Microwave Oven Market Overview in Latvia
The size of the microwave oven market in Latvia skyrocketed to $ in , increasing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw a noticeable reduction. The most prominent rate of growth was recorded in 2010 with an increase of % y-o-y. Over the period under review, the market attained the peak level at $ in 2007; however, from 2008 to , consumption stood at a somewhat lower figure.