Latvia - Machines For Working Wire - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingWorking Wire Machine Price in Latvia - 2023
Contents:
- Working Wire Machine Price in Latvia (CIF) - 2022
- Working Wire Machine Price in Latvia (FOB) - 2022
- Working Wire Machine Imports in Latvia
- Working Wire Machine Exports in Latvia
Working Wire Machine Price in Latvia (CIF) - 2022
In 2022, the average working wire machine import price amounted to $10,108 per unit, which is down by -61.2% against the previous year. Overall, the import price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 64% against the previous year. The import price peaked at $50,482 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($21,145 per unit), while the price for Serbia stood at $9,752 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+155.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Working Wire Machine Price in Latvia (FOB) - 2022
In 2021, the average working wire machine export price amounted to $21,086 per unit, which is down by -49.6% against the previous year. Overall, the export price, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2016 an increase of 90%. As a result, the export price attained the peak level of $74,374 per unit. From 2017 to 2021, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($31,086 per unit), while the average price for exports to Lithuania ($4,768 per unit) was amongst the lowest.
From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+17.4%), while the prices for the other major destinations experienced a decline.
Working Wire Machine Imports in Latvia
In 2022, working wire machine imports into Latvia rose remarkably to 32 units, surging by 10% compared with 2021 figures. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 1,350%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, working wire machine imports shrank rapidly to $323K in 2022. In general, imports, however, showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 702%. As a result, imports attained the peak of $756K, and then declined notably in the following year.
Import of Working Wire Machine in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Serbia | N/A | N/A | N/A | 302 | 0% |
China | N/A | 3.5 | 13.7 | 21.1 | 145.5% |
Estonia | 2.7 | N/A | 4.7 | N/A | 31.9% |
Italy | 351 | N/A | 646 | N/A | 35.7% |
Australia | N/A | N/A | 74.2 | N/A | 0% |
Others | N/A | 90.8 | 17.4 | N/A | -80.8% |
Total | 353 | 94.2 | 756 | 323 | -2.9% |
Top Suppliers of Working Wire Machine to Latvia in 2022:
- Serbia (31.0 units)
- China (1.0 units)
Working Wire Machine Exports in Latvia
In 2021, approx. 4 units of machines for working wire were exported from Latvia; which is down by -63.6% on the previous year. In general, exports showed a sharp shrinkage. Over the period under review, the exports attained the maximum at 11 units in 2020, and then fell significantly in the following year.
In value terms, working wire machine exports declined sharply to $84K in 2021. Overall, exports faced a sharp reduction. Over the period under review, the exports attained the maximum at $460K in 2020, and then dropped notably in the following year.
Export of Working Wire Machine in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | CAGR, 2020-2021 | ||
Russia | 90.8 | 62.2 | -31.5% | ||
Saudi Arabia | N/A | 17.4 | 0% | ||
Lithuania | N/A | 4.8 | 0% | ||
Uzbekistan | 370 | N/A | 0% | ||
Others | N/A | N/A | 0% | ||
Total | 460 | 84.3 | -81.7% |
Top Export Markets for Working Wire Machine from Latvia in 2022:
- Russia (2.0 units)
- Saudi Arabia (1.0 units)
- Lithuania (1.0 units)
This report provides an in-depth analysis of the working wire machine 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 28413450 - Machines for working wire (excluding draw-benches, thread rolling machines)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the working wire machine market in Latvia.
This report provides an in-depth analysis of the bar draw-bench market in Latvia.
This report provides an in-depth analysis of the market for machine tool for metal in Latvia.
This report provides an in-depth analysis of the thread rolling machine market in Latvia.
This report provides an in-depth analysis of the global working wire machine market.
This report provides an in-depth analysis of the global bar draw-bench market.
This report provides an in-depth analysis of the global market for machine tool for metal.
This report provides an in-depth analysis of the global thread rolling machine market.
This report provides an in-depth analysis of the working wire machine market in Latvia.
This report provides an in-depth analysis of the bar draw-bench market in Latvia.
Nothing found. Please try again.