Latvia - Medical, Surgical or Laboratory Sterilisers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLatvia: Market for Medical, Surgical or Laboratory Sterilizers 2024
Market Size for Medical, Surgical or Laboratory Sterilizers in Latvia
The Latvian medical or laboratory sterilizer market surged to $X in 2023, increasing by X% against the previous year. Over the period under review, consumption recorded a significant increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.
Production of Medical, Surgical or Laboratory Sterilizers in Latvia
In value terms, medical or laboratory sterilizer production skyrocketed to $X in 2023 estimated in export price. Over the period under review, production, however, faced a abrupt downturn. Medical or laboratory sterilizer production peaked at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.
Exports of Medical, Surgical or Laboratory Sterilizers
Exports from Latvia
In 2023, approx. X units of medical, surgical or laboratory sterilizers were exported from Latvia; which is down by X% against the previous year. Overall, exports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. The exports peaked at X units in 2020; however, from 2021 to 2023, the exports remained at a lower figure.
In value terms, medical or laboratory sterilizer exports reduced dramatically to $X in 2023. In general, exports, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2023, the exports remained at a lower figure.
Exports by Country
Russia (X units) was the main destination for medical or laboratory sterilizer exports from Latvia, accounting for a X% share of total exports. Moreover, medical or laboratory sterilizer exports to Russia exceeded the volume sent to the second major destination, Kazakhstan (X units), twofold. Lithuania (X units) ranked third in terms of total exports with a X% share.
From 2012 to 2023, the average annual growth rate of volume to Russia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (X% per year) and Lithuania (X% per year).
In value terms, Russia ($X) remains the key foreign market for medical, surgical or laboratory sterilizers exports from Latvia, comprising X% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total exports. It was followed by Lithuania, with a X% share.
From 2012 to 2023, the average annual growth rate of value to Russia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (X% per year) and Lithuania (X% per year).
Export Prices by Country
In 2023, the average medical or laboratory sterilizer export price amounted to $X per unit, jumping by X% against the previous year. Over the period under review, the export price, however, showed a drastic downturn. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Kazakhstan ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Medical, Surgical or Laboratory Sterilizers
Imports into Latvia
Medical or laboratory sterilizer imports into Latvia soared to X units in 2023, surging by X% against 2022. Over the period under review, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2019 when imports increased by X%. Imports peaked in 2023 and are likely to continue growth in the immediate term.
In value terms, medical or laboratory sterilizer imports surged to $X in 2023. In general, imports showed buoyant growth. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Imports peaked in 2023 and are likely to see steady growth in the near future.
Imports by Country
In 2023, Portugal (X units) constituted the largest supplier of medical or laboratory sterilizer to Latvia, with a X% share of total imports. Moreover, medical or laboratory sterilizer imports from Portugal exceeded the figures recorded by the second-largest supplier, Estonia (X units), sixfold. The third position in this ranking was taken by the Netherlands (X units), with a X% share.
From 2020 to 2023, the average annual rate of growth in terms of volume from Portugal totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Estonia (X% per year) and the Netherlands (X% per year).
In value terms, Portugal ($X) constituted the largest supplier of medical, surgical or laboratory sterilizers to Latvia, comprising X% of total imports. The second position in the ranking was held by Estonia ($X), with a X% share of total imports. It was followed by the Netherlands, with a X% share.
From 2020 to 2023, the average annual rate of growth in terms of value from Portugal amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Estonia (X% per year) and the Netherlands (X% per year).
Import Prices by Country
In 2023, the average medical or laboratory sterilizer import price amounted to $X per unit, falling by X% against the previous year. In general, the import price recorded a pronounced contraction. The most prominent rate of growth was recorded in 2022 an increase of X%. As a result, import price attained the peak level of $X per unit, and then declined dramatically in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.
From 2020 to 2023, the most notable rate of growth in terms of prices was attained by Germany (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 medical or laboratory sterilizer 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 32501200 - Medical, surgical or laboratory sterilisers
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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