Latvia - Baths Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Bath Price in Latvia - 2023
Contents:
- Metal Bath Price in Latvia (CIF) - 2022
- Metal Bath Price in Latvia (FOB) - 2022
- Metal Bath Imports in Latvia
- Metal Bath Exports in Latvia
Metal Bath Price in Latvia (CIF) - 2022
The average metal bath import price stood at $2.9 per unit in 2022, declining by -15.7% against the previous year. In general, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal bath import price decreased by -28.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 42%. As a result, import price attained the peak level of $4 per unit. From 2021 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 Denmark ($4.7 per unit), while the price for China ($1.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Metal Bath Price in Latvia (FOB) - 2022
The average metal bath export price stood at $3.4 per unit in 2022, rising by 42% against the previous year. In general, the export price continues to indicate mild growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 52% against the previous year. Over the period under review, the average export prices hit record highs at $4.8 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($9.2 per unit), while the average price for exports to Lithuania ($2.7 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 Estonia (+13.7%), while the prices for the other major destinations experienced mixed trend patterns.
Metal Bath Imports in Latvia
In 2022, the amount of baths of iron or steel imported into Latvia dropped slightly to 97K units, remaining constant against the previous year. Over the period under review, imports saw a noticeable slump. The most prominent rate of growth was recorded in 2021 when imports increased by 28% against the previous year. Imports peaked at 108K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, metal bath imports plummeted to $279K in 2022. Overall, imports saw a perceptible decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 8.2% against the previous year. As a result, imports reached the peak of $335K, and then contracted dramatically in the following year.
Import of Metal Bath in Latvia (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 167 | 205 | 210 | 126 | -9.0% |
China | 61.9 | 17.7 | 53.9 | 76.8 | 7.5% |
Denmark | 33.3 | 31.7 | 27.6 | 34.6 | 1.3% |
Italy | N/A | 11.0 | 28.8 | 14.1 | 13.2% |
Lithuania | 18.2 | 11.7 | 9.7 | 9.5 | -19.5% |
Poland | 8.9 | 12.9 | 3.0 | 8.7 | -0.8% |
Estonia | 4.7 | 3.3 | 0.5 | 3.3 | -11.1% |
Others | 13.9 | 16.4 | 1.7 | 6.3 | -23.2% |
Total | 308 | 310 | 335 | 279 | -3.2% |
Top Suppliers of Metal Bath to Latvia in 2022:
- China (43.5K units)
- Germany (28.0K units)
- Denmark (7.4K units)
- Italy (7.0K units)
- Poland (4.4K units)
- Lithuania (3.6K units)
- Estonia (1.5K units)
Metal Bath Exports in Latvia
In 2022, shipments abroad of baths of iron or steel decreased by -49.2% to 38K units, falling for the second year in a row after two years of growth. In general, exports saw a sharp slump. The pace of growth appeared the most rapid in 2020 when exports increased by 18%. As a result, the exports reached the peak of 116K units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, metal bath exports declined markedly to $127K in 2022. Overall, exports recorded a abrupt slump. The growth pace was the most rapid in 2020 with an increase of 6% against the previous year. As a result, the exports attained the peak of $182K. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Metal Bath in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lithuania | 85.8 | 63.9 | 90.2 | 76.9 | -3.6% |
Russia | 76.7 | 97.4 | 74.4 | 24.3 | -31.8% |
Estonia | 7.3 | 6.3 | 12.6 | 12.1 | 18.3% |
Others | 1.5 | 13.9 | 0.1 | 14.2 | 111.5% |
Total | 171 | 182 | 177 | 127 | -9.4% |
Top Export Markets for Metal Bath from Latvia in 2022:
- Lithuania (28.6K units)
- Russia (7.8K units)
- Estonia (1.3K units)
This report provides an in-depth analysis of the metal bath 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 25991127 - Baths of iron or steel
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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