Price for Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in Latvia - 2023

Contents:

  1. Price for Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in Latvia (CIF) - 2022
  2. Price for Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in Latvia (FOB) - 2022
  3. Imports of Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in Latvia
  4. Exports of Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in Latvia

Price for Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in Latvia (CIF) - 2022

In 2022, the average import price for postage-franking machines, ticket-issuing machines which print ticketses amounted to $3,205 per unit, growing by 66% against the previous year. Over the period under review, the import price enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 797% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($4,189 per unit), while the price for Lithuania ($181 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+121.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in Latvia (FOB) - 2022

The average export price for postage-franking machines, ticket-issuing machines which print ticketses stood at $3,836 per unit in 2022, increasing by 165% against the previous year. Overall, the export price recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when the average export price increased by 24,050%. The export price peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($15,104 per unit), while the average price for exports to the UK ($650 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+51.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in Latvia

In 2022, approx. 1.3K units of postage-franking machines, ticket-issuing machines which print ticketses were imported into Latvia; with a decrease of -63.5% against the year before. In general, imports recorded a precipitous contraction. The pace of growth appeared the most rapid in 2021 with an increase of 62%. As a result, imports attained the peak of 3.5K units, and then fell markedly in the following year.

In value terms, imports of postage-franking machines, ticket-issuing machines which print ticketses dropped sharply to $4.1M in 2022. Overall, imports, however, showed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 1,357%. As a result, imports reached the peak of $6.7M, and then fell dramatically in the following year.

Import of Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland77.87.32,6323,757264.2%
NorwayN/AN/A3,713168-95.5%
IsraelN/A29419.042.4-62.0%
Taiwan (Chinese)5.9N/A10540.089.3%
ChinaN/A8.661.025.772.9%
DenmarkN/AN/AN/A12.30%
Lithuania48.16.63.911.2-38.5%
United Kingdom98.047.70.42.9-69.1%
Estonia89.08.312.21.0-77.6%
Finland0.373.61.6N/A130.9%
Indonesia1,635N/A161N/A-68.6%
Others1.714.22.32.615.2%
Total1,9564616,7104,06427.6%

Top Suppliers of Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets to Latvia in 2022:

  1. Poland (897.0 units)
  2. Norway (137.0 units)
  3. Taiwan (Chinese) (72.0 units)
  4. Lithuania (62.0 units)
  5. Israel (34.0 units)
  6. China (32.0 units)
  7. Denmark (22.0 units)
  8. Estonia (2.0 units)
  9. United Kingdom (2.0 units)

Exports of Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in Latvia

In 2022, the amount of postage-franking machines, ticket-issuing machines which print ticketses exported from Latvia surged to 311 units, increasing by 15,450% compared with the year before. In general, exports, however, faced a dramatic decrease. Over the period under review, the exports of reached the peak figure at 823 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of postage-franking machines, ticket-issuing machines which print ticketses surged to $1.2M in 2022. Over the period under review, exports showed significant growth. The growth pace was the most rapid in 2021 when exports increased by 48,200% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
LithuaniaN/AN/AN/A6490%
Estonia10.5N/AN/A263192.6%
NorwayN/AN/A2.92227555.2%
SwitzerlandN/AN/AN/A27.30%
United KingdomN/AN/AN/A12.30%
Slovakia217N/AN/AN/A0%
OthersN/AN/AN/A19.00%
Total228N/A2.91,19373.6%

Top Export Markets for Postage-Franking Machines, Ticket-Issuing Machines Which Print Tickets from Latvia in 2022:

  1. Estonia (188.0 units)
  2. Norway (44.0 units)
  3. Lithuania (43.0 units)
  4. United Kingdom (19.0 units)
  5. Switzerland (11.0 units)

Source: IndexBox Market Intelligence Platform

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