Earlier Report Observations
The Latvian market for hand-operated stamps and printing sets declined from US$ 586.6 thousand in 2018 to US$ 523.7 thousand in 2022 and further to US$ 413.3 thousand in 2023. Domestic production followed a similar path, falling from US$ 407.7 thousand to US$ 401.9 thousand over the same initial period before dropping sharply to US$ 282.4 thousand in 2023.
Imports into Latvia fluctuated considerably, with a notable drop to US$ 142.6 thousand in 2020 followed by a recovery to US$ 237.4 thousand in 2021. Exports also varied, peaking at US$ 110.3 thousand in 2021 before declining again. By 2025, imports had risen to US$ 265.0 thousand while exports stood at US$ 73.9 thousand.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators
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4.1. In value
- 4.1.1. Production, 2018, 2022-2023
- 4.1.2. Imports, 2018-2025
- 4.1.3. Exports, 2018-2025
- 4.1.4. Market size, 2018, 2022-2023
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4.1. In value
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5. Production
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5.1. Production in Latvia
- 5.1.1. In kind, 2018, 2022-2023, unit
- 5.1.2. In value, 2018, 2022-2023, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, unit
- 5.2.2. In value, 2018-2024, K $ US
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5.1. Production in Latvia
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6. Exports
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6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, kg
- 6.1.2.1. Annual dynamics of product's exports from Latvia in kind, 2018-2025, kg
- 6.1.2.2. Dynamics of product's exports in kind from Latvia by countries, 2018-2025, kg
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
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6.1.3. Exports in value, K $ US
- 6.1.3.1. Annual dynamics of product's exports from Latvia in value, 2018-2025, K $ US
- 6.1.3.2. Dynamics of product's exports in value from Latvia by countries, 2018-2025, K $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
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6.1.4. Average price of product's exports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's exports from Latvia, 2018-2025, $ US/kg
- 6.1.4.2. Dynamics of average price of product's exports from Latvia by countries, 2018-2025, $ US/kg
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, kg
- 6.2.2.1. Annual dynamics of product's exports from Latvia in kind, 2018-2025, kg
- 6.2.2.2. Dynamics of product's exports in kind from Latvia by countries, 2018-2025, kg
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
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6.2.3. Exports in value, K $ US
- 6.2.3.1. Annual dynamics of product's exports from Latvia in value, 2018-2025, K $ US
- 6.2.3.2. Dynamics of product's exports in value from Latvia by countries, 2018-2025, K $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
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6.2.4. Average price of product's exports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's exports from Latvia, 2018-2025, $ US/kg
- 6.2.4.2. Dynamics of average price of product's exports from Latvia by countries, 2018-2025, $ US/kg
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6.1. Exports (Direct Data)
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7. Imports
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7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, kg
- 7.1.2.1. Annual dynamics of product's imports to Latvia in kind, 2018-2025, kg
- 7.1.2.2. Dynamics of product's imports in kind to Latvia by countries, 2018-2025, kg
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
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7.1.3. Imports in value, K $ US
- 7.1.3.1. Annual dynamics of product's imports to Latvia in value, 2018-2025, K $ US
- 7.1.3.2. Dynamics of product's imports in value to Latvia by countries, 2018-2025, K $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
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7.1.4. Average price of product's imports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's imports to Latvia, 2018-2025, $ US/kg
- 7.1.4.2. Dynamics of average price of product's imports to Latvia by countries, 2018-2025, $ US/kg
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, kg
- 7.2.2.1. Annual dynamics of product's imports to Latvia in kind, 2018-2025, kg
- 7.2.2.2. Dynamics of product's imports in kind to Latvia by countries, 2018-2025, kg
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
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7.2.3. Imports in value, K $ US
- 7.2.3.1. Annual dynamics of product's imports to Latvia in value, 2018-2025, K $ US
- 7.2.3.2. Dynamics of product's imports in value to Latvia by countries, 2018-2025, K $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
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7.2.4. Average price of product's imports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's imports to Latvia, 2018-2025, $ US/kg
- 7.2.4.2. Dynamics of average price of product's imports to Latvia by countries, 2018-2025, $ US/kg
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7.1. Imports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, kg
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, kg
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2025
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production hand-operated stamps and printing sets in Latvia
In value, 2018-2021, K $ US
Annual dynamics of production in Latvia in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
Exports hand-operated stamps and printing sets from Latvia
Exports in kind, kg
The market showed an unstable trend throughout the period. Exports reached their lowest point in 2020 at 2 126 kg, then peaked in 2018 with a 2.1-fold difference between these years. The largest decline occurred in 2019 at 41.6%. In 2021, exports of hand-operated stamps and printing sets from Latvia surged to 3 838 kg, marking an 80.5% increase compared to the previous year.
Annual dynamics of product's exports from Latvia in kind, 2018-2021, kg
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (41.6%) | (19.1%) | 80.5% | (5.2%) |
From 2018 to 2021, Lithuania and Estonia dominated Latvia's exports in kind, accounting for 81.7% of the total volume. Lithuania alone represented 64.9% of flows, while Estonia contributed 16.8%. The remaining volume was distributed among other trading partners.
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
After a two-year decline, Latvia's exports of hand-operated stamps and printing sets rebounded. The minimum value was recorded in 2020 at 71.5 K $ US, with the largest drop occurring in 2019 at 27.8%. In 2021, exports rose to 110.3 K $ US, a 54.4% increase year-over-year. Over the 2018-2021 period, exports grew by 7.2%, with a compound annual growth rate of 2.4%.
Annual dynamics of product's exports from Latvia in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (27.8%) | (3.8%) | 54.4% | 2.4% |
Between 2018 and 2021, Lithuania and Estonia were the two leading markets for Latvia's exports in value terms, together accounting for 86.2% of the total. The rest was spread across a diverse range of other countries.
Structure of product's exports in value by countries, 2018-2021
World map of product's exports from Latvia in value, 2018-2021
Imports hand-operated stamps and printing sets to Latvia
Imports in kind, kg
The market displayed significant volatility during these years. Imports hit their lowest point in 2020 at 5 666 kg, after peaking in 2018, with a 2.4-fold variation between these extremes. The largest decline was recorded in 2020 at 41.1%. In 2021, imports of hand-operated stamps and printing sets into Latvia jumped to 10 840 kg, showing a sharp 91.3% gain from the previous year.
Annual dynamics of product's imports to Latvia in kind, 2018-2021, kg
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (28.8%) | (41.1%) | 91.3% | (7.1%) |
From 2018 to 2021, Austria, Germany, and South Korea formed the core of Latvia's imports in kind, together accounting for 58.5% of total flows. Austria led with 25.3%, followed by Germany at 18.9% and South Korea at 14.3%.
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
Following a two-year decrease, Latvia's imports of hand-operated stamps and printing sets increased. The minimum value was recorded in 2020 at 142.6 K $ US, with the largest decline also in 2020 at 44.0%. In 2021, imports totaled 237.4 K $ US, representing a 66.5% year-over-year increase. Over the 2018-2021 period, imports decreased by 15.7%, with a compound annual growth rate of 5.6%.
Annual dynamics of product's imports to Latvia in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (9.7%) | (44.0%) | 66.5% | (5.6%) |
Throughout 2018 to 2021, Austria, South Korea, and Germany were the key sources for Latvia's imports in value terms, together accounting for 59.9% of the total. Austria contributed 34.9%, South Korea 13.8%, and Germany 11.2%.
Structure of product's imports in value by countries, 2018-2021
World map of product's imports to Latvia in value, 2018-2021
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