Latvia - Aromatic Polyamines And Their Derivatives, Salts Thereof - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Latvia - Aromatic Polyamines And Their Derivatives, Salts Thereof - Market Analysis, Forecast, Size, Trends And Insights

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Aromatic Polyamines Price in Latvia - 2023

Contents:

  1. Aromatic Polyamines Price in Latvia (CIF) - 2022
  2. Aromatic Polyamines Price in Latvia (FOB) - 2022
  3. Aromatic Polyamines Imports in Latvia
  4. Aromatic Polyamines Exports in Latvia

Aromatic Polyamines Price in Latvia (CIF) - 2022

In 2022, the average aromatic polyamines import price amounted to $8,681 per ton, increasing by 4.5% against the previous year. Over the period under review, the import price, however, faced a deep setback. The pace of growth was the most pronounced in 2018 an increase of 37%. Over the period under review, average import prices hit record highs at $93,443 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($8,945 per ton) and Ukraine ($8,940 per ton), while the price for Germany ($8,645 per ton) and Estonia ($8,653 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+43.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Aromatic Polyamines Price in Latvia (FOB) - 2022

The average aromatic polyamines export price stood at $7,667 per ton in 2022, picking up by 50% against the previous year. Over the last seven years, it increased at an average annual rate of +1.5%. Over the period under review, the average export prices reached the peak figure at $8,016 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($8,972 per ton), while the average price for exports to Togo ($5,107 per ton) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+58.6%), while the prices for the other major destinations experienced more modest paces of growth.

Aromatic Polyamines Imports in Latvia

In 2022, overseas purchases of aromatic polyamines and their derivatives, salts thereof decreased by -3.5% to 35 tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +6.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 30% against the previous year. As a result, imports reached the peak of 38 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, aromatic polyamines imports reached $307K in 2022. The total import value increased at an average annual rate of +3.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 30%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

Import of Aromatic Polyamines in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2511282412672.1%
Ukraine13.046.848.527.227.9%
EstoniaN/AN/A0.36.52066.7%
ChinaN/AN/A6.76.5-3.0%
BelgiumN/A56.4N/AN/A0%
Poland9.71.22.5N/A-49.2%
Others7.62.95.60.2-70.3%
Total2812353053073.0%

Top Suppliers of Aromatic Polyamines to Latvia in 2022:

  1. Germany (30.9 tons)
  2. Ukraine (3.0 tons)
  3. Estonia (0.8 tons)
  4. China (0.7 tons)

Aromatic Polyamines Exports in Latvia

Aromatic polyamines exports from Latvia dropped remarkably to 18 tons in 2022, with a decrease of -68.6% against 2021 figures. Over the period under review, exports saw a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 140%. As a result, the exports reached the peak of 57 tons, and then dropped notably in the following year.

In value terms, aromatic polyamines exports fell remarkably to $137K in 2022. In general, exports faced a deep slump. The growth pace was the most rapid in 2021 when exports increased by 97%. As a result, the exports attained the peak of $290K, and then fell markedly in the following year.

Export of Aromatic Polyamines in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
EstoniaN/A98.918586.5-6.5%
TogoN/AN/A10.427.8167.3%
United StatesN/AN/A1.46.2342.9%
United KingdomN/AN/A0.75.2642.9%
India1.30.21.43.336.4%
GhanaN/AN/AN/A2.10%
Nigeria56.117.937.2N/A-18.6%
GibraltarN/A16.6N/AN/A0%
Malta110N/AN/AN/A0%
Algeria19.6N/AN/AN/A0%
NetherlandsN/AN/A45.2N/A0%
Others36.013.48.86.0-45.0%
Total223147290137-15.0%

Top Export Markets for Aromatic Polyamines from Latvia in 2022:

  1. Estonia (9.6 tons)
  2. Togo (5.4 tons)
  3. United States (0.7 tons)
  4. United Kingdom (0.6 tons)
  5. Ghana (0.4 tons)
  6. India (0.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the aromatic polyamines market in Latvia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20144170 - Aromatic polyamines and their derivatives, salts thereof

Country coverage:

  • Latvia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Latvia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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