Latvia - Non-Medical X-Rays - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Latvia - Non-Medical X-Rays - Market Analysis, Forecast, Size, Trends And Insights

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Non-Medical X-Ray Price in Latvia - 2023

Contents:

  1. Non-Medical X-Ray Price in Latvia (CIF) - 2022
  2. Non-Medical X-Ray Price in Latvia (FOB) - 2022
  3. Non-Medical X-Ray Imports in Latvia
  4. Non-Medical X-Ray Exports in Latvia

Non-Medical X-Ray Price in Latvia (CIF) - 2022

The average non-medical x-ray import price stood at $47,103 per unit in 2022, dropping by -56.8% against the previous year. Over the period under review, the import price saw a deep contraction. The growth pace was the most rapid in 2016 an increase of 522%. The import price peaked at $143,538 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 Germany ($66,764 per unit), while the price for the United States ($44,219 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Non-Medical X-Ray Price in Latvia (FOB) - 2022

The average non-medical x-ray export price stood at $70,792 per unit in 2022, growing by 37% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt descent. The pace of growth appeared the most rapid in 2016 an increase of 79%. Over the period under review, the average export prices reached the maximum at $197,873 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($140,894 per unit), while the average price for exports to Russia ($17,169 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 Belgium (+27.3%), while the prices for the other major destinations experienced mixed trend patterns.

Non-Medical X-Ray Imports in Latvia

Non-medical x-ray imports into Latvia soared to 74 units in 2022, rising by 196% against the previous year. Overall, imports showed buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-medical x-ray imports skyrocketed to $3.5M in 2022. Over the period under review, imports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 411% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Non-Medical X-Ray in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States15.640.368.12,918471.9%
Germany2971941,328200-12.3%
Lithuania495N/AN/A65.9-48.9%
Netherlands32.889.917011.5-29.5%
Sweden103N/AN/AN/A0%
EstoniaN/A133N/AN/A0%
Others3.277.51,160289348.7%
Total9475342,7273,48654.4%

Top Suppliers of Non-Medical X-Ray to Latvia in 2022:

  1. United States (66.0 units)
  2. Germany (3.0 units)
  3. Netherlands (1.0 units)
  4. Lithuania (1.0 units)

Non-Medical X-Ray Exports in Latvia

In 2022, the amount of non-medical x-rays exported from Latvia soared to 4 units, picking up by 33% against the previous year's figure. In general, exports, however, showed a sharp downturn. The exports peaked at 12 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, non-medical x-ray exports surged to $283K in 2022. Overall, exports, however, showed a significant contraction. The exports peaked at $1.4M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Non-Medical X-Ray in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech RepublicN/AN/AN/A1410%
UzbekistanN/AN/AN/A66.00%
EstoniaN/AN/A80.759.1-26.8%
Russia1,00116474.217.2-74.2%
Belgium190N/AN/AN/A0%
United Kingdom208N/AN/AN/A0%
FranceN/A212N/AN/A0%
Lithuania20.7N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total1,419375155283-41.6%

Top Export Markets for Non-Medical X-Ray from Latvia in 2022:

  1. Uzbekistan (1.0 units)
  2. Russia (1.0 units)
  3. Estonia (1.0 units)
  4. Czech Republic (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the non-medical x-ray 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 26601119 - Apparatus based on the use of X-rays (excluding for medical, s urgical, dental or veterinary use)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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