Latvia - Line Pipe of Steel other than Stainless Steel for Oil or Gas Pipelines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLatvia: Market for Line Pipe of Steel other than Stainless Steel for Oil or Gas Pipelines 2024
Market Size for Line Pipe of Steel other than Stainless Steel for Oil or Gas Pipelines in Latvia
The Latvian market for line pipe of steel other than stainless steel for oil or gas pipelines surged to $X in 2023, increasing by X% against the previous year. Overall, consumption posted a buoyant increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.
Production of Line Pipe of Steel other than Stainless Steel for Oil or Gas Pipelines in Latvia
In value terms, production of line pipe of steel other than stainless steel for oil or gas pipelines reached $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, production of attained the maximum level in 2023 and is expected to retain growth in the near future.
Exports of Line Pipe of Steel other than Stainless Steel for Oil or Gas Pipelines
Exports from Latvia
Exports of line pipe of steel other than stainless steel for oil or gas pipelines from Latvia was estimated at X tons in 2023, increasing by X% compared with the previous year. Overall, exports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2020 with an increase of X%. The exports peaked at X tons in 2013; however, from 2014 to 2023, the exports failed to regain momentum.
In value terms, exports of line pipe of steel other than stainless steel for oil or gas pipelines soared to $X in 2023. Over the period under review, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by X%. The exports peaked in 2023 and are expected to retain growth in years to come.
Exports by Country
Kazakhstan (X tons) was the main destination for exports of line pipe of steel other than stainless steel for oil or gas pipelines from Latvia, with a X% share of total exports. It was followed by Lithuania (X kg), with a X% share of total exports.
From 2012 to 2023, the average annual growth rate of volume to Kazakhstan stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (X% per year) and Estonia (X% per year).
In value terms, Kazakhstan ($X) remains the key foreign market for line pipe of steel other than stainless steel for oil or gas pipelines exports from Latvia, comprising X% of total exports. The second position in the ranking was taken by Lithuania ($X), with less than X% share of total exports.
From 2012 to 2023, the average annual rate of growth in terms of value to Kazakhstan totaled X.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (X% per year) and Estonia (X% per year).
Export Prices by Country
The average export price for line pipe of steel other than stainless steel for oil or gas pipelines stood at $X per ton in 2023, with an increase of X% against the previous year. Over the period under review, the export price showed significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while the average price for exports to Lithuania ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (X.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Line Pipe of Steel other than Stainless Steel for Oil or Gas Pipelines
Imports into Latvia
In 2023, the amount of line pipe of steel other than stainless steel for oil or gas pipelines imported into Latvia surged to X tons, increasing by X% compared with the previous year's figure. Overall, imports enjoyed a notable expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of line pipe of steel other than stainless steel for oil or gas pipelines surged to $X in 2023. In general, imports saw a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Imports by Country
In 2023, Italy (X tons) was the main supplier of line pipe of steel other than stainless steel for oil or gas pipelines to Latvia, accounting for a X% share of total imports. Moreover, imports of line pipe of steel other than stainless steel for oil or gas pipelines from Italy exceeded the figures recorded by the second-largest supplier, Lithuania (X tons), more than tenfold. Poland (X tons) ranked third in terms of total imports with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume from Italy stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (X% per year) and Poland (X% per year).
In value terms, Italy ($X) constituted the largest supplier of line pipe of steel other than stainless steel for oil or gas pipelines to Latvia, comprising X% of total imports. The second position in the ranking was held by Lithuania ($X), with a X% share of total imports. It was followed by Poland, with a X% share.
From 2012 to 2023, the average annual growth rate of value from Italy totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (X% per year) and Poland (X% per year).
Import Prices by Country
In 2023, the average import price for line pipe of steel other than stainless steel for oil or gas pipelines amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price continues to indicate a resilient expansion. The growth pace was the most rapid in 2015 an increase of X%. Over the period under review, average import prices attained the peak figure in 2023 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Estonia (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for line pipe of steel other than stainless steel for oil or gas pipelines 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 24201150 - Line pipe, of a kind used for oil or gas pipelines, seamless, of steel other than stainless steel
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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