Latvia - Threshing Machinery Except Combine Harvester-Threshers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingThreshing Machinery Price in Latvia - 2023
Contents:
- Threshing Machinery Price in Latvia (CIF) - 2022
- Threshing Machinery Price in Latvia (FOB) - 2022
- Threshing Machinery Imports in Latvia
- Threshing Machinery Exports in Latvia
Threshing Machinery Price in Latvia (CIF) - 2022
In 2022, the average threshing machinery import price amounted to $7,908 per unit, picking up by 225% against the previous year. Overall, the import price recorded a remarkable increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 586%. The import price peaked in 2022 and is expected to retain growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for Lithuania.
From 2012 to 2022, the rate of growth in terms of prices for Lithuania amounted to +16.5% per year.
Threshing Machinery Price in Latvia (FOB) - 2022
In 2022, the average threshing machinery export price amounted to $3,527 per unit, picking up by 95% against the previous year. Over the period under review, the export price, however, saw a pronounced downturn. The export price peaked at $9,092 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($4,539 per unit), while the average price for exports to Ukraine ($2,231 per unit) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+6.3%).
Threshing Machinery Imports in Latvia
In 2022, imports of threshing machinery except combine harvester-threshers into Latvia skyrocketed to 34 units, picking up by 325% on the previous year's figure. Overall, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 1,514%. As a result, imports reached the peak of 113 units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, threshing machinery imports skyrocketed to $269K in 2022. In general, imports enjoyed a significant increase. Imports peaked at $306K in 2020; however, from 2021 to 2022, imports remained at a lower figure.
| Import of Threshing Machinery in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | N/A | 60.7 | N/A | 269 | 110.5% |
| Belgium | N/A | 245 | N/A | N/A | 0% |
| Germany | 28.9 | N/A | N/A | N/A | 0% |
| France | N/A | N/A | 18.4 | N/A | 0% |
| Others | N/A | N/A | 1.1 | N/A | 0% |
| Total | 28.9 | 306 | 19.4 | 269 | 110.4% |
Top Suppliers of Threshing Machinery to Latvia in 2022:
- Lithuania (34.0 units)
Threshing Machinery Exports in Latvia
Threshing machinery exports from Latvia skyrocketed to 14 units in 2022, increasing by 133% on the previous year. Over the period under review, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 1,825%. As a result, the exports reached the peak of 77 units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, threshing machinery exports surged to $49K in 2022. Overall, exports showed a resilient expansion. The growth pace was the most rapid in 2020 when exports increased by 677% against the previous year. As a result, the exports attained the peak of $282K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Threshing Machinery in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | N/A | N/A | N/A | 31.8 | 0% |
| Ukraine | N/A | N/A | 10.8 | 13.4 | 24.1% |
| Moldova | N/A | N/A | N/A | 4.2 | 0% |
| Belgium | N/A | 37.1 | N/A | N/A | 0% |
| China | N/A | 245 | N/A | N/A | 0% |
| Estonia | 36.4 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 36.4 | 282 | 10.8 | 49.4 | 10.7% |
Top Export Markets for Threshing Machinery from Latvia in 2022:
- Lithuania (7.0 units)
- Ukraine (6.0 units)
- Moldova (1.0 units)
This report provides an in-depth analysis of the threshing machinery 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 28305930 - Agricultural threshing machinery (excluding combine harvester-threshers)
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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