Latvia: Helicopter Market 2020

Helicopter Market Size in Latvia

The revenue of the helicopter market in Latvia amounted to $X in 2018, jumping by X% against the previous year. Over the period under review, helicopter consumption continues to indicate prominent growth. The pace of growth appeared the most rapid in 2008 when the market value increased by X% y-o-y. Over the period under review, the helicopter market attained its peak figure level at $X in 2012; however, from 2013 to 2018, consumption remained at a lower figure.

Helicopter Production in Latvia

In value terms, helicopter production amounted to $X in 2018 estimated in export prices. Over the period under review, helicopter production continues to indicate skyrocketing growth. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Latvia helicopter production peaked in 2018 and is likely to continue its growth in the near future.

Helicopter Exports

Exports from Latvia

Helicopter exports from Latvia stood at X units in 2018, remaining relatively unchanged against the previous year. Overall, helicopter exports continue to indicate an outstanding increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, helicopter exports reached their peak figure at X units in 2017, leveling off in the following year.

In value terms, helicopter exports stood at $X in 2018. Overall, helicopter exports continue to indicate a resilient increase. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. In that year, helicopter exports attained their peak and are likely to continue its growth in the immediate term.

Exports by Country

China prevails in helicopter exports structure, accounting for X units, which was near X% of total exports in 2018. It was distantly followed by Germany (X units), mixing up a X% share of total exports. The following exporters - Madagascar (X units) and France (X units) - together made up X% of total exports.

China was also the fastest-growing in terms of the helicopters exports, with a CAGR of +X% from 2007 to 2018. At the same time, Madagascar (+X%), Germany (+X%) and France (+X%) displayed positive paces of growth. While the share of China (+X p.p.), Germany (+X p.p.), Madagascar (+X p.p.) and France (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, France ($X), Germany ($X) and Latvia ($X) were the countries with the highest levels of exports in 2018, together comprising X% of total exports.

In terms of the main exporting countries, Latvia recorded the highest growth rate of exports, over the last eleven years, while the other leaders experienced a decline in the exports figures.

Export Prices by Country

The helicopter export price in Latvia stood at $X per unit in 2018, picking up by X% against the previous year. In general, the helicopter export price, however, continues to indicate a sharp downturn. The most prominent rate of growth was recorded in 2018 when the export price increased by X% y-o-y. Latvia export price peaked at $X per unit in 2007; however, from 2008 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 France ($X per unit), while China ($X per unit) 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 export price figures.

Helicopter Imports

Imports into Latvia

In 2018, the helicopter imports into Latvia amounted to X units, coming down by -X% against the previous year. Overall, helicopter imports, however, continue to indicate an outstanding expansion. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. Over the period under review, helicopter imports reached their peak figure at X units in 2017, and then declined slightly in the following year.

In value terms, helicopter imports amounted to $X in 2018. Over the period under review, helicopter imports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% y-o-y. In that year, helicopter imports reached their peak of $X, and then declined slightly in the following year.

Imports by Country

Australia was the key importer of helicopters in the world, with the volume of imports amounting to X units, which was near X% of total imports in 2018. It was distantly followed by the U.S. (X units), the Netherlands (X units) and Peru (X units), together comprising a X% share of total imports. The UK (X units), Germany (X units) and South Africa (X units) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by the Netherlands (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constitutes the largest market for imported helicopters into Latvia, comprising X% of global imports. The second position in the ranking was occupied by Australia ($X), with a X% share of global imports. It was followed by the UK, with a X% share.

In the U.S., helicopter imports contracted by an average annual rate of -X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: Australia (-X% per year) and the UK (-X% per year).

Import Prices by Country

In 2018, the helicopter import price in Latvia amounted to $X per unit, going down by -X% against the previous year. Overall, the helicopter import price continues to indicate an abrupt contraction. The growth pace was the most rapid in 2017 an increase of X% year-to-year. Over the period under review, the import prices for helicopters attained their maximum at $X per unit in 2009; however, from 2010 to 2018, import prices remained at a lower figure.

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

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

Source: IndexBox Platform