Latvia - Polycarbonates (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPolycarbonate Price in Latvia - 2023
Contents:
- Polycarbonate Price in Latvia (CIF) - 2022
- Polycarbonate Price in Latvia (FOB) - 2023
- Polycarbonate Imports in Latvia
- Polycarbonate Exports in Latvia
Polycarbonate Price in Latvia (CIF) - 2022
The average polycarbonate import price stood at $3,302 per ton in 2022, growing by 4.5% against the previous year. Over the period under review, the import price, however, saw a perceptible setback. The most prominent rate of growth was recorded in 2021 an increase of 72% against the previous year. The import price peaked at $4,028 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($6,471 per ton), while the price for Lithuania ($2,844 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+80.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Polycarbonate Price in Latvia (FOB) - 2023
In September 2023, the average polycarbonate export price amounted to $3,496 per ton, growing by 1.9% against the previous month. Over the period under review, export price indicated modest growth from September 2022 to September 2023: its price increased at an average monthly rate of +1.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, polycarbonate export price decreased by -24.0% against July 2023 indices. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 85% m-o-m. As a result, the export price reached the peak level of $5,673 per ton. From March 2023 to September 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was Serbia ($5,539 per ton), while the average price for exports to Sweden ($542 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.
Polycarbonate Imports in Latvia
For the fourth consecutive year, Latvia recorded growth in purchases abroad of polycarbonates (in primary forms), which increased by 3.3% to 6.4K tons in 2022. The total import volume increased at an average annual rate of +13.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 25% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, polycarbonate imports expanded rapidly to $21M in 2022. In general, imports saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 92%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the near future.
| Import of Polycarbonate in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 6.7 | 7.2 | 10.7 | 6.7 | 0.0% |
| South Korea | N/A | N/A | N/A | 4.3 | 0% |
| Belgium | 0.3 | 0.5 | 1.5 | 2.8 | 110.5% |
| Lithuania | N/A | 0.5 | 3.8 | 2.5 | 123.6% |
| Germany | 0.3 | 0.8 | 1.3 | 1.8 | 81.7% |
| France | 0.5 | 0.8 | 1.3 | 1.7 | 50.4% |
| China | N/A | N/A | N/A | 0.7 | 0% |
| Netherlands | 1.7 | 0.4 | N/A | N/A | -76.5% |
| Others | N/A | N/A | 1.0 | 0.6 | -40.0% |
| Total | 9.6 | 10.2 | 19.6 | 21.1 | 30.0% |
Top Suppliers of Polycarbonate to Latvia in 2022:
- Estonia (2182.1 tons)
- South Korea (1353.0 tons)
- Lithuania (882.5 tons)
- Belgium (687.9 tons)
- France (517.0 tons)
- Germany (478.1 tons)
- China (182.7 tons)
Polycarbonate Exports in Latvia
In 2022, after three years of growth, there was significant decline in shipments abroad of polycarbonates (in primary forms), when their volume decreased by -50.3% to 2.5K tons. Over the period under review, exports showed a abrupt descent. The pace of growth appeared the most rapid in 2020 when exports increased by 20%.
In value terms, polycarbonate exports shrank rapidly to $8.7M in 2022. In general, exports, however, enjoyed perceptible growth. The most prominent rate of growth was recorded in 2021 with an increase of 85%. As a result, the exports reached the peak of $15M, and then shrank remarkably in the following year.
| Export of Polycarbonate in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 7.3 | 7.2 | 13.8 | 5.3 | -10.1% |
| Poland | N/A | N/A | 0.1 | 0.8 | 700.0% |
| Lithuania | 0.2 | 0.4 | 0.5 | 0.8 | 58.7% |
| Uzbekistan | 0.1 | 0.1 | 0.2 | 0.5 | 71.0% |
| Czech Republic | N/A | N/A | 0.2 | 0.4 | 100.0% |
| Ukraine | N/A | 0.3 | 0.1 | 0.2 | -18.4% |
| Netherlands | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Others | N/A | 0.4 | 0.3 | 0.5 | 11.8% |
| Total | 7.5 | 8.4 | 15.5 | 8.7 | 5.1% |
Top Export Markets for Polycarbonate from Latvia in 2022:
- Belarus (1522.9 tons)
- Poland (261.8 tons)
- Lithuania (258.8 tons)
- Netherlands (120.0 tons)
- Czech Republic (108.0 tons)
- Uzbekistan (100.7 tons)
- Ukraine (57.2 tons)
This report provides an in-depth analysis of the polycarbonate 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 20164040 - Polycarbonates, in primary forms
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.
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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
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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
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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
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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
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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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