Calculating Machines; Non-Electronic Price in Latvia - 2023

Contents:

  1. Calculating Machines; Non-Electronic Price in Latvia (CIF) - 2022
  2. Calculating Machines; Non-Electronic Price in Latvia (FOB) - 2022
  3. Calculating Machines; Non-Electronic Imports in Latvia
  4. Calculating Machines; Non-Electronic Exports in Latvia

Calculating Machines; Non-Electronic Price in Latvia (CIF) - 2022

In 2022, the average calculating machines; non-electronic import price amounted to $4.5 per unit, which is down by -3.8% against the previous year. Overall, the import price, however, posted noticeable growth. The most prominent rate of growth was recorded in 2020 an increase of 271% against the previous year. As a result, import price attained the peak level of $7 per unit. From 2021 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($10 per unit), while the price for China ($1.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Calculating Machines; Non-Electronic Price in Latvia (FOB) - 2022

In 2022, the average calculating machines; non-electronic export price amounted to $2.9 per unit, reducing by -25.4% against the previous year. Overall, the export price saw a slight shrinkage. The most prominent rate of growth was recorded in 2020 when the average export price increased by 150%. The export price peaked at $4.6 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($3.8 per unit), while the average price for exports to Lithuania stood at $2.9 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.

Calculating Machines; Non-Electronic Imports in Latvia

In 2022, imports of calculating machines; non-electronics into Latvia rose significantly to 18K units, increasing by 14% on 2021 figures. Overall, imports, however, continue to indicate a significant decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 21% against the previous year. As a result, imports reached the peak of 85K units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, calculating machines; non-electronic imports rose rapidly to $79K in 2022. In general, imports, however, continue to indicate a deep downturn. The pace of growth was the most pronounced in 2020 with an increase of 350% against the previous year. As a result, imports attained the peak of $596K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Calculating Machines; Non-Electronic in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland59.154.542.051.2-4.7%
Germany14.020.99.620.814.1%
China47.28.72.82.3-63.5%
Estonia2.981.65.01.3-23.5%
BelgiumN/A417N/AN/A0%
Others9.613.512.43.4-29.2%
Total13359671.779.0-15.9%

Top Suppliers of Calculating Machines; Non-Electronic to Latvia in 2022:

  1. Poland (8.3K units)
  2. Germany (6.7K units)
  3. China (2.0K units)
  4. Estonia (0.2K units)

Calculating Machines; Non-Electronic Exports in Latvia

In 2022, shipments abroad of calculating machines; non-electronics was finally on the rise to reach 4.6K units after two years of decline. In general, exports, however, showed a precipitous curtailment. Over the period under review, the exports attained the peak figure at 46K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, calculating machines; non-electronic exports fell to $13K in 2022. Over the period under review, exports, however, faced a sharp slump. Over the period under review, the exports reached the peak figure at $79K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Calculating Machines; Non-Electronic in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania19.920.812.712.8-13.7%
Estonia2.70.91.20.4-47.1%
Bulgaria3.90.7N/AN/A-82.1%
Spain3.60.3N/AN/A-91.7%
Belgium1.3N/AN/AN/A0%
Greece10.71.8N/AN/A-83.2%
Slovakia3.40.1N/AN/A-97.1%
Finland19.92.3N/AN/A-88.4%
Poland4.80.5N/AN/A-89.6%
Portugal2.41.2N/AN/A-50.0%
Italy2.30.1N/AN/A-95.7%
Others4.113.50.5N/A-65.1%
Total79.142.314.413.3-44.8%

Top Export Markets for Calculating Machines; Non-Electronic from Latvia in 2022:

  1. Lithuania (4.5K units)
  2. Estonia (0.1K units)

Source: IndexBox Market Intelligence Platform

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