Price for Parts of Harvester and Threshers in Latvia - 2023
Contents:
- Price for Parts of Harvester and Threshers in Latvia (FOB) - 2022
- Price for Parts of Harvester and Threshers in Latvia (CIF) - 2022
- Exports of Parts of Harvester and Threshers in Latvia
- Imports of Parts of Harvester and Threshers in Latvia
Price for Parts of Harvester and Threshers in Latvia (FOB) - 2022
In 2022, the average export price for parts of harvester and threshers amounted to $4.1 per unit, with a decrease of -3.3% against the previous year. In general, the export price showed a perceptible curtailment. The pace of growth appeared the most rapid in 2021 an increase of 12% against the previous year. Over the period under review, the average export prices hit record highs at $5.7 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($7.9 per unit), while the average price for exports to Denmark ($2.7 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 France (+2.6%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Parts of Harvester and Threshers in Latvia (CIF) - 2022
In 2022, the average import price for parts of harvester and threshers amounted to $6.6 per unit, dropping by -23% against the previous year. In general, the import price recorded a pronounced descent. The growth pace was the most rapid in 2013 an increase of 17%. As a result, import price reached the peak level of $9.5 per unit. From 2014 to 2022, the average 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 France ($14 per unit), while the price for Croatia ($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 China (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Parts of Harvester and Threshers in Latvia
In 2022, the amount of parts of harvester and threshers exported from Latvia skyrocketed to 6.9M units, growing by 47% against the year before. Over the period under review, exports enjoyed resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, parts of harvester and threshers exports soared to $28M in 2022. In general, exports saw significant growth. The growth pace was the most rapid in 2021 with an increase of 47% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
Export of Parts of Harvester and Threshers in Latvia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 11.2 | 9.1 | 13.5 | 18.3 | 17.8% |
Russia | 1.0 | 0.9 | 1.6 | 4.7 | 67.5% |
Lithuania | 0.9 | 1.4 | 2.3 | 2.4 | 38.7% |
France | 0.9 | 0.4 | 0.8 | 0.7 | -8.0% |
Belarus | 1.0 | 0.9 | 0.7 | 0.6 | -15.7% |
Estonia | 0.5 | 0.4 | 0.6 | 0.4 | -7.2% |
Others | 0.8 | 0.5 | 0.5 | 1.3 | 17.6% |
Total | 16.3 | 13.6 | 20.0 | 28.4 | 20.3% |
Top Export Markets for Parts of Harvester and Threshers from Latvia in 2022:
- Germany (4406.1K units)
- Russia (1307.9K units)
- Lithuania (694.0K units)
- France (158.4K units)
- Estonia (74.7K units)
- Belarus (42.4K units)
Imports of Parts of Harvester and Threshers in Latvia
In 2022, imports of parts of harvester and threshers into Latvia soared to 3.3M units, increasing by 48% compared with 2021 figures. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +14.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +91.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, parts of harvester and threshers imports rose markedly to $22M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +15.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 48%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.
Import of Parts of Harvester and Threshers in Latvia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 5.6 | 4.9 | 8.1 | 8.1 | 13.1% |
Lithuania | 4.3 | 3.7 | 5.6 | 7.0 | 17.6% |
Italy | 0.5 | 0.7 | 1.2 | 1.8 | 53.3% |
Poland | 0.5 | 0.6 | 0.8 | 0.8 | 17.0% |
France | 0.9 | 1.0 | 0.4 | 0.8 | -3.9% |
Sweden | 0.6 | 0.4 | 0.5 | 0.5 | -5.9% |
Czech Republic | 0.1 | 0.1 | 0.1 | 0.4 | 58.7% |
Croatia | 0.2 | 0.4 | 0.7 | 0.4 | 26.0% |
Others | 1.1 | 1.1 | 1.6 | 1.8 | 17.8% |
Total | 13.9 | 12.8 | 18.9 | 21.6 | 15.8% |
Top Suppliers of Parts of Harvester and Threshers to Latvia in 2022:
- Germany (1872.5K units)
- Lithuania (536.2K units)
- Italy (277.2K units)
- Croatia (139.2K units)
- Poland (124.0K units)
- Czech Republic (67.9K units)
- Sweden (55.1K units)
- France (54.6K units)
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