Latvia - Lactams From Heterocyclic Compounds - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLactam Price in Latvia - 2023
Contents:
- Lactam Price in Latvia (FOB) - 2022
- Lactam Price in Latvia (CIF) - 2022
- Lactam Exports in Latvia
- Lactam Imports in Latvia
Lactam Price in Latvia (FOB) - 2022
In 2022, the average lactam export price amounted to $270,540 per ton, declining by -7.2% against the previous year. Overall, the export price, however, recorded prominent growth. The growth pace was the most rapid in 2015 an increase of 77%. The export price peaked at $291,539 per ton in 2021, and then dropped in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($585,620 per ton), while the average price for exports to Russia ($52,256 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 Vietnam (+22.8%), while the prices for the other major destinations experienced more modest paces of growth.
Lactam Price in Latvia (CIF) - 2022
The average lactam import price stood at $66,547 per ton in 2022, reducing by -12.3% against the previous year. Overall, the import price, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2015 an increase of 150%. The import price peaked at $75,844 per ton in 2021, and then dropped in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($450,180 per ton), while the price for the Netherlands ($9,896 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+155.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Lactam Exports in Latvia
In 2022, approx. 13 tons of lactams from heterocyclic compounds were exported from Latvia; reducing by -30% compared with 2021 figures. Over the period under review, exports, however, recorded resilient growth. The pace of growth was the most pronounced in 2021 with an increase of 162% against the previous year. As a result, the exports reached the peak of 18 tons, and then dropped significantly in the following year.
In value terms, lactam exports reduced markedly to $3.5M in 2022. In general, exports, however, saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 164%. As a result, the exports reached the peak of $5.4M, and then declined dramatically in the following year.
| Export of Lactam in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Croatia | 242 | 719 | 3,200 | 1,356 | 77.6% |
| India | 175 | 95.8 | 578 | 986 | 77.9% |
| Germany | 160 | 301 | 456 | 412 | 37.1% |
| France | N/A | 364 | 311 | 162 | -33.3% |
| Belarus | 35.1 | 91.7 | 223 | 159 | 65.5% |
| Vietnam | 24.3 | 61.5 | 57.9 | 90.7 | 55.1% |
| Switzerland | 504 | 24.6 | 302 | 36.5 | -58.3% |
| Russia | 1.4 | 0.2 | 51.9 | 33.3 | 187.6% |
| Canada | 364 | N/A | N/A | N/A | 0% |
| Others | 209 | 384 | 203 | 259 | 7.4% |
| Total | 1,715 | 2,042 | 5,383 | 3,495 | 26.8% |
Top Export Markets for Lactam from Latvia in 2022:
- Croatia (6.3 tons)
- India (1.7 tons)
- Germany (1.4 tons)
- France (0.9 tons)
- Belarus (0.6 tons)
- Russia (0.6 tons)
- Vietnam (0.4 tons)
- Switzerland (0.2 tons)
Lactam Imports in Latvia
In 2022, supplies from abroad of lactams from heterocyclic compounds decreased by -14.6% to 12 tons, falling for the second consecutive year after two years of growth. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +15.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -20.6% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 94%. As a result, imports reached the peak of 15 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, lactam imports shrank dramatically to $810K in 2022. Overall, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 189% against the previous year. As a result, imports attained the peak of $1.1M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Lactam in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 30.4 | 1.3 | 62.8 | 211 | 90.8% |
| France | 0.6 | 672 | 325 | 170 | 556.8% |
| Ukraine | 236 | 294 | 375 | 72.8 | -32.4% |
| Netherlands | N/A | N/A | 0.6 | 61.2 | 10100.0% |
| China | 81.4 | 11.0 | 7.1 | 19.4 | -38.0% |
| Israel | N/A | 72.5 | 66.6 | 7.3 | -68.3% |
| Poland | N/A | N/A | 18.1 | 5.4 | -70.2% |
| Belgium | N/A | N/A | 4.7 | 4.8 | 2.1% |
| Denmark | 21.5 | 19.9 | 14.7 | N/A | -17.3% |
| Estonia | 3.7 | 17.2 | 14.5 | N/A | 98.0% |
| Others | 10.1 | 19.8 | 193 | 258 | 194.5% |
| Total | 383 | 1,108 | 1,082 | 810 | 28.4% |
Top Suppliers of Lactam to Latvia in 2022:
- Israel (undefined tons)
- Netherlands (6.2 tons)
- Germany (3.4 tons)
- Ukraine (1.3 tons)
- France (0.4 tons)
- China (0.3 tons)
- Belgium (0.2 tons)
- Poland (0.1 tons)
This report provides an in-depth analysis of the lactam 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 20145280 -
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Explore the top import markets for lactam in the world based on data from the IndexBox market intelligence platform. Learn about the key statistics and import values of countries such as Germany, Ireland, and the United States.
575
From 2010 to 2020, Germany boosted purchases abroad by thirteen times, from $0.5B to $6.8B, and became the world's leading lactam importer in value terms. The U.S. ($3.4B) and Italy ($1.4B) followed Germany. Most lactam supplies come to the global market from Belgium ($1.7B), Japan ($303M) and China ($367M), which became the fastest-growing lactam exporter in the past decade.
1133
In 2016, the global imports of compound amounted to X tons, going down by -X% against the previous year figure. In general, compound imports continue to indicate a slight decline. The pace of ...
652
In 2016, the global compound exports stood at X tons, coming down by -X% against the previous year level. In general, compound exports continue to indicate a relatively flat trend pattern. The ...
1587
In 2016, the global heterocyclic compound imports amounted to X tons, falling by -X% against the previous year level. Overall, heterocyclic compound imports continue to indicate a temperate de...
1300
In value terms, heterocyclic compounds exports stood at $X in 2016. In general, heterocyclic compounds exports continue to indicate a relatively flat trend pattern. Over the period under review, gl...
213
Explore the top import markets for lactam in the world based on data from the IndexBox market intelligence platform. Learn about the key statistics and import values of countries such as Germany, Ireland, and the United States.
575
From 2010 to 2020, Germany boosted purchases abroad by thirteen times, from $0.5B to $6.8B, and became the world's leading lactam importer in value terms. The U.S. ($3.4B) and Italy ($1.4B) followed Germany. Most lactam supplies come to the global market from Belgium ($1.7B), Japan ($303M) and China ($367M), which became the fastest-growing lactam exporter in the past decade.
1133
In 2016, the global imports of compound amounted to X tons, going down by -X% against the previous year figure. In general, compound imports continue to indicate a slight decline. The pace of ...
652
In 2016, the global compound exports stood at X tons, coming down by -X% against the previous year level. In general, compound exports continue to indicate a relatively flat trend pattern. The ...
