Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Latvia - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Latvia (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Latvia (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Latvia
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Latvia
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Latvia (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; vinyl acetates stood at $23,500 per ton in 2022, picking up by 122% against the previous year. Overall, the import price saw significant growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 1,111% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.
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 the Netherlands ($35,000 per ton), while the price for Ukraine stood at $12,000 per ton.
From 2016 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+279.4%).
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Latvia (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; vinyl acetates stood at $25,000 per ton in 2022, reducing by -31.5% against the previous year. Overall, the export price faced a sharp downturn. The export price peaked at $36,500 per ton in 2021, and then contracted markedly in the following year.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2021 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -31.5% per year.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Latvia
For the third year in a row, Latvia recorded decline in overseas purchases of acids; saturated acyclic monocarboxylic acids; vinyl acetates, which decreased by -86.7% to 2 kg in 2022. In general, imports showed a dramatic shrinkage. The smallest decline of -6.2% was in 2021.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; vinyl acetates contracted significantly to $47 in 2022. Over the period under review, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 1,036%. As a result, imports attained the peak of $159, and then fell dramatically in the following year.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Latvia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | N/A | 35.0 | 0% |
| Ukraine | N/A | N/A | 1.0 | 12.0 | 1100.0% |
| Belgium | 60.0 | 14.0 | 1.0 | N/A | -87.1% |
| United Kingdom | N/A | N/A | 157 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 60.0 | 14.0 | 159 | 47.0 | -7.8% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate to Latvia in 2022:
- Ukraine (1.0 kg)
- Netherlands (1.0 kg)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Latvia
Exports of acids; saturated acyclic monocarboxylic acids; vinyl acetates from Latvia fell dramatically to 1 kg in 2022, waning by -50% on 2021 figures. Overall, exports saw a sharp shrinkage.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; vinyl acetates fell dramatically to $25 in 2022. Over the period under review, exports showed a sharp downturn.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Latvia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Netherlands | 73.0 | 25.0 | -65.8% | ||
| Others | N/A | N/A | 0% | ||
| Total | 73.0 | 25.0 | -65.8% | ||
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate from Latvia in 2022:
- Netherlands (1.0 kg)
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