Latvia: Market for Machine-Tools For Working Any Material By Removal Of Material 2019

Market Size for Machine-Tools For Working Any Material By Removal Of Material in Latvia

The revenue of the machine-tool for removing material market in Latvia amounted to $X in 2018, falling 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). In general, machine-tool for removing material consumption continues to indicate moderate growth. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, the machine-tool for removing material market attained its peak figure level at $X in 2014; however, from 2015 to 2018, consumption stood at a somewhat lower figure.

Exports of Machine-Tools For Working Any Material By Removal Of Material

Exports from Latvia

In 2018, approx. X units of machine-tools for working any material by removal of material were exported from Latvia; flattening at the previous year. Over the period under review, machine-tool for removing material exports continue to indicate a slight curtailment. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. In that year, machine-tool for removing material exports reached their peak of X units. From 2017 to 2018, the growth of machine-tool for removing material exports remained at a somewhat lower figure.

In value terms, machine-tool for removing material exports amounted to $X in 2018. In general, machine-tool for removing material exports continue to indicate remarkable growth. The most prominent rate of growth was recorded in 2016 when exports increased by X% year-to-year. Latvia exports peaked in 2018 and are likely to see steady growth in the near future.

Exports by Country

In 2018, New Zealand (X units) and China (X units) represented the major exporters of machine-tools for working any material by removal of materialaround the world, together resulting at near X% of total exports. It was distantly followed by the UK (X units), the U.S. (X units) and South Africa (X units), together comprising a X% share of total exports. Japan (X units), South Korea (X units), Germany (X units), Mexico (X units), Italy (X units) and Israel (X units) 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 New Zealand (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest machine-tool for removing material markets from Latvia were Germany ($X), Japan ($X) and China ($X), together comprising X% of total exports. These countries were followed by the U.S., Italy, South Korea, the UK, Mexico, New Zealand, Israel, Latvia and South Africa, which together accounted for 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 machine-tool for removing material export price in Latvia amounted to $X per unit, rising by X% against the previous year. In general, the machine-tool for removing material export price continues to indicate remarkable growth. The growth pace was the most rapid in 2018 when the export price increased by X% year-to-year. Over the period under review, the export prices for machine-tools for working any material by removal of material attained their maximum at $X per unit 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 Germany ($X per unit), while South Africa ($X per unit) was amongst the lowest.

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

Imports of Machine-Tools For Working Any Material By Removal Of Material

Imports into Latvia

In 2018, approx. X units of machine-tools for working any material by removal of material were imported into Latvia; growing by X% against the previous year. Over the period under review, machine-tool for removing material imports continue to indicate temperate growth. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Latvia imports peaked at X units in 2014; however, from 2015 to 2018, imports remained at a lower figure.

In value terms, machine-tool for removing material imports amounted to $X in 2018. Overall, machine-tool for removing material imports continue to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. In that year, machine-tool for removing material imports reached their peak of $X, and then declined slightly in the following year.

Imports by Country

Mexico represented the largest importer of machine-tools for working any material by removal of material in the world, with the volume of imports recording X units, which was approx. X% of total imports in 2018. The Philippines (X units) held the second position in the ranking, distantly followed by the U.S. (X units) and Indonesia (X units). All these countries together held approx. X% share of total imports. Canada (X units), Taiwan, Chinese (X units) and Thailand (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 Philippines (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constitutes the largest market for imported machine-tools for working any material by removal of material into Latvia, comprising X% of global imports. The second position in the ranking was occupied by Mexico ($X), with a X% share of global imports. It was followed by Taiwan, Chinese, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in the U.S. amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: Mexico (+X% per year) and Taiwan, Chinese (-X% per year).

Import Prices by Country

The machine-tool for removing material import price in Latvia stood at $X per unit in 2018, lowering by -X% against the previous year. Over the period under review, the machine-tool for removing material import price continues to indicate a drastic decrease. The growth pace was the most rapid in 2017 an increase of X% against the previous year. Latvia import price peaked at $X per unit in 2010; however, from 2011 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Taiwan, Chinese ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform