Price for Drafting Tables and Machines; Whether or Not Automatic in Latvia - 2023

Contents:

  1. Price for Drafting Tables and Machines; Whether or Not Automatic in Latvia (CIF) - 2022
  2. Price for Drafting Tables and Machines; Whether or Not Automatic in Latvia (FOB) - 2022
  3. Imports of Drafting Tables and Machines; Whether or Not Automatic in Latvia
  4. Exports of Drafting Tables and Machines; Whether or Not Automatic in Latvia

Price for Drafting Tables and Machines; Whether or Not Automatic in Latvia (CIF) - 2022

The average import price for drafting tables and machines; whether or not automatics stood at $1,103 per unit in 2022, jumping by 43% against the previous year. Overall, the import price enjoyed strong growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 408% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lithuania ($1,713 per unit), while the price for Germany ($594 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+55.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Drafting Tables and Machines; Whether or Not Automatic in Latvia (FOB) - 2022

The average export price for drafting tables and machines; whether or not automatics stood at $48 per unit in 2022, approximately mirroring the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 82%. Over the period under review, the average export prices reached the maximum at $95 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Estonia.

From 2012 to 2022, the rate of growth in terms of prices for Estonia amounted to +15.8% per year.

Imports of Drafting Tables and Machines; Whether or Not Automatic in Latvia

In 2022, supplies from abroad of drafting tables and machines; whether or not automatics was finally on the rise to reach 8 units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a sharp setback. Over the period under review, imports of reached the peak figure at 74 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of drafting tables and machines; whether or not automatics skyrocketed to $8.8K in 2022. Over the period under review, imports, however, recorded a abrupt descent. Imports peaked at $11K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Drafting Tables and Machines; Whether or Not Automatic in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland2.70.8N/A5.929.8%
Lithuania5.9N/AN/A1.7-34.0%
GermanyN/AN/AN/A1.20%
Hong Kong SARN/A4.0N/AN/A0%
ChinaN/AN/A3.1N/A0%
Denmark1.2N/AN/AN/A0%
NetherlandsN/A0.5N/AN/A0%
Others0.7N/AN/AN/A0%
Total10.55.33.18.8-5.7%

Top Suppliers of Drafting Tables and Machines; Whether or Not Automatic to Latvia in 2022:

  1. Poland (5.0 units)
  2. Germany (2.0 units)
  3. Lithuania (1.0 units)

Exports of Drafting Tables and Machines; Whether or Not Automatic in Latvia

For the third year in a row, Latvia recorded decline in shipments abroad of drafting tables and machines; whether or not automatics, which decreased by 0% to 15 units in 2022. Over the period under review, exports saw a sharp decline. The smallest decline of -70% was in 2020. Over the period under review, the exports of attained the maximum at 100 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of drafting tables and machines; whether or not automatics stood at $718 in 2022. Overall, exports continue to indicate a significant decline. The smallest decline of -84.9% was in 2020. Over the period under review, the exports of attained the maximum at $9.5K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Drafting Tables and Machines; Whether or Not Automatic in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia2.80.9N/A0.7-37.0%
Russia6.7N/AN/AN/A0%
LithuaniaN/A0.5N/AN/A0%
OthersN/AN/AN/AN/A0%
Total9.51.4N/A0.7-58.1%

Top Export Markets for Drafting Tables and Machines; Whether or Not Automatic from Latvia in 2022:

  1. Estonia (15.0 units)

Source: IndexBox Market Intelligence Platform

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