Price for Ketone-Phenols and Ketones with Other Oxygen Function in Latvia - 2023
Contents:
- Price for Ketone-Phenols and Ketones with Other Oxygen Function in Latvia (CIF) - 2022
- Price for Ketone-Phenols and Ketones with Other Oxygen Function in Latvia (FOB) - 2022
- Imports of Ketone-Phenols and Ketones with Other Oxygen Function in Latvia
- Exports of Ketone-Phenols and Ketones with Other Oxygen Function in Latvia
Price for Ketone-Phenols and Ketones with Other Oxygen Function in Latvia (CIF) - 2022
The average import price for ketone-phenols and ketones with other oxygen functia stood at $25,920 per ton in 2022, with a decrease of -18.2% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 31% against the previous year. The import price peaked at $31,682 per ton in 2021, and then dropped sharply in the following year.
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 China ($75,794 per ton), while the price for the Netherlands ($19,086 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+25.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Ketone-Phenols and Ketones with Other Oxygen Function in Latvia (FOB) - 2022
In 2022, the average export price for ketone-phenols and ketones with other oxygen functia amounted to $18,160 per ton, reducing by -36.2% against the previous year. Over the period under review, the export price, however, continues to indicate a moderate increase. The most prominent rate of growth was recorded in 2021 an increase of 192% against the previous year. As a result, the export price attained the peak level of $28,468 per ton, and then dropped significantly in the following year.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Lithuania ($23,704 per ton) and Switzerland ($20,620 per ton), while the average price for exports to Russia ($16,506 per ton) and Belarus ($17,771 per ton) were amongst the lowest.
From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+41.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Ketone-Phenols and Ketones with Other Oxygen Function in Latvia
In 2022, overseas purchases of ketone-phenols and ketones with other oxygen functia decreased by -19.6% to 2.6 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a perceptible curtailment. The pace of growth was the most pronounced in 2020 with an increase of 14% against the previous year. As a result, imports reached the peak of 3.5 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of ketone-phenols and ketones with other oxygen functia shrank dramatically to $68K in 2022. Overall, total imports indicated a mild expansion from 2019 to 2022: its value increased at an average annual rate of +1.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 49%.
| Import of Ketone-Phenols and Ketones with Other Oxygen Function in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 14.0 | 4.3 | 10.2 | 27.0 | 24.5% |
| Spain | 0.4 | 5.1 | 0.5 | 14.4 | 230.2% |
| Ukraine | 45.8 | 64.9 | 69.4 | 13.4 | -33.6% |
| China | 0.1 | 11.1 | 5.0 | 5.2 | 273.3% |
| Germany | 1.7 | 2.1 | 2.2 | 4.6 | 39.3% |
| United States | N/A | N/A | N/A | 2.3 | 0% |
| Others | 3.5 | 9.8 | 16.8 | 1.5 | -24.6% |
| Total | 65.5 | 97.3 | 104 | 68.4 | 1.5% |
Top Suppliers of Ketone-Phenols and Ketones with Other Oxygen Function to Latvia in 2022:
- Netherlands (1417.0 kg)
- Spain (581.0 kg)
- Ukraine (318.0 kg)
- Germany (175.0 kg)
- China (68.0 kg)
- United States (57.0 kg)
Exports of Ketone-Phenols and Ketones with Other Oxygen Function in Latvia
In 2022, the amount of ketone-phenols and ketones with other oxygen functia exported from Latvia skyrocketed to 2.2 tons, rising by 388% on the previous year. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of ketone-phenols and ketones with other oxygen functia surged to $39K in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 316% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Ketone-Phenols and Ketones with Other Oxygen Function in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | 1.2 | 0.5 | 19.0 | 297.9% |
| Belarus | N/A | N/A | N/A | 6.7 | 0% |
| Switzerland | 6.3 | N/A | 3.4 | 6.7 | 2.1% |
| Lithuania | N/A | N/A | 3.2 | 3.4 | 6.3% |
| United Kingdom | 0.1 | N/A | 1.2 | 2.0 | 171.4% |
| Japan | N/A | N/A | N/A | 1.2 | 0% |
| Estonia | N/A | 1.9 | 4.1 | N/A | 115.8% |
| Others | 0.5 | N/A | 0.2 | 0.3 | -15.7% |
| Total | 7.0 | 3.0 | 12.6 | 39.4 | 77.9% |
Top Export Markets for Ketone-Phenols and Ketones with Other Oxygen Function from Latvia in 2022:
- Russia (1154.0 kg)
- Belarus (375.0 kg)
- Switzerland (326.0 kg)
- Lithuania (142.0 kg)
- United Kingdom (98.0 kg)
- Japan (59.0 kg)
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