157%. As a result, the exports reached the peak of 6.8K units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, silk shawl and scarf exports soared to $195K in 2022. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 303% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.
| Export of Silk Shawl and Scarf in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 19.4 | 115 | 83.3 | 182 | 110.9% |
| Poland | N/A | N/A | 0.7 | 2.9 | 314.3% |
| Sweden | 7.9 | 11.3 | 5.7 | 2.9 | -28.4% |
| Estonia | 1.8 | 1.3 | 1.1 | 2.1 | 5.3% |
| Others | 4.3 | 8.1 | 2.5 | 4.9 | 4.5% |
| Total | 33.5 | 135 | 93.4 | 195 | 79.9% |
Top Export Markets for Silk Shawl and Scarf from Latvia in 2022:
- Russia (4193.0 units)
- Sweden (279.0 units)
- Poland (177.0 units)
- Estonia (67.0 units)
This report provides an in-depth analysis of the market for silk shawl and scarf 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:
- Prodcom 14192338 - Shawls, scarves, mufflers, mantillas, veils and the like, of silk or silk waste (excluding knitted or crocheted)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
94
This report provides an in-depth analysis of the market for silk shawl and scarf in Latvia.
1207
This report provides an in-depth analysis of the global market for silk shawl and scarf.
94
This report provides an in-depth analysis of the market for silk shawl and scarf in Latvia.
1207
This report provides an in-depth analysis of the global market for silk shawl and scarf.
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