Latvia - Parts Of Boilers For Central Heating - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBoiler Parts Price in Latvia - 2023
Contents:
- Boiler Parts Price in Latvia (CIF) - 2023
- Boiler Parts Price in Latvia (FOB) - 2022
- Boiler Parts Imports in Latvia
- Boiler Parts Exports in Latvia
Boiler Parts Price in Latvia (CIF) - 2023
The average boiler parts import price stood at $12,338 per ton in November 2023, jumping by 57% against the previous month. Over the period under review, the import price, however, showed a mild descent. The pace of growth was the most pronounced in April 2023 an increase of 131% against the previous month. As a result, import price attained the peak level of $41,682 per ton. From May 2023 to November 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Poland ($81,045 per ton), while the price for Austria ($12,244 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Poland (+21.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Boiler Parts Price in Latvia (FOB) - 2022
The average boiler parts export price stood at $25,074 per ton in 2022, reducing by -15.2% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 62%. Over the period under review, the average export prices attained the maximum at $30,747 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($36,471 per ton), while the average price for exports to Lithuania ($20,194 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+24.4%), while the prices for the other major destinations experienced mixed trend patterns.
Boiler Parts Imports in Latvia
In 2022, boiler parts imports into Latvia expanded sharply to 395 tons, picking up by 5.3% on 2021 figures. In general, imports, however, saw a pronounced decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 31%.
In value terms, boiler parts imports reduced notably to $5.3M in 2022. Over the period under review, imports, however, showed a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 44%. As a result, imports attained the peak of $7.4M, and then fell rapidly in the following year.
| Import of Boiler Parts in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2,024 | 1,994 | 4,141 | 1,646 | -6.7% |
| Austria | 1,907 | 1,304 | 514 | 1,421 | -9.3% |
| Netherlands | 791 | 750 | 1,336 | 631 | -7.3% |
| Slovenia | 97.3 | N/A | 171 | 457 | 67.5% |
| Poland | 230 | 180 | 192 | 368 | 17.0% |
| Lithuania | 369 | 122 | 96.0 | 156 | -24.9% |
| Turkey | 110 | 115 | 224 | 96.4 | -4.3% |
| Others | 861 | 679 | 724 | 552 | -13.8% |
| Total | 6,389 | 5,145 | 7,397 | 5,327 | -5.9% |
Top Suppliers of Boiler Parts to Latvia in 2022:
- Austria (155.1 tons)
- Germany (92.5 tons)
- Slovenia (42.6 tons)
- Netherlands (32.3 tons)
- Poland (24.1 tons)
- Lithuania (13.2 tons)
- Turkey (11.0 tons)
Boiler Parts Exports in Latvia
In 2022, shipments abroad of parts of boilers for central heating decreased by -4.9% to 88 tons, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2020 with an increase of 19%. As a result, the exports attained the peak of 145 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, boiler parts exports contracted sharply to $2.2M in 2022. Overall, exports saw a abrupt setback. The growth pace was the most rapid in 2021 when exports increased by 3.6%. As a result, the exports attained the peak of $2.7M, and then reduced sharply in the following year.
| Export of Boiler Parts in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 715 | 751 | 899 | 717 | 0.1% |
| Estonia | 476 | 456 | 540 | 569 | 6.1% |
| Lithuania | 1,043 | 1,000 | 1,094 | 563 | -18.6% |
| Russia | 158 | 126 | 122 | 259 | 17.9% |
| Germany | 56.6 | 33.8 | 55.0 | 46.5 | -6.3% |
| Slovenia | 72.0 | N/A | N/A | N/A | 0% |
| Finland | 47.3 | 61.5 | N/A | N/A | 30.0% |
| Others | 51.2 | 216 | 31.6 | 57.0 | 3.6% |
| Total | 2,620 | 2,645 | 2,741 | 2,211 | -5.5% |
Top Export Markets for Boiler Parts from Latvia in 2022:
- Belarus (30.6 tons)
- Lithuania (27.9 tons)
- Estonia (18.2 tons)
- Russia (7.1 tons)
- Germany (1.6 tons)
This report provides an in-depth analysis of the boiler parts 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 25211300 - Parts of boilers for central heating
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the boiler parts market in Latvia.
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This report provides an in-depth analysis of the market for central heating boilers, for producing hot water or low pressure steam in Latvia.
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This report provides an in-depth analysis of the global borates and perborates market.
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This report provides an in-depth analysis of the boiler parts market in Latvia.
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This report provides an in-depth analysis of the market for central heating boilers, for producing hot water or low pressure steam in Latvia.
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This report provides an in-depth analysis of the global boiler parts market.
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