
Latvia - Flat-Rolled Products of Iron or Steel (Not Further Worked Than Hot-Rolled) - Market Analysis, Forecast, Size, Trends and Insights
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Hot-Rolled Steel Products Market Size in Latvia
The revenue of the hot-rolled steel products market in Latvia amounted to $X in 2018, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, hot-rolled steel products consumption continues to indicate a remarkable expansion. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. In that year, the hot-rolled steel products market reached its peak level and is likely to continue its growth in the immediate term.
Hot-Rolled Steel Products Exports
Exports from Latvia
Hot-rolled steel products exports from Latvia totaled X tons in 2018, coming down by -X% against the previous year. In general, hot-rolled steel products exports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Latvia exports peaked at X tons in 2017, and then declined slightly in the following year.
In value terms, hot-rolled steel products exports totaled $X in 2018. Overall, hot-rolled steel products exports, however, continue to indicate a remarkable 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, hot-rolled steel products exports reached their maximum at $X in 2017, and then declined slightly in the following year.
Exports by Country
China (X tons) and Japan (X tons) represented roughly X% of total exports of flat-rolled products of iron or steel (not further worked than hot-rolled) in 2018. South Korea (X tons) ranks next in terms of the total exports with a X% share, followed by Belgium (X%), Germany (X%), Russia (X%) and France (X%). Taiwan, Chinese (X tons), Ukraine (X tons), India (X tons), Turkey (X tons) and the U.S. (X tons) held a relatively small share of total exports.
From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Turkey, while the other leaders experienced more modest paces of growth.
In value terms, the largest hot-rolled steel products markets from Latvia were China ($X), Japan ($X) and South Korea ($X), with a combined X% share of total exports. Belgium, Germany, France, Russia, Taiwan, Chinese, the U.S., India, Ukraine, Turkey and Latvia lagged somewhat behind, together comprising a further X recorded the highest rates of growth with regard to exports, in terms of the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2018, the hot-rolled steel products export price in Latvia amounted to $X per ton, jumping by X% against the previous year. In general, the hot-rolled steel products export price, however, continues to indicate a slight slump. The growth pace was the most rapid in 2017 when the export price increased by X% against the previous year. Latvia export price peaked at $X per ton in 2008; however, from 2009 to 2018, export prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Belgium ($X per ton), while Ukraine ($X per ton) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced a decline in the export price figures.
Hot-Rolled Steel Products Imports
Imports into Latvia
In 2018, the amount of flat-rolled products of iron or steel (not further worked than hot-rolled) imported into Latvia stood at X tons, jumping by X% against the previous year. Over the period under review, hot-rolled steel products imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, hot-rolled steel products imports reached their maximum at X tons in 2016; however, from 2017 to 2018, imports failed to regain their momentum.
In value terms, hot-rolled steel products imports totaled $X in 2018. Over the period under review, hot-rolled steel products imports continue to indicate a prominent increase. The growth pace was the most rapid in 2010 when imports increased by X% year-to-year. Latvia imports peaked in 2018 and are expected to retain its growth in the immediate term.
Imports by Country
In 2018, Vietnam (X tons), South Korea (X tons), Italy (X tons), Germany (X tons), Turkey (X tons), the U.S. (X tons), China (X tons), Thailand (X tons), Belgium (X tons), Spain (X tons), France (X tons) and India (X tons) were the largest importers of flat-rolled products of iron or steel (not further worked than hot-rolled) in the world, achieving X% of total import.
From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Vietnam, while the other leaders experienced more modest paces of growth.
In value terms, Germany ($X), Italy ($X) and Vietnam ($X) were the countries with the highest levels of imports in 2018, together accounting for X% of total imports.
Among the main importing countries, Vietnam recorded the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2018, the hot-rolled steel products import price in Latvia amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the hot-rolled steel products import price, however, continues to indicate a slight slump. The pace of growth was the most pronounced in 2017 when the import price increased by X% against the previous year. Over the period under review, the import prices for flat-rolled products of iron or steel (not further worked than hot-rolled) reached their maximum at $X per ton in 2008; however, from 2009 to 2018, import prices failed to regain their momentum.
There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was France ($X per ton), while Vietnam ($X per ton) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was attained by South Korea, while the other leaders experienced a decline in the import price figures.
Source: IndexBox Platform
This report provides an in-depth analysis of the hot-rolled steel products market 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.
Product coverage:
- Prodcom 24103110 - Flat-rolled products of iron or non-alloy steel, of a width . .600 mm, simply hot-rolled, not clad, plated or coated, in coils
- Prodcom 24103130 - Flat-rolled products of iron or non-alloy steel, of a width . .600 mm, not in coils, simply hot-rolled, not clad, plated or coated, w ith patterns in relief directly due to the rolling process and products of a thickness < 4,75 mm, without patterns in relief
- Prodcom 24103150 - Flat-rolled products, of iron or non-alloy steel, of a width . .600 mm (excluding
- Prodcom 24103210 - Flat-rolled products of iron or non-alloy steel, simply hot-rolled on four faces or in a closed box pass, not clad, plated or coated, of a width of > .150 mm but < .600 mm and a thickness of . 4 mm, not in coils, without patterns in relief, commonly
- Prodcom 24103230 - Flat-rolled products of iron or non-alloy steel, of a width < .600 mm, simply hot-rolled, not clad, plated or coated (excluding
- Prodcom 24103330 - Plates and sheets produced by cutting from hot-rolled wide strip of a width of .600 mm or more, of stainless steel
- Prodcom 24103340 - Plates and sheets produced on a reversing mill (quarto) of a width of .600 mm or more and wide flats, of stainless steel
- Prodcom 241033Z0 - Hot-rolled flat products in coil of a width . .600 mm, of stainless steel
- Prodcom 241034Z0 - Hot-rolled flat products in coil of a width < .600 mm, of stainless steel
- Prodcom 24103510 - Flat-rolled products, of tool steel or alloy steel other than stainless steel, of a width . .600 mm, not further worked than hot-rolled, in coils (excluding products of high-speed or siliconelectrical steel)
- Prodcom 24103520 - Flat-rolled products of high-speed steel, of a width . .600 mm, h ot-rolled or cold-rolled
- Prodcom 24103530 - Flat-rolled products, of tool steel or alloy steel other than stainless steel, of a width . .600 mm, not further worked than hot-rolled, not in coils (excluding organic coated products, p roducts of a thickness < 4,75 mm and products of high-
- Prodcom 24103540 - Flat-rolled products of alloy steel other than stainless, of a width . .600 mm, not further worked than hot-rolled, not in coils, of a thickness of < 4,75 mm (excluding products of tool steel, high-speed steel or silicon-electrical steel)
- Prodcom 24103600 - Flat-rolled products of alloy steel other than stainless, of a width of < .600 mm, not further worked than hot-rolled (excluding products of high-speed steel or silicon-electrical steel)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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