Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Latvia - 2023

Contents:

1. Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Latvia (CIF) - 2023
2. Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Latvia (FOB) - 2022
3. Imports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Latvia
4. Exports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Latvia

Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Latvia (CIF) - 2023

The average import price for acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses stood at $1,544 per ton in September 2023, growing by 2.3% against the previous month. Over the period under review, the import price, however, recorded a noticeable downturn. The import price peaked at $1,857 per ton in December 2022; however, from January 2023 to September 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Poland ($3,405 per ton), while the price for Belgium ($1,475 per ton) was amongst the lowest.

From December 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Poland (+1.9%), while the prices for the other major suppliers experienced a decline.

Price for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Latvia (FOB) - 2022

In 2022, the average export price for acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses amounted to $2,511 per ton, with an increase of 24% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 52% against the previous year. The export price peaked at $2,619 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($2,696 per ton), while the average price for exports to Estonia ($2,311 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+26.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Latvia

In 2022, overseas purchases of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses decreased by -36.8% to 485 tons, falling for the second year in a row after two years of growth. In general, imports saw a abrupt contraction. The growth pace was the most rapid in 2020 when imports increased by 40%. As a result, imports attained the peak of 797 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses contracted notably to $1M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +8.7% 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 +28.3% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 55%. As a result, imports reached the peak of $1.4M, and then declined sharply in the following year.

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates to Latvia in 2022:

1. Germany (358.5 tons)
2. Netherlands (111.1 tons)
3. Poland (11.5 tons)
4. Czech Republic (3.6 tons)
5. Belgium (0.3 tons)
6. Lithuania (0.1 tons)

Exports of Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates in Latvia

After three years of growth, overseas shipments of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses decreased by -31.4% to 138 tons in 2022. Over the period under review, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 68%.

In value terms, exports of acids; aromatic polycarboxylic acids; dinonyl or didecyl orthophthalateses fell notably to $346K in 2022. Overall, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 146% against the previous year. As a result, the exports reached the peak of $407K, and then contracted rapidly in the following year.

Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Dinonyl or Didecyl Orthophthalates from Latvia in 2022:

1. Uzbekistan (99.7 tons)
2. Estonia (38.0 tons)

Source: IndexBox Market Intelligence Platform