Price for Fibres; Synthetic Filament Tow, of Polyesters in Latvia - 2023

Contents:

1. Price for Fibres; Synthetic Filament Tow, of Polyesters in Latvia (CIF) - 2022
2. Price for Fibres; Synthetic Filament Tow, of Polyesters in Latvia (FOB) - 2022
3. Imports of Fibres; Synthetic Filament Tow, of Polyesters in Latvia
4. Exports of Fibres; Synthetic Filament Tow, of Polyesters in Latvia

Price for Fibres; Synthetic Filament Tow, of Polyesters in Latvia (CIF) - 2022

In 2022, the average import price for fibres; synthetic filament tow, of polyesterses amounted to $8,669 per ton, waning by -14.4% against the previous year. Over the period under review, the import price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 an increase of 223% against the previous year. Over the period under review, average import prices hit record highs at $59,857 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Poland.

From 2012 to 2022, the rate of growth in terms of prices for Estonia amounted to +41.1% per year.

Price for Fibres; Synthetic Filament Tow, of Polyesters in Latvia (FOB) - 2022

The average export price for fibres; synthetic filament tow, of polyesterses stood at $4,551 per ton in 2022, approximately equating the previous year. Over the period under review, the export price saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when the average export price decreased by 99.9% against the previous year. The export price peaked at $7,669 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($5,688 per ton), while the average price for exports to the Netherlands totaled $200 per ton.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-83.9%).

Imports of Fibres; Synthetic Filament Tow, of Polyesters in Latvia

In 2022, approx. 3.7 tons of fibres; synthetic filament tow, of polyesterses were imported into Latvia; picking up by 56% against the year before. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 28,800%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of fibres; synthetic filament tow, of polyesterses skyrocketed to $32K in 2022. Overall, imports recorded significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 2,586%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

Top Suppliers of Fibres; Synthetic Filament Tow, of Polyesters to Latvia in 2022:

1. Poland (3.7 tons)

Exports of Fibres; Synthetic Filament Tow, of Polyesters in Latvia

In 2022, the amount of fibres; synthetic filament tow, of polyesterses exported from Latvia amounted to 603 kg, remaining stable against 2021 figures. In general, exports saw a pronounced expansion. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of fibres; synthetic filament tow, of polyesterses stood at $2.7K in 2022. Overall, exports showed a abrupt shrinkage. The smallest decline of 99.9% was in 2021.

Top Export Markets for Fibres; Synthetic Filament Tow, of Polyesters from Latvia in 2022:

1. Switzerland (478.0 kg)
2. Netherlands (125.0 kg)

Source: IndexBox Market Intelligence Platform