Latvia - Machine-Tools For Working Any Material By Removal Of Material - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Machine-Tool for Removing Material in Latvia - 2023
Contents:
- Price for Machine-Tool for Removing Material in Latvia (CIF) - 2022
- Price for Machine-Tool for Removing Material in Latvia (FOB) - 2022
- Imports of Machine-Tool for Removing Material in Latvia
- Exports of Machine-Tool for Removing Material in Latvia
Price for Machine-Tool for Removing Material in Latvia (CIF) - 2022
The average machine-tool for removing material import price stood at $20,451 per unit in 2022, waning by -13.4% against the previous year. Overall, the import price, however, saw prominent growth. The most prominent rate of growth was recorded in 2016 an increase of 122% against the previous year. As a result, import price attained the peak level of $28,325 per unit. From 2017 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($103,870 per unit), while the price for the Netherlands ($406 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+59.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machine-Tool for Removing Material in Latvia (FOB) - 2022
In 2022, the average machine-tool for removing material export price amounted to $29,261 per unit, waning by -12.4% against the previous year. Over the period under review, the export price saw a abrupt descent. The most prominent rate of growth was recorded in 2016 when the average export price increased by 91%. Over the period under review, the average export prices hit record highs at $64,786 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
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 Russia ($40,800 per unit), while the average price for exports to Belarus ($658 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 Poland (+69.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machine-Tool for Removing Material in Latvia
In 2022, the amount of machine-tools for working any material by removal of material imported into Latvia reduced to 162 units, falling by -8% compared with 2021. In general, imports continue to indicate a significant curtailment. The smallest decline of -0.7% was in 2020. Imports peaked at 402 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, machine-tool for removing material imports dropped remarkably to $3.3M in 2022. Overall, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 8.7%. As a result, imports reached the peak of $6.6M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Machine-Tool for Removing Material in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 695 | 632 | 1,060 | 1,218 | 20.6% |
| China | 907 | 1,014 | 2,021 | 1,004 | 3.4% |
| Belgium | 913 | 488 | 208 | 415 | -23.1% |
| Sweden | 74.3 | N/A | 68.3 | 251 | 50.0% |
| Estonia | 632 | 28.7 | 87.7 | 228 | -28.8% |
| Finland | 20.6 | 679 | 2.4 | 62.9 | 45.1% |
| Poland | 414 | 2.0 | 53.8 | 6.4 | -75.1% |
| Netherlands | 1,362 | 4.0 | 0.2 | 0.4 | -93.4% |
| Czech Republic | N/A | 2,436 | N/A | N/A | 0% |
| Others | 1,078 | 1,340 | 657 | 126 | -51.1% |
| Total | 6,096 | 6,623 | 4,158 | 3,313 | -18.4% |
Top Suppliers of Machine-Tool for Removing Material to Latvia in 2022:
- Estonia (63.0 units)
- China (44.0 units)
- Germany (21.0 units)
- Finland (12.0 units)
- Sweden (7.0 units)
- Belgium (4.0 units)
- Netherlands (1.0 units)
- Poland (1.0 units)
Exports of Machine-Tool for Removing Material in Latvia
In 2022, shipments abroad of machine-tools for working any material by removal of material decreased by -49.2% to 64 units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate slight growth. The most prominent rate of growth was recorded in 2021 when exports increased by 88% against the previous year. As a result, the exports reached the peak of 126 units, and then dropped sharply in the following year.
In value terms, machine-tool for removing material exports dropped significantly to $1.9M in 2022. Over the period under review, exports faced a abrupt setback. The most prominent rate of growth was recorded in 2020 when exports increased by 30%. The exports peaked at $4.2M in 2021, and then contracted remarkably in the following year.
| Export of Machine-Tool for Removing Material in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 1,505 | 606 | 3,977 | 1,474 | -0.7% |
| Germany | 145 | 64.0 | 76.7 | 184 | 8.3% |
| Russia | 8.1 | 2,386 | 107 | 163 | 172.0% |
| Armenia | N/A | N/A | N/A | 18.1 | 0% |
| Estonia | 125 | 306 | 8.1 | 13.6 | -52.3% |
| Denmark | N/A | N/A | N/A | 3.1 | 0% |
| Romania | N/A | N/A | 4.1 | 2.3 | -43.9% |
| Georgia | N/A | N/A | N/A | 1.9 | 0% |
| Croatia | N/A | N/A | N/A | 1.5 | 0% |
| Czech Republic | N/A | N/A | N/A | 1.3 | 0% |
| Iraq | N/A | N/A | 2.9 | 1.3 | -55.2% |
| Belarus | 1.1 | N/A | N/A | 0.7 | -14.0% |
| Poland | 794 | N/A | N/A | N/A | 0% |
| Others | 5.0 | 5.1 | 30.1 | 7.1 | 12.4% |
| Total | 2,583 | 3,367 | 4,207 | 1,873 | -10.2% |
Top Export Markets for Machine-Tool for Removing Material from Latvia in 2022:
- Lithuania (39.0 units)
- Germany (10.0 units)
- Russia (4.0 units)
- Romania (1.0 units)
- Georgia (1.0 units)
- Czech Republic (1.0 units)
- Estonia (1.0 units)
- Denmark (1.0 units)
- Belarus (1.0 units)
- Armenia (1.0 units)
- Croatia (1.0 units)
- Iraq (1.0 units)
This report provides an in-depth analysis of the market for machine-tool for removing material 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 28411110 - Machine-tools for working any material by removal of material, operated by laser or other light or photon beam processes
- Prodcom 28411130 - Machine-tools for working any material by removal of material, operated by ultrasonic processes (excluding machines for the manufacture of semiconductor devices or of electronic integrated circuits)
- Prodcom 28411150 - Machine tools for working any material by removal of material, operated by electro-discharge processes
- Prodcom 28411170 - Machine-tools for working any material by removal of material, operated by electro-chemical, electron-beam, ionicbeam or plasma arc processes
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
479
This report provides an in-depth analysis of the market for machine-tool for removing material in Latvia.
932
This report provides an in-depth analysis of the global market for machine-tool for removing material.
479
This report provides an in-depth analysis of the market for machine-tool for removing material in Latvia.
932
This report provides an in-depth analysis of the global market for machine-tool for removing material.
191
Discover the world's best import markets for machine-tools for removing material. Get insights into the top countries, import values, and market trends. Utilize IndexBox market intelligence platform for comprehensive data.
668
Global machines and appliances, instruments and apparatus imports stood at X tons in 2016, reducing by -X% against the previous year level. In general, machines and appliances, instruments and a...
743
In value terms, machines and appliances for testing the hardness, strength, comp imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; ...
669
In value terms, machines for assembling electric and electronic lamps imports totaled $X in 2016. Overall, machines for assembling electric and electronic lamps imports continue to indicate a mild ...
667
In value terms, parts and accessories suitable for use solely imports stood at $X in 2016. Overall, parts and accessories suitable for use solely imports continue to indicate a relatively flat trend...
676
In value terms, machine-tools for working stone, ceramics, concrete imports stood at $X in 2016. In general, machine-tools for working stone, ceramics, concrete imports continue to indicate a measu...
617
In value terms, machine-tools for working metal, sintered metal carbides imports amounted to $X in 2016. In general, machine-tools for working metal, sintered metal carbides imports continue to ind...
840
In value terms, machine-tools for planing, shaping, slotting, broaching imports stood at $X in 2016. Overall, machine-tools for planing, shaping, slotting, broaching imports continue to indicate a ...
945
In value terms, machinery, apparatus and equipment imports totaled $X in 2016. Overall, machinery, apparatus and equipment imports continue to indicate a temperate setback. In that year, global mac...
678
In value terms, machines for cleaning, sorting, grading seed imports totaled $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend patt...
