Latvia - Hot-Dipped Metal-Coated Sheet - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHot-Dipped Metal-Coated Sheet Price in Latvia - 2023
Contents:
- Hot-Dipped Metal-Coated Sheet Price in Latvia (CIF) - 2023
- Hot-Dipped Metal-Coated Sheet Price in Latvia (FOB) - 2022
- Hot-Dipped Metal-Coated Sheet Imports in Latvia
- Hot-Dipped Metal-Coated Sheet Exports in Latvia
Hot-Dipped Metal-Coated Sheet Price in Latvia (CIF) - 2023
In September 2023, the average hot-dipped metal-coated sheet import price amounted to $1,179 per ton, increasing by 16% against the previous month. Over the period under review, the import price, however, saw a mild downturn. The import price peaked at $1,371 per ton in September 2022; however, from October 2022 to September 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Estonia ($1,484 per ton), while the price for Vietnam ($970 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Russia (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Hot-Dipped Metal-Coated Sheet Price in Latvia (FOB) - 2022
The average hot-dipped metal-coated sheet export price stood at $1,635 per ton in 2022, growing by 28% against the previous year. Overall, the export price saw pronounced growth. The pace of growth was the most pronounced in 2021 when the average export price increased by 85%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($1,751 per ton), while the average price for exports to Sweden ($1,004 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+21.4%), while the prices for the other major destinations experienced more modest paces of growth.
Hot-Dipped Metal-Coated Sheet Imports in Latvia
In 2022, imports of hot-dipped metal-coated sheet into Latvia fell rapidly to 41K tons, waning by -76.8% compared with the previous year's figure. Over the period under review, imports saw a sharp slump. The growth pace was the most rapid in 2021 when imports increased by 42% against the previous year. As a result, imports attained the peak of 178K tons, and then declined significantly in the following year.
In value terms, hot-dipped metal-coated sheet imports dropped significantly to $58M in 2022. In general, imports faced a deep slump. The growth pace was the most rapid in 2021 when imports increased by 119% against the previous year. As a result, imports reached the peak of $186M, and then dropped rapidly in the following year.
Import of Hot-Dipped Metal-Coated Sheet in Latvia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 77.1 | 71.0 | 161 | 21.4 | -34.8% |
Turkey | N/A | 2.6 | 9.5 | 13.6 | 128.7% |
Poland | 1.7 | 2.0 | 1.5 | 3.6 | 28.4% |
India | 0.9 | N/A | 1.6 | 2.8 | 46.0% |
Lithuania | 0.9 | 0.5 | 1.4 | 2.7 | 44.2% |
Finland | 1.2 | 1.1 | 1.8 | 2.6 | 29.4% |
Denmark | 4.0 | 3.2 | 1.5 | 2.0 | -20.6% |
Slovakia | N/A | N/A | 0.9 | 1.8 | 100.0% |
Estonia | 0.8 | 0.9 | 2.0 | 1.5 | 23.3% |
Netherlands | 0.6 | 0.2 | 0.6 | 1.4 | 32.6% |
Uzbekistan | N/A | N/A | N/A | 0.6 | 0% |
Others | 5.8 | 3.5 | 4.2 | 4.5 | -8.1% |
Total | 93.0 | 85.0 | 186 | 58.4 | -14.4% |
Top Suppliers of Hot-Dipped Metal-Coated Sheet to Latvia in 2022:
- Russia (15.6K tons)
- Turkey (11.1K tons)
- Poland (2.3K tons)
- India (1.9K tons)
- Finland (1.8K tons)
- Lithuania (1.8K tons)
- Denmark (1.4K tons)
- Slovakia (1.3K tons)
- Estonia (1.0K tons)
- Netherlands (0.8K tons)
- Uzbekistan (0.6K tons)
Hot-Dipped Metal-Coated Sheet Exports in Latvia
In 2022, approx. 9K tons of hot-dipped metal-coated sheet were exported from Latvia; with a decrease of -87.8% against the previous year. Over the period under review, exports continue to indicate a precipitous slump. The pace of growth appeared the most rapid in 2021 with an increase of 10%.
In value terms, hot-dipped metal-coated sheet exports contracted rapidly to $15M in 2022. In general, exports faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 105% against the previous year. As a result, the exports reached the peak of $93M, and then reduced rapidly in the following year.
Export of Hot-Dipped Metal-Coated Sheet in Latvia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Czech Republic | 4.3 | 4.5 | 19.8 | 4.1 | -1.6% |
Lithuania | 10.6 | 8.3 | 24.6 | 4.0 | -27.7% |
Poland | 34.1 | 19.4 | 25.2 | 3.5 | -53.2% |
Estonia | 9.1 | 4.8 | 6.8 | 1.5 | -45.2% |
Slovakia | 3.1 | 6.9 | 14.9 | 0.8 | -36.3% |
Finland | 1.0 | 0.8 | 1.6 | 0.3 | -33.1% |
Sweden | 0.4 | 0.1 | N/A | 0.2 | -20.6% |
Others | 0.7 | 0.7 | 0.5 | 0.3 | -24.6% |
Total | 63.3 | 45.7 | 93.4 | 14.7 | -38.5% |
Top Export Markets for Hot-Dipped Metal-Coated Sheet from Latvia in 2022:
- Lithuania (2.5K tons)
- Czech Republic (2.3K tons)
- Poland (2.2K tons)
- Estonia (1.0K tons)
- Slovakia (0.4K tons)
- Finland (0.2K tons)
- Sweden (0.2K tons)
This report provides an in-depth analysis of the hot-dipped metal-coated sheet 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 24105130 - Hot-dipped metal coated sheet and strip of a width . .600 mm
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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