Latvia - Aluminium Tube Or Pipe Fittings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAluminium Pipe Fittings Price in Latvia - 2023
Contents:
- Aluminium Pipe Fittings Price in Latvia (CIF) - 2022
- Aluminium Pipe Fittings Price in Latvia (FOB) - 2022
- Aluminium Pipe Fittings Imports in Latvia
- Aluminium Pipe Fittings Exports in Latvia
Aluminium Pipe Fittings Price in Latvia (CIF) - 2022
In 2022, the average aluminium pipe fittings import price amounted to $26,219 per ton, surging by 13% against the previous year. Over the period under review, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium pipe fittings import price increased by +159.5% against 2016 indices. The pace of growth appeared the most rapid in 2017 an increase of 51% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
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 France ($59,988 per ton), while the price for Finland ($6,586 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Aluminium Pipe Fittings Price in Latvia (FOB) - 2022
In 2022, the average aluminium pipe fittings export price amounted to $22,659 per ton, with a decrease of -8.6% against the previous year. Over the period under review, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 an increase of 87% against the previous year. As a result, the export price reached the peak level of $26,699 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($44,864 per ton), while the average price for exports to Lithuania ($12,678 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 Norway (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.
Aluminium Pipe Fittings Imports in Latvia
In 2022, imports of aluminium tube or pipe fittings into Latvia fell remarkably to 13 tons, waning by -37.1% compared with the previous year's figure. In general, imports recorded a significant decrease. The most prominent rate of growth was recorded in 2021 with an increase of 42%.
In value terms, aluminium pipe fittings imports contracted remarkably to $350K in 2022. Overall, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 58% against the previous year.
| Import of Aluminium Pipe Fittings in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 153 | 140 | 170 | 150 | -0.7% |
| Poland | 41.2 | 66.7 | 37.8 | 48.5 | 5.6% |
| Denmark | 1.8 | 7.0 | 26.4 | 33.6 | 165.3% |
| Estonia | 48.0 | 2.5 | 11.4 | 19.9 | -25.4% |
| Lithuania | 54.2 | 31.8 | 26.4 | 19.0 | -29.5% |
| Italy | 21.0 | 13.9 | 42.6 | 18.9 | -3.5% |
| Finland | 9.7 | 0.5 | 15.9 | 11.0 | 4.3% |
| China | 109 | 5.5 | 25.5 | 5.0 | -64.2% |
| United Kingdom | 16.6 | 4.0 | 12.1 | 4.7 | -34.3% |
| Russia | 16.9 | 0.6 | 2.7 | 0.4 | -71.3% |
| Spain | 30.9 | 4.8 | 66.1 | 0.2 | -81.4% |
| Belarus | N/A | 5.1 | 9.5 | N/A | 86.3% |
| Others | 47.1 | 28.4 | 43.6 | 38.2 | -6.7% |
| Total | 550 | 311 | 490 | 350 | -14.0% |
Top Suppliers of Aluminium Pipe Fittings to Latvia in 2022:
- Germany (3.0 tons)
- Poland (2.6 tons)
- Estonia (2.2 tons)
- Finland (1.7 tons)
- Denmark (1.1 tons)
- Lithuania (0.9 tons)
- Italy (0.5 tons)
- United Kingdom (0.1 tons)
- China (0.1 tons)
Aluminium Pipe Fittings Exports in Latvia
In 2022, aluminium pipe fittings exports from Latvia shrank sharply to 3.6 tons, waning by -43.4% compared with the year before. In general, exports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 114% against the previous year. As a result, the exports reached the peak of 6.3 tons, and then declined notably in the following year.
In value terms, aluminium pipe fittings exports shrank markedly to $81K in 2022. Over the period under review, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 133%. As a result, the exports reached the peak of $157K, and then fell rapidly in the following year.
| Export of Aluminium Pipe Fittings in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.9 | 10.3 | 48.2 | 33.4 | 125.8% |
| Lithuania | 10.9 | 17.7 | 2.7 | 19.2 | 20.8% |
| Estonia | 16.1 | 6.2 | 31.3 | 12.8 | -7.4% |
| Russia | 17.3 | 24.8 | 47.9 | 9.7 | -17.5% |
| Brazil | N/A | 3.8 | 4.4 | 3.1 | -9.7% |
| Turkey | 4.2 | N/A | 14.4 | 0.1 | -71.2% |
| India | 21.5 | N/A | N/A | N/A | 0% |
| Others | 10.7 | 4.9 | 8.7 | 3.1 | -33.8% |
| Total | 83.6 | 67.7 | 157 | 81.5 | -0.8% |
Top Export Markets for Aluminium Pipe Fittings from Latvia in 2022:
- Lithuania (1514.0 kg)
- Germany (745.0 kg)
- Estonia (720.0 kg)
- Russia (353.0 kg)
- Brazil (131.0 kg)
- Turkey (3.0 kg)
This report provides an in-depth analysis of the aluminium pipe fittings 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 24422670 - Aluminium tube or pipe fittings (including couplings, elbows and sleeves) (excluding fittings with taps, cocks and valves, t ube supports, bolts and nuts, clamps)
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
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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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This report provides an in-depth analysis of the aluminium pipe fittings market in Latvia.
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This report provides an in-depth analysis of the aluminium tube market in Latvia.
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This report provides an in-depth analysis of the global aluminium pipe fittings market.
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This report provides an in-depth analysis of the global aluminium tube market.
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This report provides an in-depth analysis of the aluminium pipe fittings market in Latvia.
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This report provides an in-depth analysis of the global aluminium pipe fittings market.
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In value terms, aluminum tube and pipe fittings exports amounted to $X in 2016. Overall, it indicated a remarkable growth from 2007 to 2016: the total exports value increased at an average annual r...
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Global aluminium tube imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, aluminium tube imports continue to indicate a relatively flat trend pattern. Th...
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Global aluminium tube imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, aluminium tube imports continue to indicate a relatively flat trend pattern. Th...
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Germany is one of the leaders in the global aluminium tube, pipe and tube or pipe fitting trade. In 2014, Germany exported X thousand tons of aluminium tubes, pipes and tube or pipe fittings totaling X million USD, X% over the previous year. Its p
