Radio Navigation Apparatus Price in Latvia - 2023
Contents:
- Radio Navigation Apparatus Price in Latvia (CIF) - 2022
- Radio Navigation Apparatus Price in Latvia (FOB) - 2022
- Radio Navigation Apparatus Imports in Latvia
- Radio Navigation Apparatus Exports in Latvia
Radio Navigation Apparatus Price in Latvia (CIF) - 2022
The average radio navigation apparatus import price stood at $283 per unit in 2022, picking up by 69% against the previous year. Over the period under review, the import price posted a resilient increase. The pace of growth appeared the most rapid in 2020 an increase of 97%. As a result, import price reached the peak level of $296 per unit. From 2021 to 2022, the average 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 ($1,028 per unit), while the price for Norway ($48 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+89.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Radio Navigation Apparatus Price in Latvia (FOB) - 2022
The average radio navigation apparatus export price stood at $175 per unit in 2022, surging by 4.1% against the previous year. Over the period under review, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, radio navigation apparatus export price increased by +85.8% against 2019 indices. The growth pace was the most rapid in 2018 when the average export price increased by 45%. The export price peaked in 2022 and is likely to see steady growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($568 per unit), while the average price for exports to Malta ($73 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 Spain (+18.1%), while the prices for the other major destinations experienced more modest paces of growth.
Radio Navigation Apparatus Imports in Latvia
In 2022, supplies from abroad of radio navigational aid apparatus increased by 17% to 25K units for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +1.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, radio navigation apparatus imports soared to $7.2M in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Radio Navigation Apparatus in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 369 | 1,218 | 145 | 2,215 | 81.7% |
| Netherlands | 1,535 | 1,055 | 1,019 | 1,311 | -5.1% |
| Lithuania | 372 | 759 | 524 | 758 | 26.8% |
| Hungary | N/A | N/A | 102 | 355 | 248.0% |
| China | 110 | 174 | 474 | 322 | 43.0% |
| Hong Kong SAR | 98.5 | 35.6 | 38.0 | 194 | 25.3% |
| Norway | 264 | 49.4 | 20.7 | 97.5 | -28.3% |
| Others | 914 | 3,501 | 1,337 | 1,957 | 28.9% |
| Total | 3,661 | 6,791 | 3,661 | 7,208 | 25.3% |
Top Suppliers of Radio Navigation Apparatus to Latvia in 2022:
- China (5.3K units)
- Lithuania (4.4K units)
- Netherlands (3.2K units)
- Hong Kong SAR (3.0K units)
- Germany (2.2K units)
- Hungary (2.2K units)
- Norway (2.0K units)
Radio Navigation Apparatus Exports in Latvia
In 2022, shipments abroad of radio navigational aid apparatus was finally on the rise to reach 11K units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a abrupt slump. Over the period under review, the exports hit record highs at 18K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, radio navigation apparatus exports skyrocketed to $2M in 2022. The total export value increased at an average annual rate of +5.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Radio Navigation Apparatus in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 777 | 405 | 320 | 718 | -2.6% |
| Estonia | 194 | 114 | 134 | 393 | 26.5% |
| Norway | 51.2 | 54.7 | 247 | 125 | 34.7% |
| Spain | 51.6 | 18.2 | 7.0 | 111 | 29.1% |
| Switzerland | 29.8 | 147 | 116 | 100 | 49.7% |
| Bulgaria | 21.7 | 16.7 | 23.2 | 68.8 | 46.9% |
| Portugal | 71.7 | 57.1 | 11.1 | 68.0 | -1.8% |
| Malta | N/A | 9.7 | 0.3 | 31.3 | 79.6% |
| Turkey | 98.2 | 63.1 | 45.6 | 30.2 | -32.5% |
| Ukraine | 40.6 | 33.7 | 17.1 | 26.8 | -12.9% |
| United States | 38.6 | 83.6 | 7.3 | 12.2 | -31.9% |
| Others | 295 | 649 | 512 | 287 | -0.9% |
| Total | 1,669 | 1,652 | 1,440 | 1,972 | 5.7% |
Top Export Markets for Radio Navigation Apparatus from Latvia in 2022:
- Lithuania (2163.0 units)
- Norway (1699.0 units)
- Estonia (1672.0 units)
- Switzerland (1156.0 units)
- Bulgaria (902.0 units)
- Portugal (721.0 units)
- Malta (429.0 units)
- Spain (195.0 units)
- Ukraine (149.0 units)
- United States (104.0 units)
- Turkey (33.0 units)
172
This report provides an in-depth analysis of the radar apparatus market in Latvia.
71
This report provides an in-depth analysis of the radar apparatus market in Latvia.
42
This report provides an in-depth analysis of the remote control apparatus market in Latvia.
374
This report provides an in-depth analysis of the radar apparatus market in Latvia.
479
This report provides an in-depth analysis of the global radio navigation apparatus market.
191
This report provides an in-depth analysis of the global radar apparatus market.
589
This report provides an in-depth analysis of the global radar apparatus market.
397
This report provides an in-depth analysis of the global remote control apparatus market.
620
This report provides an in-depth analysis of the global radar apparatus market.
172
This report provides an in-depth analysis of the radar apparatus market in Latvia.
251
Explore the world's top import markets for radio navigation apparatus, including the United States, Japan, China, and more. Discover key statistics and market trends in this article.
122
Explore the top import markets for radar apparatus and discover key statistics and import values of countries such as the United States, Japan, Germany, China, and more.
278
Explore the top import markets for radar apparatus, including the United States, Germany, Japan, and more. Learn about the key factors driving import demand and the benefits of the IndexBox market intelligence platform.
281
Explore the top import markets for remote control apparatus, including countries like the United States, Germany, China, and more. Learn about the key statistics and insights from the IndexBox market intelligence platform.
1208
In value terms, navigational instruments and appliances imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend patter...
910
In value terms, navigational instruments and appliances exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend...
1062
In 2016, the amount of radar apparatus imported worldwide totaled X tons, declining by -X% against the previous year level. The total import volume increased at an average annual rate of +X% ...
701
In 2016, the amount of radar apparatus imported worldwide totaled X tons, declining by -X% against the previous year level. The total import volume increased at an average annual rate of +X% ...
251
Explore the world's top import markets for radio navigation apparatus, including the United States, Japan, China, and more. Discover key statistics and market trends in this article.
122
Explore the top import markets for radar apparatus and discover key statistics and import values of countries such as the United States, Japan, Germany, China, and more.
