Latvia - Clasp Knives - Market Analysis, Forecast, Size, Trends And Insights
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View PricingClasp Knife Price in Latvia - 2023
Contents:
- Clasp Knife Price in Latvia (CIF) - 2022
- Clasp Knife Price in Latvia (FOB) - 2022
- Clasp Knife Imports in Latvia
- Clasp Knife Exports in Latvia
Clasp Knife Price in Latvia (CIF) - 2022
The average clasp knife import price stood at $3.7 per unit in 2022, rising by 11% against the previous year. Over the period under review, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, clasp knife import price decreased by -13.1% against 2016 indices. The growth pace was the most rapid in 2016 when the average import price increased by 68%. As a result, import price attained the peak level of $4.2 per unit. From 2017 to 2022, the average import prices failed to regain momentum.
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 Italy ($18 per unit), while the price for China ($1.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+20.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Clasp Knife Price in Latvia (FOB) - 2022
The average clasp knife export price stood at $2.7 per unit in 2022, increasing by 9.2% against the previous year. Over the last decade, it increased at an average annual rate of +3.5%. The pace of growth appeared the most rapid in 2016 when the average export price increased by 30%. The export price peaked at $2.8 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($5.7 per unit), while the average price for exports to Kazakhstan ($1.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+36.7%), while the prices for the other major destinations experienced more modest paces of growth.
Clasp Knife Imports in Latvia
In 2022, overseas purchases of clasp knives decreased by -11.5% to 267K units for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +15.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 51% against the previous year. As a result, imports attained the peak of 302K units, and then reduced in the following year.
In value terms, clasp knife imports contracted slightly to $977K in 2022. In general, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 55%. As a result, imports attained the peak of $991K, and then reduced modestly in the following year.
Import of Clasp Knife in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 117 | 163 | 277 | 262 | 30.8% |
Lithuania | 132 | 106 | 160 | 192 | 13.3% |
Poland | 138 | 142 | 143 | 152 | 3.3% |
Germany | 79.1 | 132 | 188 | 145 | 22.4% |
Estonia | 25.5 | 43.5 | 37.6 | 49.9 | 25.1% |
Slovenia | N/A | N/A | 55.0 | 44.3 | -19.5% |
Finland | 7.0 | 9.3 | 44.2 | 34.4 | 70.0% |
Others | 48.0 | 40.9 | 86.0 | 96.8 | 26.3% |
Total | 546 | 638 | 991 | 977 | 21.4% |
Top Suppliers of Clasp Knife to Latvia in 2022:
- China (150.9K units)
- Poland (39.4K units)
- Lithuania (20.2K units)
- Germany (15.3K units)
- Slovenia (8.5K units)
- Finland (8.3K units)
- Estonia (7.8K units)
Clasp Knife Exports in Latvia
After three years of growth, shipments abroad of clasp knives decreased by -24.2% to 114K units in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +8.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +28.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 56% against the previous year. As a result, the exports reached the peak of 150K units, and then shrank sharply in the following year.
In value terms, clasp knife exports contracted markedly to $313K in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +16.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. As a result, the exports reached the peak of $378K, and then contracted significantly in the following year.
Export of Clasp Knife in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Estonia | 55.9 | 64.4 | 99.3 | 83.5 | 14.3% |
Lithuania | 39.7 | 73.2 | 72.7 | 78.4 | 25.5% |
Russia | 67.8 | 74.5 | 75.5 | 41.9 | -14.8% |
Spain | 1.4 | 5.1 | 12.9 | 15.4 | 122.4% |
Romania | 1.2 | 9.6 | 20.2 | 11.9 | 114.8% |
Poland | 2.7 | 4.4 | 7.0 | 9.9 | 54.2% |
Finland | 0.9 | 19.7 | 3.3 | 7.9 | 106.3% |
Panama | N/A | N/A | 20.3 | 7.9 | -61.1% |
Bulgaria | 0.4 | 3.1 | 10.1 | 7.4 | 164.5% |
Portugal | 1.7 | 2.3 | 9.9 | 6.2 | 53.9% |
Kazakhstan | N/A | 0.4 | 0.1 | 3.4 | 191.5% |
Others | 28.9 | 16.4 | 46.9 | 39.2 | 10.7% |
Total | 201 | 273 | 378 | 313 | 15.9% |
Top Export Markets for Clasp Knife from Latvia in 2022:
- Estonia (29.0K units)
- Lithuania (24.6K units)
- Russia (17.2K units)
- Spain (5.8K units)
- Romania (5.7K units)
- Poland (3.7K units)
- Bulgaria (3.6K units)
- Portugal (2.9K units)
- Panama (2.1K units)
- Kazakhstan (1.9K units)
- Finland (1.4K units)
This report provides an in-depth analysis of the clasp knife 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 25711160 - Clasp knives
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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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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In value terms, frames with clasps imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated som...
In value terms, frames with clasps exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable f...
Explore the top import markets for knife and scissors worldwide, including key statistics and insights. Discover the largest importers of these cutting tools such as United States, Germany, Netherlands, and more.
In 2016, the amount of knife and scissors imported worldwide amounted to X tons, standing approx. at the previous year level. In general, knife and scissors imports continue to indicate a relativ...
In 2016, the amount of knife and scissors imported worldwide amounted to X tons, standing approx. at the previous year level. In general, knife and scissors imports continue to indicate a relativ...
In value terms, frames with clasps imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated som...
In value terms, frames with clasps exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable f...
Explore the top import markets for knife and scissors worldwide, including key statistics and insights. Discover the largest importers of these cutting tools such as United States, Germany, Netherlands, and more.
In 2016, the amount of knife and scissors imported worldwide amounted to X tons, standing approx. at the previous year level. In general, knife and scissors imports continue to indicate a relativ...
In 2016, the amount of knife and scissors imported worldwide amounted to X tons, standing approx. at the previous year level. In general, knife and scissors imports continue to indicate a relativ...