Report Update May 19, 2024

Latvia - Machinery for Making Pulp of Fibrous Cellulosic Material - Market Analysis, Forecast, Size, Trends and Insights

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Latvia: Cellulose Pulp Machinery Market 2024

Cellulose Pulp Machinery Market Size in Latvia

The Latvian cellulose pulp machinery market dropped significantly to $X in 2023, reducing by X% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. Cellulose pulp machinery consumption peaked at $X in 2022, and then contracted significantly in the following year.

Cellulose Pulp Machinery Production in Latvia

In value terms, cellulose pulp machinery production dropped sharply to $X in 2023 estimated in export price. In general, production, however, showed a dramatic decrease. The most prominent rate of growth was recorded in 2014 when the production volume decreased by X%. Cellulose pulp machinery production peaked at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

Cellulose Pulp Machinery Exports

Exports from Latvia

In 2023, after two years of decline, there was decline in overseas shipments of machinery for making pulp of fibrous cellulosic material, when their volume decreased by X% to X units. Over the period under review, exports showed a abrupt setback. The pace of growth was the most pronounced in 2020 with an increase of X%. The exports peaked at X units in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

In value terms, cellulose pulp machinery exports amounted to $X in 2023. In general, exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2014 when exports increased by X%. Over the period under review, the exports hit record highs in 2023 and are likely to see gradual growth in years to come.

Exports by Country

Poland (X units) was the main destination for cellulose pulp machinery exports from Latvia, with a X% share of total exports. Moreover, cellulose pulp machinery exports to Poland exceeded the volume sent to the second major destination, the Netherlands (X units), more than tenfold.

From 2012 to 2023, the average annual growth rate of volume to Poland was relatively modest.

From 2012 to 2023, the average annual rate of growth in terms of value to Poland was relatively modest.

Export Prices by Country

The average cellulose pulp machinery export price stood at $X per unit in 2023, standing approx. at the previous year. Over the period under review, the export price showed significant growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2023 and is likely to see gradual growth in years to come.

Average prices varied somewhat for the major external markets. In 2023, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Poland stood at $X per unit.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%).

Cellulose Pulp Machinery Imports

Imports into Latvia

In 2023, after two years of decline, there was decline in supplies from abroad of machinery for making pulp of fibrous cellulosic material, when their volume decreased by X% to X units. Over the period under review, imports saw a deep setback. The smallest decline of X% was in 2021. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, cellulose pulp machinery imports surged to $X in 2023. Overall, imports continue to indicate a prominent expansion. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2023 and are expected to retain growth in years to come.

Imports by Country

In 2023, China (X units) was the main supplier of cellulose pulp machinery to Latvia, accounting for a approx. X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of volume from China was relatively modest.

In value terms, China ($X) constituted the largest supplier of machinery for making pulp of fibrous cellulosic material to Latvia.

From 2012 to 2023, the average annual rate of growth in terms of value from China stood at X%.

Import Prices by Country

The average cellulose pulp machinery import price stood at $X,524 per unit in 2023, picking up by X% against the previous year. Overall, the import price saw a significant increase. The growth pace was the most rapid in 2017 an increase of X%. Over the period under review, average import prices hit record highs in 2023 and is expected to retain growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2023, the rate of growth in terms of prices for Germany amounted to X% per year.

Source: IndexBox Platform

This report provides an in-depth analysis of the cellulose pulp 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 28951113 - Machinery for making pulp of fibrous cellulosic material

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023