Report Update: May 1, 2024

Latvia - Non-Electrical Articles Of Graphite Or Other Carbon - Market Analysis, Forecast, Size, Trends And Insights

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Graphite Non-Electrical Articles Price in Latvia - 2022

Graphite Non-Electrical Articles Price in Latvia (CIF) - 2022

The average graphite non-electrical articles import price stood at $42,072 per ton in 2022, waning by -2.1% against the previous year. Overall, the import price, however, recorded a tangible increase. The pace of growth appeared the most rapid in 2015 when the average import price increased by 74%. Over the period under review, average import prices attained the peak figure at $55,652 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($431,394 per ton), while the price for Estonia ($8,110 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Graphite Non-Electrical Articles Price in Latvia (FOB) - 2022

The average graphite non-electrical articles export price stood at $62,732 per ton in 2022, shrinking by -8.2% against the previous year. In general, the export price, however, showed prominent growth. The pace of growth appeared the most rapid in 2014 when the average export price increased by 108%. As a result, the export price attained the peak level of $93,071 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($121,877 per ton), while the average price for exports to Russia ($51,029 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 Uzbekistan (+19.4%), while the prices for the other major destinations experienced more modest paces of growth.

Graphite Non-Electrical Articles Imports in Latvia

In 2022, supplies from abroad of non-electrical articles of graphite or other carbon decreased by -0.5% to 29 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +10.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 35%.

In value terms, graphite non-electrical articles imports fell slightly to $1.2M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +19.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.6% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 66%.

Import of Graphite Non-Electrical Articles in Latvia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Finland	94.9	162	217	190	26.0%
Germany	169	186	216	188	3.6%
United Kingdom	9.6	16.4	180	157	153.8%
Norway	61.6	63.8	83.4	72.7	5.7%
Lithuania	9.9	15.7	74.5	65.0	87.3%
Poland	49.1	33.4	72.0	62.8	8.5%
Italy	9.2	195	7.1	60.5	87.4%
Czech Republic	10.3	76.7	65.0	56.7	76.6%
Turkey	55.3	29.7	60.8	53.0	-1.4%
Denmark	46.8	68.2	24.6	40.0	-5.1%
Switzerland	13.3	71.9	0.6	24.6	22.8%
Estonia	43.8	12.3	12.0	19.5	-23.6%
Others	152	274	255	247	17.6%
Total	725	1,205	1,269	1,237	19.5%

Top Suppliers of Graphite Non-Electrical Articles to Latvia in 2022:

United Kingdom (5.6 tons)
Germany (4.1 tons)
Finland (2.5 tons)
Estonia (2.4 tons)
Italy (2.0 tons)
Lithuania (2.0 tons)
Poland (1.9 tons)
Norway (1.9 tons)
Denmark (1.5 tons)
Turkey (1.4 tons)
Czech Republic (1.3 tons)
Switzerland (1.1 tons)

Graphite Non-Electrical Articles Exports in Latvia

In 2022, approx. 5.8 tons of non-electrical articles of graphite or other carbon were exported from Latvia; picking up by 10% against the previous year's figure. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 575%. As a result, the exports attained the peak of 8.2 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, graphite non-electrical articles exports stood at $366K in 2022. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 239%. As a result, the exports attained the peak of $370K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Graphite Non-Electrical Articles in Latvia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	25.1	300	165	228	108.7%
Belarus	7.2	39.4	49.5	68.5	111.9%
Lithuania	45.2	8.4	21.7	33.8	-9.2%
Estonia	17.0	6.7	17.6	24.4	12.8%
Uzbekistan	13.7	2.3	6.2	10.0	-10.0%
Denmark	N/A	N/A	77.1	N/A	0%
Others	0.9	12.2	25.4	0.7	-8.0%
Total	109	370	362	366	49.7%

Top Export Markets for Graphite Non-Electrical Articles from Latvia in 2022:

Russia (4477.0 kg)
Belarus (562.0 kg)
Lithuania (353.0 kg)
Estonia (329.0 kg)
Uzbekistan (100.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the graphite non-electrical articles 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 23991970 - Non-electrical articles of graphite or other carbon

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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