Price for Salts of Oxometallic or Peroxometallic Acids in Latvia - 2023

Contents:

1. Price for Salts of Oxometallic or Peroxometallic Acids in Latvia (CIF) - 2022
2. Price for Salts of Oxometallic or Peroxometallic Acids in Latvia (FOB) - 2022
3. Imports of Salts of Oxometallic or Peroxometallic Acids in Latvia
4. Exports of Salts of Oxometallic or Peroxometallic Acids in Latvia

Price for Salts of Oxometallic or Peroxometallic Acids in Latvia (CIF) - 2022

In 2022, the average import price for salts of oxometallic or peroxometallic acidses amounted to $4,751 per ton, jumping by 19% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2020 an increase of 93% against the previous year. Over the period under review, average import prices reached the maximum at $12,175 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($4,479 per ton), while the price for Lithuania stood at $3,042 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+17.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Salts of Oxometallic or Peroxometallic Acids in Latvia (FOB) - 2022

The average export price for salts of oxometallic or peroxometallic acidses stood at $18,202 per ton in 2022, declining by -11.1% against the previous year. Over the period under review, the export price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2016 an increase of 82% against the previous year. Over the period under review, the average export prices attained the peak figure at $71,000 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($51,578 per ton), while the average price for exports to Estonia ($14,191 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+2.9%), while the prices for the other major destinations experienced a decline.

Imports of Salts of Oxometallic or Peroxometallic Acids in Latvia

In 2022, supplies from abroad of salts of oxometallic or peroxometallic acidses decreased by -11.4% to 9.4 tons, falling for the second year in a row after two years of growth. In general, imports saw a perceptible setback. The most prominent rate of growth was recorded in 2020 when imports increased by 196%. As a result, imports attained the peak of 31 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of salts of oxometallic or peroxometallic acidses expanded rapidly to $45K in 2022. Overall, imports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 471% against the previous year. As a result, imports reached the peak of $196K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Salts of Oxometallic or Peroxometallic Acids to Latvia in 2022:

1. Poland (8.9 tons)
2. Lithuania (0.3 tons)

Exports of Salts of Oxometallic or Peroxometallic Acids in Latvia

For the fourth consecutive year, Latvia recorded growth in overseas shipments of salts of oxometallic or peroxometallic acidses, which increased by 36% to 1.8 tons in 2022. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 44%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of salts of oxometallic or peroxometallic acidses surged to $33K in 2022. Over the period under review, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 50%. The exports peaked in 2022 and are expected to retain growth in the near future.

Top Export Markets for Salts of Oxometallic or Peroxometallic Acids from Latvia in 2022:

1. Estonia (1595.0 kg)
2. Russia (192.0 kg)
3. Germany (28.0 kg)

Source: IndexBox Market Intelligence Platform