Latvia - Files, Rasps And Similar Tools - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFiles and Rasps Price in Latvia - 2023
Contents:
- Files and Rasps Price in Latvia (CIF) - 2022
- Files and Rasps Price in Latvia (FOB) - 2022
- Files and Rasps Imports in Latvia
- Files and Rasps Exports in Latvia
Files and Rasps Price in Latvia (CIF) - 2022
The average files and rasps import price stood at $4.2 per unit in 2022, which is down by -24.9% against the previous year. In general, the import price saw a deep contraction. The pace of growth was the most pronounced in 2013 when the average import price increased by 31% against the previous year. The import price peaked at $19 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 Switzerland ($21 per unit), while the price for Lithuania ($1.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (-0.6%), while the prices for the other major suppliers experienced a decline.
Files and Rasps Price in Latvia (FOB) - 2022
The average files and rasps export price stood at $9.6 per unit in 2022, falling by -21.2% against the previous year. In general, the export price recorded a abrupt downturn. The pace of growth appeared the most rapid in 2017 when the average export price increased by 188% against the previous year. As a result, the export price reached the peak level of $44 per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($26 per unit), while the average price for exports to Israel ($2.5 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 Switzerland (+10.6%), while the prices for the other major destinations experienced mixed trend patterns.
Files and Rasps Imports in Latvia
For the fourth consecutive year, Latvia recorded growth in overseas purchases of files, rasps and similar tools, which increased by 48% to 137K units in 2022. Overall, imports saw a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 157% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, files and rasps imports stood at $573K in 2022. Over the period under review, imports, however, continue to indicate a perceptible slump. Imports peaked at $616K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Files and Rasps in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 219 | 213 | 196 | 201 | -2.8% |
Sweden | 73.8 | 78.6 | 88.4 | 75.0 | 0.5% |
Lithuania | 64.9 | 67.7 | 62.6 | 74.0 | 4.5% |
Belgium | 85.3 | 36.2 | 46.9 | 68.2 | -7.2% |
Poland | 69.8 | 61.7 | 31.3 | 45.7 | -13.2% |
China | 8.7 | 37.2 | 26.1 | 41.7 | 68.6% |
Estonia | 54.9 | 35.4 | 44.3 | 39.7 | -10.2% |
Others | 39.3 | 14.6 | 21.3 | 27.5 | -11.2% |
Total | 616 | 544 | 517 | 573 | -2.4% |
Top Suppliers of Files and Rasps to Latvia in 2022:
- Lithuania (51.7K units)
- Germany (31.9K units)
- Poland (13.8K units)
- China (11.8K units)
- Belgium (10.6K units)
- Sweden (7.5K units)
- Estonia (6.1K units)
Files and Rasps Exports in Latvia
In 2022, the amount of files, rasps and similar tools exported from Latvia rose to 4.3K units, with an increase of 3% on 2021. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 96% against the previous year. As a result, the exports attained the peak of 8.4K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, files and rasps exports reduced remarkably to $41K in 2022. Overall, exports, however, continue to indicate a precipitous contraction. The pace of growth was the most pronounced in 2020 when exports increased by 18% against the previous year. As a result, the exports reached the peak of $102K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Files and Rasps in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lithuania | 41.8 | 70.7 | 12.7 | 16.3 | -26.9% |
Estonia | 32.6 | 12.5 | 24.2 | 11.5 | -29.3% |
Poland | 0.1 | 1.8 | 2.0 | 3.9 | 239.1% |
Russia | N/A | 9.0 | 8.1 | 3.5 | -37.6% |
Israel | 10.9 | 3.8 | 2.7 | 2.3 | -40.5% |
Switzerland | N/A | N/A | 0.1 | 1.1 | 1000.0% |
Georgia | N/A | N/A | N/A | 0.2 | 0% |
Others | 1.2 | 4.5 | 1.1 | 2.5 | 27.7% |
Total | 86.7 | 102 | 51.0 | 41.3 | -21.9% |
Top Export Markets for Files and Rasps from Latvia in 2022:
- Lithuania (1604.0 units)
- Estonia (1079.0 units)
- Israel (910.0 units)
- Poland (154.0 units)
- Russia (136.0 units)
- Switzerland (102.0 units)
- Georgia (89.0 units)
This report provides an in-depth analysis of the files and rasps 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 25733013 - Files, rasps and similar tools (excluding punches and files for machine tools)
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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