Price for Poly(Lactic Acid); in Primary Forms in Latvia - 2023
Contents:
- Price for Poly(Lactic Acid); in Primary Forms in Latvia (CIF) - 2022
- Price for Poly(Lactic Acid); in Primary Forms in Latvia (FOB) - 2022
- Imports of Poly(Lactic Acid); in Primary Forms in Latvia
- Exports of Poly(Lactic Acid); in Primary Forms in Latvia
Price for Poly(Lactic Acid); in Primary Forms in Latvia (CIF) - 2022
In 2022, the average import price for poly(lactic acid); in primary formses amounted to $8,946 per ton, which is down by -64% against the previous year. Overall, the import price, however, continues to indicate modest growth. The growth pace was the most rapid in 2018 an increase of 319%. Over the period under review, average import prices reached the peak figure at $24,824 per ton in 2021, and then reduced markedly 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 Germany ($26,133 per ton), while the price for France totaled $7,109 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+0.5%).
Price for Poly(Lactic Acid); in Primary Forms in Latvia (FOB) - 2022
In 2022, the average export price for poly(lactic acid); in primary formses amounted to $3,321 per ton, flattening at the previous year. In general, the export price showed a mild reduction. The most prominent rate of growth was recorded in 2021 a decrease of 99.9% against the previous year. Over the period under review, the average export prices reached the peak figure at $3,491 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2018 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -1.2% per year.
Imports of Poly(Lactic Acid); in Primary Forms in Latvia
In 2022, approx. 1.1 tons of poly(lactic acid); in primary formses were imported into Latvia; with a decrease of -55.5% compared with the previous year's figure. In general, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 2,099% against the previous year. As a result, imports attained the peak of 2.5 tons, and then reduced dramatically in the following year.
In value terms, poly(lactic acid); in primary forms imports reduced rapidly to $9.8K in 2022. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 2,537%. As a result, imports attained the peak of $61K, and then fell significantly in the following year.
| Import of Poly(Lactic Acid); in Primary Forms in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 0.5 | 0.6 | 16.1 | 7.1 | 142.2% |
| Germany | 1.3 | 1.5 | 45.0 | 2.4 | 22.7% |
| Others | 0.4 | 0.2 | N/A | 0.3 | -9.1% |
| Total | 2.3 | 2.3 | 61.1 | 9.8 | 62.1% |
Top Suppliers of Poly(Lactic Acid); in Primary Forms to Latvia in 2022:
- France (1000.0 kg)
- Germany (90.0 kg)
Exports of Poly(Lactic Acid); in Primary Forms in Latvia
In 2022, the amount of poly(lactic acid); in primary formses exported from Latvia amounted to 1.4 tons, standing approx. at the year before. Overall, exports continue to indicate significant growth. The smallest decline of 99.9% was in 2021. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.
In value terms, poly(lactic acid); in primary forms exports totaled $4.8K in 2022. In general, exports enjoyed significant growth. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Poly(Lactic Acid); in Primary Forms in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Netherlands | N/A | N/A | 4.8 | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | N/A | N/A | 4.8 | 0% | |
Top Export Markets for Poly(Lactic Acid); in Primary Forms from Latvia in 2022:
- Netherlands (1.4 tons)
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