Price for Tubes; Microwave, Magnetrons, Excluding Grid-Controlled Tubes in Latvia - 2023

Contents:

  1. Price for Tubes; Microwave, Magnetrons, Excluding Grid-Controlled Tubes in Latvia (CIF) - 2022
  2. Price for Tubes; Microwave, Magnetrons, Excluding Grid-Controlled Tubes in Latvia (FOB) - 2022
  3. Imports of Tubes; Microwave, Magnetrons, Excluding Grid-Controlled Tubes in Latvia
  4. Exports of Tubes; Microwave, Magnetrons, Excluding Grid-Controlled Tubes in Latvia

Price for Tubes; Microwave, Magnetrons, Excluding Grid-Controlled Tubes in Latvia (CIF) - 2022

The average import price for tubes; microwave, magnetrons, excluding grid-controlled tubeses stood at $443 per unit in 2022, rising by 95% against the previous year. Over the period under review, the import price enjoyed a perceptible expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Denmark ($696 per unit), while the price for Lithuania ($85 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tubes; Microwave, Magnetrons, Excluding Grid-Controlled Tubes in Latvia (FOB) - 2022

In 2022, the average export price for tubes; microwave, magnetrons, excluding grid-controlled tubeses amounted to $593 per unit, rising by 128% against the previous year. Overall, the export price continues to indicate moderate growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 Azerbaijan ($689 per unit), while the average price for exports to the Netherlands ($188 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 Azerbaijan (+101.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tubes; Microwave, Magnetrons, Excluding Grid-Controlled Tubes in Latvia

For the third year in a row, Latvia recorded decline in overseas purchases of tubes; microwave, magnetrons, excluding grid-controlled tubeses, which decreased by -19% to 1.5K units in 2022. Over the period under review, imports faced a abrupt setback. The smallest decline of -14% was in 2020. Imports peaked at 2.6K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of tubes; microwave, magnetrons, excluding grid-controlled tubeses soared to $659K in 2022. In general, imports, however, showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Tubes; Microwave, Magnetrons, Excluding Grid-Controlled Tubes in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands15015519625920.0%
DenmarkN/A45.478.4200109.9%
Germany11811210417514.0%
Lithuania7.821.627.425.047.4%
Others0.111.512.30.791.3%
Total27634541865933.7%

Top Suppliers of Tubes; Microwave, Magnetrons, Excluding Grid-Controlled Tubes to Latvia in 2022:

  1. Germany (460.0 units)
  2. Netherlands (439.0 units)
  3. Lithuania (295.0 units)
  4. Denmark (288.0 units)

Exports of Tubes; Microwave, Magnetrons, Excluding Grid-Controlled Tubes in Latvia

In 2022, exports of tubes; microwave, magnetrons, excluding grid-controlled tubeses from Latvia skyrocketed to 275 units, with an increase of 64% on the previous year. Over the period under review, exports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 95%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of tubes; microwave, magnetrons, excluding grid-controlled tubeses surged to $163K in 2022. Overall, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Tubes; Microwave, Magnetrons, Excluding Grid-Controlled Tubes in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey0.711.3N/A87.0399.0%
BarbadosN/AN/AN/A22.70%
Lithuania9.15.522.010.13.5%
Estonia1.80.41.49.071.0%
SpainN/AN/AN/A7.10%
AzerbaijanN/A1.50.64.878.9%
NetherlandsN/A1.96.10.4-54.1%
OthersN/A6.213.622.188.8%
Total11.626.743.7163141.3%

Top Export Markets for Tubes; Microwave, Magnetrons, Excluding Grid-Controlled Tubes from Latvia in 2022:

  1. Turkey (132.0 units)
  2. Estonia (36.0 units)
  3. Barbados (35.0 units)
  4. Lithuania (25.0 units)
  5. Spain (15.0 units)
  6. Azerbaijan (7.0 units)
  7. Netherlands (2.0 units)

Source: IndexBox Market Intelligence Platform

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