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Latvia - Tools For Working In The Hand, Pneumatic, Hydraulic Or With Self-Contained Non-Electric Motor - Market Analysis, Forecast, Size, Trends and Insights
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Latvia: Overview of the Market for Pneumatic Or Hydraulic Hand Tools 2019

Market Size for Pneumatic Or Hydraulic Hand Tools in Latvia

The revenue of the market for pneumatic or hydraulic hand tools in Latvia amounted to $X in 2018, falling by -X% against the previous year. In general, consumption of pneumatic or hydraulic hand tools continues to indicate a drastic reduction. The growth pace was the most rapid in 2012 with an increase of X% year-to-year. Latvia consumption of pneumatic or hydraulic hand tools peaked at $X in 2013; however, from 2014 to 2018, consumption remained at a lower figure.

Production of Pneumatic Or Hydraulic Hand Tools in Latvia

In value terms, production of pneumatic or hydraulic hand tools stood at $X in 2018 estimated in export prices. Overall, production of pneumatic or hydraulic hand tools continues to indicate a drastic deduction. The pace of growth was the most pronounced in 2011 when production volume increased by X% y-o-y. Over the period under review, production of pneumatic or hydraulic hand tools reached its peak figure level at $X in 2017, and then declined slightly in the following year.

Exports of Pneumatic Or Hydraulic Hand Tools

Exports from Latvia

In 2018, approx. X units of pneumatic or hydraulic hand tools were exported from Latvia; picking up by X% against the previous year. In general, exports of pneumatic or hydraulic hand tools, however, continue to indicate a deep drop. The pace of growth was the most pronounced in 2015 when exports increased by X% y-o-y. Latvia exports peaked at X units in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, exports of pneumatic or hydraulic hand tools amounted to $X in 2018. Over the period under review, exports of pneumatic or hydraulic hand tools, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 when exports increased by X% against the previous year. Latvia exports peaked at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

China was the largest exporting country with an export of about X units, which recorded X% of total exports. It was distantly followed by Taiwan, Chinese (X units), Singapore (X units), Italy (X units) and Germany (X units), together comprising a X% share of total exports. The following exporters - the U.S. (X units), Mexico (X units), Japan (X units) and Sweden (X units) - together made up X% of total exports.

From 2007 to 2018, average annual rates of growth with regard to pneumatic or hydraulic hand tool exports from China stood at +X%. At the same time, Singapore (+X%), Italy (+X%), Germany (+X%) and Mexico (+X%) displayed positive paces of growth. Moreover, Singapore emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, Sweden (-X%), the U.S. (-X%), Japan (-X%) and Taiwan, Chinese (-X%) illustrated a downward trend over the same period. China (+X p.p.), Singapore (+X p.p.) and Italy (+X p.p.) significantly strengthened its position in terms of the global exports, while Sweden, Japan, the U.S. and Taiwan, Chinese saw its share reduced by -X%, -X%, -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Germany ($X) and Taiwan, Chinese ($X) constituted the countries with the highest levels of exports in 2018, together accounting for X% of total exports.

Among the main exporting countries, China experienced the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2018, the export price for pneumatic or hydraulic hand tools in Latvia amounted to $X per unit, waning by -X% against the previous year. Overall, the export price for pneumatic or hydraulic hand tools, however, continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2010 when the export price increased by X% against the previous year. In that year, the export prices for pneumatic or hydraulic hand tools reached their peak level of $X per unit. From 2011 to 2018, the growth in terms of the export prices for pneumatic or hydraulic hand tools remained at a lower figure.

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

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

Imports of Pneumatic Or Hydraulic Hand Tools

Imports into Latvia

Imports of pneumatic or hydraulic hand tools into Latvia totaled X units in 2018, surging by X% against the previous year. Over the period under review, imports of pneumatic or hydraulic hand tools, however, continue to indicate an abrupt decrease. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Over the period under review, imports of pneumatic or hydraulic hand tools reached their peak figure at X units in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, imports of pneumatic or hydraulic hand tools stood at $X in 2018. In general, imports of pneumatic or hydraulic hand tools, however, continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. In that year, imports of pneumatic or hydraulic hand tools attained their peak of $X. From 2013 to 2018, the growth of imports of pneumatic or hydraulic hand tools failed to regain its momentum.

Imports by Country

In 2018, the U.S. (X units) was the major importer of pneumatic or hydraulic hand tools, comprising X% of total imports. Russia (X units) ranks second in terms of the total imports with a X% share, followed by Canada (X%) and Chile (X%). The following importers - Australia (X units), France (X units), India (X units), Germany (X units), Brazil (X units), Mexico (X units), Singapore (X units) and New Zealand (X units) - together made up X% of total imports.

The U.S. experienced a relatively flat trend pattern of pneumatic or hydraulic hand tools imports. At the same time, Chile (+X%), India (+X%), New Zealand (+X%), Brazil (+X%), Russia (+X%), Singapore (+X%), Australia (+X%) and Mexico (+X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. France and Canada experienced a relatively flat trend pattern. By contrast, Germany (-X%) illustrated a downward trend over the same period. Chile (+X p.p.), Russia (+X p.p.), the U.S. (+X p.p.) and India (+X p.p.) significantly strengthened its position in terms of the global imports, while Germany saw its share reduced by -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported pneumatic or hydraulic hand tools into Latvia, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by France, with a X% share.

In the U.S., imports of pneumatic or hydraulic hand tools 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 France (+X% per year).

Import Prices by Country

In 2018, the import price for pneumatic or hydraulic hand tools in Latvia amounted to $X per unit, dropping by -X% against the previous year. In general, the import price for pneumatic or hydraulic hand tools, however, continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. In that year, the import prices for pneumatic or hydraulic hand tools attained their peak level of $X per unit, and then declined slightly in the following year.

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

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

Source: IndexBox Platform

Product coverage:
• Prodcom 28241240 - Tools for working in the hand, pneumatic, including combined rotary-percussion
• Prodcom 28241260 - Chainsaws with a self-contained non-electric motor
• Prodcom 28241280 - Handtools, hydraulic or with a self-contained non-electric motor (excluding chainsaws)

This report provides an in-depth analysis of the market for pneumatic or hydraulic hand tool 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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