Latvia - Polyethylene with a Specific Gravity of Less than 0.94, in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polyethylene with A Specific Gravity of Less than 0.94 in Latvia - 2023
Contents:
- Price for Polyethylene with A Specific Gravity of Less than 0.94 in Latvia (CIF) - 2023
- Price for Polyethylene with A Specific Gravity of Less than 0.94 in Latvia (FOB) - 2022
- Imports of Polyethylene with A Specific Gravity of Less than 0.94 in Latvia
- Exports of Polyethylene with A Specific Gravity of Less than 0.94 in Latvia
Price for Polyethylene with A Specific Gravity of Less than 0.94 in Latvia (CIF) - 2023
In September 2023, the average import price for polyethylene with a specific gravity of less than 0.94, in primary forms amounted to $1,380 per ton, waning by -25.9% against the previous month. Over the period under review, the import price showed a noticeable downturn. The pace of growth was the most pronounced in May 2023 an increase of 24% against the previous month. As a result, import price reached the peak level of $1,901 per ton. From June 2023 to September 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Sweden ($2,568 per ton), while the price for Estonia ($830 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Polyethylene with A Specific Gravity of Less than 0.94 in Latvia (FOB) - 2022
In 2022, the average export price for polyethylene with a specific gravity of less than 0.94, in primary forms amounted to $2,453 per ton, jumping by 16% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 51%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.
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 Belarus ($3,126 per ton), while the average price for exports to China ($757 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 China (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Polyethylene with A Specific Gravity of Less than 0.94 in Latvia
In 2022, imports of polyethylene with a specific gravity of less than 0.94, in primary forms into Latvia contracted markedly to 15K tons, dropping by -33.8% against 2021 figures. Over the period under review, imports recorded a deep downturn. The growth pace was the most rapid in 2021 with an increase of 6.4%. As a result, imports attained the peak of 23K tons, and then shrank remarkably in the following year.
In value terms, imports of polyethylene with a specific gravity of less than 0.94, in primary forms fell remarkably to $32M in 2022. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 87%. As a result, imports attained the peak of $55M, and then reduced remarkably in the following year.
| Import of Polyethylene with A Specific Gravity of Less than 0.94 in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 5.4 | 4.5 | 8.4 | 6.1 | 4.1% |
| Spain | 4.6 | 4.2 | 11.5 | 4.7 | 0.7% |
| Sweden | 3.3 | 3.4 | 6.5 | 4.4 | 10.1% |
| Germany | 9.2 | 9.3 | 14.3 | 4.3 | -22.4% |
| Finland | 2.9 | 2.5 | 5.5 | 2.8 | -1.2% |
| United States | 0.1 | N/A | N/A | 1.8 | 162.1% |
| Netherlands | 1.7 | 0.9 | 1.0 | 1.6 | -2.0% |
| Belgium | 1.0 | 1.1 | 4.1 | 1.4 | 11.9% |
| Czech Republic | 0.5 | 0.1 | 0.1 | 0.9 | 21.6% |
| France | 0.1 | 0.2 | 1.8 | 0.8 | 100.0% |
| Poland | 0.3 | 0.1 | 0.1 | 0.7 | 32.6% |
| Hungary | 0.5 | 0.2 | 0.6 | 0.4 | -7.2% |
| Russia | 1.4 | 1.6 | N/A | N/A | 14.3% |
| Others | 1.7 | 1.5 | 1.4 | 2.4 | 12.2% |
| Total | 32.5 | 29.6 | 55.3 | 32.2 | -0.3% |
Top Suppliers of Polyethylene with A Specific Gravity of Less than 0.94 to Latvia in 2022:
- Lithuania (4.0K tons)
- Spain (1.8K tons)
- Sweden (1.7K tons)
- Germany (1.5K tons)
- Finland (1.4K tons)
- United States (1.0K tons)
- Netherlands (0.8K tons)
- Belgium (0.6K tons)
- Czech Republic (0.5K tons)
- Poland (0.3K tons)
- France (0.3K tons)
- Hungary (0.3K tons)
Exports of Polyethylene with A Specific Gravity of Less than 0.94 in Latvia
In 2022, approx. 6.4K tons of polyethylene with a specific gravity of less than 0.94, in primary forms were exported from Latvia; reducing by -36.2% compared with 2021 figures. Overall, exports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 34% against the previous year.
In value terms, exports of polyethylene with a specific gravity of less than 0.94, in primary forms dropped notably to $16M in 2022. Over the period under review, total exports indicated a slight increase from 2019 to 2022: its value increased at an average annual rate of +1.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 102%. As a result, the exports attained the peak of $21M, and then contracted dramatically in the following year.
| Export of Polyethylene with A Specific Gravity of Less than 0.94 in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 4.5 | 3.7 | 6.9 | 6.2 | 11.3% |
| Uzbekistan | 1.4 | 1.3 | 3.3 | 2.2 | 16.3% |
| Ukraine | 0.2 | 0.7 | 1.1 | 1.6 | 100.0% |
| Estonia | 1.4 | 1.1 | 1.3 | 1.4 | 0.0% |
| Russia | 2.7 | 0.9 | 4.0 | 1.1 | -25.9% |
| Azerbaijan | N/A | N/A | 0.3 | 0.9 | 200.0% |
| Belarus | 2.1 | 2.2 | 2.3 | 0.5 | -38.0% |
| China | 0.4 | N/A | N/A | 0.2 | -20.6% |
| Others | 2.3 | 0.5 | 2.0 | 1.4 | -15.3% |
| Total | 15.0 | 10.4 | 21.1 | 15.6 | 1.3% |
Top Export Markets for Polyethylene with A Specific Gravity of Less than 0.94 from Latvia in 2022:
- Lithuania (2346.6 tons)
- Uzbekistan (806.2 tons)
- Ukraine (697.5 tons)
- Estonia (562.2 tons)
- Russia (453.7 tons)
- Azerbaijan (318.0 tons)
- China (274.1 tons)
- Belarus (152.9 tons)
This report provides an in-depth analysis of the market for polyethylene with a specific gravity of less than 0.94 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 20161035 - Linear polyethylene having a specific gravity < 0,94, in primary forms
- Prodcom 20161039 - Polyethylene having a specific gravity < 0,94, in primary forms (excluding linear)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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