Latvia - Belt Type Continuous-Action Elevators And Conveyors For Goods Or Materials - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Belt Type Continuous-Action Elevator and Conveyor in Latvia - 2023
Contents:
- Price for Belt Type Continuous-Action Elevator and Conveyor in Latvia (FOB) - 2023
- Price for Belt Type Continuous-Action Elevator and Conveyor in Latvia (CIF) - 2023
- Exports of Belt Type Continuous-Action Elevator and Conveyor in Latvia
- Imports of Belt Type Continuous-Action Elevator and Conveyor in Latvia
Price for Belt Type Continuous-Action Elevator and Conveyor in Latvia (FOB) - 2023
The average export price for belt type continuous-action elevators and conveyors for goods or materials stood at $11,138 per unit in November 2023, shrinking by -17.1% against the previous month. Overall, the export price continues to indicate a pronounced shrinkage. The pace of growth was the most pronounced in May 2023 an increase of 135% m-o-m. The export price peaked at $30,579 per unit in March 2023; afterwards, it flattened through to November 2023.
Average prices varied somewhat for the major foreign markets. In November 2023, the country with the highest price was the United States ($15,300 per unit), while the average price for exports to the UK amounted to $10,862 per unit.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.5%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Belt Type Continuous-Action Elevator and Conveyor in Latvia (CIF) - 2023
The average import price for belt type continuous-action elevators and conveyors for goods or materials stood at $15,472 per unit in November 2023, rising by 12% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in August 2023 an increase of 1,695% against the previous month. As a result, import price reached the peak level of $209K per unit. From September 2023 to November 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($66,521 per unit), while the price for China ($13,680 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Italy (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Belt Type Continuous-Action Elevator and Conveyor in Latvia
Exports of belt type continuous-action elevators and conveyors for goods or materials from Latvia soared to 9.2K units in 2022, rising by 244% on the previous year. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 269%. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, exports of belt type continuous-action elevators and conveyors for goods or materials soared to $119M in 2022. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Belt Type Continuous-Action Elevator and Conveyor in Latvia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 0.7 | 2.8 | 2.4 | 88.3 | 401.5% |
United States | 1.7 | 5.9 | 16.6 | 25.4 | 146.3% |
United Kingdom | N/A | N/A | 4.7 | 1.1 | -76.6% |
Switzerland | 1.5 | 0.9 | 0.2 | 1.0 | -12.6% |
Others | 1.2 | 0.9 | 3.1 | 3.3 | 40.1% |
Total | 5.2 | 10.5 | 26.9 | 119 | 183.9% |
Top Export Markets for Belt Type Continuous-Action Elevator and Conveyor from Latvia in 2022:
- Russia (6.3K units)
- United States (2.5K units)
- Switzerland (0.1K units)
- United Kingdom (0.1K units)
Imports of Belt Type Continuous-Action Elevator and Conveyor in Latvia
In 2022, imports of belt type continuous-action elevators and conveyors for goods or materials into Latvia surged to 3.6K units, growing by 1,428% against 2021 figures. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of belt type continuous-action elevators and conveyors for goods or materials soared to $65M in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Belt Type Continuous-Action Elevator and Conveyor in Latvia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 0.3 | 0.6 | 0.8 | 63.2 | 495.0% |
Poland | 0.1 | 0.3 | 0.3 | 0.5 | 71.0% |
France | N/A | N/A | 0.8 | N/A | 0% |
Others | 0.9 | 1.5 | 1.3 | 0.9 | 0.0% |
Total | 1.3 | 2.5 | 3.2 | 64.6 | 267.6% |
Top Suppliers of Belt Type Continuous-Action Elevator and Conveyor to Latvia in 2022:
- Germany (3.5K units)
This report provides an in-depth analysis of the market for belt type continuous-action elevator and conveyor 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 28221770 - Belt type continuous-action elevators and conveyors for goods or materials
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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