Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Latvia - 2023
Contents:
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Latvia (CIF) - 2022
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Latvia (FOB) - 2022
- Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Latvia
- Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Latvia
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Latvia (CIF) - 2022
In 2022, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $5,501 per ton, surging by 8.4% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 24%. Over the period under review, average import prices attained the peak figure at $5,543 per ton in 2012; afterwards, it flattened through to 2022.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($8,185 per ton), while the price for Hungary ($5,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+19.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Latvia (FOB) - 2022
In 2022, the average export price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $7,773 per ton, with a decrease of -5.8% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 23% against the previous year. As a result, the export price reached the peak level of $8,253 per ton, and then declined in the following year.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +5.0% per year.
Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Latvia
In 2022, approx. 8.1 tons of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms were imported into Latvia; with a decrease of -45.1% compared with the year before. Overall, imports showed a sharp shrinkage. The smallest decline of -2.5% was in 2020.
In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms dropped sharply to $44K in 2022. In general, imports faced a abrupt decline. The smallest decline of -2.7% was in 2020.
| Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 74.8 | 71.5 | 63.7 | 39.3 | -19.3% |
| Hungary | N/A | N/A | 3.5 | 2.7 | -22.9% |
| Lithuania | 4.6 | 5.7 | 6.8 | 1.9 | -25.5% |
| Others | N/A | N/A | 0.7 | 0.5 | -28.6% |
| Total | 79.4 | 77.3 | 74.7 | 44.5 | -17.6% |
Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm to Latvia in 2022:
- Germany (7.2 tons)
- Hungary (0.5 tons)
- Lithuania (0.3 tons)
Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Latvia
Exports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms from Latvia fell notably to 481 kg in 2022, reducing by -28% against the previous year's figure. Over the period under review, exports, however, saw a buoyant expansion. The growth pace was the most rapid in 2021 when exports increased by 127% against the previous year. As a result, the exports attained the peak of 668 kg, and then shrank notably in the following year.
In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms reduced notably to $3.7K in 2022. In general, exports, however, recorded a resilient expansion. The growth pace was the most rapid in 2021 with an increase of 180%. As a result, the exports reached the peak of $5.5K, and then fell rapidly in the following year.
| Export of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1.1 | 1.8 | 5.4 | 3.7 | 49.8% |
| France | N/A | 0.1 | N/A | N/A | 0% |
| Estonia | 0.5 | N/A | N/A | N/A | 0% |
| Georgia | 1.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 2.6 | 2.0 | 5.5 | 3.7 | 12.5% |
Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm from Latvia in 2022:
- Russia (481.0 kg)
160
This report provides an in-depth analysis of the aluminium alloy wire market in Latvia.
637
This report provides an in-depth analysis of the global aluminium alloy wire market.
160
This report provides an in-depth analysis of the aluminium alloy wire market in Latvia.
403
Global Non-Alloy Aluminium Wire Market Report 2018. This report provides an in-depth analysis of the global non-alloy aluminium wire market.
637
This report provides an in-depth analysis of the global aluminium alloy wire market.
Nothing found. Please try again.
