Latvia: Sheet Piling Market 2020

Sheet Piling Market Size in Latvia

The revenue of the sheet piling market in Latvia amounted to $X in 2018, shrinking by -X% against the previous year. Overall, sheet piling consumption, however, continues to indicate a significant deduction. The most prominent rate of growth was recorded in 2014 when the market value increased by X% year-to-year. Latvia sheet piling consumption peaked at $X in 2010; however, from 2011 to 2018, consumption remained at a lower figure.

Sheet Piling Production in Latvia

In value terms, sheet piling production stood at $X in 2018 estimated in export prices. Overall, sheet piling production, however, continues to indicate perceptible growth. The most prominent rate of growth was recorded in 2014 when production volume increased by X% year-to-year. Latvia sheet piling production peaked at $X in 2010; however, from 2011 to 2018, production failed to regain its momentum.

Sheet Piling Exports

Exports from Latvia

Sheet piling exports from Latvia stood at X tons in 2018, jumping by X% against the previous year. Overall, sheet piling exports continue to indicate a tangible expansion. The growth pace was the most rapid in 2012 when exports increased by X% y-o-y. Over the period under review, sheet piling exports reached their maximum in 2018 and are expected to retain its growth in the near future.

In value terms, sheet piling exports amounted to $X in 2018. In general, sheet piling exports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Latvia exports peaked in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

In 2018, Luxembourg (X tons) and China (X tons) were the key exporters of sheet piling, shapes and sections (of iron or steel)around the world, together committing X% of total exports. It was distantly followed by Japan (X tons), South Korea (X tons), Poland (X tons) and the Czech Republic (X tons), together generating a X% share of total exports. The following exporters - the Netherlands (X tons), Thailand (X tons), Oman (X tons) and the United Arab Emirates (X tons) - together made up X% of total exports.

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

In value terms, Luxembourg ($X), China ($X) and Japan ($X) were the countries with the highest levels of exports in 2018, with a combined X% share of total exports. These countries were followed by Poland, the Czech Republic, South Korea, the Netherlands, Thailand, the United Arab Emirates, Latvia and Oman, which together accounted for a further X the main exporting countries, South Korea recorded the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The sheet piling export price in Latvia stood at $X per ton in 2018, waning by -X% against the previous year. Overall, the export price indicated prominent growth from 2007 to 2018: its price increased 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. The growth pace was the most rapid in 2008 when the export price increased by X% y-o-y. Over the period under review, the export prices for sheet piling, shapes and sections (of iron or steel) attained their peak figure at $X per ton in 2010; however, from 2011 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 Netherlands ($X per ton), while Oman ($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 United Arab Emirates, while the other leaders experienced a decline in the export price figures.

Sheet Piling Imports

Imports into Latvia

In 2018, the amount of sheet piling, shapes and sections (of iron or steel) imported into Latvia totaled X tons, growing by X% against the previous year. Overall, sheet piling imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. In that year, sheet piling imports attained their peak and are likely to continue its growth in the immediate term.

In value terms, sheet piling imports amounted to $X in 2018. Over the period under review, sheet piling imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by X% y-o-y. Latvia imports peaked at $X in 2012; however, from 2013 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, the Philippines (X tons), the Netherlands (X tons) and China (X tons) were the major importers of sheet piling, shapes and sections (of iron or steel) in the world, generating X% of total import. It was followed by China, Hong Kong SAR (X tons), Germany (X tons) and the U.S. (X tons), together generating a X% share of total imports. The UK (X tons), the United Arab Emirates (X tons), Malaysia (X tons), Bangladesh (X tons), Denmark (X tons) and Indonesia (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 Bangladesh (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest sheet piling importing markets into Latvia were the Netherlands ($X), the Philippines ($X) and China ($X), with a combined X% share of total imports. Germany, the U.S., the UK, China, Hong Kong SAR, Denmark, Malaysia, the United Arab Emirates, Indonesia, Bangladesh and Latvia lagged somewhat behind, together comprising a further X (+X% per year) 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

In 2018, the sheet piling import price in Latvia amounted to $X per ton, falling by -X% against the previous year. Over the period under review, the sheet piling import price continues to indicate a mild reduction. The most prominent rate of growth was recorded in 2008 when the import price increased by X% y-o-y. Latvia import price peaked at $X per ton 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 Denmark ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform