Price for Dyes; Reactive Dyes and Preparations Based Thereon in Latvia - 2023
Contents:
- Price for Dyes; Reactive Dyes and Preparations Based Thereon in Latvia (CIF) - 2022
- Price for Dyes; Reactive Dyes and Preparations Based Thereon in Latvia (FOB) - 2022
- Imports of Dyes; Reactive Dyes and Preparations Based Thereon in Latvia
- Exports of Dyes; Reactive Dyes and Preparations Based Thereon in Latvia
Price for Dyes; Reactive Dyes and Preparations Based Thereon in Latvia (CIF) - 2022
In 2022, the average import price for dyes; reactive dyes and preparations based therea amounted to $11,948 per ton, shrinking by -7.2% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 34% against the previous year. As a result, import price attained the peak level of $15,057 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($24,264 per ton), while the price for Sweden ($6,841 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+18.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Dyes; Reactive Dyes and Preparations Based Thereon in Latvia (FOB) - 2022
In 2022, the average export price for dyes; reactive dyes and preparations based therea amounted to $16,814 per ton, remaining constant against the previous year. Over the period under review, the export price, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when the average export price increased by 12%. The export price peaked at $22,073 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($17,000 per ton), while the average price for exports to Lithuania stood at $16,809 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+23.7%).
Imports of Dyes; Reactive Dyes and Preparations Based Thereon in Latvia
For the fourth year in a row, Latvia recorded growth in purchases abroad of dyes; reactive dyes and preparations based therea, which increased by 1.7% to 13 tons in 2022. The total import volume increased at an average annual rate of +9.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 29% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of dyes; reactive dyes and preparations based therea shrank to $159K in 2022. The total import value increased at an average annual rate of +1.7% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 19%. As a result, imports attained the peak of $168K, and then reduced in the following year.
| Import of Dyes; Reactive Dyes and Preparations Based Thereon in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 62.0 | 87.8 | 85.0 | 96.0 | 15.7% |
| Slovenia | 65.1 | 42.6 | 39.6 | 32.4 | -20.8% |
| Austria | 14.9 | 4.9 | 20.7 | 11.2 | -9.1% |
| Finland | 2.3 | 1.2 | 9.1 | 9.4 | 59.9% |
| Sweden | 2.2 | 1.5 | 2.6 | 4.3 | 25.0% |
| United States | N/A | 1.3 | 4.0 | 3.5 | 64.1% |
| Lithuania | N/A | N/A | 4.8 | N/A | 0% |
| Others | 4.6 | 1.8 | 2.4 | 1.9 | -25.5% |
| Total | 151 | 141 | 168 | 159 | 1.7% |
Top Suppliers of Dyes; Reactive Dyes and Preparations Based Thereon to Latvia in 2022:
- Germany (8.2 tons)
- Slovenia (2.6 tons)
- Austria (1.1 tons)
- Sweden (0.6 tons)
- Finland (0.4 tons)
- United States (0.3 tons)
Exports of Dyes; Reactive Dyes and Preparations Based Thereon in Latvia
In 2022, approx. 1.9 tons of dyes; reactive dyes and preparations based therea were exported from Latvia; falling by -36.8% on 2021. Over the period under review, exports faced a dramatic contraction. The growth pace was the most rapid in 2021 with an increase of 3.4% against the previous year.
In value terms, exports of dyes; reactive dyes and preparations based therea declined markedly to $32K in 2022. Overall, exports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 16% against the previous year.
| Export of Dyes; Reactive Dyes and Preparations Based Thereon in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 47.6 | 40.8 | 44.2 | 30.7 | -13.6% |
| Estonia | 3.6 | 2.3 | 3.9 | 0.9 | -37.0% |
| Finland | N/A | 0.4 | 1.9 | N/A | 375.0% |
| Others | N/A | N/A | 0.6 | N/A | 0% |
| Total | 51.2 | 43.5 | 50.6 | 31.6 | -14.9% |
Top Export Markets for Dyes; Reactive Dyes and Preparations Based Thereon from Latvia in 2022:
- Lithuania (1825.0 kg)
- Estonia (55.0 kg)
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