Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Latvia - 2023
Contents:
- Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Latvia (CIF) - 2022
- Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Latvia (FOB) - 2022
- Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Latvia
- Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Latvia
Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Latvia (CIF) - 2022
The average import price for machinery; parts of machinery for making or finishing paper or paperboard stood at $42,392 per ton in 2022, declining by -31.5% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 54%. The import price peaked at $61,885 per ton in 2021, and then dropped dramatically in the following year.
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 ($119,592 per ton), while the price for Poland ($27,542 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+32.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Latvia (FOB) - 2022
The average export price for machinery; parts of machinery for making or finishing paper or paperboard stood at $8,312 per ton in 2022, shrinking by -70.7% against the previous year. In general, the export price continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 an increase of 114% against the previous year. Over the period under review, the average export prices reached the maximum at $36,786 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($27,569 per ton), while the average price for exports to Russia totaled $7,294 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+27.0%), while the prices for the other major destinations experienced a decline.
Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Latvia
Imports of machinery; parts of machinery for making or finishing paper or paperboard into Latvia skyrocketed to 7.7 tons in 2022, with an increase of 223% compared with the year before. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of machinery; parts of machinery for making or finishing paper or paperboard soared to $325K in 2022. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 176%. As a result, imports attained the peak of $356K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2.2 | 57.4 | 34.4 | 108 | 266.2% |
| Poland | 0.9 | 11.5 | 5.0 | 101 | 382.3% |
| Netherlands | 4.6 | 28.9 | 39.2 | 56.9 | 131.3% |
| Germany | 106 | 175 | 45.8 | 41.6 | -26.8% |
| Sweden | N/A | 50.8 | N/A | 1.6 | -82.3% |
| Russia | N/A | 5.6 | N/A | N/A | 0% |
| Lithuania | N/A | 10.7 | N/A | N/A | 0% |
| Others | 15.6 | 16.6 | 22.4 | 15.8 | 0.4% |
| Total | 129 | 356 | 147 | 325 | 36.1% |
Top Suppliers of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard to Latvia in 2022:
- Poland (3.7 tons)
- Italy (2.6 tons)
- Netherlands (1.0 tons)
- Germany (0.3 tons)
Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Latvia
In 2022, approx. 14 tons of machinery; parts of machinery for making or finishing paper or paperboard were exported from Latvia; with an increase of 1,817% compared with 2021. Overall, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of machinery; parts of machinery for making or finishing paper or paperboard skyrocketed to $118K in 2022. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 16.2 | 21.9 | 1.6 | 98.9 | 82.8% |
| Lithuania | 6.9 | 1.1 | 12.1 | 14.1 | 26.9% |
| Others | 18.8 | 1.0 | 7.2 | 4.6 | -37.5% |
| Total | 41.9 | 24.0 | 20.9 | 118 | 41.2% |
Top Export Markets for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard from Latvia in 2022:
- Russia (13.6 tons)
- Lithuania (0.5 tons)
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