Price for Lecithins and Other Phosphoaminolipids in Latvia - 2023

Contents:

1. Price for Lecithins and Other Phosphoaminolipids in Latvia (FOB) - 2022
2. Price for Lecithins and Other Phosphoaminolipids in Latvia (CIF) - 2023
3. Exports of Lecithins and Other Phosphoaminolipids in Latvia
4. Imports of Lecithins and Other Phosphoaminolipids in Latvia

Price for Lecithins and Other Phosphoaminolipids in Latvia (FOB) - 2022

The average lecithins and other phosphoaminolipids export price stood at $1,467 per ton in 2022, with an increase of 5.2% against the previous year. In general, the export price, however, saw a perceptible decrease. The most prominent rate of growth was recorded in 2014 when the average export price increased by 48%. Over the period under review, the average export prices reached the peak figure at $3,098 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($2,452 per ton), while the average price for exports to Kazakhstan ($1,102 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 Kazakhstan (-0.6%), while the prices for the other major destinations experienced a decline.

Price for Lecithins and Other Phosphoaminolipids in Latvia (CIF) - 2023

In November 2023, the average lecithins and other phosphoaminolipids import price amounted to $2,180 per ton, shrinking by -5.3% against the previous month. In general, the import price saw a perceptible contraction. The pace of growth was the most pronounced in July 2023 when the average import price increased by 177% against the previous month. The import price peaked at $10,952 per ton in February 2023; however, from March 2023 to November 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Spain ($4,487 per ton), while the price for the Netherlands ($1,805 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Lithuania (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Lecithins and Other Phosphoaminolipids in Latvia

Lecithins and other phosphoaminolipids exports from Latvia surged to 1.5K tons in 2022, picking up by 343% on the year before. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, lecithins and other phosphoaminolipids exports surged to $2.2M in 2022. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Lecithins and Other Phosphoaminolipids from Latvia in 2022:

1. Kazakhstan (1099.0 tons)
2. Uzbekistan (379.9 tons)

Imports of Lecithins and Other Phosphoaminolipids in Latvia

Lecithins and other phosphoaminolipids imports into Latvia soared to 1.6K tons in 2022, rising by 223% against 2021 figures. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, lecithins and other phosphoaminolipids imports surged to $2M in 2022. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Lecithins and Other Phosphoaminolipids to Latvia in 2022:

1. Netherlands (1560.7 tons)
2. Lithuania (25.2 tons)
3. Germany (15.8 tons)

Source: IndexBox Market Intelligence Platform