Latvia - Compounds With Other Nitrogen Function (Excluding Isocyanates) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Compounds with Other Nitrogen Function in Latvia - 2023
Contents:
- Price for Compounds with Other Nitrogen Function in Latvia (FOB) - 2022
- Price for Compounds with Other Nitrogen Function in Latvia (CIF) - 2022
- Exports of Compounds with Other Nitrogen Function in Latvia
- Imports of Compounds with Other Nitrogen Function in Latvia
Price for Compounds with Other Nitrogen Function in Latvia (FOB) - 2022
The average export price for compounds with other nitrogen function (excluding isocyanates) stood at $25,435 per ton in 2022, jumping by 83% against the previous year. Overall, the export price saw a buoyant expansion. The most prominent rate of growth was recorded in 2013 an increase of 125% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($238,917 per ton), while the average price for exports to Italy ($9,678 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 the United States (+201.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Compounds with Other Nitrogen Function in Latvia (CIF) - 2022
The average import price for compounds with other nitrogen function (excluding isocyanates) stood at $12,500 per ton in 2022, jumping by 42% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $14,336 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Lithuania ($13,661 per ton), while the price for Poland ($7,612 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+9.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Compounds with Other Nitrogen Function in Latvia
Compounds with other nitrogen function exports from Latvia surged to 19 tons in 2022, growing by 50% against 2021 figures. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 66% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, compounds with other nitrogen function exports soared to $472K in 2022. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Compounds with Other Nitrogen Function in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.4 | 16.9 | 57.7 | 215 | 265.6% |
| United States | 1.3 | N/A | N/A | 212 | 446.3% |
| United Kingdom | N/A | 1.4 | 30.0 | 10.0 | 167.3% |
| Italy | 23.9 | 16.4 | 19.2 | 8.5 | -29.1% |
| Switzerland | 11.2 | 11.4 | 20.6 | 7.8 | -11.4% |
| India | 7.4 | 12.2 | 6.2 | 5.2 | -11.1% |
| Romania | 22.6 | 21.3 | 16.9 | 4.7 | -40.8% |
| Sweden | 3.7 | 6.5 | 2.4 | 2.2 | -15.9% |
| Japan | 4.3 | 3.7 | 9.2 | 2.1 | -21.3% |
| Finland | 2.9 | 3.0 | 3.2 | N/A | 5.0% |
| Others | 6.7 | 5.2 | 6.3 | 3.9 | -16.5% |
| Total | 88.3 | 98.1 | 171 | 472 | 74.8% |
Top Export Markets for Compounds with Other Nitrogen Function from Latvia in 2022:
- Germany (15.2 tons)
- United States (0.9 tons)
- Italy (0.9 tons)
- Romania (0.5 tons)
- India (0.4 tons)
- Sweden (0.2 tons)
- Switzerland (0.2 tons)
- United Kingdom (0.1 tons)
- Japan (0.1 tons)
Imports of Compounds with Other Nitrogen Function in Latvia
In 2022, supplies from abroad of compounds with other nitrogen function (excluding isocyanates) decreased by -74.2% to 24 tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a precipitous decline. The growth pace was the most rapid in 2020 with an increase of 16%. As a result, imports attained the peak of 115 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, compounds with other nitrogen function imports contracted rapidly to $295K in 2022. Over the period under review, imports recorded a dramatic descent. The pace of growth appeared the most rapid in 2020 when imports increased by 33% against the previous year. As a result, imports reached the peak of $843K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Compounds with Other Nitrogen Function in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 391 | 606 | 559 | 140 | -29.0% |
| Lithuania | 155 | 157 | 171 | 122 | -7.7% |
| Poland | 75.5 | 70.0 | 55.3 | 23.7 | -32.0% |
| Others | 11.3 | 10.6 | 16.9 | 8.2 | -10.1% |
| Total | 633 | 843 | 803 | 295 | -22.5% |
Top Suppliers of Compounds with Other Nitrogen Function to Latvia in 2022:
- Ukraine (11.3 tons)
- Lithuania (9.0 tons)
- Poland (3.1 tons)
This report provides an in-depth analysis of the market for compounds with other nitrogen function 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 20144490 - Compounds with other nitrogen function (excluding isocyanates)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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