The 2013 Import and Export Market for Electric Instantaneous or Storage Water Heaters and Immersion Heaters in Latvia

On the demand side, exporters and strategic planners focusing on electric instantaneous or storage water heaters and immersion heaters in Latvia face a number of questions. Which countries are supplying electric instantaneous or storage water heaters and immersion heaters to Latvia? How important is Latvia compared to others in terms of the entire global and regional market? How much do the imports of electric instantaneous or storage water heaters and immersion heaters vary from one country of origin to another in Latvia? On the supply side, Latvia also exports electric instantaneous or storage water heaters and immersion heaters. Which countries receive the most exports from Latvia? How are these exports concentrated across buyers? What is the value of these exports and which countries are the largest buyers? This report was created for strategic planners, international marketing executives and import/export managers who are concerned with the market for electric instantaneous or storage water heaters and immersion heaters in Latvia. With the globalization of this market, managers can no longer be contented with a local view. Nor can managers be contented with out-of-date statistics which appear several years after the fact. I have developed a methodology, based on macroeconomic and trade models, to estimate the market for electric instantaneous or storage water heaters and immersion heaters for those countries serving Latvia via exports, or supplying from Latvia via imports. It does so for the current year based on a variety of key historical indicators and econometric models. In what follows, Chapter 2 begins by summarizing where Latvia fits into the world market for imported and exported electric instantaneous or storage water heaters and immersion heaters. The total level of imports and exports on a worldwide basis, and those for Latvia in particular, is estimated using a model which aggregates across over 150 key