Price for Double or Complex Silicates in Latvia - 2023
Contents:
- Price for Double or Complex Silicates in Latvia (FOB) - 2022
- Price for Double or Complex Silicates in Latvia (CIF) - 2022
- Exports of Double or Complex Silicates in Latvia
- Imports of Double or Complex Silicates in Latvia
Price for Double or Complex Silicates in Latvia (FOB) - 2022
The average double or complex silicates export price stood at $4,237 per ton in 2022, with an increase of 39% against the previous year. Over the period under review, the export price showed a strong increase. The growth pace was the most rapid in 2017 when the average export price increased by 68% against the previous year. The export price peaked at $5,185 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($60,147 per ton), while the average price for exports to Estonia ($936 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 Italy (+27.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Double or Complex Silicates in Latvia (CIF) - 2022
In 2022, the average double or complex silicates import price amounted to $1,909 per ton, picking up by 24% against the previous year. Overall, the import price showed a notable expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 95% against the previous year. As a result, import price reached the peak level of $3,051 per ton. From 2018 to 2022, the average import prices failed to regain momentum.
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 Germany ($5,208 per ton), while the price for Poland ($1,497 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Double or Complex Silicates in Latvia
Double or complex silicates exports from Latvia soared to 113 tons in 2022, jumping by 66% against the year before. Overall, exports posted a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 85% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.
In value terms, double or complex silicates exports soared to $478K in 2022. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Double or Complex Silicates in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 122 | 110 | 108 | 287 | 33.0% |
| Belarus | 55.3 | 90.4 | 75.0 | 127 | 31.9% |
| Russia | 0.5 | 16.9 | N/A | 35.3 | 313.3% |
| Lithuania | 0.3 | 8.3 | 11.5 | 10.5 | 227.1% |
| Estonia | 4.4 | 8.7 | 8.9 | 6.0 | 10.9% |
| Others | 41.6 | N/A | 3.0 | 12.4 | -33.2% |
| Total | 224 | 234 | 207 | 478 | 28.7% |
Top Export Markets for Double or Complex Silicates from Latvia in 2022:
- Belarus (76.3 tons)
- Russia (17.3 tons)
- Lithuania (6.9 tons)
- Estonia (6.4 tons)
- France (4.8 tons)
Imports of Double or Complex Silicates in Latvia
Double or complex silicates imports into Latvia surged to 138 tons in 2022, increasing by 59% on 2021. Overall, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.0% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, double or complex silicates imports surged to $264K in 2022. Over the period under review, imports enjoyed a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Double or Complex Silicates in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 67.4 | 82.2 | 76.7 | 157 | 32.6% |
| Slovenia | N/A | 16.0 | N/A | 34.7 | 47.3% |
| Lithuania | 14.4 | 27.1 | 26.3 | 32.7 | 31.4% |
| United States | 12.0 | N/A | N/A | 16.1 | 10.3% |
| Germany | 16.7 | 53.0 | 15.6 | 9.3 | -17.7% |
| Poland | 0.3 | 0.4 | 3.2 | 4.1 | 139.1% |
| Russia | 2.4 | 3.4 | 1.8 | N/A | -13.4% |
| Others | 44.1 | 13.2 | 10.3 | 10.9 | -37.2% |
| Total | 157 | 195 | 134 | 264 | 18.9% |
Top Suppliers of Double or Complex Silicates to Latvia in 2022:
- Estonia (97.5 tons)
- Slovenia (16.7 tons)
- Lithuania (13.5 tons)
- United States (4.5 tons)
- Poland (2.7 tons)
- Germany (1.8 tons)
93
This report provides an in-depth analysis of the market for salts of inorganic acids or peroxoacids in Latvia.
749
This report provides an in-depth analysis of the global market for double or complex silicates.
103
This report provides an in-depth analysis of the global market for salts of inorganic acids or peroxoacids.
93
This report provides an in-depth analysis of the market for salts of inorganic acids or peroxoacids in Latvia.
749
This report provides an in-depth analysis of the global market for double or complex silicates.
103
This report provides an in-depth analysis of the global market for salts of inorganic acids or peroxoacids.
557
The global double or complex silicates market revenue amounted to $1.9B in 2018, approximately reflecting the...
557
The global double or complex silicates market revenue amounted to $1.9B in 2018, approximately reflecting the...
