Price for Salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate in Latvia - 2023

Contents:

1. Price for Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in Latvia (CIF) - 2022
2. Price for Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in Latvia (FOB) - 2022
3. Imports of Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in Latvia
4. Exports of Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in Latvia

Price for Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in Latvia (CIF) - 2022

The average import price for salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate stood at $4,256 per ton in 2022, picking up by 19% against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($4,251 per ton), while the price for Lithuania stood at $3,200 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+3.0%).

Price for Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in Latvia (FOB) - 2022

The average export price for salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate stood at $21,596 per ton in 2022, rising by 5.9% against the previous year. In general, export price indicated a prominent increase from 2014 to 2022: its price increased at an average annual rate of +8.4% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate increased by +19.2% against 2020 indices. The pace of growth was the most pronounced in 2016 when the average export price increased by 83%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Estonia.

From 2014 to 2022, the rate of growth in terms of prices for Estonia amounted to +8.4% per year.

Imports of Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in Latvia

In 2022, purchases abroad of salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate decreased by -10.4% to 9.3 tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 18% against the previous year. As a result, imports attained the peak of 11 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate expanded markedly to $40K in 2022. The total import value increased at an average annual rate of +10.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 16%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Top Suppliers of Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate to Latvia in 2022:

1. Poland (9.2 tons)

Exports of Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate in Latvia

In 2022, after three years of growth, there was significant decline in overseas shipments of salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate, when their volume decreased by -21.4% to 1 tons. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +17.1% 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 +60.7% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 50%.

In value terms, exports of salts; of oxometallic or peroxometallic acids, manganites, manganates and permanganates, potassium permanganate declined dramatically to $23K in 2022. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 53%. As a result, the exports reached the peak of $27K, and then fell dramatically in the following year.

Top Export Markets for Salts; of Oxometallic or Peroxometallic Acids, Manganites, Manganates and Permanganates, Potassium Permanganate from Latvia in 2022:

1. Estonia (1.0 tons)

Source: IndexBox Market Intelligence Platform