Latvia: Billiard Accessoires Market 2024

Billiard Accessoires Market Size in Latvia

The Latvian billiard accessoires market reduced to $X in 2022, declining by X% against the previous year. In general, consumption saw a drastic downturn. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Billiard Accessoires Production in Latvia

In value terms, billiard accessoires production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed measured growth. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Billiard Accessoires Exports

Exports from Latvia

Billiard accessoires exports from Latvia soared to X tons in 2022, surging by X% on the year before. Over the period under review, exports, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, billiard accessoires exports fell to $X in 2022. In general, exports, however, saw a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Georgia (X tons) was the main destination for billiard accessoires exports from Latvia, with a X% share of total exports. Moreover, billiard accessoires exports to Georgia exceeded the volume sent to the second major destination, Armenia (X kg), twofold. Russia (X kg) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Georgia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Armenia (X% per year) and Russia (X% per year).

In value terms, Armenia ($X) emerged as the key foreign market for articles and accessories for billiards exports from Latvia, comprising X% of total exports. The second position in the ranking was taken by Russia ($X), with a X% share of total exports. It was followed by Georgia, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Armenia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Georgia (X% per year).

Export Prices by Country

The average billiard accessoires export price stood at $X per ton in 2022, reducing by X% against the previous year. In general, the export price recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Armenia ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Billiard Accessoires Imports

Imports into Latvia

Billiard accessoires imports into Latvia fell rapidly to X tons in 2022, reducing by X% against 2021. In general, imports faced a sharp decline. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, billiard accessoires imports surged to $X in 2022. Over the period under review, imports saw a sharp curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United States (X kg), China (X kg) and Italy (X kg) were the main suppliers of billiard accessoires imports to Latvia, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest billiard accessoires suppliers to Latvia were the United States ($X), Italy ($X) and Belgium ($X), with a combined X% share of total imports.

Italy, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average billiard accessoires import price stood at $X per ton in 2022, surging by X% against the previous year. In general, the import price enjoyed a prominent increase. The pace of growth appeared the most rapid in 2016 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform