Latvia - Activated Natural Mineral Products - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Latvia - Activated Natural Mineral Products - Market Analysis, Forecast, Size, Trends And Insights

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Price for Activated Natural Mineral Products in Latvia - 2023

Contents:

  1. Price for Activated Natural Mineral Products in Latvia (FOB) - 2022
  2. Price for Activated Natural Mineral Products in Latvia (CIF) - 2022
  3. Exports of Activated Natural Mineral Products in Latvia
  4. Imports of Activated Natural Mineral Products in Latvia

Price for Activated Natural Mineral Products in Latvia (FOB) - 2022

The average activated natural mineral products export price stood at $877 per ton in 2022, with a decrease of -57.8% against the previous year. Overall, the export price, however, saw a perceptible expansion. The most prominent rate of growth was recorded in 2013 an increase of 98%. Over the period under review, the average export prices hit record highs at $3,237 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($3,884 per ton), while the average price for exports to Kazakhstan ($659 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+134.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Activated Natural Mineral Products in Latvia (CIF) - 2022

In 2022, the average activated natural mineral products import price amounted to $1,714 per ton, rising by 2.8% against the previous year. Over the period under review, the import price saw a resilient increase. The pace of growth was the most pronounced in 2020 an increase of 148% against the previous year. As a result, import price reached the peak level of $2,210 per ton. From 2021 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($14,399 per ton), while the price for Sweden ($361 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+35.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Activated Natural Mineral Products in Latvia

In 2022, the amount of activated natural mineral products exported from Latvia soared to 899 tons, increasing by 38% compared with 2021. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 293%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, activated natural mineral products exports shrank remarkably to $789K in 2022. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 469%.

Export of Activated Natural Mineral Products in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KazakhstanN/AN/AN/A5190%
Russia1821,1951,217168-2.6%
Estonia28.533.930.446.918.1%
BelarusN/A21.131.925.08.9%
Lithuania21.173.871.213.6-13.6%
Others1.74.65.016.4112.9%
Total2331,3281,35578950.2%

Top Export Markets for Activated Natural Mineral Products from Latvia in 2022:

  1. Kazakhstan (787.8 tons)
  2. Russia (55.6 tons)
  3. Estonia (31.3 tons)
  4. Lithuania (13.9 tons)
  5. Belarus (6.4 tons)

Imports of Activated Natural Mineral Products in Latvia

After three years of growth, overseas purchases of activated natural mineral products decreased by -3% to 535 tons in 2022. Overall, imports, however, showed significant growth. The growth pace was the most rapid in 2021 with an increase of 57% against the previous year. As a result, imports attained the peak of 551 tons, and then shrank slightly in the following year.

In value terms, activated natural mineral products imports shrank slightly to $917K in 2022. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 265%.

Import of Activated Natural Mineral Products in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain1.83.61.8519560.6%
Italy18.141570610981.9%
Germany81.711010189.53.1%
Austria1.4N/A7.175.3277.5%
Sweden36.321.625.423.9-13.0%
Russia17.320.838.620.86.3%
NetherlandsN/A14.02.020.420.7%
Czech RepublicN/A146N/AN/A0%
Others56.948.137.358.61.0%
Total21377891991762.7%

Top Suppliers of Activated Natural Mineral Products to Latvia in 2022:

  1. Spain (281.7 tons)
  2. Sweden (66.0 tons)
  3. Italy (40.4 tons)
  4. Austria (33.1 tons)
  5. Germany (33.1 tons)
  6. Netherlands (22.0 tons)
  7. Russia (21.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for activated natural mineral products 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 20147120 - Activated natural mineral products, animal black

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Activated Natural Mineral Products - Latvia