Latvia - Digital Data Processing Machines: Presented In The Form Of Systems - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Digital Data Processing Machine in Latvia - 2023
Contents:
- Price for Digital Data Processing Machine in Latvia (CIF) - 2023
- Price for Digital Data Processing Machine in Latvia (FOB) - 2022
- Imports of Digital Data Processing Machine in Latvia
- Exports of Digital Data Processing Machine in Latvia
Price for Digital Data Processing Machine in Latvia (CIF) - 2023
The average digital data processing machine import price stood at $1,400 per unit in September 2023, reducing by -15.4% against the previous month. In general, the import price saw a mild descent. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 64% m-o-m. As a result, import price attained the peak level of $3,073 per unit; afterwards, it flattened through to September 2023.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the Netherlands ($2,687 per unit), while the price for Lithuania ($869 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Digital Data Processing Machine in Latvia (FOB) - 2022
The average digital data processing machine export price stood at $1,678 per unit in 2022, dropping by -12.4% against the previous year. In general, the export price continues to indicate a noticeable decline. The pace of growth was the most pronounced in 2021 an increase of 59%. The export price peaked at $2,281 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
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 Kazakhstan ($2,965 per unit), while the average price for exports to Slovakia ($427 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 Poland (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Digital Data Processing Machine in Latvia
For the third consecutive year, Latvia recorded decline in purchases abroad of digital data processing machines: presented in the form of systems, which decreased by -8.9% to 8.7K units in 2022. In general, imports recorded a significant decrease. Over the period under review, imports attained the peak figure at 21K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, digital data processing machine imports soared to $15M in 2022. The total import value increased at an average annual rate of +1.3% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Digital Data Processing Machine in Latvia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 5.0 | 5.1 | 5.2 | 5.6 | 3.8% |
Lithuania | 4.4 | 3.2 | 3.4 | 3.5 | -7.3% |
Germany | 0.5 | 1.3 | 0.6 | 1.2 | 33.9% |
Poland | 1.5 | 0.3 | 0.2 | 0.9 | -15.7% |
Finland | 0.5 | 0.3 | 0.9 | 0.5 | 0.0% |
Belgium | 0.6 | 0.1 | 0.1 | 0.2 | -30.7% |
China | 0.1 | 0.2 | 0.1 | 0.2 | 26.0% |
Hong Kong SAR | N/A | N/A | N/A | 0.2 | 0% |
Others | 1.5 | 2.8 | 2.2 | 2.4 | 17.0% |
Total | 14.2 | 13.4 | 12.7 | 14.7 | 1.2% |
Top Suppliers of Digital Data Processing Machine to Latvia in 2022:
- Netherlands (2627.0 units)
- Lithuania (2598.0 units)
- Poland (710.0 units)
- Germany (429.0 units)
- Hong Kong SAR (423.0 units)
- Belgium (421.0 units)
- China (300.0 units)
- Finland (220.0 units)
Exports of Digital Data Processing Machine in Latvia
In 2022, overseas shipments of digital data processing machines: presented in the form of systems were finally on the rise to reach 5.6K units after two years of decline. In general, exports, however, showed a abrupt curtailment. Over the period under review, the exports reached the maximum at 7.1K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, digital data processing machine exports soared to $9.4M in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +9.8% over the last three years. The trend pattern, however, 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 Digital Data Processing Machine in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lithuania | 1,933 | 3,037 | 3,594 | 5,272 | 39.7% |
Estonia | 1,798 | 1,512 | 1,197 | 1,733 | -1.2% |
Poland | 51.5 | 53.7 | 103 | 501 | 113.5% |
Kazakhstan | 1.0 | 2.0 | N/A | 353 | 606.7% |
Germany | 6.0 | 67.1 | 16.2 | 275 | 257.9% |
Netherlands | 26.5 | 24.8 | 28.2 | 235 | 107.0% |
Denmark | 319 | 102 | 56.5 | 24.8 | -57.3% |
Belarus | 548 | 101 | 296 | 0.8 | -88.7% |
Others | 2,383 | 1,196 | 741 | 965 | -26.0% |
Total | 7,067 | 6,095 | 6,032 | 9,361 | 9.8% |
Top Export Markets for Digital Data Processing Machine from Latvia in 2022:
- Lithuania (2770.0 units)
- Estonia (981.0 units)
- Germany (342.0 units)
- Poland (330.0 units)
- Netherlands (280.0 units)
- Kazakhstan (119.0 units)
- Denmark (27.0 units)
- Belarus (1.0 units)
This report provides an in-depth analysis of the market for digital data processing machine 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 26201400 - Digital data processing machines: presented in the form of systems
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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