Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Latvia - 2023

Contents:

1. Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Latvia (CIF) - 2022
2. Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Latvia (FOB) - 2022
3. Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Latvia
4. Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Latvia

Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Latvia (CIF) - 2022

In 2022, the average import price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses amounted to $2,287 per ton, growing by 45% against the previous year. Overall, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses increased by +77.0% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($20,584 per ton), while the price for Poland ($1,846 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+31.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Latvia (FOB) - 2022

The average export price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses stood at $36,071 per ton in 2022, surging by 1,035% against the previous year. Over the period under review, the export price showed significant growth. The most prominent rate of growth was recorded in 2016 an increase of 1,102% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($43,714 per ton), while the average price for exports to Germany stood at $28,429 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+1,008.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Latvia

Imports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses into Latvia dropped dramatically to 5.7 tons in 2022, declining by -27.8% against the previous year's figure. Over the period under review, imports faced a sharp reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 5.3% against the previous year.

In value terms, imports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses rose slightly to $13K in 2022. Overall, imports showed a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 22%.

Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters to Latvia in 2022:

1. Poland (5.4 tons)
2. France (0.1 tons)
3. Germany (0.1 tons)

Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Latvia

In 2022, after two years of decline, there was significant decline in overseas shipments of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses, when their volume decreased by -87.5% to 14 kg. Overall, exports continue to indicate a perceptible downturn.

In value terms, exports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses surged to $505 in 2022. In general, exports, however, continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters from Latvia in 2022:

1. Germany (7.0 kg)
2. Russia (7.0 kg)

Source: IndexBox Market Intelligence Platform