Concrete tiles and flagstones market in Latvia

Earlier Report Observations

The Latvian market for concrete tiles and flagstones showed considerable volatility in physical volume between 2018 and 2024. After a sharp rise to 445.2 thousand tonnes in 2019, consumption contracted over the next two years, falling to 312.5 thousand tonnes in 2021. The market recovered strongly in 2022, reaching 397.1 thousand tonnes, but dropped again in 2023 before rebounding to 354.5 thousand tonnes in 2024.

Overall, market volume ended the period slightly higher than at the start, at 354.5 thousand tonnes compared to 338.3 thousand tonnes in 2018. The fluctuations were mirrored in production figures, which peaked at 436.3 thousand tonnes in 2019 and troughed at 287.8 thousand tonnes in 2023. Imports declined steadily from 16.9 thousand tonnes in 2018 to 4.6 thousand tonnes in 2024, while exports grew from 4.8 thousand tonnes to 4.0 thousand tonnes over the same period, indicating a shift toward greater self-sufficiency.

Production concrete tiles and flagstones in Latvia

In value, 2018-2021, K $ US

In 2021, Latvia's production of concrete tiles and flagstones was valued at 20 909 thousand US dollars, marking a 5.3% increase compared to the previous year. Over the period from 2018 to 2021, production grew by 17%, with an average annual growth rate of 5.4%. The largest decline occurred in 2020, at 1.1%, while the most significant increase was in 2019, reaching 12.4%.

Annual dynamics of production in Latvia in value, 2018-2021, K $ US

In kind, 2018-2021, K t

Latvia's production of concrete tiles and flagstones declined for the second year in a row. In 2021, output stood at 307.8 thousand tonnes, representing a sharp decrease of 26.2% from 2020. From 2018 to 2021, production fell by 5.6%, with an average annual decline of 1.9%. The highest production level was recorded in 2019 at 436.3 thousand tonnes, which also saw the largest increase of 33.8%.

Annual dynamics of production in Latvia in kind, 2018-2021, K t

Exports concrete tiles and flagstones from Latvia

Exports in kind, t

The market showed an unstable trend over the period. Exports peaked in 2018 and hit their lowest point in 2020, with a 13-fold difference between these years. In 2021, Latvia exported 1 445 tonnes of concrete tiles and flagstones, a 294.0% increase from the previous year. The minimum value was 367 tonnes in 2020, which also experienced the largest decline of 87.9%.

Annual dynamics of product's exports from Latvia in kind, 2018-2021, t

From 2018 to 2021, Estonia and Lithuania were the main buyers of concrete tiles and flagstones from Latvia, together accounting for 92.3% of total exports in volume, with other countries making up the remainder.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Latvia in kind, 2018-2021

Exports in value, K $ US

The data indicates irregular changes, reflecting a volatile market environment. Export values reached their highest level in 2018 and dropped to their lowest in 2020, a 3.1-fold shift. In 2021, Latvia's exports of concrete tiles and flagstones amounted to 389 thousand US dollars, up 133.2% from the previous year. The minimum value was 167 thousand US dollars in 2020, which also saw the largest decline of 59.4%.

Annual dynamics of product's exports from Latvia in value, 2018-2021, K $ US

Throughout 2018–2021, Estonia, Lithuania, and Sweden were the key export partners in value terms, accounting for 41.5%, 18.6%, and 15.0% of exports, respectively. Together, they represented 75.1% of total export flows.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Latvia in value, 2018-2021

Imports concrete tiles and flagstones to Latvia

Imports in kind, t

Latvia's imports of concrete tiles and flagstones declined for the third consecutive year. In 2021, imports totaled [value_last_year] tonnes, showing a sharp decrease of 37.4% year-over-year. Over the period from 2018 to 2021, imports fell by 63.5%, with an average annual decline of 28.5%.

Annual dynamics of product's imports to Latvia in kind, 2018-2021, t

Between 2018 and 2021, Lithuania, Estonia, and Finland were the main suppliers of concrete tiles and flagstones to Latvia, contributing 45.0%, 24.2%, and 12.4% of imports in volume, respectively. Together, they comprised 81.7% of total imports.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Latvia in kind, 2018-2021

Imports in value, K $ US

Latvia's imports of concrete tiles and flagstones declined for the second year in a row. In 2021, imports amounted to [value_last_year] thousand US dollars, a decrease of 12.0% from the previous year. From 2018 to 2021, imports dropped by 49.7%, equivalent to an annualized rate of 20.5%. The maximum value was recorded in 2019 at 5 187 thousand US dollars, which also saw the largest increase of 21.8%. The largest decline occurred in 2020, at 53.1%.

Annual dynamics of product's imports to Latvia in value, 2018-2021, K $ US

In the period from 2018 to 2021, three principal markets—Estonia, Lithuania, and the United Kingdom—together accounted for 63.4% of Latvia's total imports of concrete tiles and flagstones in value terms.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Latvia in value, 2018-2021