Latvia: Transistor Market 2024

Transistor Market Size in Latvia

The Latvian transistor market fell to $X in 2022, which is down by X% against the previous year. In general, the total consumption indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Transistor Production in Latvia

In value terms, transistor production reduced to $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

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Transistor Exports

Exports from Latvia

In 2022, overseas shipments of transistors, other than photosensitive transistors decreased by X% to X units, falling for the second year in a row after two years of growth. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, transistor exports shrank remarkably to $X in 2022. Overall, exports showed a noticeable slump. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Estonia (X units) was the main destination for transistor exports from Latvia, accounting for a X% share of total exports. Moreover, transistor exports to Estonia exceeded the volume sent to the second major destination, Belarus (X units), threefold. The third position in this ranking was taken by Germany (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Estonia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (X% per year) and Germany (X% per year).

In value terms, Germany ($X), Belarus ($X) and Hong Kong SAR ($X) appeared to be the largest markets for transistor exported from Latvia worldwide, together comprising X% of total exports. Estonia, Russia, Turkey and China lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Turkey, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average transistor export price amounted to $X per unit, dropping by X% against the previous year. Overall, the export price showed a noticeable decline. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per unit), while the average price for exports to China (less than $X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X%), while the prices for the other major destinations experienced more modest paces of growth.

Transistor Imports

Imports into Latvia

In 2022, overseas purchases of transistors, other than photosensitive transistors decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, transistor imports skyrocketed to $X in 2022. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

The Netherlands (X units), Germany (X units) and France (X units) were the main suppliers of transistor imports to Latvia, with a combined X% share of total imports. Lithuania, China, Belgium, Taiwan (Chinese), Estonia and Sweden lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest transistor suppliers to Latvia were Germany ($X), China ($X) and Belgium ($X), together comprising X% of total imports.

Belgium, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average transistor import price amounted to $X per unit, jumping by X% against the previous year. Overall, the import price saw a temperate increase. The most prominent rate of growth was recorded in 2016 an increase of X%. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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