Latvia - Equipment For Scaffolding, Shuttering, Propping Or Pit Propping - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Scaffolding, Shuttering, and Propping Equipment in Latvia - 2023
Contents:
- Price for Scaffolding, Shuttering, and Propping Equipment in Latvia (FOB) - 2023
- Price for Scaffolding, Shuttering, and Propping Equipment in Latvia (CIF) - 2023
- Exports of Scaffolding, Shuttering, and Propping Equipment in Latvia
- Imports of Scaffolding, Shuttering, and Propping Equipment in Latvia
Price for Scaffolding, Shuttering, and Propping Equipment in Latvia (FOB) - 2023
In September 2023, the average export price for equipment for scaffolding, shuttering, propping or pit propping amounted to $1,617 per ton, dropping by -42.2% against the previous month. Over the period under review, the export price continues to indicate a perceptible slump. The pace of growth was the most pronounced in May 2023 when the average export price increased by 31% month-to-month. Over the period under review, the average export prices hit record highs at $2,795 per ton in August 2023, and then shrank rapidly in the following month.
There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was Norway ($10,211 per ton), while the average price for exports to Denmark ($1,039 per ton) 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 Sweden (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Scaffolding, Shuttering, and Propping Equipment in Latvia (CIF) - 2023
In September 2023, the average import price for equipment for scaffolding, shuttering, propping or pit propping amounted to $2,186 per ton, with a decrease of -20% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 when the average import price increased by 22% against the previous month. The import price peaked at $2,984 per ton in July 2023; however, from August 2023 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Germany ($3,937 per ton), while the price for Sweden ($971 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Poland (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Scaffolding, Shuttering, and Propping Equipment in Latvia
In 2022, overseas shipments of equipment for scaffolding, shuttering, propping or pit propping decreased by -21.3% to 11K tons, falling for the second consecutive year after two years of growth. In general, exports recorded a pronounced decline. The pace of growth appeared the most rapid in 2020 when exports increased by 21% against the previous year. As a result, the exports reached the peak of 14K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, scaffolding, shuttering, and propping equipment exports fell to $26M in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 14%. As a result, the exports reached the peak of $28M, and then fell in the following year.
| Export of Scaffolding, Shuttering, and Propping Equipment in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 2.0 | 3.0 | 4.6 | 5.9 | 43.4% |
| Denmark | 5.1 | 6.4 | 6.3 | 4.0 | -7.8% |
| Estonia | 4.0 | 3.6 | 3.6 | 3.5 | -4.4% |
| Germany | 1.3 | 1.5 | 2.3 | 3.4 | 37.8% |
| Norway | 5.3 | 2.1 | 3.3 | 3.3 | -14.6% |
| Lithuania | 4.0 | 3.3 | 3.8 | 3.1 | -8.1% |
| Austria | 1.9 | 1.1 | 0.8 | 0.7 | -28.3% |
| Others | 1.9 | 3.2 | 2.8 | 1.8 | -1.8% |
| Total | 25.5 | 24.2 | 27.6 | 25.6 | 0.1% |
Top Export Markets for Scaffolding, Shuttering, and Propping Equipment from Latvia in 2022:
- Denmark (3.3K tons)
- Sweden (1.9K tons)
- Lithuania (1.6K tons)
- Estonia (1.4K tons)
- Germany (1.2K tons)
- Austria (0.4K tons)
- Norway (0.3K tons)
Imports of Scaffolding, Shuttering, and Propping Equipment in Latvia
For the third year in a row, Latvia recorded decline in supplies from abroad of equipment for scaffolding, shuttering, propping or pit propping, which decreased by -12.4% to 5.7K tons in 2022. Over the period under review, imports continue to indicate a abrupt descent. The smallest decline of -0.4% was in 2020.
In value terms, scaffolding, shuttering, and propping equipment imports declined to $14M in 2022. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 24% against the previous year. As a result, imports reached the peak of $17M, and then declined in the following year.
| Import of Scaffolding, Shuttering, and Propping Equipment in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 4.8 | 5.2 | 4.9 | 5.2 | 2.7% |
| Estonia | 4.2 | 4.0 | 3.6 | 3.1 | -9.6% |
| Austria | 1.4 | 0.7 | 2.6 | 2.8 | 26.0% |
| Germany | 0.9 | 0.9 | 1.9 | 1.0 | 3.6% |
| Poland | 1.2 | 1.1 | 1.8 | 0.9 | -9.1% |
| Czech Republic | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Norway | 0.1 | N/A | N/A | 0.2 | 26.0% |
| Others | 1.8 | 1.4 | 1.6 | 1.1 | -15.1% |
| Total | 14.4 | 13.4 | 16.6 | 14.4 | 0.0% |
Top Suppliers of Scaffolding, Shuttering, and Propping Equipment to Latvia in 2022:
- Lithuania (2081.5 tons)
- Estonia (1557.7 tons)
- Austria (522.3 tons)
- Norway (512.4 tons)
- Germany (265.2 tons)
- Poland (245.3 tons)
- Czech Republic (96.5 tons)
This report provides an in-depth analysis of the market for scaffolding, shuttering, and propping equipment 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 25112310 - Iron or steel equipment for scaffolding, shuttering, p ropping/pit-propping including pit head frames and superstructures, extensible coffering beams, tubular scaffolding and similar equipment
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
-
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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