Price for Carbides, Whether or Not Chemically Defined in Latvia - 2023

Contents:

  1. Price for Carbides, Whether or Not Chemically Defined in Latvia (CIF) - 2022
  2. Price for Carbides, Whether or Not Chemically Defined in Latvia (FOB) - 2022
  3. Imports of Carbides, Whether or Not Chemically Defined in Latvia
  4. Exports of Carbides, Whether or Not Chemically Defined in Latvia

Price for Carbides, Whether or Not Chemically Defined in Latvia (CIF) - 2022

The average import price for carbides, whether or not chemically defineds stood at $6,654 per ton in 2022, jumping by 21% against the previous year. In general, the import price posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 148% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($8,381 per ton), while the price for Estonia ($1,500 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+21.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Carbides, Whether or Not Chemically Defined in Latvia (FOB) - 2022

The average export price for carbides, whether or not chemically defineds stood at $4,426 per ton in 2022, standing approx. at the previous year. Overall, the export price showed a drastic downturn. The pace of growth appeared the most rapid in 2013 an increase of 98% against the previous year. As a result, the export price attained the peak level of $25,662 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

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 -12.3% per year.

Imports of Carbides, Whether or Not Chemically Defined in Latvia

In 2022, approx. 4.1 tons of carbides, whether or not chemically defineds were imported into Latvia; waning by -54.2% against the year before. In general, imports continue to indicate a sharp reduction. The smallest decline of -38.1% was in 2020.

In value terms, imports of carbides, whether or not chemically defineds fell dramatically to $27K in 2022. Overall, imports continue to indicate a significant curtailment. The smallest decline of -11.9% was in 2021.

Import of Carbides, Whether or Not Chemically Defined in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/A1.434.723.4308.8%
Lithuania2.02.52.02.913.2%
Poland73.747.70.70.4-82.4%
France0.60.10.10.2-30.7%
Germany8.00.10.90.2-70.8%
Others0.74.010.60.1-47.7%
Total85.055.749.127.2-31.6%

Top Suppliers of Carbides, Whether or Not Chemically Defined to Latvia in 2022:

  1. United Kingdom (2796.0 kg)
  2. Lithuania (913.0 kg)
  3. Poland (150.0 kg)
  4. France (121.0 kg)
  5. Germany (59.0 kg)

Exports of Carbides, Whether or Not Chemically Defined in Latvia

In 2022, overseas shipments of carbides, whether or not chemically defineds decreased by 0% to 5.4 tons, falling for the second consecutive year after two years of growth. In general, exports recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 0.3% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of carbides, whether or not chemically defineds totaled $24K in 2022. Over the period under review, exports posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 35% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Carbides, Whether or Not Chemically Defined in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia1.2N/AN/A23.6169.9%
United KingdomN/A1.6N/AN/A0%
OthersN/AN/AN/A0.20%
Total1.21.6N/A23.7170.3%

Top Export Markets for Carbides, Whether or Not Chemically Defined from Latvia in 2022:

  1. Russia (5.4 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Carbides, whether or not chemically defined - Latvia