Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Latvia - 2023
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Latvia (CIF) - 2022
- Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Latvia (FOB) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Latvia
- Exports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Latvia
Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Latvia (CIF) - 2022
In 2022, the average import price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses amounted to $2,258 per ton, picking up by 3.8% against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average import price increased by 121%. As a result, import price attained the peak level of $3,274 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
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 Germany ($12,361 per ton), while the price for India ($2,049 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+19.2%), while the prices for the other major suppliers experienced a decline.
Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Latvia (FOB) - 2022
In 2022, the average export price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses amounted to $2,735 per ton, increasing by 11% against the previous year. In general, the export price saw a temperate increase. The export price peaked at $4,356 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
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 Moldova ($4,546 per ton), while the average price for exports to Germany totaled $2,319 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+22.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Latvia
In 2022, approx. 108 tons of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses were imported into Latvia; jumping by 220% compared with the year before. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses surged to $245K in 2022. Overall, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 78.7 | 12.0 | 53.5 | 175 | 30.5% |
| India | N/A | N/A | N/A | 41.0 | 0% |
| Netherlands | N/A | N/A | 18.5 | 25.2 | 36.2% |
| Germany | 13.9 | 8.0 | 1.8 | 2.8 | -41.4% |
| Others | N/A | 4.8 | 0.1 | 0.6 | -64.6% |
| Total | 92.6 | 24.8 | 73.8 | 245 | 38.3% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids to Latvia in 2022:
- Spain (77.0 tons)
- India (20.0 tons)
- Netherlands (11.3 tons)
- Germany (0.2 tons)
Exports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Latvia
In 2022, after two years of growth, there was significant decline in shipments abroad of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses, when their volume decreased by -26.2% to 695 kg. Over the period under review, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 319%. As a result, the exports attained the peak of 942 kg, and then plummeted in the following year.
In value terms, exports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses contracted dramatically to $1.9K in 2022. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 136% against the previous year. As a result, the exports attained the peak of $2.3K, and then reduced remarkably in the following year.
| Export of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Germany | N/A | 1.9 | 1.3 | -31.6% | |
| Moldova | 1.0 | 0.4 | 0.6 | -22.5% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 1.0 | 2.3 | 1.9 | 37.8% | |
Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids from Latvia in 2022:
- Germany (565.0 kg)
- Moldova (130.0 kg)
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