Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Latvia - 2023

Contents:

  1. Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Latvia (CIF) - 2022
  2. Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Latvia (FOB) - 2022
  3. Imports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Latvia
  4. Exports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Latvia

Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Latvia (CIF) - 2022

In 2022, the average import price for lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s amounted to $11 per unit, reducing by -34.6% against the previous year. In general, the import price, however, recorded modest growth. The most prominent rate of growth was recorded in 2021 an increase of 105% against the previous year. As a result, import price reached the peak level of $17 per unit, and then declined remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($85 per unit), while the price for China ($3.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+23.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Latvia (FOB) - 2022

In 2022, the average export price for lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s amounted to $25 per unit, with an increase of 2.5% against the previous year. Overall, the export price saw resilient growth. The pace of growth appeared the most rapid in 2018 when the average export price increased by 29%. As a result, the export price attained the peak level of $32 per unit. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($126 per unit), while the average price for exports to Belarus ($7.5 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 Russia (+20.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Latvia

In 2022, the amount of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s imported into Latvia skyrocketed to 66K units, with an increase of 39% against 2021 figures. Overall, imports showed a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 119% against the previous year. As a result, imports reached the peak of 84K units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s declined to $740K in 2022. The total import value increased at an average annual rate of +5.8% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 16%. As a result, imports attained the peak of $812K, and then shrank in the following year.

Import of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France35.542.210219175.2%
Netherlands19461.9105106-18.2%
Germany80.498.671.582.30.8%
Poland32.410611677.033.4%
China19.711637.458.643.8%
Lithuania48.744.330.846.2-1.7%
Denmark0.121.81.914.0419.2%
Japan14.741.29.37.0-21.9%
Russia11247.2147N/A14.6%
Others86.812419015922.4%
Total6257028127405.8%

Top Suppliers of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) to Latvia in 2022:

  1. China (18.7K units)
  2. Lithuania (14.0K units)
  3. Poland (10.9K units)
  4. Netherlands (6.1K units)
  5. Germany (5.8K units)
  6. Denmark (4.2K units)
  7. France (2.2K units)
  8. Japan (0.2K units)

Exports of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Latvia

For the fourth consecutive year, Latvia recorded growth in shipments abroad of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s, which increased by 4.1% to 18K units in 2022. The total export volume increased at an average annual rate of +14.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 31% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, exports of lamps; ultra-violet or infra-red lamps, (excluding arc-lamps)s stood at $443K in 2022. The total export value increased at an average annual rate of +12.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 16% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia73.712615615427.8%
Lithuania13869.210983.3-15.5%
TurkeyN/AN/A3.877.71944.7%
Germany65.780.274.828.1-24.7%
Kazakhstan0.3N/A1.114.5264.3%
Estonia6.88.513.713.325.1%
PolandN/A0.21.56.3461.2%
NetherlandsN/A11.52.12.5-53.4%
SlovakiaN/A14.01.52.1-61.3%
Belarus21.829.019.92.0-54.9%
Others9.017.731.058.786.8%
Total31535641544312.0%

Top Export Markets for Lamps; Ultra-Violet or Infra-Red Lamps, (Excluding Arc-Lamps) from Latvia in 2022:

  1. Lithuania (6.9K units)
  2. Turkey (3.2K units)
  3. Germany (1.9K units)
  4. Estonia (1.5K units)
  5. Russia (1.2K units)
  6. Kazakhstan (0.6K units)
  7. Poland (0.5K units)
  8. Slovakia (0.4K units)
  9. Belarus (0.3K units)
  10. Netherlands (0.3K units)

Source: IndexBox Market Intelligence Platform

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