Chlorides; of Aluminium Price in Latvia - 2023

Contents:

  1. Chlorides; of Aluminium Price in Latvia (CIF) - 2022
  2. Chlorides; of Aluminium Price in Latvia (FOB) - 2022
  3. Chlorides; of Aluminium Imports in Latvia
  4. Chlorides; of Aluminium Exports in Latvia

Chlorides; of Aluminium Price in Latvia (CIF) - 2022

The average chlorides; of aluminium import price stood at $394 per ton in 2022, growing by 8.1% against the previous year. Over the period under review, the import price, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2021 when the average import price increased by 49% against the previous year. The import price peaked at $2,332 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lithuania ($562 per ton), while the price for Finland ($295 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+4.0%), while the prices for the other major suppliers experienced a decline.

Chlorides; of Aluminium Price in Latvia (FOB) - 2022

The average chlorides; of aluminium export price stood at $2,594 per ton in 2022, with a decrease of -48.1% against the previous year. In general, the export price saw a noticeable decline. The growth pace was the most rapid in 2021 an increase of 244%. As a result, the export price reached the peak level of $5,000 per ton, and then declined dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($2,857 per ton), while the average price for exports to Belarus ($570 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+32.3%), while the prices for the other major destinations experienced mixed trend patterns.

Chlorides; of Aluminium Imports in Latvia

Chlorides; of aluminium imports into Latvia surged to 791 tons in 2022, picking up by 23% compared with 2021. Overall, imports, however, continue to indicate a pronounced slump.

In value terms, chlorides; of aluminium imports skyrocketed to $312K in 2022. Over the period under review, imports saw a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Chlorides; of Aluminium in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland24.322.162.213476.7%
Poland17718015099.9-17.4%
Lithuania44.713.618.176.019.4%
Hungary26.723.0N/AN/A-13.9%
Others32.017.04.42.3-58.4%
Total3052562353120.8%

Top Suppliers of Chlorides; of Aluminium to Latvia in 2022:

  1. Finland (453.0 tons)
  2. Poland (200.8 tons)
  3. Lithuania (135.3 tons)

Chlorides; of Aluminium Exports in Latvia

After two years of decline, shipments abroad of chlorides; of aluminia increased by 8,650% to 175 kg in 2022. In general, exports, however, showed a precipitous decline.

In value terms, chlorides; of aluminium exports soared to $454 in 2022. Over the period under review, exports, however, faced a precipitous descent.

Export of Chlorides; of Aluminium in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus11865.4N/A0.1-90.5%
PolandN/AN/AN/A0.10%
GermanyN/AN/AN/A0.10%
FinlandN/AN/AN/AN/A0%
OthersN/A12.1N/A0.2-87.1%
Total11877.5N/A0.5-83.8%

Top Export Markets for Chlorides; of Aluminium from Latvia in 2022:

  1. Belarus (100.0 kg)
  2. Germany (42.0 kg)
  3. Poland (28.0 kg)
  4. Finland (4.0 kg)

Source: IndexBox Market Intelligence Platform

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