Report Update Nov 1, 2024

Latvia - Porcelain Ceramic Wares for Laboratory, Technical, and Chemical Use - Market Analysis, Forecast, Size, Trends and Insights

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Latvia: Porcelain Technical Ware Market 2024

Porcelain Technical Ware Market Size in Latvia

The Latvian porcelain technical ware market contracted to $X in 2022, which is down by -5.1% against the previous year. Over the period under review, consumption, however, saw resilient growth. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Porcelain Technical Ware Production in Latvia

In value terms, porcelain technical ware production declined slightly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a notable increase. The most prominent rate of growth was recorded in 2019 with an increase of 118%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Porcelain Technical Ware Exports

Exports from Latvia

Porcelain technical ware exports from Latvia shrank notably to X kg in 2022, dropping by -95.3% against the year before. In general, exports showed a sharp downturn. The pace of growth was the most pronounced in 2019 with an increase of 1,638%. Over the period under review, the exports hit record highs at X kg in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, porcelain technical ware exports fell remarkably to $X in 2022. Overall, exports continue to indicate a precipitous descent. The growth pace was the most rapid in 2019 when exports increased by 2,783% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Ukraine (X kg) was the main destination for porcelain technical ware exports from Latvia, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Ukraine was relatively modest.

In value terms, Ukraine ($X) emerged as the key foreign market for porcelain ceramic wares for laboratory, technical, and chemical use exports from Latvia.

From 2012 to 2022, the average annual rate of growth in terms of value to Ukraine was relatively modest.

Export Prices by Country

In 2022, the average porcelain technical ware export price amounted to $X per ton, shrinking by -48.7% against the previous year. Overall, the export price, however, enjoyed a strong expansion. The growth pace was the most rapid in 2019 an increase of 66% against the previous year. The export price peaked at $X per ton in 2021, and then contracted sharply in the following year.

As there is only one major export destination, the average price level is determined by prices for Ukraine.

From 2012 to 2022, the rate of growth in terms of prices for Estonia amounted to +18.0% per year.

Porcelain Technical Ware Imports

Imports into Latvia

In 2022, purchases abroad of porcelain ceramic wares for laboratory, technical, and chemical use decreased by -38.4% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2016 with an increase of 210% against the previous year. Imports peaked at X tons in 2021, and then shrank dramatically in the following year.

In value terms, porcelain technical ware imports contracted rapidly to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when imports increased by 349%. Over the period under review, imports attained the maximum at $X in 2021, and then shrank remarkably in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of porcelain technical ware to Latvia, accounting for a 84% share of total imports. Moreover, porcelain technical ware imports from China exceeded the figures recorded by the second-largest supplier, Lithuania (X kg), more than tenfold. Belarus (X kg) ranked third in terms of total imports with a 3.1% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +159.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (+6.1% per year) and Belarus (0.0% per year).

In value terms, China ($X) constituted the largest supplier of porcelain ceramic wares for laboratory, technical, and chemical use to Latvia, comprising 69% of total imports. The second position in the ranking was taken by Lithuania ($X), with a 5.1% share of total imports. It was followed by Belarus, with a 3.8% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +150.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (+2.6% per year) and Belarus (0.0% per year).

Import Prices by Country

The average porcelain technical ware import price stood at $X per ton in 2022, which is down by -27.1% against the previous year. In general, the import price saw a abrupt shrinkage. The growth pace was the most rapid in 2021 when the average import price increased by 82% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belarus ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+54.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

This report provides an in-depth analysis of the porcelain technical ware 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 23441100 - Ceramic wares for laboratory, chemical, technical use, of porcelain or china

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023