Latvia: Cutting Blade Market 2020

Cutting Blade Market Size in Latvia

The revenue of the cutting blade market in Latvia amounted to $X in 2018, shrinking 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, cutting blade consumption, however, continues to indicate temperate growth. The most prominent rate of growth was recorded in 2011 when the market value increased by X% against the previous year. Over the period under review, the cutting blade market reached its peak figure level at $X in 2017, and then declined slightly in the following year.

Cutting Blade Exports

Exports from Latvia

Cutting blade exports from Latvia stood at X tons in 2018, declining by -X% against the previous year. Over the period under review, cutting blade exports, however, continue to indicate a buoyant expansion. The growth pace was the most rapid in 2011 when exports increased by X% y-o-y. Over the period under review, cutting blade exports attained their maximum at X tons in 2016; however, from 2017 to 2018, exports failed to regain their momentum.

In value terms, cutting blade exports amounted to $X in 2018. Over the period under review, cutting blade exports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, cutting blade exports attained their peak figure at $X in 2012; however, from 2013 to 2018, exports remained at a lower figure.

Exports by Country

China (X tons), Germany (X tons) and Austria (X tons) represented roughly X% of total exports of knives and cutting blades (for machines or for mechanical appliances) in 2018. It was distantly followed by the U.S. (X tons) and the Netherlands (X tons), together mixing up a X% share of total exports. France (X tons), the Czech Republic (X tons), Taiwan, Chinese (X tons), Japan (X tons), Italy (X tons), the UK (X tons) and Slovenia (X tons) followed a long way behind the leaders.

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

In value terms, the largest cutting blade markets from Latvia were Germany ($X), the U.S. ($X) and China ($X), with a combined X% share of total exports. Japan, Austria, France, the Netherlands, Italy, the Czech Republic, the UK, Taiwan, Chinese, Slovenia and Latvia lagged somewhat behind, together accounting for a further X experienced the highest growth rate of 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 cutting blade export price in Latvia amounted to $X per ton, rising by X% against the previous year. Overall, the cutting blade export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the export price increased by X% year-to-year. Latvia export price peaked at $X per ton in 2010; however, from 2011 to 2018, export prices stood at a somewhat lower figure.

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

Cutting Blade Imports

Imports into Latvia

In 2018, the amount of knives and cutting blades (for machines or for mechanical appliances) imported into Latvia stood at X tons, declining by -X% against the previous year. Over the period under review, cutting blade imports, however, continue to indicate noticeable growth. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Latvia imports peaked at X tons in 2017, and then declined slightly in the following year.

In value terms, cutting blade imports stood at $X in 2018. In general, cutting blade imports, however, continue to indicate measured growth. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, cutting blade imports attained their peak figure at $X in 2017, and then declined slightly in the following year.

Imports by Country

The U.S. (X tons) and Germany (X tons) were the largest importers of knives and cutting blades (for machines or for mechanical appliances) in 2018, finishing at approx. X% and X% of total imports, respectively. It was followed by France (X tons), committing a X% share of total imports. Russia (X tons), Malaysia (X tons), Japan (X tons), Italy (X tons), Indonesia (X tons), the Netherlands (X tons), Spain (X tons), China (X tons) and Thailand (X tons) 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 Malaysia, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Germany ($X) and China ($X) were the countries with the highest levels of imports in 2018, together accounting for X% of total imports. These countries were followed by Japan, Russia, France, Italy, the Netherlands, Indonesia, Malaysia, Thailand, Spain and Latvia, which together accounted for a further X experienced the highest growth rate of imports, among the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The cutting blade import price in Latvia stood at $X per ton in 2018, picking up by X% against the previous year. Overall, the cutting blade import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% y-o-y. Over the period under review, the import prices for knives and cutting blades (for machines or for mechanical appliances) reached their peak figure at $X per ton in 2012; however, from 2013 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 China ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform