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Latvia - Instruments And Apparatus For Measuring Or Checking The Flow Or Level Of Liquids - Market Analysis, Forecast, Size, Trends and Insights
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Latvia: Measuring Instrument Market Overview 2020

Measuring Instrument Market Size in Latvia

The revenue of the measuring instrument market in Latvia amounted to $X in 2018, remaining relatively unchanged against the previous year. In general, measuring instrument consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when the market value increased by X% year-to-year. In that year, the measuring instrument market attained its peak level of $X. From 2013 to 2018, the growth of the measuring instrument market remained at a lower figure.

Measuring Instrument Production in Latvia

In value terms, measuring instrument production totaled $X in 2018 estimated in export prices. Over the period under review, measuring instrument production continues to indicate a drastic descent. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Latvia measuring instrument production peaked at $X in 2008; however, from 2009 to 2018, production failed to regain its momentum.

Measuring Instrument Exports

Exports from Latvia

In 2018, the exports of instruments and apparatus for measuring or checking the flow or level of liquids from Latvia amounted to X units, jumping by X% against the previous year. In general, measuring instrument exports, however, continue to indicate a dramatic decline. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Latvia exports peaked at X units in 2008; however, from 2009 to 2018, exports remained at a lower figure.

In value terms, measuring instrument exports stood at $X in 2018. In general, measuring instrument exports, however, continue to indicate remarkable growth. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, measuring instrument exports reached their peak figure at $X in 2011; however, from 2012 to 2018, exports failed to regain their momentum.

Exports by Country

The countries with the highest levels of measuring instrument exports in 2018 were Germany (X units), China (X units), Japan (X units), Mexico (X units), Luxembourg (X units), the Czech Republic (X units) and Switzerland (X units), together accounting for X% of total export. The following exporters - Malaysia (X units), Italy (X units), South Korea (X units), the Philippines (X units) and the U.S. (X units) - together made up X% 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 Luxembourg (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest measuring instrument markets from Latvia were Germany ($X), the U.S. ($X) and China ($X), together comprising X% of total exports. Japan, Italy, Mexico, Switzerland, the Czech Republic, Malaysia, South Korea, the Philippines, Luxembourg and Latvia lagged somewhat behind, together accounting for a further X Philippines recorded the highest growth rate of exports, among the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The measuring instrument export price in Latvia stood at $X per unit in 2018, rising by X% against the previous year. Over the period under review, the measuring instrument export price continues to indicate a skyrocketing increase. The growth pace was the most rapid in 2011 when the export price increased by X% against the previous year. Over the period under review, the export prices for instruments and apparatus for measuring or checking the flow or level of liquids reached their peak figure in 2018 and is expected to retain its growth in the near future.

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

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

Measuring Instrument Imports

Imports into Latvia

In 2018, the amount of instruments and apparatus for measuring or checking the flow or level of liquids imported into Latvia totaled X units, rising by X% against the previous year. In general, measuring instrument imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Latvia imports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, measuring instrument imports amounted to $X in 2018. Over the period under review, measuring instrument imports continue to indicate a strong expansion. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Latvia imports peaked at $X in 2014; however, from 2015 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, the U.S. (X units), China (X units), Germany (X units), Mozambique (X units), Poland (X units) and the Czech Republic (X units) represented the main importers of instruments and apparatus for measuring or checking the flow or level of liquids in the world, creating X% of total import. Hungary (X units), the UK (X units), Ukraine (X units), France (X units), Mexico (X units) and Canada (X units) took a minor 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 Mozambique (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest measuring instrument importing markets into Latvia were the U.S. ($X), Germany ($X) and China ($X), with a combined X% share of total imports. France, the UK, Canada, Mexico, Poland, the Czech Republic, Hungary, Ukraine, Latvia and Mozambique lagged somewhat behind, together accounting for a further X recorded the highest growth rate of 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

In 2018, the measuring instrument import price in Latvia amounted to $X per unit, shrinking by -X% against the previous year. In general, the measuring instrument import price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2010 an increase of X% year-to-year. Over the period under review, the import prices for instruments and apparatus for measuring or checking the flow or level of liquids reached their peak figure at $X per unit in 2012; however, from 2013 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Canada ($X per unit), while Mozambique ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Product coverage:
• Prodcom 26515235 - Electronic flow meters (excluding supply meters, hydrometric paddle-wheels)
• Prodcom 26515239 - Electronic instruments and apparatus for measuring or checking the level of liquids
• Prodcom 26515255 - Non-electronic flow meters (excluding supply meters, h ydrometric paddle-wheels)
• Prodcom 26515259 - Non-electronic instruments and apparatus for measuring or checking the level of liquids

This report provides an in-depth analysis of the measuring instrument 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 2030
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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