Price for Saws for Working in the Hand, with Self-Contained Electric Motor in Latvia - 2024

Contents:

  1. Price for Saws for Working in the Hand, with Self-Contained Electric Motor in Latvia (CIF) - 2024
  2. Price for Saws for Working in the Hand, with Self-Contained Electric Motor in Latvia (FOB) - 2022
  3. Imports of Saws for Working in the Hand, with Self-Contained Electric Motor in Latvia
  4. Exports of Saws for Working in the Hand, with Self-Contained Electric Motor in Latvia

Price for Saws for Working in the Hand, with Self-Contained Electric Motor in Latvia (CIF) - 2024

In January 2024, the average import price for saws for working in the hand, with self-contained electric motor amounted to $117 per unit, jumping by 33% against the previous month. In general, import price indicated tangible growth from January 2023 to January 2024: its price increased at an average monthly rate of +4.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2024 figures, import price for saws for working in the hand, with self-contained electric motor increased by +96.6% against September 2023 indices. The growth pace was the most rapid in July 2023 when the average import price increased by 44% month-to-month. The import price peaked in January 2024.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Sweden ($233 per unit), while the price for the Netherlands ($29.6 per unit) was amongst the lowest.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Finland (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Saws for Working in the Hand, with Self-Contained Electric Motor in Latvia (FOB) - 2022

The average export price for saws for working in the hand, with self-contained electric motor stood at $63 per unit in 2022, rising by 7.6% against the previous year. Overall, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for saws for working in the hand, with self-contained electric motor increased by +9.4% against 2020 indices. The pace of growth appeared the most rapid in 2015 an increase of 55% against the previous year. Over the period under review, the average export prices hit record highs at $64 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($107 per unit), while the average price for exports to Estonia ($48 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 (+40.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Saws for Working in the Hand, with Self-Contained Electric Motor in Latvia

For the fourth year in a row, Latvia recorded growth in supplies from abroad of saws for working in the hand, with self-contained electric motor, which increased by 3% to 100K units in 2022. The total import volume increased at an average annual rate of +10.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 30% against the previous year. Over the period under review, imports of saws for working in hand, with self-contained electric motor hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of saws for working in the hand, with self-contained electric motor rose modestly to $5.9M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +16.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.3% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 24%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Saws for Working in the Hand, with Self-Contained Electric Motor in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia1,0101,0281,3471,56215.6%
Germany1,3121,6511,7251,309-0.1%
Lithuania32356092398044.8%
China53150257280514.9%
Poland21350472272350.3%
Finland12817617921017.9%
Netherlands76.661.968.987.24.4%
Others1832001982287.6%
Total3,7784,6835,7335,90316.0%

Top Suppliers of Saws for Working in the Hand, with Self-Contained Electric Motor to Latvia in 2022:

  1. Germany (26.8K units)
  2. China (21.7K units)
  3. Estonia (20.8K units)
  4. Lithuania (14.7K units)
  5. Poland (7.4K units)
  6. Finland (4.0K units)
  7. Netherlands (2.8K units)

Exports of Saws for Working in the Hand, with Self-Contained Electric Motor in Latvia

In 2022, shipments abroad of saws for working in the hand, with self-contained electric motor decreased by -23.2% to 22K units, falling for the second consecutive year after two years of growth. Overall, exports showed a abrupt descent. The pace of growth appeared the most rapid in 2020 when exports increased by 3.5%. As a result, the exports reached the peak of 29K units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of saws for working in the hand, with self-contained electric motor declined markedly to $1.4M in 2022. In general, exports saw a abrupt decrease. The smallest decline of -1.6% was in 2020. The exports peaked at $1.7M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Saws for Working in the Hand, with Self-Contained Electric Motor in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania1,2161,1491,209894-9.7%
Estonia323335325273-5.5%
Germany66.511736.111219.0%
Poland21.459.228.610.1-22.1%
Others10342.668.089.1-4.7%
Total1,7301,7021,6671,378-7.3%

Top Export Markets for Saws for Working in the Hand, with Self-Contained Electric Motor from Latvia in 2022:

  1. Lithuania (14.3K units)
  2. Estonia (5.7K units)
  3. Germany (1.0K units)
  4. Poland (0.1K units)

Source: IndexBox Market Intelligence Platform

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