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Latvia - Disc Harrows - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDisc Harrow Price in Latvia - 2023
Contents:
- Disc Harrow Price in Latvia (CIF) - 2023
- Disc Harrow Price in Latvia (FOB) - 2022
- Disc Harrow Imports in Latvia
- Disc Harrow Exports in Latvia
Disc Harrow Price in Latvia (CIF) - 2023
The average disc harrow import price stood at $3,825 per unit in July 2023, dropping by -21% against the previous month. In general, the import price, however, recorded a notable expansion. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 79% month-to-month. Over the period under review, average import prices reached the maximum at $5,734 per unit in May 2023; afterwards, it flattened through to July 2023.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Denmark ($6,186 per unit), while the price for Norway ($212 per unit) was amongst the lowest.
From September 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Disc Harrow Price in Latvia (FOB) - 2022
The average disc harrow export price stood at $1,758 per unit in 2022, dropping by -5.4% against the previous year. In general, the export price saw a deep slump. The pace of growth appeared the most rapid in 2020 an increase of 70%. Over the period under review, the average export prices reached the maximum at $5,153 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Estonia.
From 2013 to 2022, the rate of growth in terms of prices for Ukraine amounted to +89.2% per year.
Disc Harrow Imports in Latvia
Disc harrow imports into Latvia rose modestly to 914 units in 2022, growing by 3.9% on 2021 figures. The total import volume increased at an average annual rate of +1.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 8.3%. As a result, imports attained the peak of 948 units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, disc harrow imports fell to $2.1M in 2022. The total import value increased at an average annual rate of +8.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 30%. As a result, imports attained the peak of $2.4M, and then declined in the following year.
Import of Disc Harrow in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 929 | 1,006 | 870 | 904 | -0.9% |
Germany | 478 | 534 | 784 | 512 | 2.3% |
Lithuania | 32.1 | 136 | 452 | 264 | 101.9% |
France | 81.0 | 127 | 114 | 226 | 40.8% |
Czech Republic | 55.2 | 17.2 | 66.8 | 58.8 | 2.1% |
Turkey | N/A | 11.5 | 11.3 | 54.6 | 117.9% |
Austria | 90.2 | N/A | 108 | 49.9 | -17.9% |
Others | 5.7 | 36.6 | 23.0 | 79.6 | 140.8% |
Total | 1,671 | 1,869 | 2,429 | 2,149 | 8.7% |
Top Suppliers of Disc Harrow to Latvia in 2022:
- Poland (593.0 units)
- Germany (101.0 units)
- Lithuania (83.0 units)
- France (48.0 units)
- Turkey (37.0 units)
- Czech Republic (16.0 units)
- Austria (16.0 units)
Disc Harrow Exports in Latvia
In 2022, approx. 90 units of disc harrows were exported from Latvia; surging by 5.9% on the previous year. The total export volume increased at an average annual rate of +12.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 48%. As a result, the exports attained the peak of 93 units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, disc harrow exports reached $158K in 2022. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 151%. As a result, the exports attained the peak of $158K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Disc Harrow in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Estonia | 60.1 | 110 | 69.6 | 158 | 38.0% |
Lithuania | N/A | 29.4 | 44.2 | N/A | 50.3% |
Finland | 3.0 | N/A | N/A | N/A | 0% |
Ukraine | N/A | 18.7 | 44.3 | N/A | 136.9% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 63.1 | 158 | 158 | 158 | 35.8% |
Top Export Markets for Disc Harrow from Latvia in 2022:
- Estonia (90.0 units)
This report provides an in-depth analysis of the disc harrow 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 28303220 - Disc harrows
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
-
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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