Latvia: Market for Electrical Apparatus For Switching Or Protecting Electrical Circuits, For Making Connexions To Or In Electrical Circuits 2019

Market Size for Electrical Apparatus For Switching Or Protecting Electrical Circuits, For Making Connexions To Or In Electrical Circuits in Latvia

The revenue of the market for electrical apparatus for switching or protecting electrical circuits, for making connexions to or in electrical circuits in Latvia amounted to $X in 2018, surging by X% against the previous year. Over the period under review, consumption of electrical apparatus for switching or protecting electrical circuits, for making connexions to or in electrical circuits, however, continues to indicate a modest increase. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Latvia consumption of electrical apparatus for switching or protecting electrical circuits, for making connexions to or in electrical circuits peaked at $X in 2010; however, from 2011 to 2018, consumption stood at a somewhat lower figure.

Production of Electrical Apparatus For Switching Or Protecting Electrical Circuits, For Making Connexions To Or In Electrical Circuits in Latvia

In value terms, production of electrical apparatus for switching or protecting electrical circuits, for making connexions to or in electrical circuits stood at $X in 2018 estimated in export prices. Overall, production of electrical apparatus for switching or protecting electrical circuits, for making connexions to or in electrical circuits continues to indicate a skyrocketing expansion. The growth pace was the most rapid in 2011 when production volume increased by X% year-to-year. Over the period under review, production of electrical apparatus for switching or protecting electrical circuits, for making connexions to or in electrical circuits attained its maximum level in 2018 and is expected to retain its growth in the near future.

Exports of Electrical Apparatus For Switching Or Protecting Electrical Circuits, For Making Connexions To Or In Electrical Circuits

Exports from Latvia

In 2018, the amount of electrical apparatus for switching or protecting electrical circuits, for making connexions to or in electrical circuits exported from Latvia stood at X tons, increasing by X% against the previous year. Over the period under review, the total exports indicated strong growth from 2007 to 2018: its volume 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, exports of electrical apparatus for switching or protecting electrical circuits, for making connexions to or in electrical circuits decreased by -X% against 2015 indices. The pace of growth appeared the most rapid in 2012 with an increase of X% against the previous year. Over the period under review, exports of electrical apparatus for switching or protecting electrical circuits, for making connexions to or in electrical circuits attained their maximum at X tons in 2015; however, from 2016 to 2018, exports remained at a lower figure.

In value terms, exports of electrical apparatus for switching or protecting electrical circuits, for making connexions to or in electrical circuits stood at $X in 2018. Overall, exports of electrical apparatus for switching or protecting electrical circuits, for making connexions to or in electrical circuits continue to indicate a strong increase. The most prominent rate of growth was recorded in 2012 when exports increased by X% y-o-y. Over the period under review, exports of electrical apparatus for switching or protecting electrical circuits, for making connexions to or in electrical circuits attained their maximum at $X in 2014; however, from 2015 to 2018, exports stood at a somewhat lower figure.

Exports by Country

In 2018, China (X tons), distantly followed by the U.S. (X tons) and Germany (X tons) were the main exporters of electrical apparatus for switching or protecting electrical circuits, for making connexions to or in electrical circuits, together comprising X% of total exports. The following exporters - Italy (X tons), Mexico (X tons), Japan (X tons), France (X tons), China, Hong Kong SAR (X tons), the Czech Republic (X tons), Spain (X tons), South Korea (X tons) and Singapore (X tons) - together made up X% of total exports.

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

In value terms, the largest electrical apparatus for protecting circuits markets from Latvia were China ($X), Germany ($X) and the U.S. ($X), with a combined X% share of total exports.

China experienced the highest rates of growth with regard to exports, in terms of the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the export price for electrical apparatus for switching or protecting electrical circuits, for making connexions to or in electrical circuits in Latvia amounted to $X per ton, waning by -X% against the previous year. Overall, the export price indicated remarkable 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. Based on 2018 figures, export price for electrical apparatus for switching or protecting electrical circuits, for making connexions to or in electrical circuits increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2012 an increase of X% y-o-y. Over the period under review, the export prices for electrical apparatus for switching or protecting electrical circuits, for making connexions to or in electrical circuits reached their peak figure at $X per ton in 2017, and then declined slightly in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($X per ton), while Spain ($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.

Imports of Electrical Apparatus For Switching Or Protecting Electrical Circuits, For Making Connexions To Or In Electrical Circuits

Imports into Latvia

In 2018, the amount of electrical apparatus for switching or protecting electrical circuits, for making connexions to or in electrical circuits imported into Latvia stood at X tons, growing by X% against the previous year. Over the period under review, imports of electrical apparatus for switching or protecting electrical circuits, for making connexions to or in electrical circuits continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. In that year, imports of electrical apparatus for switching or protecting electrical circuits, for making connexions to or in electrical circuits attained their peak of X tons. From 2011 to 2018, the growth of imports of electrical apparatus for switching or protecting electrical circuits, for making connexions to or in electrical circuits remained at a lower figure.

In value terms, imports of electrical apparatus for switching or protecting electrical circuits, for making connexions to or in electrical circuits amounted to $X in 2018. The total import value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2010 when imports increased by X% y-o-y. Latvia imports peaked at $X in 2013; however, from 2014 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, China (X tons), distantly followed by Mexico (X tons), China, Hong Kong SAR (X tons), the U.S. (X tons) and Germany (X tons) were the key importers of electrical apparatus for switching or protecting electrical circuits, for making connexions to or in electrical circuits, together generating X% of total imports. The following importers - Japan (X tons), the UK (X tons), France (X tons), Malaysia (X tons), the Czech Republic (X tons), Indonesia (X tons) and Spain (X tons) - each amounted to a X% share of total imports.

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

In value terms, China ($X), the U.S. ($X) and Germany ($X) appeared to be the countries with the highest levels of imports in 2018, with a combined X% share of total imports. China, Hong Kong SAR, Mexico, France, the UK, Japan, the Czech Republic, Spain, Malaysia, Indonesia and Latvia lagged somewhat behind, together accounting for a further X the main importing countries, Indonesia recorded the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the import price for electrical apparatus for switching or protecting electrical circuits, for making connexions to or in electrical circuits in Latvia amounted to $X per ton, reducing by -X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. In that year, the import prices for electrical apparatus for switching or protecting electrical circuits, for making connexions to or in electrical circuits attained their peak level of $X per ton. From 2012 to 2018, the growth in terms of the import prices for electrical apparatus for switching or protecting electrical circuits, for making connexions to or in electrical circuits 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 Germany ($X per ton), while Mexico ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by France, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform