Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Latvia - 2024
Contents:
- Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Latvia (CIF) - 2022
- Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Latvia (FOB) - 2022
- Imports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Latvia
- Exports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Latvia
Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Latvia (CIF) - 2022
The average import price for lightning arresters, voltage limiters and surge suppressors for over 1000 v stood at $3.8 per unit in 2022, growing by 40% against the previous year. Overall, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for lightning arresters, voltage limiters and surge suppressors for over 1000 v decreased by -25.0% against 2018 indices. The most prominent rate of growth was recorded in 2016 an increase of 46%. Over the period under review, average import prices attained the maximum at $5.1 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
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 Germany ($16 per unit), while the price for Poland ($2.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+31.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Latvia (FOB) - 2022
The average export price for lightning arresters, voltage limiters and surge suppressors for over 1000 v stood at $11 per unit in 2022, declining by -10.6% against the previous year. In general, the export price continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2015 when the average export price increased by 62%. The export price peaked at $28 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($16 per unit), while the average price for exports to Sweden ($2.5 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 Lithuania (-4.2%), while the prices for the other major destinations experienced a decline.
Imports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Latvia
Imports of lightning arresters, voltage limiters and surge suppressors for over 1000 v into Latvia skyrocketed to 389K units in 2022, with an increase of 22% compared with 2021 figures. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 84% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, imports of lightning arresters, voltage limiters and surge suppressors for over 1000 v soared to $1.5M in 2022. Over the period under review, imports posted prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 141 | 189 | 269 | 748 | 74.4% |
| Estonia | 94.6 | 81.9 | 79.2 | 195 | 27.3% |
| Hungary | 110 | 111 | 127 | 154 | 11.9% |
| Lithuania | 115 | 43.1 | 80.3 | 84.4 | -9.8% |
| Germany | 328 | 116 | 166 | 67.4 | -41.0% |
| France | 79.4 | 34.8 | 46.3 | 47.7 | -15.6% |
| Russia | 11.2 | 32.3 | 43.8 | 42.9 | 56.5% |
| Others | 93.6 | 92.7 | 58.6 | 151 | 17.3% |
| Total | 974 | 700 | 870 | 1,491 | 15.2% |
Top Suppliers of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V to Latvia in 2022:
- Poland (314.4K units)
- Lithuania (28.9K units)
- Estonia (15.5K units)
- France (7.8K units)
- Russia (7.3K units)
- Hungary (4.9K units)
- Germany (4.1K units)
Exports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Latvia
In 2022, approx. 66K units of lightning arresters, voltage limiters and surge suppressors for over 1000 v were exported from Latvia; increasing by 453% on 2021. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of lightning arresters, voltage limiters and surge suppressors for over 1000 v surged to $757K in 2022. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 74.0 | 4.5 | 0.7 | 487 | 87.4% |
| China | N/A | N/A | N/A | 89.3 | 0% |
| Lithuania | 58.8 | 67.7 | 94.2 | 70.8 | 6.4% |
| Estonia | 25.3 | 30.5 | 43.9 | 59.6 | 33.1% |
| United States | N/A | N/A | N/A | 10.6 | 0% |
| Others | 38.3 | 20.2 | 14.2 | 39.2 | 0.8% |
| Total | 196 | 123 | 153 | 757 | 56.9% |
Top Export Markets for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V from Latvia in 2022:
- Russia (30.6K units)
- China (19.8K units)
- Lithuania (7.8K units)
- Estonia (3.9K units)
- United States (3.0K units)
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