Latvia - Iron/Steel Stud-Link Chain - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Stud-Link Chain Price in Latvia - 2023
Contents:
- Metal Stud-Link Chain Price in Latvia (CIF) - 2022
- Metal Stud-Link Chain Price in Latvia (FOB) - 2022
- Metal Stud-Link Chain Imports in Latvia
- Metal Stud-Link Chain Exports in Latvia
Metal Stud-Link Chain Price in Latvia (CIF) - 2022
The average metal stud-link chain import price stood at $15,357 per ton in 2022, growing by 61% against the previous year. In general, the import price enjoyed significant growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 373%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.
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 Belgium ($27,824 per ton), while the price for Lithuania ($2,128 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Stud-Link Chain Price in Latvia (FOB) - 2022
In 2022, the average metal stud-link chain export price amounted to $8,996 per ton, with a decrease of -12.3% against the previous year. Over the period under review, the export price, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2021 an increase of 130%. Over the period under review, the average export prices reached the maximum at $12,077 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($15,431 per ton), while the average price for exports to Russia ($6,786 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+34.7%), while the prices for the other major destinations experienced mixed trend patterns.
Metal Stud-Link Chain Imports in Latvia
After three years of growth, purchases abroad of iron/steel stud-link chain decreased by -37.1% to 39 tons in 2022. In general, total imports indicated a temperate expansion from 2019 to 2022: its volume increased at an average annual rate of +4.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 56%. As a result, imports reached the peak of 62 tons, and then fell remarkably in the following year.
In value terms, metal stud-link chain imports expanded modestly to $595K in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +5.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 68% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Metal Stud-Link Chain in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 392 | 239 | 396 | 495 | 8.1% |
| Italy | 1.1 | N/A | N/A | 55.5 | 269.5% |
| Netherlands | 84.8 | N/A | 35.8 | 17.9 | -40.5% |
| Austria | N/A | 36.4 | 126 | 16.9 | -31.9% |
| Lithuania | 26.6 | 34.5 | 26.0 | 9.9 | -28.1% |
| Germany | N/A | 20.4 | N/A | N/A | 0% |
| Others | 6.3 | 18.8 | 2.0 | 0.4 | -60.1% |
| Total | 511 | 349 | 586 | 595 | 5.2% |
Top Suppliers of Metal Stud-Link Chain to Latvia in 2022:
- Belgium (17.8 tons)
- Italy (8.5 tons)
- Netherlands (5.2 tons)
- Lithuania (4.6 tons)
- Austria (2.6 tons)
Metal Stud-Link Chain Exports in Latvia
In 2022, after two years of decline, there was significant growth in overseas shipments of iron/steel stud-link chain, when their volume increased by 491% to 11 tons. In general, exports recorded a measured expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, metal stud-link chain exports soared to $100K in 2022. Over the period under review, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Metal Stud-Link Chain in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | N/A | 54.6 | 0% |
| Poland | N/A | N/A | 5.4 | 33.1 | 513.0% |
| Lithuania | 4.2 | 5.8 | 10.6 | 9.1 | 29.4% |
| Estonia | N/A | 3.0 | 3.3 | 2.8 | -3.4% |
| Finland | 20.3 | N/A | N/A | N/A | 0% |
| Portugal | N/A | 3.3 | N/A | N/A | 0% |
| Others | 0.3 | 0.2 | N/A | N/A | -33.3% |
| Total | 24.8 | 12.3 | 19.2 | 99.6 | 59.0% |
Top Export Markets for Metal Stud-Link Chain from Latvia in 2022:
- Russia (8.0 tons)
- Poland (2.1 tons)
- Lithuania (0.6 tons)
- Estonia (0.3 tons)
This report provides an in-depth analysis of the metal stud-link chain 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 25931710 - Iron/steel stud-link chain excluding chains fitted with cutting, o r other articles where chains play a subsidiary role, door guards finished with chains, surveying chains, imitation jewellery
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.
-
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
-
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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