Latvia: Market for Metal Windows And Doors 2019

Market Size for Metal Windows And Doors in Latvia

The revenue of the metal window and door market in Latvia amounted to $X in 2018, going down by -X% against the previous year. Overall, metal window and door consumption, however, continues to indicate a significant reduction. The pace of growth appeared the most rapid in 2011 when the market value increased by X% year-to-year. Latvia metal window and door consumption peaked at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Production of Metal Windows And Doors in Latvia

In value terms, metal window and door production stood at $X in 2018 estimated in export prices. Over the period under review, metal window and door production continues to indicate slight growth. The pace of growth appeared the most rapid in 2011 when production volume increased by X% year-to-year. Latvia metal window and door production peaked at $X in 2014; however, from 2015 to 2018, production stood at a somewhat lower figure.

Exports of Metal Windows And Doors

Exports from Latvia

In 2018, the amount of metal windows and doors exported from Latvia totaled X tons, increasing by X% against the previous year. Over the period under review, metal window and door exports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Over the period under review, metal window and door exports reached their maximum in 2018 and are likely to continue its growth in the immediate term.

In value terms, metal window and door exports stood at $X in 2018. In general, metal window and door exports continue to indicate a remarkable expansion. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Latvia exports peaked in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

China was the key exporter of metal windows and doors in the world, with the volume of exports finishing at X tons, which was approx. X% of total exports in 2018. Germany (X tons) occupied the second position in the ranking, followed by Italy (X tons) and Canada (X tons). All these countries together took approx. X% share of total exports. Turkey (X tons), the U.S. (X tons), Thailand (X tons), Poland (X tons), Portugal (X tons), Spain (X tons), the Netherlands (X tons) and Russia (X tons) followed a long way behind the leaders.

China experienced a relatively flat trend pattern of metal windows and doors exports. At the same time, Russia (+X%), Turkey (+X%), Portugal (+X%), Spain (+X%), Poland (+X%) and Italy (+X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. The U.S. experienced a relatively flat trend pattern. By contrast, Germany (-X%), Canada (-X%), Thailand (-X%) and the Netherlands (-X%) illustrated a downward trend over the same period. While the share of Turkey (+X p.p.), Italy (+X p.p.), Portugal (+X p.p.), Poland (+X p.p.), Russia (+X p.p.) and Spain (+X p.p.) increased significantly in terms of the global exports from 2007-2018, the share of China (-X p.p.), the Netherlands (-X p.p.) and Germany (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest metal window and door markets from Latvia were China ($X), Germany ($X) and Italy ($X), with a combined X% share of total exports. These countries were followed by Poland, Canada, the U.S., Portugal, Thailand, the Netherlands, Turkey, Spain, Russia and Latvia, which together accounted for a further X terms of the main exporting countries, Russia experienced 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

In 2018, the metal window and door export price in Latvia amounted to $X per ton, lowering by -X% against the previous year. In general, the metal window and door export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when the export price increased by X% year-to-year. Latvia export price peaked at $X per ton in 2013; however, from 2014 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Poland ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Imports of Metal Windows And Doors

Imports into Latvia

In 2018, approx. X tons of metal windows and doors were imported into Latvia; going up by X% against the previous year. Over the period under review, metal window and door imports, however, continue to indicate a noticeable downturn. The growth pace was the most rapid in 2016 with an increase of X% year-to-year. Over the period under review, metal window and door imports attained their maximum at X tons in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, metal window and door imports amounted to $X in 2018. Overall, metal window and door imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. Over the period under review, metal window and door imports reached their maximum at $X in 2007; however, from 2008 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, the U.S. (X tons), distantly followed by Russia (X tons), Germany (X tons) and France (X tons) represented the major importers of metal windows and doors, together generating X% of total imports. The following importers - China, Hong Kong SAR (X tons), Australia (X tons), Japan (X tons), the UK (X tons), Canada (X tons), Nigeria (X tons), the Netherlands (X tons) and the Philippines (X tons) - together made up X% of total imports.

From 2007 to 2018, average annual rates of growth with regard to metal window and door imports into the U.S. stood at +X%. At the same time, Australia (+X%), the Philippines (+X%), Nigeria (+X%), the UK (+X%), Canada (+X%), Germany (+X%), China, Hong Kong SAR (+X%), France (+X%) and the Netherlands (+X%) displayed positive paces of growth. Moreover, Australia emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Japan experienced a relatively flat trend pattern. By contrast, Russia (-X%) illustrated a downward trend over the same period. Australia (+X p.p.), Germany (+X p.p.), Nigeria (+X p.p.), the U.S. (+X p.p.), the UK (+X p.p.), the Philippines (+X p.p.), Canada (+X p.p.) and China, Hong Kong SAR (+X p.p.) significantly strengthened its position in terms of the global imports, while Russia 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. ($X) constitutes the largest market for imported metal windows and doors into Latvia, comprising X% of global imports. The second position in the ranking was occupied by France ($X), with a X% share of global imports. It was followed by Japan, with a X% share.

In the U.S., metal window and door imports expanded at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: France (+X% per year) and Japan (+X% per year).

Import Prices by Country

The metal window and door import price in Latvia stood at $X per ton in 2018, rising by X% against the previous year. Over the period under review, the import price indicated temperate growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2008 when the import price increased by X% y-o-y. Over the period under review, the import prices for metal windows and doors attained their maximum at $X per ton in 2013; however, from 2014 to 2018, import prices failed to regain their momentum.

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

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

Source: IndexBox Platform