Latvia - Non-Numerically Controlled Horizontal Lathes, for Removing Metal - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLatvia: Non-Numerically Controlled Lathe Market 2024
Non-Numerically Controlled Lathe Market Size in Latvia
After five years of growth, the Latvian non-numerically controlled lathe market decreased by X% to $X in 2022. Overall, consumption, however, enjoyed mild growth. Non-numerically controlled lathe consumption peaked at $X in 2021, and then contracted remarkably in the following year.
Non-Numerically Controlled Lathe Exports
Exports from Latvia
In 2022, overseas shipments of non-numerically controlled horizontal lathes, for removing metal decreased by X% to X units, falling for the fourth consecutive year after two years of growth. In general, exports continue to indicate a abrupt decline. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, the non-numerically controlled laexports attained the peak figure at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.
In value terms, non-numerically controlled lathe exports skyrocketed to $X in 2022. Overall, exports showed a perceptible decrease. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.
Exports by Country
Lithuania (X units) was the main destination for non-numerically controlled lathe exports from Latvia, with a X% share of total exports. Moreover, non-numerically controlled lathe exports to Lithuania exceeded the volume sent to the second major destination, Russia (X units), fourfold.
From 2012 to 2022, the average annual rate of growth in terms of volume to Lithuania amounted to X%.
In value terms, Russia ($X) emerged as the key foreign market for non-numerically controlled horizontal lathes, for removing metal exports from Latvia, comprising X% of total exports. The second position in the ranking was held by Lithuania ($X), with an X% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of value to Russia was relatively modest.
Export Prices by Country
In 2022, the average non-numerically controlled lathe export price amounted to $X per unit, growing by X% against the previous year. Over the period under review, the export price showed a buoyant increase. The pace of growth was the most pronounced in 2019 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Lithuania stood at $X per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Numerically Controlled Lathe Imports
Imports into Latvia
After five years of growth, purchases abroad of non-numerically controlled horizontal lathes, for removing metal decreased by X% to X units in 2022. Over the period under review, imports recorded a perceptible slump. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at X units in 2021, and then fell markedly in the following year.
In value terms, non-numerically controlled lathe imports expanded slightly to $X in 2022. Overall, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, non-numerically controlled laimports reached the maximum at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.
Imports by Country
In 2022, Poland (X units) constituted the largest supplier of non-numerically controlled lathe to Latvia, with a X% share of total imports. Moreover, non-numerically controlled lathe imports from Poland exceeded the figures recorded by the second-largest supplier, Germany (X units), sevenfold. The third position in this ranking was held by Bulgaria (X units), with a X% share.
From 2012 to 2022, the average annual growth rate of volume from Poland totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Bulgaria (X% per year).
In value terms, South Korea ($X) constituted the largest supplier of non-numerically controlled horizontal lathes, for removing metal to Latvia, comprising X% of total imports. The second position in the ranking was taken by Bulgaria ($X), with a X% share of total imports. It was followed by Germany, with a X% share.
From 2012 to 2022, the average annual growth rate of value from South Korea totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (X% per year) and Germany (X% per year).
Import Prices by Country
The average non-numerically controlled lathe import price stood at $X per unit in 2022, jumping by X% against the previous year. In general, the import price showed a significant expansion. The growth pace was the most rapid in 2013 when the average import price increased by X%. The import price peaked at $X per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the non-numerically controlled lathe 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.
Product coverage:
- Prodcom 28412140 - Non-numerically controlled horizontal lathes, for removing metal
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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