Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Latvia - 2023
Contents:
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Latvia (CIF) - 2022
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Latvia (FOB) - 2022
- Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Latvia
- Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Latvia
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Latvia (CIF) - 2022
In 2022, the average import price for silicates; of sodium (excluding sodium metasilicates)s amounted to $420 per ton, growing by 33% against the previous year. Overall, the import price recorded a modest expansion. The most prominent rate of growth was recorded in 2016 an increase of 114%. As a result, import price attained the peak level of $614 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($982 per ton), while the price for Poland ($314 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Latvia (FOB) - 2022
The average export price for silicates; of sodium (excluding sodium metasilicates)s stood at $1,101 per ton in 2022, increasing by 39% against the previous year. Overall, the export price, however, faced a dramatic downturn. The pace of growth appeared the most rapid in 2017 when the average export price increased by 227%. The export price peaked at $28,549 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($1,522 per ton), while the average price for exports to Estonia ($476 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 Ukraine (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Latvia
In 2022, imports of silicates; of sodium (excluding sodium metasilicates)s into Latvia dropped markedly to 268 tons, waning by -51.3% against the previous year's figure. In general, imports, however, posted prominent growth. The pace of growth was the most pronounced in 2021 with an increase of 189% against the previous year. As a result, imports attained the peak of 550 tons, and then shrank dramatically in the following year.
In value terms, imports of silicates; of sodium (excluding sodium metasilicates)s fell remarkably to $113K in 2022. Overall, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 204%. As a result, imports reached the peak of $173K, and then fell dramatically in the following year.
| Import of Silicates; of Sodium (Excluding Sodium Metasilicates) in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 17.9 | 23.3 | 19.6 | 38.8 | 29.4% |
| Lithuania | 9.4 | 11.2 | 133 | 36.0 | 56.5% |
| Poland | 14.1 | 10.1 | 11.3 | 23.7 | 18.9% |
| Finland | 0.1 | 0.4 | 4.0 | 13.7 | 415.5% |
| Others | 1.7 | 12.1 | 5.5 | 0.4 | -38.3% |
| Total | 43.1 | 57.1 | 173 | 113 | 37.9% |
Top Suppliers of Silicates; of Sodium (Excluding Sodium Metasilicates) to Latvia in 2022:
- Lithuania (93.2 tons)
- Germany (84.8 tons)
- Poland (75.7 tons)
- Finland (13.9 tons)
Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Latvia
For the fourth year in a row, Latvia recorded growth in shipments abroad of silicates; of sodium (excluding sodium metasilicates)s, which increased by 55% to 56 tons in 2022. Overall, exports enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 96%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of silicates; of sodium (excluding sodium metasilicates)s surged to $62K in 2022. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 320% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the near future.
| Export of Silicates; of Sodium (Excluding Sodium Metasilicates) in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 0.8 | 20.7 | 13.8 | 44.9 | 282.9% |
| Estonia | 1.6 | 1.2 | 4.7 | 9.2 | 79.2% |
| Russia | 6.4 | 10.5 | 9.2 | 7.0 | 3.0% |
| Ukraine | 0.8 | 4.5 | 1.1 | 0.1 | -50.0% |
| Others | N/A | 3.3 | N/A | 0.6 | -57.4% |
| Total | 9.5 | 40.1 | 28.7 | 61.8 | 86.7% |
Top Export Markets for Silicates; of Sodium (Excluding Sodium Metasilicates) from Latvia in 2022:
- Lithuania (29.5 tons)
- Estonia (19.3 tons)
- Russia (7.0 tons)
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