Price for Vehicles; Mobile Drilling Derricks in Latvia - 2022
Contents:
- Price for Vehicles; Mobile Drilling Derricks in Latvia (FOB) - 2022
- Price for Vehicles; Mobile Drilling Derricks in Latvia (CIF) - 2022
- Exports of Vehicles; Mobile Drilling Derricks in Latvia
- Imports of Vehicles; Mobile Drilling Derricks in Latvia
Price for Vehicles; Mobile Drilling Derricks in Latvia (FOB) - 2022
In 2022, the average vehicles; mobile drilling derricks export price amounted to $34,647 per unit, growing by 94% against the previous year. Over the period under review, the export price enjoyed a noticeable increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Lithuania.
From 2012 to 2022, the rate of growth in terms of prices for Lithuania amounted to +4.1% per year.
Price for Vehicles; Mobile Drilling Derricks in Latvia (CIF) - 2022
In 2020, the average vehicles; mobile drilling derricks import price amounted to $82,092 per unit, growing by 169% against the previous year. In general, the import price posted significant growth. The most prominent rate of growth was recorded in 2013 an increase of 1,525%. Over the period under review, average import prices reached the maximum at $249,149 per unit in 2018; however, from 2019 to 2020, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($146,783 per unit), while the price for Estonia amounted to $60,528 per unit.
From 2012 to 2020, the most notable rate of growth in terms of prices was attained by the UK (+35.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Vehicles; Mobile Drilling Derricks in Latvia
In 2022, the amount of vehicles; mobile drilling derrickses exported from Latvia amounted to 1 units, remaining constant against 2021 figures. Overall, exports showed a relatively flat trend pattern. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, vehicles; mobile drilling derricks exports skyrocketed to $35K in 2022. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Vehicles; Mobile Drilling Derricks in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Lithuania | N/A | 34.6 | 0% | ||
| Georgia | 17.9 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 17.9 | 34.6 | 93.3% | ||
Top Export Markets for Vehicles; Mobile Drilling Derricks from Latvia in 2022:
- Lithuania (1.0 units)
Imports of Vehicles; Mobile Drilling Derricks in Latvia
In 2020, the amount of vehicles; mobile drilling derrickses imported into Latvia amounted to 4 units, therefore, remained relatively stable against 2019 figures. In general, imports saw a relatively flat trend pattern. Imports peaked in 2020 and are expected to retain growth in the near future.
In value terms, vehicles; mobile drilling derricks imports skyrocketed to $328K in 2020. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Vehicles; Mobile Drilling Derricks in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Estonia | N/A | 182 | 0% | ||
| Germany | N/A | 147 | 0% | ||
| Russia | 7.5 | N/A | 0% | ||
| United Kingdom | 26.9 | N/A | 0% | ||
| Lithuania | 48.2 | N/A | 0% | ||
| Netherlands | 39.3 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 122 | 328 | 168.9% | ||
Top Suppliers of Vehicles; Mobile Drilling Derricks to Latvia in 2022:
- Estonia (3.0 units)
- Germany (1.0 units)
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