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Latvia - Lighting Sets For Christmas Trees - Market Analysis, Forecast, Size, Trends and Insights
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Latvia: Overview of the Market for Lighting Sets For Christmas Trees 2019

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Market Size for Lighting Sets For Christmas Trees in Latvia

The revenue of the market for lighting sets for christmas trees in Latvia amounted to $X in 2018, coming down by -X% against the previous year. In general, consumption of lighting sets for christmas trees continues to indicate an abrupt setback. The pace of growth appeared the most rapid in 2009 with an increase of X% year-to-year. In that year, the market for lighting set for christmas trees attained its peak level of $X. From 2010 to 2018, the growth of the market for lighting set for christmas trees remained at a lower figure.

Production of Lighting Sets For Christmas Trees in Latvia

In value terms, production of lighting sets for christmas trees totaled $X in 2018 estimated in export prices. In general, production of lighting sets for christmas trees continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, production of lighting sets for christmas trees reached its maximum level at $X in 2007; however, from 2008 to 2018, production failed to regain its momentum.

Exports of Lighting Sets For Christmas Trees

Exports from Latvia

In 2018, the exports of lighting sets for christmas trees from Latvia stood at X units, going up by X% against the previous year. In general, exports of lighting sets for christmas trees continue to indicate a moderate expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Over the period under review, exports of lighting sets for christmas trees attained their maximum in 2018 and are likely to see steady growth in the immediate term.

In value terms, exports of lighting sets for christmas trees totaled $X in 2018. In general, exports of lighting sets for christmas trees continue to indicate prominent growth. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Latvia exports peaked in 2018 and are expected to retain its growth in the near future.

Exports by Country

China prevails in exports of lighting sets for christmas trees structure, resulting at X units, which was approx. X% of total exports in 2018. The following exporters - Cambodia (X units) and the Netherlands (X units) - each reached a X% share of total exports.

Exports from China increased at an average annual rate of +X% from 2007 to 2018. At the same time, Cambodia (+X%) and the Netherlands (+X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. While the share of China (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest lighting set for christmas trees supplier from Latvia, comprising X% of global exports. The second position in the ranking was occupied by Cambodia ($X), with a X% share of global exports. It was followed by the Netherlands, with a X% share.

In China, exports of lighting sets for christmas trees 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: Cambodia (+X% per year) and the Netherlands (+X% per year).

Export Prices by Country

The export price for lighting sets for christmas trees in Latvia stood at $X per unit in 2018, rising by X% against the previous year. In general, the export price for lighting sets for christmas trees continues to indicate remarkable growth. The growth pace was the most rapid in 2014 when the export price increased by X% against the previous year. Latvia export price peaked in 2018 and is likely to continue its growth in the immediate term.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Cambodia, while the other leaders experienced mixed trends in the export price figures.

Imports of Lighting Sets For Christmas Trees

Imports into Latvia

In 2018, the imports of lighting sets for christmas trees into Latvia amounted to X units, going down by -X% against the previous year. In general, imports of lighting sets for christmas trees continue to indicate an abrupt decrease. The pace of growth was the most pronounced in 2009 when imports increased by X% year-to-year. In that year, imports of lighting sets for christmas trees reached their peak of X units. From 2010 to 2018, the growth of imports of lighting sets for christmas trees remained at a lower figure.

In value terms, imports of lighting sets for christmas trees amounted to $X in 2018. In general, imports of lighting sets for christmas trees continue to indicate moderate growth. The pace of growth appeared the most rapid in 2013 when imports increased by X% year-to-year. Over the period under review, imports of lighting sets for christmas trees attained their peak figure in 2018 and are expected to retain its growth in the near future.

Imports by Country

In 2018, the U.S. (X units) represented the largest importer of lighting sets for christmas trees, comprising X% of total imports. It was distantly followed by the UK (X units), Canada (X units), the Netherlands (X units) and Germany (X units), together creating a X% share of total imports. Italy (X units), Poland (X units), Mexico (X units), Brazil (X units), Venezuela (X units) and France (X units) held a little share of total imports.

Imports into the U.S. decreased at an average annual rate of -X% from 2007 to 2018. At the same time, Venezuela (+X%), the Netherlands (+X%), Canada (+X%) and Poland (+X%) displayed positive paces of growth. Moreover, Venezuela emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Germany and the UK experienced a relatively flat trend pattern. By contrast, France (-X%), Mexico (-X%), Italy (-X%) and Brazil (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of the Netherlands and Canada increased by +X% and +X% percentage points, while Mexico (-X p.p.), Brazil (-X p.p.), Italy (-X p.p.) and the U.S. (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported lighting sets for christmas trees into Latvia, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by the Netherlands, with a X% share.

In the U.S., imports of lighting sets for christmas trees increased at an average annual rate of +X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+X% per year) and the Netherlands (+X% per year).

Import Prices by Country

In 2018, the import price for lighting sets for christmas trees in Latvia amounted to $X per unit, surging by X% against the previous year. Overall, the import price for lighting sets for christmas trees continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2010 when the import price increased by X% year-to-year. Over the period under review, the import prices for lighting sets for christmas trees attained their peak figure in 2018 and is expected to retain its growth in the immediate term.

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

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

Source: IndexBox AI Platform

Product coverage:
• Prodcom 27403200 - Lighting sets for Christmas trees

This report provides an in-depth analysis of the market for lighting set for christmas trees 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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