Lamp Holder Price in Latvia - 2024
Contents:
- Lamp Holder Price in Latvia (FOB) - 2022
- Lamp Holder Price in Latvia (CIF) - 2022
- Lamp Holder Exports in Latvia
- Lamp Holder Imports in Latvia
Lamp Holder Price in Latvia (FOB) - 2022
In 2022, the average lamp holder export price amounted to $2.4 per unit, declining by -18.5% against the previous year. Overall, the export price, however, recorded a prominent increase. The growth pace was the most rapid in 2020 when the average export price increased by 98% against the previous year. Over the period under review, the average export prices hit record highs at $3 per unit in 2021, and then declined dramatically in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($6.5 per unit), while the average price for exports to Moldova ($0.3 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 Germany (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.
Lamp Holder Price in Latvia (CIF) - 2022
The average lamp holder import price stood at $0.8 per unit in 2022, rising by 11% against the previous year. Over the period under review, the import price, however, showed a pronounced downturn. The growth pace was the most rapid in 2020 when the average import price increased by 13% against the previous year. The import price peaked at $1 per unit in 2012; however, from 2013 to 2022, 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 Germany ($3 per unit), while the price for China ($0.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Lamp Holder Exports in Latvia
Lamp holder exports from Latvia rose notably to 458K units in 2022, increasing by 6.1% compared with the previous year's figure. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +17.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 30% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, lamp holder exports reduced to $1.1M in 2022. Over the period under review, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 134%. The exports peaked at $1.3M in 2021, and then contracted in the following year.
| Export of Lamp Holder in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 75.1 | 310 | 435 | 606 | 100.6% |
| Lithuania | 145 | 173 | 226 | 220 | 14.9% |
| France | 27.0 | 167 | 503 | 130 | 68.9% |
| Estonia | 48.5 | 50.8 | 54.3 | 44.7 | -2.7% |
| Netherlands | 0.1 | N/A | 26.6 | 35.5 | 608.1% |
| Russia | 0.4 | 4.7 | 1.0 | 29.2 | 317.9% |
| Moldova | N/A | N/A | N/A | 2.2 | 0% |
| Others | 15.2 | 25.1 | 29.6 | 34.6 | 31.5% |
| Total | 311 | 730 | 1,275 | 1,102 | 52.5% |
Top Export Markets for Lamp Holder from Latvia in 2022:
- Lithuania (160.9K units)
- Denmark (120.0K units)
- Russia (69.9K units)
- Estonia (44.1K units)
- France (20.1K units)
- Netherlands (17.8K units)
- Moldova (8.6K units)
Lamp Holder Imports in Latvia
In 2022, imports of lamp holders for under 1000 v into Latvia rose rapidly to 808K units, increasing by 7.6% compared with 2021. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +18.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 61%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, lamp holder imports soared to $686K in 2022. Overall, imports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 69% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Lamp Holder in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 29.1 | 33.3 | 208 | 288 | 114.7% |
| Sweden | 113 | 138 | 181 | 171 | 14.8% |
| China | 58.4 | 51.1 | 58.7 | 64.6 | 3.4% |
| Italy | 5.5 | 14.1 | 16.6 | 36.6 | 88.1% |
| Germany | 32.4 | 39.9 | 26.4 | 32.9 | 0.5% |
| Poland | 47.9 | 31.2 | 28.7 | 28.6 | -15.8% |
| Spain | N/A | 0.1 | N/A | 10.7 | 934.4% |
| Turkey | 1.0 | 0.9 | 21.1 | 9.7 | 113.3% |
| Others | 25.9 | 32.0 | 35.7 | 44.0 | 19.3% |
| Total | 314 | 341 | 576 | 686 | 29.8% |
Top Suppliers of Lamp Holder to Latvia in 2022:
- Lithuania (365.1K units)
- China (188.8K units)
- Sweden (73.0K units)
- Poland (69.9K units)
- Italy (33.7K units)
- Turkey (20.6K units)
- Spain (14.7K units)
- Germany (11.1K units)
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