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Latvia - Float Glass and Surface Ground or Polished Glass - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLatvia: Market for Float Glass And Surface Ground or Polished Glass 2024
Market Size for Float Glass And Surface Ground or Polished Glass in Latvia
The Latvian market for float glass and surface ground or polished glass fell to $X in 2022, with a decrease of X% against the previous year. Overall, consumption, however, showed a perceptible expansion. Consumption of peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.
Production of Float Glass And Surface Ground or Polished Glass in Latvia
In value terms, production of float glass and surface ground or polished glass reduced modestly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a prominent increase. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. Over the period under review, production of hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.
Exports of Float Glass And Surface Ground or Polished Glass
Exports from Latvia
In 2022, approx. X square meters of float glass and surface ground or polished glass were exported from Latvia; with a decrease of X% on the previous year's figure. Over the period under review, exports, however, showed a resilient expansion. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, the exports of reached the peak figure at X square meters in 2021, and then contracted in the following year.
In value terms, exports of float glass and surface ground or polished glass declined to $X in 2022. Overall, exports, however, showed a remarkable increase. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then reduced in the following year.
Exports by Country
Germany (X square meters), the UK (X square meters) and the United States (X square meters) were the main destinations of exports of float glass and surface ground or polished glass from Latvia, with a combined X% share of total exports. The Czech Republic, Sweden, Estonia, Australia, Norway, Belgium, Turkey, China, the Netherlands and Ukraine lagged somewhat behind, together accounting for a further X%.
From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ukraine (with a CAGR of X%), while the other leaders experienced more modest paces of growth.
In value terms, Germany ($X), the UK ($X) and the United States ($X) constituted the largest markets for float glass and surface ground or polished glass exported from Latvia worldwide, with a combined X% share of total exports. The Czech Republic, Australia, Belgium, Norway, Sweden, China, Turkey, the Netherlands, Estonia and Ukraine lagged somewhat behind, together accounting for a further X%.
Ukraine, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The average export price for float glass and surface ground or polished glass stood at $X per square meter in 2022, therefore, remained relatively stable against the previous year. Overall, the export price saw a noticeable contraction. The growth pace was the most rapid in 2014 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per square meter. From 2015 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per square meter), while the average price for exports to Ukraine ($X per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (X%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Float Glass And Surface Ground or Polished Glass
Imports into Latvia
In 2022, the amount of float glass and surface ground or polished glass imported into Latvia dropped rapidly to X square meters, with a decrease of X% compared with the year before. Over the period under review, total imports indicated slight growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X square meters, and then shrank dramatically in the following year.
In value terms, imports of float glass and surface ground or polished glass expanded modestly to $X in 2022. In general, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.
Imports by Country
Poland (X square meters), Belgium (X square meters) and Germany (X square meters) were the main suppliers of imports of float glass and surface ground or polished glass to Latvia, with a combined X% share of total imports. Estonia, Belarus, Russia and Lithuania lagged somewhat behind, together comprising a further X%.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Estonia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Poland ($X) constituted the largest supplier of float glass and surface ground or polished glass to Latvia, comprising X% of total imports. The second position in the ranking was held by Belgium ($X), with an X% share of total imports. It was followed by Estonia, with a X% share.
From 2012 to 2022, the average annual rate of growth in terms of value from Poland amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Estonia (X% per year).
Import Prices by Country
In 2022, the average import price for float glass and surface ground or polished glass amounted to $X per square meter, rising by X% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for float glass and surface ground or polished glass increased by X% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lithuania ($X per square meter), while the price for Belarus ($X per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for float glass and surface ground or polished glass 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 23111212 - Non-wired sheets, of float, surface ground or polished glass, h aving a non-reflecting layer
- Prodcom 23111214 - Non-wired sheets, of float, surface ground or polished glass, h aving an absorbent or reflective layer, of a thickness . 3,5 mm
- Prodcom 23111217 - Non-wired sheets, of float, surface ground or polished glass, h aving an absorbent or reflecting layer, not otherwise worked, o f a thickness > 3,5 mm
- Prodcom 23111230 - Non-wired sheets, of float, surface ground or polished glass, c oloured throughout the mass, opacified, flashed or merely surface ground
- Prodcom 23111290 - Other sheets of float/ground/polished glass, n.e.c.
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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