Price for Rosin and Resin Acids in Latvia - 2023
Contents:
- Price for Rosin and Resin Acids in Latvia (CIF) - 2022
- Price for Rosin and Resin Acids in Latvia (FOB) - 2022
- Imports of Rosin and Resin Acids in Latvia
- Exports of Rosin and Resin Acids in Latvia
Price for Rosin and Resin Acids in Latvia (CIF) - 2022
The average rosin and resin acids import price stood at $2,772 per ton in 2022, rising by 15% against the previous year. Over the period under review, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, rosin and resin acids import price increased by +72.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 50% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Greece ($2,931 per ton), while the price for Estonia ($2,542 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+27.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Rosin and Resin Acids in Latvia (FOB) - 2022
The average rosin and resin acids export price stood at $4,751 per ton in 2022, rising by 8.7% against the previous year. Overall, the export price, however, saw a noticeable setback. The most prominent rate of growth was recorded in 2021 an increase of 44%. The export price peaked at $7,333 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($4,501 per ton), while the average price for exports to Estonia amounted to $3,133 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+3.8%).
Imports of Rosin and Resin Acids in Latvia
Rosin and resin acids imports into Latvia skyrocketed to 29 tons in 2022, with an increase of 111% against the year before. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, rosin and resin acids imports soared to $80K in 2022. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Rosin and Resin Acids in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 15.4 | 27.8 | 26.0 | 45.2 | 43.2% |
| Greece | N/A | N/A | N/A | 29.3 | 0% |
| Estonia | N/A | N/A | N/A | 4.9 | 0% |
| Poland | 4.4 | 1.7 | 1.5 | 0.3 | -59.1% |
| Others | 0.8 | 0.5 | 5.6 | 0.3 | -27.9% |
| Total | 20.6 | 30.0 | 33.1 | 79.9 | 57.1% |
Top Suppliers of Rosin and Resin Acids to Latvia in 2022:
- Poland (undefined tons)
- Lithuania (16.8 tons)
- Greece (10.0 tons)
- Estonia (1.9 tons)
Exports of Rosin and Resin Acids in Latvia
For the third year in a row, Latvia recorded growth in shipments abroad of rosin and resin acidses, which increased by 3,395% to 10 tons in 2022. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, rosin and resin acids exports surged to $48K in 2022. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Rosin and Resin Acids in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Russia | N/A | 0.3 | 44.9 | 14866.7% | |
| Estonia | 0.5 | 0.9 | 0.1 | -55.3% | |
| Others | N/A | 0.1 | 2.7 | 2600.0% | |
| Total | 0.5 | 1.3 | 47.7 | 876.7% | |
Top Export Markets for Rosin and Resin Acids from Latvia in 2022:
- Estonia (undefined tons)
- Russia (10.0 tons)
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This report provides an in-depth analysis of the market for rosin and resin acids in Latvia.
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This report provides an in-depth analysis of the global market for rosin and resin acids.
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This report provides an in-depth analysis of the market for rosin and resin acids in Latvia.
762
This report provides an in-depth analysis of the global market for rosin and resin acids.
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In value terms, rosin and resin acids and derivatives thereof exports totaled $X in 2016. Overall, it indicated a slight growth from 2007 to 2016: the total exports value decreased at an average an...
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In value terms, rosin and resin acids and derivatives thereof imports amounted to $X in 2016. In general, rosin and resin acids and derivatives thereof imports continue to indicate a relatively fla...
688
In value terms, rosin and resin acids and derivatives thereof exports totaled $X in 2016. Overall, it indicated a slight growth from 2007 to 2016: the total exports value decreased at an average an...
