Latvia - Liquid Supply Or Production Meters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLiquid Supply Meter Price in Latvia - 2023
Contents:
- Liquid Supply Meter Price in Latvia (CIF) - 2023
- Liquid Supply Meter Price in Latvia (FOB) - 2022
- Liquid Supply Meter Imports in Latvia
- Liquid Supply Meter Exports in Latvia
Liquid Supply Meter Price in Latvia (CIF) - 2023
In October 2023, the average liquid supply meter import price amounted to $59.4 per unit, declining by -75.1% against the previous month. Over the period under review, the import price, however, continues to indicate prominent growth. The growth pace was the most rapid in September 2023 when the average import price increased by 185% m-o-m. As a result, import price reached the peak level of $238 per unit, and then reduced markedly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the Czech Republic ($165 per unit), while the price for Lithuania ($32.0 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Liquid Supply Meter Price in Latvia (FOB) - 2022
In 2022, the average liquid supply meter export price amounted to $28 per unit, surging by 58% against the previous year. Overall, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($38 per unit), while the average price for exports to Estonia ($14 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 Lithuania (+3.9%), while the prices for the other major destinations experienced a decline.
Liquid Supply Meter Imports in Latvia
Liquid supply meter imports into Latvia declined dramatically to 57K units in 2022, falling by -47% compared with 2021 figures. Overall, imports faced a sharp setback. The smallest decline of -9% was in 2021. Over the period under review, imports attained the maximum at 310K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, liquid supply meter imports surged to $1.9M in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. Over the period under review, imports hit record highs at $1.9M in 2019; afterwards, it flattened through to 2022.
Import of Liquid Supply Meter in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 489 | 576 | 484 | 710 | 13.2% |
Poland | 8.5 | 48.0 | 9.3 | 285 | 222.5% |
Italy | 284 | 305 | 323 | 267 | -2.0% |
Germany | 551 | 396 | 392 | 252 | -23.0% |
Austria | 10.8 | 77.1 | 66.5 | 166 | 148.6% |
Switzerland | 208 | 73.3 | 164 | 92.8 | -23.6% |
Lithuania | 282 | 133 | 18.9 | 40.6 | -47.6% |
Others | 64.7 | 45.8 | 10.0 | 49.2 | -8.7% |
Total | 1,899 | 1,655 | 1,468 | 1,862 | -0.7% |
Top Suppliers of Liquid Supply Meter to Latvia in 2022:
- China (28.8K units)
- Poland (11.3K units)
- Germany (9.9K units)
- Italy (8.0K units)
- Austria (3.7K units)
- Lithuania (1.5K units)
- Switzerland (0.7K units)
Liquid Supply Meter Exports in Latvia
In 2022, the amount of liquid supply or production meters exported from Latvia soared to 32K units, rising by 46% on the previous year's figure. Overall, exports, however, recorded a relatively flat trend pattern. The exports peaked at 32K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, liquid supply meter exports skyrocketed to $877K in 2022. In general, exports posted a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Liquid Supply Meter in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belarus | 0.9 | N/A | N/A | 500 | 722.1% |
Estonia | 155 | 156 | 178 | 137 | -4.0% |
Lithuania | 198 | 93.0 | 89.1 | 118 | -15.8% |
Finland | 251 | 81.9 | 99.6 | 10.1 | -65.7% |
Others | 9.5 | 42.6 | 12.2 | 112 | 127.6% |
Total | 615 | 374 | 379 | 877 | 12.6% |
Top Export Markets for Liquid Supply Meter from Latvia in 2022:
- Belarus (13.1K units)
- Estonia (10.1K units)
- Lithuania (7.5K units)
- Finland (0.2K units)
This report provides an in-depth analysis of the liquid supply meter 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 26516350 - Liquid supply or production meters (including calibrated) (excluding pumps)
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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This report provides an in-depth analysis of the liquid supply meter market in Latvia.
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This report provides an in-depth analysis of the gas supply meter market in Latvia.
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