O-Acetylsalicylic Acid Price in Latvia - 2023
Contents:
O-Acetylsalicylic Acid Price in Latvia (CIF) - 2022
The average o-acetylsalicylic acid import price stood at $12,534 per ton in 2022, increasing by 13% against the previous year. Overall, the import price saw a remarkable increase. The growth pace was the most rapid in 2019 when the average import price increased by 59% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($6,711 per ton), while the price for Germany totaled $6,579 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+3.2%), while the prices for the other major suppliers experienced a decline.
O-Acetylsalicylic Acid Imports in Latvia
In 2022, the amount of o-acetylsalicylic acid, its salts and esters imported into Latvia surged to 1.1 tons, growing by 58% against the previous year's figure. Overall, imports, however, continue to indicate a mild shrinkage.
In value terms, o-acetylsalicylic acid imports skyrocketed to $14K in 2022. Over the period under review, imports saw a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of O-Acetylsalicylic Acid in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 14.0 | 7.1 | 7.7 | 7.5 | -18.8% |
| Germany | N/A | 0.1 | N/A | 0.1 | 0.0% |
| China | N/A | N/A | 0.4 | N/A | 0% |
| Others | N/A | N/A | N/A | 6.7 | 0% |
| Total | 14.0 | 7.1 | 8.1 | 14.3 | 0.7% |
Top Suppliers of O-Acetylsalicylic Acid to Latvia in 2022:
- Poland (1123.0 kg)
- Germany (19.0 kg)
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