Way-Type Unit Head Price in Latvia - 2023
Contents:
- Way-Type Unit Head Price in Latvia (CIF) - 2022
- Way-Type Unit Head Price in Latvia (FOB) - 2022
- Way-Type Unit Head Imports in Latvia
- Way-Type Unit Head Exports in Latvia
Way-Type Unit Head Price in Latvia (CIF) - 2022
The average way-type unit head import price stood at $10,608 per unit in 2022, picking up by 63% against the previous year. Overall, the import price continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2015 when the average import price increased by 401% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($15,540 per unit), while the price for Estonia ($665 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+82.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Way-Type Unit Head Price in Latvia (FOB) - 2022
In 2022, the average way-type unit head export price amounted to $8,030 per unit, leveling off at the previous year. Over the period under review, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2016 when the average export price increased by 6.7% against the previous year. Over the period under review, the average export prices attained the peak figure at $51,130 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Kazakhstan.
From 2012 to 2022, the rate of growth in terms of prices for Estonia amounted to -29.8% per year.
Way-Type Unit Head Imports in Latvia
In 2022, after two years of decline, there was significant growth in purchases abroad of way-type unit heads for working metal, when their volume increased by 409% to 56 units. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, way-type unit head imports skyrocketed to $594K in 2022. In general, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Way-Type Unit Head in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 0.1 | 1.4 | 71.4 | 315 | 1365.9% |
| Italy | N/A | 61.0 | N/A | 233 | 95.4% |
| Denmark | N/A | N/A | N/A | 35.7 | 0% |
| Japan | N/A | N/A | N/A | 4.4 | 0% |
| Poland | 2.8 | 4.4 | N/A | 3.1 | 3.5% |
| Russia | N/A | N/A | N/A | 2.1 | 0% |
| Estonia | 13.1 | 1.0 | 0.4 | 0.7 | -62.3% |
| Germany | 3.9 | N/A | N/A | N/A | 0% |
| Sweden | 6.7 | 1.8 | N/A | N/A | -73.1% |
| Netherlands | 2.9 | N/A | N/A | N/A | 0% |
| Others | 22.3 | 1.4 | N/A | N/A | -93.7% |
| Total | 51.9 | 71.0 | 71.8 | 594 | 125.4% |
Top Suppliers of Way-Type Unit Head to Latvia in 2022:
- Lithuania (30.0 units)
- Italy (15.0 units)
- Denmark (3.0 units)
- Japan (3.0 units)
- Russia (3.0 units)
- Estonia (1.0 units)
- Poland (1.0 units)
Way-Type Unit Head Exports in Latvia
In 2022, overseas shipments of way-type unit heads for working metal decreased by 0% to 7 units for the first time since 2019, thus ending a two-year declining trend. Overall, exports showed a significant increase. The smallest decline of 99.9% was in 2020. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, way-type unit head exports stood at $56K in 2022. In general, exports showed a significant expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Way-Type Unit Head in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | N/A | N/A | N/A | 56.2 | 0% |
| Estonia | 0.1 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.1 | N/A | N/A | 56.2 | 725.2% |
Top Export Markets for Way-Type Unit Head from Latvia in 2022:
- Kazakhstan (7.0 units)
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