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The port of Riga, which holds the top position in Latvia's maritime sector in terms of both total tonnage and container throughput, is set to post growth in 2014, with increases forecast both in total cargo and box volumesRiga has a strong position to build on in 2014 in terms of box throughput, enhanced by robust increase in volumes over the last four years, and in terms of tonnage throughput, which demonstrated strong growth at the beginning of the yearOver the medium term, we project further throughput growth at the port of Riga and tonnage throughput growth at Ventspils, the country's second largest port in terms of the total throughput, which will try to resume recovery to its pre-downturn tonnage levels.
Industry View 7SWOT 9Shipping 9Political 10Economic 11Business Environment 12Industry Forecast 13Port Of Riga Throughput 13Table: Major Ports Data, 2011-2018 24Table: Trade Overview, 2011-2018 25Table: Key Trade Indicators, 2011-2018 25Table: Top Import Partners, 2004-2012 27Table: Top Export Destinations, 2004-2012 27Market Overview 29Latvia Container Shipping Market Overview 29Industry Trends And Developments 40Latvia Company Profile 42Latvian Shipping Company 42Shipping - Global Industry View 46Container Demand: 46Container Supply: 53Container Rates: 59Global Company Strategy 63Maersk Line 63Mediterranean Shipping Company (MSC) 76CMA CGM 81Evergreen Line 91COSCO Container Lines Company (COSCON) 98Macroeconomic Forecasts 105Economic Analysis 105Real GDP By Expenditure Breakdown 107Risks To Outlook 111Table: Economic Activity (Latvia 2009-2018) 111Demographic Forecast 112Table: Latvia's Population By Age Group, 1990-2020 ('000) 113Table: Latvia's Population By Age Group, 1990-2020 (% of total) 114Table: Latvia's Key Population Ratios, 1990-2020 115Table: Latvia's Rural And Urban Population, 1990-2020 115