Lamps; Arc-Lamps Price in Latvia - 2023
Contents:
- Lamps; Arc-Lamps Price in Latvia (CIF) - 2022
- Lamps; Arc-Lamps Price in Latvia (FOB) - 2022
- Lamps; Arc-Lamps Imports in Latvia
- Lamps; Arc-Lamps Exports in Latvia
Lamps; Arc-Lamps Price in Latvia (CIF) - 2022
The average lamps; arc-lamps import price stood at $17 per unit in 2022, which is down by -12.9% against the previous year. Overall, the import price saw a abrupt decrease. The pace of growth appeared the most rapid in 2013 an increase of 9.3% against the previous year. As a result, import price attained the peak level of $51 per unit. From 2014 to 2022, the average import prices failed to regain momentum.
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 Lithuania ($24 per unit), while the price for Finland ($14 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-3.1%), while the prices for the other major suppliers experienced a decline.
Lamps; Arc-Lamps Price in Latvia (FOB) - 2022
In 2022, the average lamps; arc-lamps export price amounted to $43 per unit, rising by 39% against the previous year. In general, the export price saw a prominent increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 122%. As a result, the export price reached the peak level of $51 per unit. From 2014 to 2022, the average export prices remained at a somewhat 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 Kazakhstan ($657 per unit), while the average price for exports to Lithuania ($21 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 Kazakhstan (+63.7%), while the prices for the other major destinations experienced mixed trend patterns.
Lamps; Arc-Lamps Imports in Latvia
In 2022, the amount of lamps; arc-lampses imported into Latvia surged to 37K units, picking up by 19% compared with 2021. The total import volume increased at an average annual rate of +4.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, lamps; arc-lamps imports rose modestly to $623K in 2022. Overall, imports, however, saw a pronounced decline. The most prominent rate of growth was recorded in 2021 when imports increased by 13% against the previous year. Imports peaked at $692K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Lamps; Arc-Lamps in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | 443 | 399 | 397 | 464 | 1.6% |
| Lithuania | 60.7 | 34.0 | 117 | 65.4 | 2.5% |
| Poland | 36.6 | 22.3 | 27.6 | 24.6 | -12.4% |
| Germany | 46.6 | 19.4 | 15.1 | 24.6 | -19.2% |
| Finland | 1.7 | 2.6 | 6.8 | 8.5 | 71.0% |
| Others | 103 | 55.8 | 39.8 | 36.1 | -29.5% |
| Total | 692 | 534 | 603 | 623 | -3.4% |
Top Suppliers of Lamps; Arc-Lamps to Latvia in 2022:
- Slovakia (30.5K units)
- Lithuania (2.8K units)
- Germany (1.4K units)
- Poland (1.1K units)
- Finland (0.6K units)
Lamps; Arc-Lamps Exports in Latvia
In 2022, shipments abroad of lamps; arc-lampses increased by 32% to 1.3K units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a precipitous slump. The exports peaked at 4.1K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, lamps; arc-lamps exports soared to $54K in 2022. In general, exports, however, recorded a significant contraction. Over the period under review, the exports attained the maximum at $159K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Lamps; Arc-Lamps in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 11.0 | 6.7 | 8.7 | 15.2 | 11.4% |
| Sweden | 1.3 | 0.7 | 3.2 | 14.1 | 121.4% |
| Kazakhstan | 104 | 11.4 | N/A | 9.9 | -54.3% |
| Estonia | 10.3 | 8.5 | 7.5 | 9.6 | -2.3% |
| Russia | 9.2 | 20.5 | 6.8 | 1.9 | -40.9% |
| Finland | 20.4 | 25.7 | 3.3 | 1.3 | -60.1% |
| Others | 2.8 | 0.2 | N/A | 2.2 | -7.7% |
| Total | 159 | 73.6 | 29.6 | 54.2 | -30.1% |
Top Export Markets for Lamps; Arc-Lamps from Latvia in 2022:
- Lithuania (719.0 units)
- Estonia (292.0 units)
- Sweden (179.0 units)
- Finland (53.0 units)
- Kazakhstan (15.0 units)
- Russia (6.0 units)
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