Price for Liquid Elevators; Parts Thereof in Latvia - 2023

Contents:

1. Price for Liquid Elevators; Parts Thereof in Latvia (CIF) - 2022
2. Price for Liquid Elevators; Parts Thereof in Latvia (FOB) - 2022
3. Imports of Liquid Elevators; Parts Thereof in Latvia
4. Exports of Liquid Elevators; Parts Thereof in Latvia

Price for Liquid Elevators; Parts Thereof in Latvia (CIF) - 2022

The average liquid elevators; parts thereof import price stood at $27,652 per ton in 2022, growing by 20% against the previous year. Overall, the import price, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2019 when the average import price increased by 210% against the previous year. Over the period under review, average import prices hit record highs at $84,381 per ton in 2012; however, from 2013 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 Estonia ($96,500 per ton), while the price for Lithuania ($10,216 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+22.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Liquid Elevators; Parts Thereof in Latvia (FOB) - 2022

The average liquid elevators; parts thereof export price stood at $42,939 per ton in 2022, picking up by 79% against the previous year. Over the period under review, the export price continues to indicate a buoyant increase. The growth pace was the most rapid in 2018 when the average export price increased by 763%. Over the period under review, the average export prices hit record highs at $1,916,000 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Lithuania amounted to +9.2% per year.

Imports of Liquid Elevators; Parts Thereof in Latvia

In 2022, after three years of growth, there was significant decline in supplies from abroad of liquid elevators; parts thereoves, when their volume decreased by -92% to 489 kg. Over the period under review, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 898% against the previous year. As a result, imports reached the peak of 6.1 tons, and then shrank significantly in the following year.

In value terms, liquid elevators; parts thereof imports reduced remarkably to $13K in 2022. In general, imports, however, showed significant growth. The growth pace was the most rapid in 2021 when imports increased by 908%. As a result, imports attained the peak of $116K, and then fell markedly in the following year.

Top Suppliers of Liquid Elevators; Parts Thereof to Latvia in 2022:

1. Lithuania (338.0 kg)
2. Denmark (120.0 kg)
3. Netherlands (25.0 kg)

Exports of Liquid Elevators; Parts Thereof in Latvia

In 2022, shipments abroad of liquid elevators; parts thereoves decreased by -99.5% to 2 kg, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a dramatic setback. The most prominent rate of growth was recorded in 2020 when exports increased by 28,481%. As a result, the exports attained the peak of 6 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, liquid elevators; parts thereof exports declined sharply to $57 in 2022. In general, exports faced a precipitous slump. The growth pace was the most rapid in 2020 with an increase of 2,824%. As a result, the exports reached the peak of $168K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Top Export Markets for Liquid Elevators; Parts Thereof from Latvia in 2022:

1. Sweden (2.0 kg)

Source: IndexBox Market Intelligence Platform