Latvia - Sheet Piling, Shapes And Sections (Of Iron Or Steel) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 4, 2024

Latvia - Sheet Piling, Shapes And Sections (Of Iron Or Steel) - Market Analysis, Forecast, Size, Trends and Insights

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Sheet Piling Price in Latvia - 2023

Contents:

  1. Sheet Piling Price in Latvia (FOB) - 2023
  2. Sheet Piling Price in Latvia (CIF) - 2022
  3. Sheet Piling Exports in Latvia
  4. Sheet Piling Imports in Latvia

Sheet Piling Price in Latvia (FOB) - 2023

In September 2023, the average sheet piling export price amounted to $1,606 per ton, dropping by -59% against the previous month. In general, the export price showed a abrupt downturn. The pace of growth appeared the most rapid in June 2023 an increase of 174% against the previous month. The export price peaked at $4,354 per ton in November 2022; however, from December 2022 to September 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Denmark ($1,980 per ton), while the average price for exports to Lithuania stood at $688 per ton.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+9.4%).

Sheet Piling Price in Latvia (CIF) - 2022

The average sheet piling import price stood at $1,416 per ton in 2022, remaining stable against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 16%. As a result, import price attained the peak level of $1,431 per ton, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2,287 per ton), while the price for Estonia ($879 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Sheet Piling Exports in Latvia

In 2022, overseas shipments of sheet piling, shapes and sections (of iron or steel) were finally on the rise to reach 1.4K tons after two years of decline. Overall, exports, however, saw a dramatic decline.

In value terms, sheet piling exports expanded rapidly to $3.6M in 2022. In general, exports, however, faced a significant decline.

Export of Sheet Piling in Latvia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark25.816.42.72.8-52.3%
Lithuania0.30.40.10.518.6%
Germany4.33.9N/A0.2-64.0%
Others1.00.40.60.2-41.5%
Total31.321.13.43.6-51.4%

Top Export Markets for Sheet Piling from Latvia in 2022:

  1. Denmark (764.3 tons)
  2. Lithuania (546.4 tons)
  3. Germany (6.3 tons)

Sheet Piling Imports in Latvia

In 2022, imports of sheet piling, shapes and sections (of iron or steel) into Latvia declined rapidly to 1.9K tons, with a decrease of -36.2% on the previous year. Overall, imports showed a abrupt curtailment. The growth pace was the most rapid in 2021 when imports increased by 4.2%.

In value terms, sheet piling imports shrank remarkably to $2.7M in 2022. In general, imports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 21%. As a result, imports attained the peak of $4.3M, and then plummeted in the following year.

Import of Sheet Piling in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark7168298631,06114.0%
Estonia5016506746448.7%
Lithuania5779541,439459-7.3%
Poland629398783164-36.1%
Luxembourg32.3N/A68.712456.6%
Germany39535213188.6-39.2%
Netherlands2760.30.21.9-81.0%
Others278351305147-19.1%
Total3,4043,5344,2642,690-7.5%

Top Suppliers of Sheet Piling to Latvia in 2022:

  1. Estonia (732.5 tons)
  2. Denmark (587.4 tons)
  3. Lithuania (342.5 tons)
  4. Poland (89.3 tons)
  5. Luxembourg (88.1 tons)
  6. Germany (38.7 tons)
  7. Netherlands (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sheet piling 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 24107410 - Sheet piling (of steel)
  • Prodcom 24107420 - Welded and cold-formed sections (of steel)

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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