Latvia - Thermoforming Machines For Working Rubber Or Plastics - Market Analysis, Forecast, Size, Trends And Insights
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View PricingThermoforming Machine Price in Latvia - 2023
Contents:
- Thermoforming Machine Price in Latvia (CIF) - 2022
- Thermoforming Machine Price in Latvia (FOB) - 2022
- Thermoforming Machine Imports in Latvia
- Thermoforming Machine Exports in Latvia
Thermoforming Machine Price in Latvia (CIF) - 2022
In 2022, the average thermoforming machine import price amounted to $41,792 per unit, rising by 7.8% against the previous year. In general, the import price, however, continues to indicate a slight downturn. The pace of growth appeared the most rapid in 2017 an increase of 289%. Over the period under review, average import prices attained the maximum at $48,632 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 Switzerland ($85,201 per unit), while the price for the Netherlands ($1,739 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+22.8%), while the prices for the other major suppliers experienced a decline.
Thermoforming Machine Price in Latvia (FOB) - 2022
In 2022, the average thermoforming machine export price amounted to $21,382 per unit, standing approx. at the previous year. Overall, the export price continues to indicate a pronounced slump. The pace of growth appeared the most rapid in 2017 an increase of 145% against the previous year. Over the period under review, the average export prices reached the maximum at $213,771 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($31,190 per unit), while the average price for exports to Estonia ($1,442 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 Estonia (+26.1%), while the prices for the other major destinations experienced a decline.
Thermoforming Machine Imports in Latvia
For the fourth consecutive year, Latvia recorded growth in supplies from abroad of thermoforming machines for working rubber or plastics, which increased by 4.3% to 24 units in 2022. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 850%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, thermoforming machine imports expanded markedly to $1M in 2022. Overall, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 2,625%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.
Import of Thermoforming Machine in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Switzerland | N/A | N/A | 735 | 852 | 15.9% |
Spain | N/A | N/A | N/A | 125 | 0% |
Germany | N/A | 563 | 11.7 | 9.7 | -86.9% |
Lithuania | 14.8 | N/A | N/A | 7.8 | -19.2% |
China | 9.3 | 0.1 | 10.1 | 4.9 | -19.2% |
Italy | N/A | N/A | 8.5 | 2.1 | -75.3% |
Netherlands | N/A | 1.8 | 0.3 | 1.7 | -2.8% |
India | N/A | N/A | 75.0 | N/A | 0% |
Czech Republic | N/A | 35.4 | N/A | N/A | 0% |
Others | N/A | 55.2 | 51.0 | N/A | -7.6% |
Total | 24.0 | 655 | 891 | 1,003 | 247.0% |
Top Suppliers of Thermoforming Machine to Latvia in 2022:
- Switzerland (10.0 units)
- Spain (9.0 units)
- Netherlands (1.0 units)
- Italy (1.0 units)
- Lithuania (1.0 units)
- Germany (1.0 units)
- China (1.0 units)
Thermoforming Machine Exports in Latvia
For the third consecutive year, Latvia recorded growth in shipments abroad of thermoforming machines for working rubber or plastics, which increased by 100% to 6 units in 2022. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, thermoforming machine exports skyrocketed to $128K in 2022. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Thermoforming Machine in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Russia | 87.2 | N/A | 125 | 19.7% | |
Kazakhstan | N/A | N/A | 2.1 | 0% | |
Estonia | N/A | N/A | 1.4 | 0% | |
Czech Republic | N/A | 64.4 | N/A | 0% | |
Others | N/A | N/A | N/A | 0% | |
Total | 87.2 | 64.4 | 128 | 21.2% |
Top Export Markets for Thermoforming Machine from Latvia in 2022:
- Russia (4.0 units)
- Kazakhstan (1.0 units)
- Estonia (1.0 units)
This report provides an in-depth analysis of the thermoforming machine market in Latvia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28961050 - Vacuum-moulding machines and other thermoforming machines for working rubber or plastics or for manufacturing rubber or plastic products
Country coverage:
- Latvia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Latvia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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