Latvia - Pneumatic Linear Acting Actuators - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Pneumatic Linear Acting Actuator in Latvia - 2023
Contents:
- Price for Pneumatic Linear Acting Actuator in Latvia (CIF) - 2022
- Price for Pneumatic Linear Acting Actuator in Latvia (FOB) - 2022
- Imports of Pneumatic Linear Acting Actuator in Latvia
- Exports of Pneumatic Linear Acting Actuator in Latvia
Price for Pneumatic Linear Acting Actuator in Latvia (CIF) - 2022
The average pneumatic linear acting actuator import price stood at $97 per unit in 2022, growing by 25% against the previous year. Overall, the import price, however, saw a mild setback. The growth pace was the most rapid in 2013 an increase of 35%. As a result, import price reached the peak level of $147 per unit. From 2014 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 Japan ($351 per unit), while the price for Austria ($31 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+20.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Pneumatic Linear Acting Actuator in Latvia (FOB) - 2022
In 2022, the average pneumatic linear acting actuator export price amounted to $144 per unit, which is down by -44% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by 87%. Over the period under review, the average export prices reached the peak figure at $257 per unit in 2021, and then dropped notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($235 per unit), while the average price for exports to Belarus ($63 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 Sweden (+16.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Pneumatic Linear Acting Actuator in Latvia
Pneumatic linear acting actuator imports into Latvia expanded remarkably to 18K units in 2022, increasing by 6.4% against the previous year's figure. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 49% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, pneumatic linear acting actuator imports skyrocketed to $1.8M in 2022. Overall, imports recorded a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 71%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Pneumatic Linear Acting Actuator in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 349 | 395 | 482 | 586 | 18.9% |
| Japan | 6.7 | 292 | 57.6 | 295 | 253.1% |
| Czech Republic | 75.1 | 115 | 277 | 235 | 46.3% |
| Belgium | 98.3 | 147 | 130 | 165 | 18.8% |
| Sweden | 82.4 | 58.0 | 48.6 | 111 | 10.4% |
| Poland | 33.4 | 47.0 | 80.4 | 83.3 | 35.6% |
| France | 8.3 | 9.8 | 11.6 | 49.0 | 80.7% |
| Austria | 27.3 | 18.8 | 30.9 | 36.5 | 10.2% |
| Others | 112 | 268 | 216 | 216 | 24.5% |
| Total | 792 | 1,351 | 1,334 | 1,777 | 30.9% |
Top Suppliers of Pneumatic Linear Acting Actuator to Latvia in 2022:
- Germany (5.5K units)
- Czech Republic (2.5K units)
- Poland (1.9K units)
- Belgium (1.8K units)
- France (1.4K units)
- Austria (1.2K units)
- Sweden (1.0K units)
- Japan (0.8K units)
Exports of Pneumatic Linear Acting Actuator in Latvia
Pneumatic linear acting actuator exports from Latvia surged to 6K units in 2022, with an increase of 16% on the previous year. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +23.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +86.3% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 65% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, pneumatic linear acting actuator exports fell markedly to $861K in 2022. In general, exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of 81% against the previous year. Over the period under review, the exports reached the maximum at $1.3M in 2021, and then reduced sharply in the following year.
| Export of Pneumatic Linear Acting Actuator in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 515 | 861 | 892 | 305 | -16.0% |
| Russia | 135 | 215 | 169 | 282 | 27.8% |
| Estonia | 6.4 | 17.6 | 26.4 | 94.9 | 145.7% |
| Uzbekistan | N/A | N/A | N/A | 48.4 | 0% |
| Germany | 3.5 | 134 | 68.5 | 36.0 | 117.5% |
| Lithuania | 22.5 | 19.9 | 25.9 | 19.1 | -5.3% |
| Belarus | 2.3 | 2.5 | 2.5 | 9.4 | 59.9% |
| Others | 15.2 | 18.3 | 143 | 67.0 | 64.0% |
| Total | 700 | 1,268 | 1,327 | 861 | 7.1% |
Top Export Markets for Pneumatic Linear Acting Actuator from Latvia in 2022:
- Russia (2178.0 units)
- Sweden (1380.0 units)
- Estonia (1351.0 units)
- Uzbekistan (252.0 units)
- Lithuania (181.0 units)
- Germany (153.0 units)
- Belarus (150.0 units)
This report provides an in-depth analysis of the market for pneumatic linear acting actuator 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 28121180 - Pneumatic linear acting actuators (including cylinders)
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.
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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
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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
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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
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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
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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
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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
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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
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