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Latvia - Starter Motors And Dual Purpose Starter Generators - Market Analysis, Forecast, Size, Trends and Insights
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Latvia: Starter Motor Market Overview 2020

Starter Motor Market Size in Latvia

The revenue of the starter motor market in Latvia amounted to $X in 2018, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, starter motor consumption continues to indicate prominent growth. The most prominent rate of growth was recorded in 2011 when the market value increased by X% y-o-y. Over the period under review, the starter motor market reached its peak figure level in 2018 and is expected to retain its growth in the near future.

Starter Motor Exports

Exports from Latvia

In 2018, approx. X tonnes of starter motors and dual purpose starter generators were exported from Latvia; shrinking by -X% against the previous year. In general, starter motor exports, however, continue to indicate prominent growth. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. Latvia exports peaked at X tonnes in 2017, and then declined slightly in the following year.

In value terms, starter motor exports stood at $X in 2018. Over the period under review, starter motor exports, however, continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2012 when exports increased by X% year-to-year. Over the period under review, starter motor exports reached their maximum at $X in 2017, and then declined slightly in the following year.

Exports by Country

China (X tonnes), Japan (X tonnes), Mexico (X tonnes), the U.S. (X tonnes), Germany (X tonnes), Hungary (X tonnes), Poland (X tonnes), France (X tonnes), the Czech Republic (X tonnes), South Korea (X tonnes), India (X tonnes) and the UK (X tonnes) represented roughly X% of total exports of starter motors and dual purpose starter generators in 2018.

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

In value terms, the largest starter motor markets from Latvia were the U.S. ($X), Japan ($X) and China ($X), together accounting for X% of total exports. Mexico, Germany, Hungary, Poland, France, India, the UK, South Korea, the Czech Republic and Latvia lagged somewhat behind, together comprising a further X the main exporting countries, Latvia recorded the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The starter motor export price in Latvia stood at $X per tonne in 2018, falling by -X% against the previous year. In general, the export price indicated slight growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, starter motor export price increased by +X% against 2014 indices. The pace of growth was the most pronounced in 2013 an increase of X% y-o-y. In that year, the export prices for starter motors and dual purpose starter generators attained their peak level of $X per tonne. From 2014 to 2018, the growth in terms of the export prices for starter motors and dual purpose starter generators remained at a somewhat lower figure.

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. ($X per tonne), while China ($X per tonne) was amongst the lowest.

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

Starter Motor Imports

Imports into Latvia

In 2018, the amount of starter motors and dual purpose starter generators imported into Latvia amounted to X tonnes, growing by X% against the previous year. Overall, starter motor imports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, starter motor imports attained their maximum in 2018 and are expected to retain its growth in the immediate term.

In value terms, starter motor imports amounted to $X in 2018. Over the period under review, starter motor imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. Over the period under review, starter motor imports reached their maximum in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

The U.S. was the key importer of starter motors and dual purpose starter generators in the world, with the volume of imports resulting at X tonnes, which was near X% of total imports in 2018. Germany (X tonnes) occupied a X% share (based on tonnes) of total imports, which put it in second place, followed by Mexico (X%), France (X%) and the UK (X%). China (X tonnes), Canada (X tonnes), the Netherlands (X tonnes), Russia (X tonnes), the Czech Republic (X tonnes), Italy (X tonnes) and Spain (X tonnes) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to starter motor imports into the U.S. stood at +X%. At the same time, China (+X%), the Netherlands (+X%), the Czech Republic (+X%), Mexico (+X%), Russia (+X%), Germany (+X%), Spain (+X%), Italy (+X%) and Canada (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. The UK experienced a relatively flat trend pattern. By contrast, France (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of the U.S., Mexico, Germany, China, the Netherlands and the Czech Republic increased by +X%, +X%, +X%, +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported starter motors and dual purpose starter generators into Latvia, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by Mexico, with a X% share.

From 2007 to 2018, the average annual growth rate of value in the U.S. amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Mexico (+X% per year).

Import Prices by Country

In 2018, the starter motor import price in Latvia amounted to $X per tonne, lowering by -X% against the previous year. Over the period under review, the starter motor import price continues to indicate a moderate decline. The pace of growth was the most pronounced in 2008 when the import price increased by X% against the previous year. In that year, the import prices for starter motors and dual purpose starter generators attained their peak level of $X per tonne. From 2009 to 2018, the growth in terms of the import prices for starter motors and dual purpose starter generators failed to regain its momentum.

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

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

Source: IndexBox AI Platform

Product coverage:
• Prodcom 29312230 - Starter motors and dual-purpose starter-generators

This report provides an in-depth analysis of the starter motor 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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