Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Latvia - 2023
Contents:
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Latvia (CIF) - 2022
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Latvia (FOB) - 2022
- Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Latvia
- Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Latvia
Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Latvia (CIF) - 2022
The average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol stood at $20,365 per ton in 2022, rising by 2.3% against the previous year. In general, the import price, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2019 an increase of 33% against the previous year. The import price peaked at $42,226 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 Germany ($49,471 per ton), while the price for Italy ($14,247 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Latvia (FOB) - 2022
The average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol stood at $24,912 per ton in 2022, reducing by -7.2% against the previous year. Overall, the export price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2019 when the average export price increased by 44% against the previous year. Over the period under review, the average export prices attained the maximum at $46,890 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($32,002 per ton), while the average price for exports to Russia amounted to $21,478 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+0.3%), while the prices for the other major destinations experienced a decline.
Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Latvia
Imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol into Latvia skyrocketed to 10 tons in 2022, growing by 38% compared with the year before. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 100%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol surged to $205K in 2022. In general, imports, however, continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 68%.
| Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 11.7 | 7.6 | 21.0 | 138 | 127.6% |
| Netherlands | N/A | N/A | 102 | 52.0 | -49.0% |
| Italy | 9.7 | 2.3 | 10.7 | 10.7 | 3.3% |
| Germany | 44.6 | 1.3 | 0.8 | 3.1 | -58.9% |
| United Kingdom | 198 | 56.5 | N/A | N/A | -71.5% |
| India | 20.8 | 14.1 | 6.2 | N/A | -45.4% |
| Others | 5.9 | 4.4 | 4.4 | 1.7 | -34.0% |
| Total | 291 | 86.3 | 145 | 205 | -11.0% |
Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol to Latvia in 2022:
- Spain (6.6 tons)
- Netherlands (2.6 tons)
- Italy (0.8 tons)
- Germany (0.1 tons)
Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Latvia
In 2022, approx. 6.4 tons of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol were exported from Latvia; with an increase of 20% compared with 2021. In general, exports, however, recorded a noticeable decline. The most prominent rate of growth was recorded in 2021 when exports increased by 103%.
In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol expanded notably to $160K in 2022. Over the period under review, exports, however, continue to indicate a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by 104%.
| Export of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 36.3 | 0.5 | 6.7 | 92.5 | 36.6% |
| Belarus | 236 | 35.4 | 93.1 | 67.2 | -34.2% |
| Ukraine | 17.7 | 34.5 | 43.8 | N/A | 57.3% |
| Others | 0.3 | 0.2 | 0.1 | 0.3 | 0.0% |
| Total | 290 | 70.6 | 144 | 160 | -18.0% |
Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol from Latvia in 2022:
- Russia (4.3 tons)
- Belarus (2.1 tons)
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