Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Latvia - 2023
Contents:
- Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Latvia (FOB) - 2022
- Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Latvia (CIF) - 2022
- Exports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Latvia
- Imports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Latvia
Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Latvia (FOB) - 2022
In 2022, the average export price for floating structures; tanks, coffer-dams, landing stages, buoys and beaconses amounted to $298 per unit, which is down by -20% against the previous year. Over the period under review, the export price saw a abrupt decrease. The pace of growth appeared the most rapid in 2016 an increase of 526% against the previous year. As a result, the export price attained the peak level of $3,470 per unit. From 2017 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($1,113 per unit), while the average price for exports to Russia ($65 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 the United States (+20.5%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Latvia (CIF) - 2022
The average import price for floating structures; tanks, coffer-dams, landing stages, buoys and beaconses stood at $148 per unit in 2022, surging by 30% against the previous year. Over the period under review, the import price, however, showed a noticeable descent. The most prominent rate of growth was recorded in 2015 when the average import price increased by 409%. As a result, import price reached the peak level of $437 per unit. From 2016 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 Ukraine ($207 per unit), while the price for Estonia ($16 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Latvia
In 2022, exports of floating structures; tanks, coffer-dams, landing stages, buoys and beaconses from Latvia skyrocketed to 5.4K units, with an increase of 104% against the previous year's figure. Overall, exports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 967% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of floating structures; tanks, coffer-dams, landing stages, buoys and beaconses soared to $1.6M in 2022. In general, exports showed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 514% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the near future.
| Export of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 15.8 | 33.8 | 62.4 | 1,043 | 304.1% |
| Poland | N/A | N/A | 7.2 | 136 | 1788.9% |
| Norway | 142 | 116 | 138 | 134 | -1.9% |
| Germany | N/A | N/A | 3.3 | 92.1 | 2690.9% |
| Estonia | 16.6 | 10.6 | 52.0 | 62.2 | 55.3% |
| Gibraltar | N/A | 1,034 | 628 | 56.1 | -76.7% |
| United Kingdom | 14.7 | 0.1 | N/A | 42.6 | 42.6% |
| Russia | 0.5 | 74.2 | 3.0 | 4.6 | 109.5% |
| Others | 44.1 | 166 | 95.9 | 42.7 | -1.1% |
| Total | 234 | 1,435 | 990 | 1,613 | 90.3% |
Top Export Markets for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons from Latvia in 2022:
- Lithuania (3438.0 units)
- Estonia (506.0 units)
- Poland (423.0 units)
- Gibraltar (317.0 units)
- Germany (272.0 units)
- Norway (120.0 units)
- United Kingdom (104.0 units)
- Russia (70.0 units)
Imports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Latvia
In 2022, purchases abroad of floating structures; tanks, coffer-dams, landing stages, buoys and beaconses was finally on the rise to reach 8.3K units after two years of decline. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +9.1% over the last three years. The trend pattern, however, 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, imports of floating structures; tanks, coffer-dams, landing stages, buoys and beaconses surged to $1.2M in 2022. In general, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 152 | 232 | 368 | 1,028 | 89.1% |
| Lithuania | 28.8 | 1.7 | 1.9 | 62.1 | 29.2% |
| Poland | N/A | 1.5 | 0.2 | 41.2 | 424.1% |
| China | 2.5 | 21.1 | 13.9 | 37.7 | 147.1% |
| Sweden | 12.0 | 36.4 | 52.3 | 31.9 | 38.5% |
| Germany | 85.4 | 1.3 | 18.4 | 0.9 | -78.1% |
| France | 12.7 | N/A | 0.1 | 0.2 | -74.9% |
| Hong Kong SAR | 11.3 | 1.1 | 1.6 | N/A | -62.4% |
| Estonia | 28.4 | 13.2 | 12.6 | N/A | -33.4% |
| Italy | 13.3 | 0.4 | 0.6 | N/A | -78.8% |
| Belarus | N/A | 27.8 | N/A | N/A | 0% |
| Others | 94.4 | 151 | 49.1 | 26.5 | -34.5% |
| Total | 440 | 487 | 518 | 1,229 | 40.8% |
Top Suppliers of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons to Latvia in 2022:
- Ukraine (4959.0 units)
- Lithuania (1612.0 units)
- Sweden (739.0 units)
- Poland (452.0 units)
- China (299.0 units)
- Germany (13.0 units)
- France (12.0 units)
- Estonia (1.0 units)
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