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Latvia - Lathes For Removing Metal - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Lathe for Removing Metal in Latvia - 2023
Contents:
- Price for Lathe for Removing Metal in Latvia (CIF) - 2022
- Price for Lathe for Removing Metal in Latvia (FOB) - 2022
- Imports of Lathe for Removing Metal in Latvia
- Exports of Lathe for Removing Metal in Latvia
Price for Lathe for Removing Metal in Latvia (CIF) - 2022
In 2022, the average lathe for removing metal import price amounted to $40,750 per unit, increasing by 22% against the previous year. Overall, the import price recorded a resilient expansion. The pace of growth was the most pronounced in 2015 an increase of 216%. The import price peaked at $55,417 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($195,439 per unit), while the price for Poland ($4,582 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+93.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Lathe for Removing Metal in Latvia (FOB) - 2022
In 2022, the average lathe for removing metal export price amounted to $34,326 per unit, with a decrease of -25.1% against the previous year. In general, the export price, however, recorded a strong expansion. The growth pace was the most rapid in 2015 an increase of 197% against the previous year. Over the period under review, the average export prices hit record highs at $89,716 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($39,853 per unit), while the average price for exports to Kyrgyzstan ($3,061 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 (+17.7%), while the prices for the other major destinations experienced a decline.
Imports of Lathe for Removing Metal in Latvia
Lathe for removing metal imports into Latvia shrank significantly to 102 units in 2022, waning by -26.6% against the previous year. Overall, imports showed a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 60%. Over the period under review, lafor removing metal imports reached the maximum at 216 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, lathe for removing metal imports shrank to $4.2M in 2022. Over the period under review, imports faced a sharp decline. The most prominent rate of growth was recorded in 2021 when imports increased by 22%. Imports peaked at $11M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Lathe for Removing Metal in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 3,962 | 1,241 | 2,349 | 2,063 | -19.5% |
Italy | 845 | 103 | 111 | 619 | -9.9% |
United Kingdom | 43.6 | N/A | N/A | 586 | 137.8% |
South Korea | 319 | 645 | 115 | 253 | -7.4% |
China | N/A | 20.2 | 69.5 | 113 | 136.5% |
Bulgaria | N/A | N/A | N/A | 50.4 | 0% |
Poland | 13.2 | 125 | 81.2 | 22.9 | 20.2% |
Sweden | 2,791 | 968 | 83.4 | 12.6 | -83.5% |
Estonia | 260 | 12.2 | 804 | 5.9 | -71.7% |
Russia | 579 | 26.6 | 35.0 | N/A | -75.4% |
Czech Republic | 1,826 | N/A | N/A | N/A | 0% |
Others | 89.0 | 686 | 1,005 | 430 | 69.1% |
Total | 10,729 | 3,827 | 4,653 | 4,157 | -27.1% |
Top Suppliers of Lathe for Removing Metal to Latvia in 2022:
- Germany (40.0 units)
- Italy (28.0 units)
- China (14.0 units)
- Poland (5.0 units)
- United Kingdom (3.0 units)
- South Korea (2.0 units)
- Bulgaria (2.0 units)
- Estonia (1.0 units)
- Sweden (1.0 units)
Exports of Lathe for Removing Metal in Latvia
In 2022, approx. 79 units of lathes for removing metal were exported from Latvia; surging by 20% compared with 2021 figures. Over the period under review, exports, however, faced a significant decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 27% against the previous year. The exports peaked at 374 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, lathe for removing metal exports dropped to $2.7M in 2022. In general, exports, however, faced a sharp descent. The pace of growth appeared the most rapid in 2021 when exports increased by 22%. The exports peaked at $12M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Lathe for Removing Metal in Latvia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lithuania | 1.3 | 2.0 | 2.0 | 1.7 | 9.4% |
Russia | 7.5 | 0.3 | 0.9 | 0.8 | -52.6% |
Kazakhstan | N/A | N/A | N/A | 0.1 | 0% |
Spain | N/A | N/A | N/A | N/A | 0% |
United Kingdom | 0.4 | N/A | N/A | N/A | 0% |
Estonia | 0.2 | 0.1 | 0.2 | N/A | 0.0% |
Kyrgyzstan | N/A | N/A | N/A | N/A | 0% |
United States | 2.1 | N/A | N/A | N/A | 0% |
Others | 0.1 | N/A | 0.1 | N/A | 0.0% |
Total | 11.5 | 2.5 | 3.0 | 2.7 | -38.3% |
Top Export Markets for Lathe for Removing Metal from Latvia in 2022:
- Lithuania (46.0 units)
- Russia (21.0 units)
- Kazakhstan (8.0 units)
- Kyrgyzstan (2.0 units)
- Spain (2.0 units)
This report provides an in-depth analysis of the market for lathe for removing metal 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 28412123 - Numerically controlled horizontal lathes, turning centres, for removing metal
- Prodcom 28412127 - Numerically controlled horizontal lathes, automatic lathes, for removing metal (excluding turning centres)
- Prodcom 28412129 - Numerically controlled horizontal lathes, for removing metal (excluding turning centres, automatic lathes)
- Prodcom 28412140 - Non-numerically controlled horizontal lathes, for removing metal
- Prodcom 28412160 - Lathes, including turning centres, for removing metal (excluding horizontal lathes)
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
-
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
-
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
This report provides an in-depth analysis of the market for lathe for removing metal in Latvia.
This report provides an in-depth analysis of the non-numerically controlled lathe market in Latvia.
This report provides an in-depth analysis of the global market for lathe for removing metal.
Global Metal Removing Lathe Market Report 2018. This report provides an in-depth analysis of the global metal removing lathe market.
This report provides an in-depth analysis of the global non-numerically controlled lathe market.
Global Numerically Controlled Lathe Market Report 2018. This report provides an in-depth analysis of the global numerically controlled lathe market.
This report provides an in-depth analysis of the market for lathe for removing metal in Latvia.
This report provides an in-depth analysis of the non-numerically controlled lathe market in Latvia.
This report provides an in-depth analysis of the global market for lathe for removing metal.
Global Metal Removing Lathe Market Report 2018. This report provides an in-depth analysis of the global metal removing lathe market.
Explore the top import markets for lathe machines for removing metal, including the United States, Germany, China, Italy, and more. Discover key statistics and market insights from the IndexBox market intelligence platform.
In 2016, the global imports of lathe for removing metal stood at X tons, shrinking by -X% against the previous year figure. Overall, lathe for removing metal imports continue to indicate a slig...
In 2016, the global imports of lathe for removing metal stood at X tons, shrinking by -X% against the previous year figure. Overall, lathe for removing metal imports continue to indicate a slig...
Explore the top import markets for lathe machines for removing metal, including the United States, Germany, China, Italy, and more. Discover key statistics and market insights from the IndexBox market intelligence platform.
In 2016, the global imports of lathe for removing metal stood at X tons, shrinking by -X% against the previous year figure. Overall, lathe for removing metal imports continue to indicate a slig...
In 2016, the global imports of lathe for removing metal stood at X tons, shrinking by -X% against the previous year figure. Overall, lathe for removing metal imports continue to indicate a slig...