Latvia - Radar Apparatus, Radio Navigational Aid Apparatus And Radio Remote Control Apparatus - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRadar Apparatus Price in Latvia - 2023
Contents:
- Radar Apparatus Price in Latvia (CIF) - 2022
- Radar Apparatus Price in Latvia (FOB) - 2023
- Radar Apparatus Imports in Latvia
- Radar Apparatus Exports in Latvia
Radar Apparatus Price in Latvia (CIF) - 2022
The average radar apparatus import price stood at $173 per unit in 2022, declining by -14.8% against the previous year. Over the period under review, the import price faced a sharp descent. The most prominent rate of growth was recorded in 2017 when the average import price decreased by -6.7% against the previous year. Over the period under review, average import prices reached the maximum at $1,702 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($417 per unit), while the price for Indonesia ($25 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+4.1%), while the prices for the other major suppliers experienced a decline.
Radar Apparatus Price in Latvia (FOB) - 2023
In September 2023, the average radar apparatus export price amounted to $126 per unit, falling by -27% against the previous month. Overall, the export price, however, continues to indicate notable growth. The pace of growth was the most pronounced in February 2023 when the average export price increased by 427% m-o-m. As a result, the export price attained the peak level of $378 per unit. From March 2023 to September 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Norway ($174 per unit), while the average price for exports to Panama ($7.0 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.
Radar Apparatus Imports in Latvia
In 2022, the amount of radar apparatus, radio navigational aid apparatus and radio remote control apparatus imported into Latvia skyrocketed to 68K units, rising by 79% compared with the previous year. Overall, imports posted significant growth. The growth pace was the most rapid in 2020 when imports increased by 188%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, radar apparatus imports soared to $12M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -4.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 66% against the previous year. As a result, imports attained the peak of $12M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Radar Apparatus in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1,474 | 2,042 | 1,977 | 4,336 | 43.3% |
Lithuania | 864 | 1,055 | 1,067 | 1,579 | 22.3% |
Netherlands | 1,778 | 1,133 | 1,066 | 1,341 | -9.0% |
Italy | 398 | 403 | 514 | 965 | 34.3% |
Poland | 392 | 611 | 642 | 860 | 29.9% |
China | 155 | 252 | 610 | 592 | 56.3% |
United States | 272 | 5,342 | 233 | 426 | 16.1% |
Hungary | 5.5 | 6.1 | 111 | 360 | 303.0% |
Hong Kong SAR | 272 | 149 | 78.6 | 199 | -9.9% |
Others | 1,855 | 1,397 | 1,424 | 1,138 | -15.0% |
Total | 7,467 | 12,390 | 7,723 | 11,796 | 16.5% |
Top Suppliers of Radar Apparatus to Latvia in 2022:
- Germany (10.4K units)
- Netherlands (10.2K units)
- Italy (9.3K units)
- Lithuania (7.8K units)
- Hong Kong SAR (6.8K units)
- China (5.5K units)
- Poland (5.2K units)
- United States (2.9K units)
- Hungary (2.9K units)
Radar Apparatus Exports in Latvia
Radar apparatus exports from Latvia soared to 53K units in 2022, growing by 33% against 2021 figures. Over the period under review, exports, however, recorded a relatively flat trend pattern. Over the period under review, the exports reached the maximum at 53K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, radar apparatus exports skyrocketed to $5.4M in 2022. The total export value increased at an average annual rate of +2.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Radar Apparatus in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 1,251 | 2,033 | 1,451 | 1,615 | 8.9% |
Lithuania | 1,172 | 716 | 1,085 | 1,512 | 8.9% |
Estonia | 1,003 | 300 | 374 | 619 | -14.9% |
United States | 38.8 | 83.6 | 7.3 | 243 | 84.3% |
Turkey | 98.5 | 77.7 | 57.4 | 227 | 32.1% |
Norway | 52.0 | 54.8 | 247 | 129 | 35.4% |
Spain | 51.7 | 18.2 | 19.4 | 127 | 34.9% |
Bulgaria | 21.8 | 16.7 | 23.2 | 68.8 | 46.7% |
Portugal | 71.9 | 57.5 | 11.1 | 68.0 | -1.8% |
Czech Republic | 270 | 0.3 | 0.2 | 55.9 | -40.8% |
Croatia | 619 | 2.4 | 1.1 | 0.9 | -88.7% |
Others | 437 | 953 | 702 | 757 | 20.1% |
Total | 5,086 | 4,313 | 3,979 | 5,422 | 2.2% |
Top Export Markets for Radar Apparatus from Latvia in 2022:
- Croatia (undefinedK units)
- Lithuania (23.8K units)
- Estonia (8.4K units)
- Turkey (4.4K units)
- United States (2.5K units)
- Russia (2.2K units)
- Spain (2.0K units)
- Norway (1.0K units)
- Bulgaria (0.8K units)
- Portugal (0.7K units)
- Czech Republic (0.1K units)
This report provides an in-depth analysis of the radar apparatus 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 26512020 - Radar apparatus
- Prodcom 26512050 - Radio navigational aid apparatus (including radio beacons and radio buoys, receivers, radio compasses equipped with multiple aerials or with a directional frame aerial)
- Prodcom 26512080 - Radio remote control apparatus (including for ships, pilotless aircraft, rockets, missiles, toys, and model ships or aircraft, for machines, for the detonation of mines)
- Prodcom 26512060 -
- Prodcom 26512090 -
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
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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
This report provides an in-depth analysis of the radar apparatus market in Latvia.
This report provides an in-depth analysis of the radar apparatus market in Latvia.
This report provides an in-depth analysis of the remote control apparatus market in Latvia.
This report provides an in-depth analysis of the radar apparatus market in Latvia.
This report provides an in-depth analysis of the global radar apparatus market.
This report provides an in-depth analysis of the global radar apparatus market.
This report provides an in-depth analysis of the global radio navigation apparatus market.
This report provides an in-depth analysis of the global remote control apparatus market.
This report provides an in-depth analysis of the global radar apparatus market.
This report provides an in-depth analysis of the radar apparatus market in Latvia.
Explore the top import markets for radar apparatus and discover key statistics and import values of countries such as the United States, Japan, Germany, China, and more.
Explore the top import markets for radar apparatus, including the United States, Germany, Japan, and more. Learn about the key factors driving import demand and the benefits of the IndexBox market intelligence platform.
Explore the world's top import markets for radio navigation apparatus, including the United States, Japan, China, and more. Discover key statistics and market trends in this article.
Explore the top import markets for remote control apparatus, including countries like the United States, Germany, China, and more. Learn about the key statistics and insights from the IndexBox market intelligence platform.
In value terms, navigational instruments and appliances imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; however, the trend patter...
In value terms, navigational instruments and appliances exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend...
In 2016, the amount of radar apparatus imported worldwide totaled X tons, declining by -X% against the previous year level. The total import volume increased at an average annual rate of +X% ...
In 2016, the amount of radar apparatus imported worldwide totaled X tons, declining by -X% against the previous year level. The total import volume increased at an average annual rate of +X% ...
Explore the top import markets for radar apparatus and discover key statistics and import values of countries such as the United States, Japan, Germany, China, and more.
Explore the top import markets for radar apparatus, including the United States, Germany, Japan, and more. Learn about the key factors driving import demand and the benefits of the IndexBox market intelligence platform.