Latvia - Machines For Electroplating, Electrolysis Or Electrophoresis - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectroplating Machine Price in Latvia - 2023
Contents:
- Electroplating Machine Price in Latvia (CIF) - 2022
- Electroplating Machine Price in Latvia (FOB) - 2022
- Electroplating Machine Imports in Latvia
- Electroplating Machine Exports in Latvia
Electroplating Machine Price in Latvia (CIF) - 2022
In 2022, the average electroplating machine import price amounted to $3,747 per unit, shrinking by -49.6% against the previous year. Over the period under review, the import price showed a precipitous slump. The import price peaked at $16,214 per unit in 2020; however, from 2021 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 Austria ($5,330 per unit), while the price for Japan ($156 per unit) was amongst the lowest.
From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+262.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Electroplating Machine Price in Latvia (FOB) - 2022
In 2022, the average electroplating machine export price amounted to $923 per unit, rising by 1.9% against the previous year. In general, the export price, however, showed a slight decline. The most prominent rate of growth was recorded in 2020 when the average export price increased by 199% against the previous year. As a result, the export price attained the peak level of $2,508 per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($925 per unit), while the average price for exports to Russia amounted to $923 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+2.8%), while the prices for the other major destinations experienced a decline.
Electroplating Machine Imports in Latvia
For the fourth year in a row, Latvia recorded growth in purchases abroad of machines for electroplating, electrolysis or electrophoresis, which increased by 59% to 27 units in 2022. In general, imports enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 70%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, electroplating machine imports fell remarkably to $101K in 2022. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 411%. As a result, imports attained the peak of $162K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Electroplating Machine in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| China | 13.0 | 94.6 | 40.3 | 76.1% | |
| Italy | N/A | N/A | 23.6 | 0% | |
| Germany | 2.1 | 2.6 | 16.2 | 177.7% | |
| Netherlands | N/A | N/A | 7.3 | 0% | |
| Austria | N/A | N/A | 5.3 | 0% | |
| Lithuania | N/A | N/A | 3.8 | 0% | |
| Denmark | 26.9 | 7.3 | 2.3 | -70.8% | |
| Japan | N/A | N/A | 0.2 | 0% | |
| Bulgaria | N/A | 8.7 | N/A | 0% | |
| Russia | 118 | 4.1 | N/A | -96.5% | |
| France | 0.1 | N/A | N/A | 0% | |
| Czech Republic | 2.1 | N/A | N/A | 0% | |
| Canada | N/A | 2.7 | N/A | 0% | |
| Others | N/A | 6.3 | 2.3 | -63.5% | |
| Total | 162 | 126 | 101 | -21.0% | |
Top Suppliers of Electroplating Machine to Latvia in 2022:
- China (8.0 units)
- Italy (7.0 units)
- Germany (4.0 units)
- Netherlands (3.0 units)
- Denmark (1.0 units)
- Lithuania (1.0 units)
- Austria (1.0 units)
- Japan (1.0 units)
Electroplating Machine Exports in Latvia
In 2022, after three years of growth, there was significant decline in overseas shipments of machines for electroplating, electrolysis or electrophoresis, when their volume decreased by -96.7% to 55 units. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 2,193%. As a result, the exports reached the peak of 1.7K units, and then fell dramatically in the following year.
In value terms, electroplating machine exports fell significantly to $51K in 2022. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 1,694% against the previous year. Over the period under review, the exports hit record highs at $1.5M in 2021, and then dropped notably in the following year.
| Export of Electroplating Machine in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 10.1 | 1.0 | 1,496 | 39.7 | 57.8% |
| Belarus | N/A | N/A | N/A | 11.1 | 0% |
| Norway | N/A | 176 | N/A | N/A | 0% |
| Others | N/A | 3.5 | N/A | N/A | 0% |
| Total | 10.1 | 181 | 1,496 | 50.8 | 71.3% |
Top Export Markets for Electroplating Machine from Latvia in 2022:
- Russia (43.0 units)
- Belarus (12.0 units)
This report provides an in-depth analysis of the electroplating machine 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 28491283 - Machines and apparatus for electroplating, electrolysis or electrophoresis
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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