Latvia - Scrapers Earth Moving, Excavating, Extracting Machinery (Not Self-Propelled) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Latvia - Scrapers Earth Moving, Excavating, Extracting Machinery (Not Self-Propelled) - Market Analysis, Forecast, Size, Trends And Insights

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Scrapers Excavator Price in Latvia - 2023

Contents:

  1. Scrapers Excavator Price in Latvia (CIF) - 2022
  2. Scrapers Excavator Price in Latvia (FOB) - 2022
  3. Scrapers Excavator Imports in Latvia
  4. Scrapers Excavator Exports in Latvia

Scrapers Excavator Price in Latvia (CIF) - 2022

In 2022, the average scrapers excavator import price amounted to $71,343 per unit, waning by -38.9% against the previous year. In general, the import price, however, saw a perceptible expansion. The growth pace was the most rapid in 2021 when the average import price increased by 252% against the previous year. As a result, import price reached the peak level of $116,700 per unit, and then contracted rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Estonia ($326,427 per unit), while the price for Norway ($4,167 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+68.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Scrapers Excavator Price in Latvia (FOB) - 2022

In 2022, the average scrapers excavator export price amounted to $9,884 per unit, with a decrease of -59.4% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average export price increased by 593%. Over the period under review, the average export prices hit record highs at $54,216 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($37,416 per unit), while the average price for exports to Lithuania ($504 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 the Netherlands (+66.9%), while the prices for the other major destinations experienced more modest paces of growth.

Scrapers Excavator Imports in Latvia

In 2022, approx. 18 units of scrapers earth moving, excavating, extracting machinery (not self-propelled) were imported into Latvia; picking up by 38% compared with 2021. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 44% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, scrapers excavator imports declined dramatically to $1.3M in 2022. Overall, imports, however, recorded a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 408% against the previous year. Imports peaked at $1.7M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Scrapers Excavator in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia46.39.556332691.7%
Finland82655.3279305-28.3%
Germany29398.8260180-15.0%
Ukraine13888.4135101-9.9%
Lithuania3326.033.689.3-35.4%
CanadaN/AN/AN/A62.10%
ItalyN/A5.4N/A56.8224.3%
Poland31.19.313034.83.8%
Belgium14.316.653.526.923.4%
Denmark6.1N/A2.019.948.3%
FranceN/AN/AN/A16.40%
Norway2.4N/AN/A12.573.3%
China11.2N/AN/A6.5-16.6%
Others19.49.161.746.033.3%
Total1,7192991,5171,284-9.3%

Top Suppliers of Scrapers Excavator to Latvia in 2022:

  1. Norway (3.0 units)
  2. Finland (2.0 units)
  3. Ukraine (1.0 units)
  4. Canada (1.0 units)
  5. Italy (1.0 units)
  6. Estonia (1.0 units)
  7. Denmark (1.0 units)
  8. Poland (1.0 units)
  9. Lithuania (1.0 units)
  10. France (1.0 units)
  11. Germany (1.0 units)
  12. Belgium (1.0 units)
  13. China (1.0 units)

Scrapers Excavator Exports in Latvia

Scrapers excavator exports from Latvia dropped to 6 units in 2022, which is down by -14.3% on the previous year. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 75%. As a result, the exports reached the peak of 7 units, and then fell in the following year.

In value terms, scrapers excavator exports fell sharply to $59K in 2022. In general, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 286%. As a result, the exports attained the peak of $171K, and then reduced notably in the following year.

Export of Scrapers Excavator in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany10.70.118.537.451.8%
Russia22.5N/A23.27.6-30.4%
EstoniaN/A4.13.96.828.8%
PolandN/AN/AN/A6.40%
FinlandN/AN/A11.50.5-95.7%
Lithuania3.6N/A45.80.5-48.2%
SwedenN/AN/A19.4N/A0%
FranceN/A2.7N/AN/A0%
South Africa61.5N/AN/AN/A0%
Belarus7.137.348.2N/A160.6%
Ukraine3.5N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total10944.217159.3-18.4%

Top Export Markets for Scrapers Excavator from Latvia in 2022:

  1. Estonia (1.0 units)
  2. Poland (1.0 units)
  3. Finland (1.0 units)
  4. Lithuania (1.0 units)
  5. Germany (1.0 units)
  6. Russia (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the scrapers excavator market 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 28923070 - Scrapers earth moving, excavating, extracting... machinery, n ot self-propelled

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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