Latvia: Manure Spreader Market 2024

Manure Spreader Market Size in Latvia

The Latvian manure spreader market rose to $X in 2022, growing by X% against the previous year. Over the period under review, consumption continues to indicate a buoyant increase. Manure spreader consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Manure Spreader Production in Latvia

In value terms, manure spreader production stood at $X in 2022 estimated in export price. Over the period under review, production saw a prominent expansion. The growth pace was the most rapid in 2019 when the production volume increased by X%. Manure spreader production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Manure Spreader Exports

Exports from Latvia

In 2016, approx. X units of manure spreaders and fertilizer distributors were exported from Latvia; declining by X% on the previous year. In general, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2016, the growth of the exports remained at a somewhat lower figure.

In value terms, manure spreader exports dropped remarkably to $X in 2016. Overall, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports attained the peak of $X. From 2015 to 2016, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Russia (X units), Finland (X units) and Lithuania (X units) were the main destinations of manure spreader exports from Latvia, together accounting for X% of total exports. Estonia, Bulgaria, the Czech Republic and the Netherlands lagged somewhat behind, together accounting for a further X%.

From 2012 to 2016, the biggest increases were recorded for Estonia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Finland ($X) and Lithuania ($X) constituted the largest markets for manure spreader exported from Latvia worldwide, together comprising X% of total exports. Estonia, Bulgaria, the Czech Republic and the Netherlands lagged somewhat behind, together accounting for a further X%.

Estonia, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average manure spreader export price stood at $X per unit in 2016, falling by X% against the previous year. Overall, the export price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2016, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($X per unit), while the average price for exports to the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (X%), while the prices for the other major destinations experienced a decline.

Manure Spreader Imports

Imports into Latvia

In 2016, approx. X units of manure spreaders and fertilizer distributors were imported into Latvia; waning by X% on the previous year. Overall, imports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of X units, and then reduced markedly in the following year.

In value terms, manure spreader imports reduced to $X in 2016. Over the period under review, total imports indicated prominent growth from 2012 to 2016: its value increased at an average annual rate of X% over the last four years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2016 figures, imports increased by X% against 2012 indices. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then reduced in the following year.

Imports by Country

Germany (X units), Poland (X units) and Lithuania (X units) were the main suppliers of manure spreader imports to Latvia, together comprising X% of total imports. France, the Netherlands, Denmark and Belgium lagged somewhat behind, together accounting for a further X%.

From 2012 to 2016, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of manure spreaders and fertilizer distributors to Latvia, comprising X% of total imports. The second position in the ranking was held by Poland ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2016, the average annual rate of growth in terms of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and France (X% per year).

Import Prices by Country

In 2016, the average manure spreader import price amounted to $X per unit, with an increase of X% against the previous year. Overall, the import price, however, saw a noticeable slump. Over the period under review, average import prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2016, import prices remained at a lower figure.

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

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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