Latvia: Metal Advertising Sign Market 2020

Metal Advertising Sign Market Size in Latvia

The revenue of the metal advertising sign market in Latvia amounted to $X in 2018, coming down by -X% against the previous year. Overall, metal advertising sign consumption, however, continues to indicate an abrupt drop. The most prominent rate of growth was recorded in 2011 when the market value increased by X% y-o-y. Over the period under review, the metal advertising sign market reached its peak figure level at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Metal Advertising Sign Production in Latvia

In value terms, metal advertising sign production totaled $X in 2018 estimated in export prices. In general, metal advertising sign production, however, continues to indicate an abrupt descent. The pace of growth was the most pronounced in 2011 when production volume increased by X% against the previous year. Over the period under review, metal advertising sign production reached its maximum level at $X in 2007; however, from 2008 to 2018, production remained at a lower figure.

Metal Advertising Sign Exports

Exports from Latvia

In 2018, approx. X tons of metal advertising signs were exported from Latvia; surging by X% against the previous year. Overall, metal advertising sign exports continue to indicate a skyrocketing expansion. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. Over the period under review, metal advertising sign exports attained their peak figure in 2018 and are likely to see steady growth in the near future.

In value terms, metal advertising sign exports amounted to $X in 2018. Over the period under review, metal advertising sign exports continue to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2010 when exports increased by X% against the previous year. Latvia exports peaked at $X in 2016; however, from 2017 to 2018, exports remained at a lower figure.

Exports by Country

In 2018, China (X tons), distantly followed by Germany (X tons) and Malaysia (X tons) represented the major exporters of metal advertising signs, together mixing up X% of total exports. The U.S. (X tons), Italy (X tons), Poland (X tons), Denmark (X tons), South Korea (X tons), the UK (X tons), France (X tons), the Czech Republic (X tons) and Turkey (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 metal advertising sign markets from Latvia were China ($X), Germany ($X) and the U.S. ($X), together accounting for X% of total exports. Denmark, the Czech Republic, Poland, Italy, South Korea, the UK, France, Turkey, Malaysia 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

The metal advertising sign export price in Latvia stood at $X per ton in 2018, waning by -X% against the previous year. In general, the metal advertising sign export price continues to indicate a slight contraction. The pace of growth was the most pronounced in 2009 an increase of X% y-o-y. Over the period under review, the export prices for metal advertising signs reached their peak figure at $X per ton in 2015; however, from 2016 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 the U.S. ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

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

Metal Advertising Sign Imports

Imports into Latvia

In 2018, approx. X tons of metal advertising signs were imported into Latvia; remaining stable against the previous year. Overall, metal advertising sign imports, however, continue to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Latvia imports peaked at X tons in 2009; however, from 2010 to 2018, imports stood at a somewhat lower figure.

In value terms, metal advertising sign imports totaled $X in 2018. In general, the total imports indicated a prominent increase from 2007 to 2018: its value decreased 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, metal advertising sign imports increased by +X% against 2016 indices. The growth pace was the most rapid in 2011 when imports increased by X% against the previous year. Latvia imports peaked at $X in 2014; however, from 2015 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, the U.S. (X tons), distantly followed by Germany (X tons), China (X tons) and China, Hong Kong SAR (X tons) represented the major importers of metal advertising signs, together comprising X% of total imports. The following importers - Italy (X tons), Thailand (X tons), France (X tons), Mexico (X tons), the UK (X tons), Iraq (X tons), the Netherlands (X tons) and India (X tons) - together made up X% of total imports.

From 2007 to 2018, average annual rates of growth with regard to metal advertising sign imports into the U.S. stood at +X%. At the same time, Iraq (+X%), Thailand (+X%), Italy (+X%), China (+X%), India (+X%), the Netherlands (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. China, Hong Kong SAR and France experienced a relatively flat trend pattern. By contrast, the UK (-X%) and Mexico (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of the U.S., China, Italy, Thailand, Iraq and Germany increased by +X%, +X%, +X%, +X%, +X% and +X% percentage points, while Mexico (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported metal advertising signs into Latvia, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by China, 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: Germany (+X% per year) and China (-X% per year).

Import Prices by Country

The metal advertising sign import price in Latvia stood at $X per ton in 2018, remaining stable against the previous year. Over the period under review, the metal advertising sign import price, however, continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2014 an increase of X% y-o-y. Over the period under review, the import prices for metal advertising signs attained their peak figure at $X per ton in 2012; however, from 2013 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was France ($X per ton), while Iraq ($X per ton) 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 more modest paces of growth.

Source: IndexBox Platform