Price for Powders of Pig Iron in Latvia - 2023

Contents:

1. Price for Powders of Pig Iron in Latvia (CIF) - 2022
2. Price for Powders of Pig Iron in Latvia (FOB) - 2022
3. Imports of Powders of Pig Iron in Latvia
4. Exports of Powders of Pig Iron in Latvia

Price for Powders of Pig Iron in Latvia (CIF) - 2022

In 2022, the average powders of pig iron import price amounted to $10,390 per ton, declining by -6.1% against the previous year. In general, the import price, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 an increase of 1,128% against the previous year. Over the period under review, average import prices reached the peak figure at $11,069 per ton in 2021, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ukraine ($13,369 per ton), while the price for Lithuania ($4,370 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+15.2%), while the prices for the other major suppliers experienced a decline.

Price for Powders of Pig Iron in Latvia (FOB) - 2022

In 2022, the average powders of pig iron export price amounted to $223,846 per ton, which is down by -29.2% against the previous year. In general, the export price continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2020 when the average export price increased by 38% against the previous year. Over the period under review, the average export prices attained the maximum at $544,469 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($483,750 per ton), while the average price for exports to Germany ($5,800 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-1.3%).

Imports of Powders of Pig Iron in Latvia

In 2022, purchases abroad of powders of pig ira was finally on the rise to reach 5.8 tons after two years of decline. In general, imports, however, saw a significant decline.

In value terms, powders of pig iron imports soared to $61K in 2022. Over the period under review, imports, however, continue to indicate a precipitous slump.

Top Suppliers of Powders of Pig Iron to Latvia in 2022:

1. Portugal (3.1 tons)
2. Lithuania (1.9 tons)
3. Ukraine (0.7 tons)

Exports of Powders of Pig Iron in Latvia

For the third consecutive year, Latvia recorded decline in shipments abroad of powders of pig ira, which decreased by -62.9% to 13 kg in 2022. In general, exports continue to indicate a significant curtailment. The smallest decline of -46.1% was in 2020.

In value terms, powders of pig iron exports shrank notably to $2.9K in 2022. Over the period under review, exports showed a sharp curtailment. The smallest decline of -25.5% was in 2020.

Top Export Markets for Powders of Pig Iron from Latvia in 2022:

1. Germany (5.0 kg)
2. India (4.0 kg)
3. Russia (4.0 kg)

Source: IndexBox Market Intelligence Platform