Key Market Indicators
Latvia's paperboard import is expected to reach 183,740 metric tons by 2026. In 2021, it was 173,840 metric tons, growing at an average rate of 0.8% each year. Since 1997, the demand for paperboard in Latvia has decreased by 0.3% annually. In terms of overall ranking, Latvia came in at 77th in 2021, with El Salvador above it at 173,840 metric tons. Germany, the United States and Italy respectively were numbers 2, 3 and 4 in this ranking. Latvia's paperboard export is forecast to reach 40,070 metric tons by 2026, up from 35,980 metric tons in 2021, with a CAGR of 0.8% each year. Since 1997, the country's paperboard supply has grown by 0.2% annually. In 2021, Latvia was ranked 59th, with Honduras above it at 35,980 metric tons. The United States, Sweden and Finland were numbers 2, 3 and 4 in this ranking.