Ketone-Alcohols and Ketone-Aldehydes Price in Latvia - 2023

Contents:

  1. Ketone-Alcohols and Ketone-Aldehydes Price in Latvia (CIF) - 2022
  2. Ketone-Alcohols and Ketone-Aldehydes Price in Latvia (FOB) - 2022
  3. Ketone-Alcohols and Ketone-Aldehydes Imports in Latvia
  4. Ketone-Alcohols and Ketone-Aldehydes Exports in Latvia

Ketone-Alcohols and Ketone-Aldehydes Price in Latvia (CIF) - 2022

In 2022, the average ketone-alcohols and ketone-aldehydes import price amounted to $9,761 per ton, surging by 3.4% against the previous year. Over the period under review, the import price continues to indicate buoyant growth. The growth pace was the most rapid in 2013 an increase of 82%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

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 Lithuania ($33,160 per ton), while the price for the Netherlands ($9,712 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+27.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Ketone-Alcohols and Ketone-Aldehydes Price in Latvia (FOB) - 2022

The average ketone-alcohols and ketone-aldehydes export price stood at $6,389 per ton in 2022, with an increase of 52% against the previous year. In general, the export price saw a relatively flat trend pattern. The export price peaked at $9,467 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($76,000 per ton), while the average price for exports to Belarus ($3,689 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+41.3%), while the prices for the other major destinations experienced mixed trend patterns.

Ketone-Alcohols and Ketone-Aldehydes Imports in Latvia

Ketone-alcohols and ketone-aldehydes imports into Latvia soared to 33 tons in 2022, with an increase of 231% compared with the previous year's figure. Overall, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, ketone-alcohols and ketone-aldehydes imports soared to $321K in 2022. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Ketone-Alcohols and Ketone-Aldehydes in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands68.687.179.930664.6%
Germany11.10.13.412.84.9%
BelgiumN/A5.7N/AN/A0%
Others18.50.410.22.0-52.4%
Total98.193.393.632148.5%

Top Suppliers of Ketone-Alcohols and Ketone-Aldehydes to Latvia in 2022:

  1. Netherlands (31.5 tons)
  2. Germany (1.1 tons)

Ketone-Alcohols and Ketone-Aldehydes Exports in Latvia

In 2022, after two years of decline, there was significant growth in shipments abroad of ketone-alcohols and ketone-aldehydeses, when their volume increased by 2,960% to 31 tons. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, ketone-alcohols and ketone-aldehydes exports soared to $198K in 2022. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Ketone-Alcohols and Ketone-Aldehydes in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia0.60.1N/A116478.2%
Belarus9.44.12.278.8103.1%
Others0.20.72.14.1173.7%
Total10.24.94.3198168.8%

Top Export Markets for Ketone-Alcohols and Ketone-Aldehydes from Latvia in 2022:

  1. Belarus (21.4 tons)
  2. Russia (9.3 tons)

Source: IndexBox Market Intelligence Platform

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