Price for Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Latvia - 2023

Contents:

  1. Price for Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Latvia (CIF) - 2022
  2. Price for Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Latvia (FOB) - 2022
  3. Imports of Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Latvia
  4. Exports of Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Latvia

Price for Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Latvia (CIF) - 2022

The average import price for boilers; watertube boilers with a steam production not exceeding 45t per hour stood at $26,510 per ton in 2022, rising by 43% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 121% against the previous year. The import price peaked at $28,135 per ton in 2012; however, from 2013 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 Lithuania ($34,451 per ton), while the price for Ukraine totaled $6,888 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Latvia (FOB) - 2022

The average export price for boilers; watertube boilers with a steam production not exceeding 45t per hour stood at $40,138 per ton in 2021, picking up by 163% against the previous year. In general, the export price recorded a significant expansion. The pace of growth was the most pronounced in 2020 an increase of 335%. The export price peaked at $64,589 per ton in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Belarus ($40,259 per ton), while the average price for exports to Russia stood at $39,377 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+164.1%).

Imports of Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Latvia

In 2022, the amount of boilers; watertube boilers with a steam production not exceeding 45t per hour imported into Latvia skyrocketed to 15 tons, with an increase of 98% against the year before. Over the period under review, imports showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 295% against the previous year. As a result, imports attained the peak of 33 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of boilers; watertube boilers with a steam production not exceeding 45t per hour soared to $402K in 2022. Overall, imports posted a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 334% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in years to come.

Import of Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania1.9N/AN/A370479.6%
Ukraine24.2N/AN/A30.37.8%
Germany37.638.71.51.1-69.2%
RussiaN/A80.6N/AN/A0%
FinlandN/A144101N/A-29.9%
PolandN/A5.937.7N/A539.0%
OthersN/A7.12.0N/A-71.8%
Total63.727614240284.8%

Top Suppliers of Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour to Latvia in 2022:

  1. Lithuania (10.8 tons)
  2. Ukraine (4.4 tons)

Exports of Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Latvia

In 2021, exports of boilers; watertube boilers with a steam production not exceeding 45t per hour from Latvia dropped markedly to 2.9 tons, falling by -69.3% compared with 2020. Over the period under review, exports showed a sharp setback.

In value terms, exports of boilers; watertube boilers with a steam production not exceeding 45t per hour shrank rapidly to $116K in 2021. Overall, exports showed a abrupt decline. The smallest decline of -6.8% was in 2020.

Export of Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour in Latvia (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
BelarusN/A144101-29.9%
Russia131N/A15.8-65.3%
Ukraine23.5N/AN/A0%
OthersN/AN/AN/A0%
Total154144116-13.2%

Top Export Markets for Boilers; Watertube Boilers with A Steam Production Not Exceeding 45t Per Hour from Latvia in 2022:

  1. Belarus (2.5 tons)
  2. Russia (0.4 tons)

Source: IndexBox Market Intelligence Platform

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