Latvia - Iodine, Fluorine And Bromine - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 4, 2024

Latvia - Iodine, Fluorine And Bromine - Market Analysis, Forecast, Size, Trends And Insights

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Price for Iodine, Fluorine and Bromine in Latvia - 2023

Contents:

  1. Price for Iodine, Fluorine and Bromine in Latvia (CIF) - 2022
  2. Price for Iodine, Fluorine and Bromine in Latvia (FOB) - 2022
  3. Imports of Iodine, Fluorine and Bromine in Latvia
  4. Exports of Iodine, Fluorine and Bromine in Latvia

Price for Iodine, Fluorine and Bromine in Latvia (CIF) - 2022

The average iodine, fluorine and bromine import price stood at $67,610 per ton in 2022, surging by 22% against the previous year. Overall, the import price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2017 an increase of 506%. The import price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($95,111 per ton), while the price for Austria ($9,182 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+29.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iodine, Fluorine and Bromine in Latvia (FOB) - 2022

The average iodine, fluorine and bromine export price stood at $52,954 per ton in 2022, falling by -10.7% against the previous year. In general, the export price, however, posted significant growth. The pace of growth was the most pronounced in 2017 when the average export price increased by 150% against the previous year. Over the period under review, the average export prices attained the peak figure at $59,322 per ton in 2021, and then declined in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($59,378 per ton), while the average price for exports to Germany amounted to $2,171 per ton.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+17.1%).

Imports of Iodine, Fluorine and Bromine in Latvia

In 2022, overseas purchases of iodine, fluorine and bromine decreased by -85.2% to 210 kg, falling for the second consecutive year after two years of growth. In general, imports saw a dramatic slump. The most prominent rate of growth was recorded in 2020 when imports increased by 71% against the previous year. As a result, imports reached the peak of 2.4 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, iodine, fluorine and bromine imports contracted rapidly to $14K in 2022. Over the period under review, imports continue to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2020 with an increase of 129% against the previous year. As a result, imports reached the peak of $99K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Iodine, Fluorine and Bromine in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium41.696.077.513.2-31.8%
Germany1.32.00.20.9-11.5%
AustriaN/AN/A0.10.10.0%
Others0.10.81.00.10.0%
Total43.098.778.714.2-30.9%

Top Suppliers of Iodine, Fluorine and Bromine to Latvia in 2022:

  1. Belgium (189.0 kg)
  2. Austria (11.0 kg)
  3. Germany (9.0 kg)

Exports of Iodine, Fluorine and Bromine in Latvia

Iodine, fluorine and bromine exports from Latvia expanded remarkably to 677 kg in 2022, picking up by 13% compared with 2021. Overall, exports, however, continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2020 with an increase of 100%. As a result, the exports reached the peak of 2.4 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, iodine, fluorine and bromine exports totaled $36K in 2022. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 180% against the previous year. As a result, the exports reached the peak of $99K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Iodine, Fluorine and Bromine in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine35.198.635.635.60.5%
Germany0.1N/AN/A0.226.0%
OthersN/AN/AN/A0.10%
Total35.298.635.635.90.7%

Top Export Markets for Iodine, Fluorine and Bromine from Latvia in 2022:

  1. Ukraine (600.0 kg)
  2. Germany (76.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for iodine, fluorine and bromine 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 20132116 - Iodine, fluorine, bromine

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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