Latvia: Scaffolding Market 2020

Scaffolding Market Size in Latvia

The revenue of the scaffolding market in Latvia amounted to $X in 2018, dropping by -X% against the previous year. Overall, scaffolding consumption continues to indicate a deep drop. The most prominent rate of growth was recorded in 2012 when the market value increased by X% y-o-y. Latvia scaffolding consumption peaked at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Scaffolding Production in Latvia

In value terms, scaffolding production amounted to $X in 2018 estimated in export prices. In general, scaffolding production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Over the period under review, scaffolding production reached its maximum level at $X in 2014; however, from 2015 to 2018, production stood at a somewhat lower figure.

Scaffolding Exports

Exports from Latvia

In 2018, the scaffolding exports from Latvia stood at X tons, going up by X% against the previous year. In general, 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, scaffolding exports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2010 when exports increased by X% y-o-y. Over the period under review, scaffolding exports attained their peak figure at X tons in 2014; however, from 2015 to 2018, exports failed to regain their momentum.

In value terms, scaffolding exports stood at $X in 2018. In general, the total exports indicated a modest increase from 2007 to 2018: its value 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, scaffolding exports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2008 when exports increased by X% against the previous year. Latvia exports peaked 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 Germany (X tons), Austria (X tons) and South Korea (X tons) were the largest exporters of equipment for scaffolding, shuttering, propping or pit propping, together creating X% of total exports. The following exporters - Italy (X tons), India (X tons), Poland (X tons), Spain (X tons), the United Arab Emirates (X tons), Turkey (X tons), the Czech Republic (X tons) and South Africa (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 India, while the other leaders experienced more modest paces of growth.

In value terms, the largest scaffolding markets from Latvia were Germany ($X), China ($X) and Austria ($X), with a combined X% share of total exports. South Korea, Italy, Poland, India, Spain, Turkey, the United Arab Emirates, South Africa, the Czech Republic and Latvia lagged somewhat behind, together comprising a further X terms of the main exporting countries, India recorded the highest growth rate of exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The scaffolding export price in Latvia stood at $X per ton in 2018, surging by X% against the previous year. Overall, the scaffolding export price, however, continues to indicate a measured decline. The growth pace was the most rapid in 2011 an increase of X% year-to-year. Over the period under review, the export prices for equipment for scaffolding, shuttering, propping or pit propping reached their peak figure at $X per ton in 2009; however, from 2010 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Germany ($X per ton), while the United Arab Emirates ($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.

Scaffolding Imports

Imports into Latvia

In 2018, the amount of equipment for scaffolding, shuttering, propping or pit propping imported into Latvia stood at X tons, increasing by X% against the previous year. Over the period under review, scaffolding imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Latvia imports peaked at X tons in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, scaffolding imports stood at $X in 2018. Over the period under review, scaffolding imports, however, continue to indicate a significant shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Over the period under review, scaffolding imports attained their peak figure at $X in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, Germany (X tons), the U.S. (X tons) and the UK (X tons) were the major importers of equipment for scaffolding, shuttering, propping or pit propping in the world, comprising X% of total import. France (X tons), Japan (X tons), the United Arab Emirates (X tons), Austria (X tons), Australia (X tons), Kuwait (X tons), Malaysia (X tons), the Netherlands (X tons) and the Philippines (X tons) held a relatively small 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 Malaysia, while the other leaders experienced more modest paces of growth.

In value terms, the largest scaffolding importing markets into Latvia were Germany ($X), the U.S. ($X) and the UK ($X), with a combined X% share of total imports. France, the United Arab Emirates, Japan, Austria, the Netherlands, Australia, Kuwait, the Philippines, Malaysia and Latvia lagged somewhat behind, together comprising a further X the main importing countries, the Philippines recorded the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The scaffolding import price in Latvia stood at $X per ton in 2018, going up by X% against the previous year. Overall, the scaffolding import price, however, continues to indicate a moderate decline. The most prominent rate of growth was recorded in 2013 when the import price increased by X% y-o-y. Latvia import price peaked at $X per ton in 2008; however, from 2009 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was the Netherlands ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform