Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Latvia - 2023
Contents:
- Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Latvia (CIF) - 2023
- Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Latvia (FOB) - 2022
- Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Latvia
- Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Latvia
Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Latvia (CIF) - 2023
In October 2023, the average import price for heaters; instantaneous or storage water heaters, non-electric, other than gasses amounted to $389 per unit, which is down by -52.6% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 an increase of 213% month-to-month. The import price peaked at $1,033 per unit in November 2022; however, from December 2022 to October 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($1,386 per unit), while the price for Poland ($291 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 (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Latvia (FOB) - 2022
The average export price for heaters; instantaneous or storage water heaters, non-electric, other than gasses stood at $1,095 per unit in 2022, picking up by 58% against the previous year. Over the period under review, the export price enjoyed a strong increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 92%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($3,204 per unit), while the average price for exports to Belarus ($382 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 (+160,082.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Latvia
In 2022, after three years of growth, there was decline in supplies from abroad of heaters; instantaneous or storage water heaters, non-electric, other than gasses, when their volume decreased by -3.3% to 11K units. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 98%. As a result, imports attained the peak of 12K units, and then contracted modestly in the following year.
In value terms, imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses surged to $7.4M in 2022. Over the period under review, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 93%. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 593 | 596 | 1,007 | 3,663 | 83.5% |
| Germany | 1,054 | 1,017 | 2,435 | 1,224 | 5.1% |
| Czech Republic | 246 | 279 | 417 | 734 | 44.0% |
| Poland | 120 | 125 | 186 | 647 | 75.4% |
| Lithuania | 83.9 | 97.3 | 166 | 363 | 62.9% |
| Italy | 110 | 122 | 121 | 281 | 36.7% |
| Estonia | 50.1 | 61.5 | 99.9 | 107 | 28.8% |
| Others | 171 | 115 | 226 | 338 | 25.5% |
| Total | 2,427 | 2,412 | 4,659 | 7,357 | 44.7% |
Top Suppliers of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas to Latvia in 2022:
- Germany (3.7K units)
- Czech Republic (2.4K units)
- Poland (1.8K units)
- Russia (1.3K units)
- Lithuania (0.8K units)
- Italy (0.4K units)
- Estonia (0.4K units)
Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Latvia
For the fourth year in a row, Latvia recorded growth in shipments abroad of heaters; instantaneous or storage water heaters, non-electric, other than gasses, which increased by 49% to 3.8K units in 2022. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of heaters; instantaneous or storage water heaters, non-electric, other than gasses skyrocketed to $4.1M in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 2,146 | 0% |
| Belarus | 189 | 174 | 177 | 335 | 21.0% |
| Finland | 210 | 230 | 506 | 328 | 16.0% |
| Lithuania | 184 | 158 | 240 | 320 | 20.3% |
| Estonia | 155 | 144 | 154 | 175 | 4.1% |
| Russia | 66.9 | 63.5 | 109 | 104 | 15.8% |
| Poland | 1.2 | 31.4 | 78.1 | 81.9 | 308.7% |
| Others | 103 | 354 | 483 | 623 | 82.2% |
| Total | 910 | 1,156 | 1,747 | 4,114 | 65.4% |
Top Export Markets for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas from Latvia in 2022:
- Belarus (876.0 units)
- Lithuania (820.0 units)
- United States (670.0 units)
- Estonia (444.0 units)
- Russia (253.0 units)
- Finland (169.0 units)
- Poland (152.0 units)
96
This report provides an in-depth analysis of the agricultural product dryer market in Latvia.
102
This report provides an in-depth analysis of the market for non-domestic percolators and equipment for cooking or heating food in Latvia.
38
This report provides an in-depth analysis of the non-domestic dryer market in Latvia.
81
This report provides an in-depth analysis of the market for medical or laboratory sterilizer in Latvia.
74
This report provides an in-depth analysis of the market for non-domestic heat exchange unit in Latvia.
92
This report provides an in-depth analysis of the wood dryer market in Latvia.
120
This report provides an in-depth analysis of the market for machinery for material treatment by heating or cooling process in Latvia.
79
This report provides an in-depth analysis of the market for salts of oxometallic and peroxometallic acids in Latvia.
386
Global Nonelectric Water Heater Market Report 2018. This report provides an in-depth analysis of the global nonelectric water heater market.
460
This report provides an in-depth analysis of the global agricultural product dryer market.
255
Discover the top import markets for non-domestic heat exchange units, including key statistics and opportunities. Learn about the leading countries driving the global market and how to capitalize on these opportunities. Explore the data from IndexBox and gain valuable insights today!
157
Discover the top import markets for salts of oxometallic and peroxometallic acids. Explore key statistics and market insights from IndexBox platform.
255
Discover the top import markets for non-domestic heat exchange units, including key statistics and opportunities. Learn about the leading countries driving the global market and how to capitalize on these opportunities. Explore the data from IndexBox and gain valuable insights today!
