Latvia - Turbo, Rotary and Reciporating Displacement Compressors - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Turbo, Rotary and Reciporating Displacement Compressor in Latvia - 2023
Contents:
- Price for Turbo, Rotary and Reciporating Displacement Compressor in Latvia (CIF) - 2023
- Price for Turbo, Rotary and Reciporating Displacement Compressor in Latvia (FOB) - 2022
- Imports of Turbo, Rotary and Reciporating Displacement Compressor in Latvia
- Exports of Turbo, Rotary and Reciporating Displacement Compressor in Latvia
Price for Turbo, Rotary and Reciporating Displacement Compressor in Latvia (CIF) - 2023
In September 2023, the average import price for turbo, rotary and reciporating displacement compressors amounted to $163 per unit, shrinking by -45.8% against the previous month. In general, the import price continues to indicate a pronounced slump. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 376% m-o-m. Over the period under review, average import prices reached the maximum at $532 per unit in April 2023; however, from May 2023 to September 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($583 per unit), while the price for Azerbaijan ($40.3 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+23.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Turbo, Rotary and Reciporating Displacement Compressor in Latvia (FOB) - 2022
In 2022, the average export price for turbo, rotary and reciporating displacement compressors amounted to $141 per unit, declining by -22.1% against the previous year. In general, the export price faced a deep setback. The growth pace was the most rapid in 2019 an increase of 62%. The export price peaked at $437 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($3,276 per unit), while the average price for exports to Estonia ($58 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 Kyrgyzstan (+20.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Turbo, Rotary and Reciporating Displacement Compressor in Latvia
In 2022, after three years of growth, there was significant decline in purchases abroad of turbo, rotary and reciporating displacement compressors, when their volume decreased by -19.2% to 77K units. In general, imports, however, posted a strong increase. The pace of growth appeared the most rapid in 2021 with an increase of 83% against the previous year. As a result, imports attained the peak of 95K units, and then shrank sharply in the following year.
In value terms, imports of turbo, rotary and reciporating displacement compressors fell notably to $11M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +15.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 42%. As a result, imports attained the peak of $13M, and then shrank sharply in the following year.
| Import of Turbo, Rotary and Reciporating Displacement Compressor in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,003 | 1,854 | 4,207 | 2,252 | 30.9% |
| Poland | 812 | 1,370 | 1,799 | 1,949 | 33.9% |
| China | 482 | 605 | 1,012 | 1,155 | 33.8% |
| Lithuania | 1,051 | 794 | 1,264 | 927 | -4.1% |
| Russia | 74.5 | 81.2 | 327 | 806 | 121.2% |
| Turkey | 26.2 | 30.6 | 21.1 | 713 | 200.8% |
| Estonia | 665 | 858 | 1,182 | 651 | -0.7% |
| Netherlands | 87.3 | 137 | 96.4 | 198 | 31.4% |
| Czech Republic | 343 | 97.3 | 292 | 84.1 | -37.4% |
| Others | 2,712 | 3,550 | 3,095 | 2,499 | -2.7% |
| Total | 7,256 | 9,377 | 13,294 | 11,235 | 15.7% |
Top Suppliers of Turbo, Rotary and Reciporating Displacement Compressor to Latvia in 2022:
- China (32.2K units)
- Poland (9.8K units)
- Germany (9.1K units)
- Lithuania (8.4K units)
- Turkey (4.3K units)
- Russia (2.4K units)
- Estonia (1.8K units)
- Netherlands (0.9K units)
- Czech Republic (0.4K units)
Exports of Turbo, Rotary and Reciporating Displacement Compressor in Latvia
In 2022, after three years of growth, there was significant decline in overseas shipments of turbo, rotary and reciporating displacement compressors, when their volume decreased by -26.8% to 28K units. Overall, exports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by 91%. As a result, the exports attained the peak of 39K units, and then fell notably in the following year.
In value terms, exports of turbo, rotary and reciporating displacement compressors fell dramatically to $4M in 2022. Over the period under review, exports showed a deep contraction. The pace of growth appeared the most rapid in 2020 with an increase of 24% against the previous year. Over the period under review, the exports of hit record highs at $7M in 2021, and then fell sharply in the following year.
| Export of Turbo, Rotary and Reciporating Displacement Compressor in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 4,212 | 4,989 | 3,304 | 1,104 | -36.0% |
| Lithuania | 499 | 642 | 1,295 | 796 | 16.8% |
| Kyrgyzstan | 0.1 | 0.2 | N/A | 555 | 1670.5% |
| Estonia | 230 | 348 | 749 | 503 | 29.8% |
| Finland | 47.3 | 125 | 221 | 197 | 60.9% |
| Sweden | 32.7 | 29.6 | 107 | 197 | 82.0% |
| Poland | 163 | 139 | 216 | 145 | -3.8% |
| United Kingdom | 3.4 | 13.4 | 66.7 | 54.2 | 151.7% |
| Others | 326 | 531 | 1,077 | 464 | 12.5% |
| Total | 5,513 | 6,818 | 7,036 | 4,014 | -10.0% |
Top Export Markets for Turbo, Rotary and Reciporating Displacement Compressor from Latvia in 2022:
- Lithuania (12.8K units)
- Estonia (8.6K units)
- Kyrgyzstan (2.6K units)
- Sweden (1.1K units)
- Poland (0.7K units)
- Finland (0.5K units)
- United Kingdom (0.5K units)
- Russia (0.3K units)
This report provides an in-depth analysis of the market for turbo, rotary and reciporating displacement compressor 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 28132530 - Turbo-compressors, single stage
- Prodcom 28132550 - Turbo-compressors, multistage
- Prodcom 28132630 - Reciprocating displacement compressors having a gauge pressure capacity . .15 bar, giving a flow . .60 m./hour
- Prodcom 28132650 - Reciprocating displacement compressors having a gauge pressure capacity . .15 bar, giving a flow per hour > .60 m.
- Prodcom 28132670 - Reciprocating displacement compressors having a gauge pressure capacity > .15 bar, giving a flow per hour . .120 m.
- Prodcom 28132690 - Reciprocating displacement compressors having a gauge pressure capacity > .15 bar, giving a flow per hour > .120 m.
- Prodcom 28132730 - Rotary displacement compressors, single-shaft
- Prodcom 28132753 - Multi-shaft screw compressors
- Prodcom 28132755 - Multi-shaft compressors (excluding screw compressors)
- Prodcom 28132800 - Air/gas compressors excluding air/vacuum pumps used in refrigeration, air compressors mounted on wheeled chassis, t urbo compressors, reciprocating and rotary displacement compressors
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
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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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