Latvia - Way-Type Unit Heads For Working Metal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWay-Type Unit Head Price in Latvia - 2023
Contents:
- Way-Type Unit Head Price in Latvia (CIF) - 2022
- Way-Type Unit Head Price in Latvia (FOB) - 2022
- Way-Type Unit Head Imports in Latvia
- Way-Type Unit Head Exports in Latvia
Way-Type Unit Head Price in Latvia (CIF) - 2022
The average way-type unit head import price stood at $10,608 per unit in 2022, picking up by 63% against the previous year. Overall, the import price continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2015 when the average import price increased by 401% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($15,540 per unit), while the price for Estonia ($665 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+82.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Way-Type Unit Head Price in Latvia (FOB) - 2022
In 2022, the average way-type unit head export price amounted to $8,030 per unit, leveling off at the previous year. Over the period under review, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2016 when the average export price increased by 6.7% against the previous year. Over the period under review, the average export prices attained the peak figure at $51,130 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Kazakhstan.
From 2012 to 2022, the rate of growth in terms of prices for Estonia amounted to -29.8% per year.
Way-Type Unit Head Imports in Latvia
In 2022, after two years of decline, there was significant growth in purchases abroad of way-type unit heads for working metal, when their volume increased by 409% to 56 units. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, way-type unit head imports skyrocketed to $594K in 2022. In general, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Way-Type Unit Head in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 0.1 | 1.4 | 71.4 | 315 | 1365.9% |
| Italy | N/A | 61.0 | N/A | 233 | 95.4% |
| Denmark | N/A | N/A | N/A | 35.7 | 0% |
| Japan | N/A | N/A | N/A | 4.4 | 0% |
| Poland | 2.8 | 4.4 | N/A | 3.1 | 3.5% |
| Russia | N/A | N/A | N/A | 2.1 | 0% |
| Estonia | 13.1 | 1.0 | 0.4 | 0.7 | -62.3% |
| Germany | 3.9 | N/A | N/A | N/A | 0% |
| Sweden | 6.7 | 1.8 | N/A | N/A | -73.1% |
| Netherlands | 2.9 | N/A | N/A | N/A | 0% |
| Others | 22.3 | 1.4 | N/A | N/A | -93.7% |
| Total | 51.9 | 71.0 | 71.8 | 594 | 125.4% |
Top Suppliers of Way-Type Unit Head to Latvia in 2022:
- Lithuania (30.0 units)
- Italy (15.0 units)
- Denmark (3.0 units)
- Japan (3.0 units)
- Russia (3.0 units)
- Estonia (1.0 units)
- Poland (1.0 units)
Way-Type Unit Head Exports in Latvia
In 2022, overseas shipments of way-type unit heads for working metal decreased by 0% to 7 units for the first time since 2019, thus ending a two-year declining trend. Overall, exports showed a significant increase. The smallest decline of 99.9% was in 2020. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, way-type unit head exports stood at $56K in 2022. In general, exports showed a significant expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Way-Type Unit Head in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | N/A | N/A | N/A | 56.2 | 0% |
| Estonia | 0.1 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.1 | N/A | N/A | 56.2 | 725.2% |
Top Export Markets for Way-Type Unit Head from Latvia in 2022:
- Kazakhstan (7.0 units)
This report provides an in-depth analysis of the way-type unit head market 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 28412233 - Way-type unit heads for working metal by drilling, boring, m illing, threading or tapping
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.
-
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
-
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
-
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
-
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
-
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
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