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Latvia - Air Conditioning Machines - Market Analysis, Forecast, Size, Trends and Insights

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Latvia: Air Conditioning Machine Market Overview 2020

Air Conditioning Machine Market Size in Latvia

The revenue of the air conditioning machine market in Latvia amounted to $X in 2018, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, air conditioning machine consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. Over the period under review, the air conditioning machine market attained its maximum level at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Air Conditioning Machine Exports

Exports from Latvia

Air conditioning machine exports from Latvia amounted to X units in 2018, dropping by -X% against the previous year. Overall, air conditioning machine exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, air conditioning machine exports reached their maximum at X units in 2016; however, from 2017 to 2018, exports remained at a lower figure.

In value terms, air conditioning machine exports stood at $X in 2018. In general, air conditioning machine exports, however, continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2015 when exports increased by X% year-to-year. Over the period under review, air conditioning machine exports reached their peak figure in 2018 and are expected to retain its growth in the near future.

Exports by Country

In 2018, China (X units) was the main exporter of air conditioning machines, committing X% of total exports. Thailand (X units) ranks second in terms of the total exports with a X% share, followed by Italy (X%). Malaysia (X units), Mexico (X units), South Korea (X units), Oman (X units), the U.S. (X units) and China, Hong Kong SAR (X units) took a relatively small share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Oman, while the other leaders experienced more modest paces of growth.

In value terms, the largest air conditioning machine markets from Latvia were China ($X), Thailand ($X) and Malaysia ($X), with a combined X% share of total exports. These countries were followed by South Korea, the U.S., Mexico, Italy, China, Hong Kong SAR, Latvia and Oman, which together accounted for a further X recorded the highest rates of growth with regard to exports, in terms of the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the air conditioning machine export price in Latvia amounted to $X per unit, rising by X% against the previous year. Overall, the air conditioning machine export price continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2017 when the export price increased by X% y-o-y. Latvia export price peaked in 2018 and is expected to retain its growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Malaysia ($X per unit), while Oman ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Malaysia, while the other leaders experienced more modest paces of growth.

Air Conditioning Machine Imports

Imports into Latvia

Air conditioning machine imports into Latvia totaled X units in 2018, jumping by X% against the previous year. Over the period under review, air conditioning machine imports continue to indicate a mild expansion. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. Latvia imports peaked in 2018 and are likely to continue its growth in the near future.

In value terms, air conditioning machine imports stood at $X in 2018. Overall, air conditioning machine imports continue to indicate a moderate decrease. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. Over the period under review, air conditioning machine imports reached their peak figure at $X in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, the U.S. (X units), followed by Japan (X units) and Cambodia (X units) were the key importers of air conditioning machines, together comprising X% of total imports. Mexico (X units), Saudi Arabia (X units), India (X units), Viet Nam (X units), the United Arab Emirates (X units), Spain (X units), Russia (X units), France (X units) and China, Hong Kong SAR (X units) held a relatively small share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Cambodia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Japan ($X) and Saudi Arabia ($X) were the countries with the highest levels of imports in 2018, with a combined X% share of total imports. These countries were followed by Viet Nam, France, India, Mexico, Spain, Russia, China, Hong Kong SAR, the United Arab Emirates, Cambodia and Latvia, which together accounted for a further X experienced the highest rates of growth with regard to imports, in terms of the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The air conditioning machine import price in Latvia stood at $X per unit in 2018, reducing by -X% against the previous year. Over the period under review, the air conditioning machine import price continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2013 an increase of X% y-o-y. Latvia import price peaked at $X per unit in 2014; however, from 2015 to 2018, import prices failed to regain their momentum.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was France ($X per unit), while Cambodia ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Saudi Arabia, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 28251220 - Window or wall air conditioning systems, self-contained or split-systems
• Prodcom 28251240 - Air conditioning machines of a kind used in motor vehicles
• Prodcom 28251250 - Air conditioning machines with refrigeration unit (excluding those used in motor vehicles, self-contained or split-systems machines)
• Prodcom 28251270 - Air conditioning machines not containing a refrigeration unit, c entral station air handling units, vav boxes and terminals, c onstant volume units and fan coil units

This report provides an in-depth analysis of the air conditioning 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.


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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2018
Figure 21:
Production, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, 2007–2018
Figure 23:
Imports, In Value Terms, 2007–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2007–2018
Figure 26:
Imports, In Value Terms, By Country, 2007–2018
Figure 27:
Import Prices, By Country Of Origin, 2007–2018
Figure 28:
Exports, In Physical Terms, 2007–2018
Figure 29:
Exports, In Value Terms, 2007–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2007–2018
Figure 32:
Exports, In Value Terms, By Country, 2007–2018
Figure 33:
Export Prices, By Country Of Destination, 2007–2018

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