Price for Railway or Tramway Track Constructions of Iron or Steel in Latvia - 2023
Contents:
- Price for Railway or Tramway Track Constructions of Iron or Steel in Latvia (FOB) - 2022
- Price for Railway or Tramway Track Constructions of Iron or Steel in Latvia (CIF) - 2022
- Exports of Railway or Tramway Track Constructions of Iron or Steel in Latvia
- Imports of Railway or Tramway Track Constructions of Iron or Steel in Latvia
Price for Railway or Tramway Track Constructions of Iron or Steel in Latvia (FOB) - 2022
The average export price for railway or tramway track constructions of iron or steel stood at $2,114 per ton in 2022, rising by 19% against the previous year. In general, the export price posted prominent growth. The growth pace was the most rapid in 2019 when the average export price increased by 170%. The export price peaked in 2022 and is likely to see steady growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($2,602 per ton), while the average price for exports to Estonia ($1,473 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 Lithuania (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Railway or Tramway Track Constructions of Iron or Steel in Latvia (CIF) - 2022
In 2022, the average import price for railway or tramway track constructions of iron or steel amounted to $1,681 per ton, with a decrease of -25.5% against the previous year. Overall, the import price, however, showed a perceptible increase. The most prominent rate of growth was recorded in 2020 an increase of 174%. As a result, import price reached the peak level of $3,118 per ton. From 2021 to 2022, the average import prices remained at a 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 Ukraine ($3,543 per ton), while the price for Estonia ($1,156 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Railway or Tramway Track Constructions of Iron or Steel in Latvia
Exports of railway or tramway track constructions of iron or steel from Latvia surged to 3.7K tons in 2022, picking up by 27% on the year before. Overall, exports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of 231% against the previous year. As a result, the exports attained the peak of 9.9K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of railway or tramway track constructions of iron or steel soared to $7.9M in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +83.2% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 76%. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Railway or Tramway Track Constructions of Iron or Steel in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | N/A | 1.7 | 4.6 | 170.6% |
| Denmark | N/A | N/A | 0.7 | 2.0 | 185.7% |
| Estonia | 3.0 | 0.8 | 1.9 | 1.1 | -28.4% |
| Lithuania | 0.2 | 0.1 | 0.4 | 0.1 | -20.6% |
| Austria | 0.8 | 0.2 | N/A | N/A | -75.0% |
| Uzbekistan | N/A | 3.8 | N/A | N/A | 0% |
| Pakistan | 0.2 | 2.6 | 0.4 | N/A | 41.4% |
| Others | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Total | 4.3 | 7.6 | 5.2 | 7.9 | 22.5% |
Top Export Markets for Railway or Tramway Track Constructions of Iron or Steel from Latvia in 2022:
- France (1997.1 tons)
- Denmark (908.7 tons)
- Estonia (733.4 tons)
- Lithuania (36.0 tons)
Imports of Railway or Tramway Track Constructions of Iron or Steel in Latvia
Imports of railway or tramway track constructions of iron or steel into Latvia soared to 3.5K tons in 2022, picking up by 83% on the year before. In general, imports, however, faced a dramatic descent.
In value terms, imports of railway or tramway track constructions of iron or steel skyrocketed to $5.9M in 2022. Over the period under review, imports, however, showed a deep slump.
| Import of Railway or Tramway Track Constructions of Iron or Steel in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 0.7 | 0.3 | 1.9 | 2.9 | 60.6% |
| Spain | 4.9 | N/A | N/A | 1.3 | -35.7% |
| Austria | 1.9 | 0.6 | 0.3 | 0.8 | -25.0% |
| Poland | 0.4 | N/A | 0.3 | 0.4 | 0.0% |
| Estonia | 0.4 | 3.9 | 0.5 | 0.1 | -37.0% |
| Russia | 1.5 | 0.1 | 0.5 | N/A | -42.3% |
| Others | 0.9 | 0.8 | 0.8 | 0.3 | -30.7% |
| Total | 10.7 | 5.6 | 4.4 | 5.9 | -18.0% |
Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to Latvia in 2022:
- Lithuania (1514.1 tons)
- Spain (1083.3 tons)
- Austria (507.8 tons)
- Poland (227.5 tons)
- Estonia (107.6 tons)
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This report provides an in-depth analysis of the steel railway material market in Latvia.
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This report provides an in-depth analysis of the global steel railway material market.
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This report provides an in-depth analysis of the steel railway material market in Latvia.
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This report provides an in-depth analysis of the global steel railway material market.
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Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
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Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
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China seized control of the global trade for railway or tramway track construction material of iron or steel. In 2014, China exported X thousand tons of railway or tramway track construction material of iron or steel, totaling X million USD, X%
1296
Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
982
Global railway construction imports stood at X tons in 2016, waning by -X% against the previous year level. The total import volume increased at an average annual rate of +X% from 2007 to X>
1318
China seized control of the global trade for railway or tramway track construction material of iron or steel. In 2014, China exported X thousand tons of railway or tramway track construction material of iron or steel, totaling X million USD, X%
