Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Latvia - 2023

Contents:

  1. Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Latvia (CIF) - 2022
  2. Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Latvia (FOB) - 2022
  3. Imports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Latvia
  4. Exports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Latvia

Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Latvia (CIF) - 2022

The average import price for cyclic hydrocarbons; mixed xylene isomerses stood at $2,434 per ton in 2022, with an increase of 1.9% against the previous year. In general, the import price enjoyed a strong expansion. The pace of growth appeared the most rapid in 2014 when the average import price increased by 139%. As a result, import price reached the peak level of $4,055 per ton. From 2015 to 2022, the average 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 ($5,378 per ton), while the price for Poland ($1,767 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Latvia (FOB) - 2022

In 2021, the average export price for cyclic hydrocarbons; mixed xylene isomerses amounted to $15,743 per ton, surging by 95% against the previous year. Over the period under review, the export price recorded a significant increase. The growth pace was the most rapid in 2017 an increase of 307%. Over the period under review, the average export prices reached the peak figure at $16,127 per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Russia ($24,222 per ton), while the average price for exports to Lithuania amounted to $6,000 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+32.2%).

Imports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Latvia

In 2022, purchases abroad of cyclic hydrocarbons; mixed xylene isomerses decreased by -33.9% to 3 tons, falling for the second year in a row after two years of growth. Overall, imports faced a dramatic decrease. The growth pace was the most rapid in 2020 with an increase of 34% against the previous year. As a result, imports attained the peak of 13 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, cyclic hydrocarbons; mixed xylene isomers imports shrank notably to $7.3K in 2022. In general, imports saw a sharp descent. The most prominent rate of growth was recorded in 2020 when imports increased by 40%. As a result, imports reached the peak of $30K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Cyclic Hydrocarbons; Mixed Xylene Isomers in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FinlandN/AN/A0.13.73600.0%
Poland15.87.64.22.7-44.5%
Estonia5.22.00.90.5-54.2%
Germany0.41.11.50.57.7%
LithuaniaN/A17.34.3N/A-75.1%
NetherlandsN/A1.9N/AN/A0%
OthersN/A0.1N/AN/A0%
Total21.430.110.97.3-30.1%

Top Suppliers of Cyclic Hydrocarbons; Mixed Xylene Isomers to Latvia in 2022:

  1. Poland (1513.0 kg)
  2. Finland (1247.0 kg)
  3. Estonia (160.0 kg)
  4. Germany (98.0 kg)

Exports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Latvia

In 2021, after two years of growth, there was significant decline in shipments abroad of cyclic hydrocarbons; mixed xylene isomerses, when their volume decreased by -37.3% to 101 kg. Overall, exports, however, showed a buoyant increase. The growth pace was the most rapid in 2020 when exports increased by 109% against the previous year. As a result, the exports reached the peak of 161 kg, and then contracted remarkably in the following year.

In value terms, cyclic hydrocarbons; mixed xylene isomers exports skyrocketed to $1.6K in 2021. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 177% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Export of Cyclic Hydrocarbons; Mixed Xylene Isomers in Latvia (USD)
COUNTRY201920202021CAGR,
2019-2021
Russia1326811,308214.8%
Lithuania337619282-8.5%
OthersN/AN/AN/A0%
Total4691,3001,59084.1%

Top Export Markets for Cyclic Hydrocarbons; Mixed Xylene Isomers from Latvia in 2022:

  1. Russia (54.0 kg)
  2. Lithuania (47.0 kg)
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