The production value of the rubber and plastic products manufacturing industry in Latvia increased by 91.4 million euros (+38.07 percent) since the previous year. Therefore, the production value in Latvia reached a peak in 2021 with 331.49 million euros. The value of production is defined by Eurostat as the amount actually produced by the unit, based on sales, including changes in stocks and the resale of goods and services.
The source adds the following information: Production value measures the amount actually produced by the unit, based on sales, including changes in stocks and the resale of goods and services. The production value is defined as turnover, plus or minus the changes in stocks of finished products, work in progress and goods and services purchased for resale, minus the purchases of goods and services for resale, plus capitalised production, plus other operating income (excluding subsidies). Income and expenditure classified as financial or extra-ordinary in company accounts is excluded from production value. Data coverage corresponds to code C22 of CE Rev. 2.
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Eurostat. (March 22, 2024). Production value of the manufacturing industry of rubber and plastic products in Latvia from 2010 to 2021 (in million euros) [Graph]. In Statista. Retrieved October 06, 2024, from https://www.statista.com/statistics/428710/production-value-manufacturing-rubber-plastic-industry-latvia/
Eurostat. "Production value of the manufacturing industry of rubber and plastic products in Latvia from 2010 to 2021 (in million euros)." Chart. March 22, 2024. Statista. Accessed October 06, 2024. https://www.statista.com/statistics/428710/production-value-manufacturing-rubber-plastic-industry-latvia/
Eurostat. (2024). Production value of the manufacturing industry of rubber and plastic products in Latvia from 2010 to 2021 (in million euros). Statista. Statista Inc.. Accessed: October 06, 2024. https://www.statista.com/statistics/428710/production-value-manufacturing-rubber-plastic-industry-latvia/
Eurostat. "Production Value of The Manufacturing Industry of Rubber and Plastic Products in Latvia from 2010 to 2021 (in Million Euros)." Statista, Statista Inc., 22 Mar 2024, https://www.statista.com/statistics/428710/production-value-manufacturing-rubber-plastic-industry-latvia/
Eurostat, Production value of the manufacturing industry of rubber and plastic products in Latvia from 2010 to 2021 (in million euros) Statista, https://www.statista.com/statistics/428710/production-value-manufacturing-rubber-plastic-industry-latvia/ (last visited October 06, 2024)
Production value of the manufacturing industry of rubber and plastic products in Latvia from 2010 to 2021 (in million euros) [Graph], Eurostat, March 22, 2024. [Online]. Available: https://www.statista.com/statistics/428710/production-value-manufacturing-rubber-plastic-industry-latvia/