Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Latvia - 2023

Contents:

  1. Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Latvia (CIF) - 2022
  2. Imports of Cellulose Nitrates (Including Collodions); in Primary Forms in Latvia

Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Latvia (CIF) - 2022

In 2022, the average import price for cellulose nitrates (including collodions); in primary formses amounted to $4,424 per ton, with an increase of 16% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($5,330 per ton), while the price for Brazil ($3,128 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+1.6%), while the prices for the other major suppliers experienced a decline.

Imports of Cellulose Nitrates (Including Collodions); in Primary Forms in Latvia

In 2022, imports of cellulose nitrates (including collodions); in primary formses into Latvia reduced to 13 tons, falling by -14.5% against 2021 figures. In general, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 7.6% against the previous year.

In value terms, imports of cellulose nitrates (including collodions); in primary formses dropped modestly to $56K in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 14%.

Import of Cellulose Nitrates (Including Collodions); in Primary Forms in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech RepublicN/A3.36.639.9247.7%
Germany23.019.721.211.2-21.3%
Brazil34.326.528.64.7-48.4%
OthersN/A0.1N/A0.241.4%
Total57.349.656.456.0-0.8%

Top Suppliers of Cellulose Nitrates (Including Collodions); in Primary Forms to Latvia in 2022:

  1. Czech Republic (9.0 tons)
  2. Germany (2.1 tons)
  3. Brazil (1.5 tons)

Source: IndexBox Market Intelligence Platform

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