Price for Mower for Lawns, Parks or Sports Grounds in Latvia - 2024
Contents:
- Price for Mower for Lawns, Parks or Sports Grounds in Latvia (CIF) - 2024
- Price for Mower for Lawns, Parks or Sports Grounds in Latvia (FOB) - 2022
- Imports of Mower for Lawns, Parks or Sports Grounds in Latvia
- Exports of Mower for Lawns, Parks or Sports Grounds in Latvia
Price for Mower for Lawns, Parks or Sports Grounds in Latvia (CIF) - 2024
The average import price for mowers for lawns, parks or sports grounds stood at $948 per unit in July 2023, growing by 28% against the previous month. In general, the import price posted mild growth. The pace of growth appeared the most rapid in June 2023 an increase of 54% month-to-month. Over the period under review, average import prices attained the maximum in July 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($3,094 per unit), while the price for the United States ($524 per unit) was amongst the lowest.
From January 2023 to July 2023, the most notable rate of growth in terms of prices was attained by Sweden (+28.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Mower for Lawns, Parks or Sports Grounds in Latvia (FOB) - 2022
In 2022, the average export price for mowers for lawns, parks or sports grounds amounted to $305 per unit, picking up by 49% against the previous year. In general, the export price, however, recorded a noticeable curtailment. Over the period under review, the average export prices attained the maximum at $475 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($306 per unit), while the average price for exports to Estonia stood at $294 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (-2.8%).
Imports of Mower for Lawns, Parks or Sports Grounds in Latvia
For the fourth consecutive year, Latvia recorded growth in overseas purchases of mowers for lawns, parks or sports grounds, which increased by 20% to 70K units in 2022. Over the period under review, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 54%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of mowers for lawns, parks or sports grounds skyrocketed to $28M in 2022. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 85% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Mower for Lawns, Parks or Sports Grounds in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.8 | 1.8 | 3.8 | 7.2 | 58.7% |
| Estonia | 2.2 | 3.1 | 5.0 | 4.7 | 28.8% |
| Sweden | 2.5 | 2.8 | 4.6 | 4.4 | 20.7% |
| Lithuania | 1.0 | 1.2 | 2.5 | 3.5 | 51.8% |
| Italy | 0.9 | 1.2 | 2.1 | 2.1 | 32.6% |
| Austria | 0.5 | 1.3 | 2.9 | 2.0 | 58.7% |
| Germany | 0.4 | 0.7 | 0.8 | 1.5 | 55.4% |
| Poland | 0.2 | 0.1 | 0.2 | 1.1 | 76.5% |
| Others | 1.1 | 0.3 | 1.1 | 1.8 | 17.8% |
| Total | 10.5 | 12.5 | 23.1 | 28.3 | 39.2% |
Top Suppliers of Mower for Lawns, Parks or Sports Grounds to Latvia in 2022:
- China (25.7K units)
- Estonia (9.1K units)
- Lithuania (8.7K units)
- Germany (8.2K units)
- Italy (4.8K units)
- Poland (4.8K units)
- Sweden (4.2K units)
- Austria (3.2K units)
Exports of Mower for Lawns, Parks or Sports Grounds in Latvia
In 2022, after three years of growth, there was significant decline in overseas shipments of mowers for lawns, parks or sports grounds, when their volume decreased by -34.6% to 11K units. In general, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 179%. Over the period under review, the exports of hit record highs at 17K units in 2021, and then dropped remarkably in the following year.
In value terms, exports of mowers for lawns, parks or sports grounds reduced rapidly to $3.3M in 2022. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 68% against the previous year. The exports peaked at $4M in 2021, and then reduced rapidly in the following year.
| Export of Mower for Lawns, Parks or Sports Grounds in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 1.3 | 2.2 | 3.2 | 2.8 | 29.1% |
| Estonia | 0.2 | 0.4 | 0.6 | 0.5 | 35.7% |
| Others | 0.1 | 0.1 | 0.2 | N/A | 41.4% |
| Total | 1.6 | 2.7 | 4.0 | 3.3 | 27.3% |
Top Export Markets for Mower for Lawns, Parks or Sports Grounds from Latvia in 2022:
- Lithuania (9.1K units)
- Estonia (1.8K units)
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