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Latvia - Fishing Rods And Other Line Fishing Tackle - Market Analysis, Forecast, Size, Trends and Insights
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Latvia: Fishing Rod Market Overview 2020

Fishing Rod Market Size in Latvia

The revenue of the fishing rod market in Latvia amounted to $X in 2018, picking up by X% against the previous year. Overall, fishing rod consumption, however, continues to indicate a deep decrease. The pace of growth appeared the most rapid in 2018 when the market value increased by X% year-to-year. Over the period under review, the fishing rod market reached its peak figure level at $X in 2008; however, from 2009 to 2018, consumption failed to regain its momentum.

Fishing Rod Production in Latvia

In value terms, fishing rod production stood at $X in 2018 estimated in export prices. Over the period under review, fishing rod production continues to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. In that year, fishing rod production reached its peak level of $X. From 2014 to 2018, fishing rod production growth remained at a somewhat lower figure.

Fishing Rod Exports

Exports from Latvia

In 2018, the fishing rod exports from Latvia totaled X units, rising by X% against the previous year. In general, fishing rod exports continue to indicate mild growth. The growth pace was the most rapid in 2009 when exports increased by X% against the previous year. In that year, fishing rod exports reached their peak of X units. From 2010 to 2018, the growth of fishing rod exports remained at a somewhat lower figure.

In value terms, fishing rod exports stood at $X in 2018. Over the period under review, fishing rod exports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2010 when exports increased by X% against the previous year. Latvia exports peaked in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

China prevails in fishing rod exports structure, finishing at X units, which was approx. X% of total exports in 2018. It was distantly followed by Japan (X units), mixing up a X% share of total exports. The following exporters - Malaysia (X units), Singapore (X units), Viet Nam (X units), Thailand (X units), South Korea (X units), the Netherlands (X units) and Indonesia (X units) - together made up X% of total exports.

From 2007 to 2018, average annual rates of growth with regard to fishing rod exports from China stood at +X%. At the same time, Viet Nam (+X%) and Thailand (+X%) displayed positive paces of growth. Moreover, Viet Nam emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Singapore, the Netherlands and Malaysia experienced a relatively flat trend pattern. By contrast, South Korea (-X%), Japan (-X%) and Indonesia (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.) and Viet Nam (+X p.p.) increased significantly in terms of the global exports from 2007-2018, the share of Indonesia (-X p.p.) and Japan (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest fishing rod supplier from Latvia, comprising X% of global exports. The second position in the ranking was occupied by Japan ($X), with a X% share of global exports. It was followed by Malaysia, with a X% share.

In China, fishing rod exports increased at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Japan (+X% per year) and Malaysia (+X% per year).

Export Prices by Country

The fishing rod export price in Latvia stood at $X per unit in 2018, coming down by -X% against the previous year. In general, the fishing rod export price, however, continues to indicate buoyant growth. The pace of growth was the most pronounced in 2010 when the export price increased by X% year-to-year. Over the period under review, the export prices for fishing rods and other line fishing tackle attained their maximum at $X per unit in 2017, and then declined slightly in the following year.

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

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

Fishing Rod Imports

Imports into Latvia

In 2018, the imports of fishing rods and other line fishing tackle into Latvia stood at X units, rising by X% against the previous year. Over the period under review, fishing rod imports, however, continue to indicate a drastic slump. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, fishing rod imports attained their peak figure at X units in 2008; however, from 2009 to 2018, imports failed to regain their momentum.

In value terms, fishing rod imports totaled $X in 2018. In general, fishing rod imports, however, continue to indicate slight growth. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. In that year, fishing rod imports attained their peak and are likely to continue its growth in the immediate term.

Imports by Country

In 2018, the U.S. (X units), followed by Japan (X units), Indonesia (X units) and Russia (X units) represented the largest importers of fishing rods and other line fishing tackle, together mixing up X% of total imports. China (X units), South Korea (X units), Germany (X units), Spain (X units), Thailand (X units), France (X units), Australia (X units) and Singapore (X units) followed a long way behind the leaders.

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

In value terms, the U.S. ($X), Japan ($X) and South Korea ($X) appeared to be the countries with the highest levels of imports in 2018, with a combined X% share of total imports. These countries were followed by Singapore, Germany, France, Australia, China, Spain, Thailand, Indonesia, Russia and Latvia, which together accounted for a further X terms of the main importing countries, Indonesia experienced the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the fishing rod import price in Latvia amounted to $X per unit, waning by -X% against the previous year. Over the period under review, the fishing rod import price, however, continues to indicate prominent growth. The growth pace was the most rapid in 2015 when the import price increased by X% year-to-year. Over the period under review, the import prices for fishing rods and other line fishing tackle reached their peak figure at $X per unit in 2017, and then declined slightly in the following year.

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

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

Source: IndexBox AI Platform

Product coverage:
• Prodcom 32301600 - Fishing rods, other line fishing tackle, articles for hunting or fishing n.e.c.

This report provides an in-depth analysis of the fishing rod 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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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