Price for Air or Gas Liquefier in Latvia - 2023
Contents:
- Price for Air or Gas Liquefier in Latvia (FOB) - 2022
- Price for Air or Gas Liquefier in Latvia (CIF) - 2022
- Exports of Air or Gas Liquefier in Latvia
- Imports of Air or Gas Liquefier in Latvia
Price for Air or Gas Liquefier in Latvia (FOB) - 2022
The average air or gas liquefier export price stood at $158,543 per unit in 2022, approximately mirroring the previous year. Over the period under review, the export price showed a significant increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 54% against the previous year. The export price peaked at $194,044 per unit 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 Russia ($397,391 per unit), while the average price for exports to the UK stood at $39,119 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (-35.5%).
Price for Air or Gas Liquefier in Latvia (CIF) - 2022
The average air or gas liquefier import price stood at $40,069 per unit in 2022, with an increase of 157% against the previous year. Over the period under review, the import price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by 1,260% against the previous year. The import price peaked at $58,432 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($99,551 per unit), while the price for the United States ($158 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+100.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Air or Gas Liquefier in Latvia
After two years of decline, overseas shipments of machinery for liquefying air or gases decreased by 0% to 3 units in 2022. Overall, exports enjoyed significant growth. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, air or gas liquefier exports amounted to $476K in 2022. In general, exports enjoyed significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Air or Gas Liquefier in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | N/A | 397 | 0% |
| United Kingdom | N/A | N/A | N/A | 78.2 | 0% |
| Denmark | 0.3 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.3 | N/A | N/A | 476 | 1066.3% |
Top Export Markets for Air or Gas Liquefier from Latvia in 2022:
- United Kingdom (2.0 units)
- Russia (1.0 units)
Imports of Air or Gas Liquefier in Latvia
In 2022, the amount of machinery for liquefying air or gases imported into Latvia surged to 11 units, rising by 22% compared with the year before. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +16.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -15.4% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 86% against the previous year. As a result, imports attained the peak of 13 units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, air or gas liquefier imports skyrocketed to $441K in 2022. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 353% against the previous year. As a result, imports attained the peak of $760K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Air or Gas Liquefier in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1.8 | 3.5 | 3.8 | 398 | 504.7% |
| Lithuania | 66.6 | 506 | 72.3 | 16.7 | -36.9% |
| Poland | 7.3 | 9.5 | 15.7 | 11.1 | 15.0% |
| Finland | 26.4 | 17.2 | 14.6 | 9.3 | -29.4% |
| Belgium | N/A | N/A | N/A | 3.2 | 0% |
| Sweden | 2.2 | 5.4 | 3.9 | 1.7 | -8.2% |
| Estonia | N/A | N/A | N/A | 0.3 | 0% |
| United States | N/A | N/A | N/A | 0.2 | 0% |
| Hungary | N/A | 185 | N/A | N/A | 0% |
| China | 43.7 | 8.3 | 20.2 | N/A | -32.0% |
| United Kingdom | N/A | N/A | 2.4 | N/A | 0% |
| France | 19.9 | 24.4 | 7.2 | N/A | -39.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 168 | 760 | 140 | 441 | 37.9% |
Top Suppliers of Air or Gas Liquefier to Latvia in 2022:
- Italy (4.0 units)
- Estonia (1.0 units)
- Poland (1.0 units)
- Finland (1.0 units)
- Lithuania (1.0 units)
- United States (1.0 units)
- Sweden (1.0 units)
- Belgium (1.0 units)
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