Salts; Tungstates (Wolframates) Price in Latvia - 2023
Contents:
- Salts; Tungstates (Wolframates) Price in Latvia (CIF) - 2022
- Salts; Tungstates (Wolframates) Imports in Latvia
Salts; Tungstates (Wolframates) Price in Latvia (CIF) - 2022
The average salts; tungstates (wolframates) import price stood at $153,000 per ton in 2022, approximately equating the previous year. In general, the import price enjoyed prominent growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 78%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +9.9% per year.
Salts; Tungstates (Wolframates) Imports in Latvia
In 2022, after two years of decline, there was decline in overseas purchases of salts; tungstates (wolframates), when their volume decreased by 0% to 9 kg. In general, imports continue to indicate a dramatic descent. The smallest decline of 99.9% was in 2020.
In value terms, salts; tungstates (wolframates) imports stood at $1.4K in 2022. Overall, imports saw a buoyant expansion. The smallest decline of 99.9% was in 2020. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Salts; Tungstates (Wolframates) in Latvia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 888 | N/A | N/A | 669 | -9.0% |
| Others | N/A | N/A | N/A | 708 | 0% |
| Total | 888 | N/A | N/A | 1,377 | 15.7% |
Top Suppliers of Salts; Tungstates (Wolframates) to Latvia in 2022:
- Germany (9.0 kg)
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