Latvia - Chemical Wood Pulp (Soda And Sulphate, Other Than Dissolving Grades) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Latvia - Chemical Wood Pulp (Soda And Sulphate, Other Than Dissolving Grades) - Market Analysis, Forecast, Size, Trends and Insights

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Price for Soda and Sulphate Chemical Wood Pulp in Latvia - 2023

Contents:

  1. Price for Soda and Sulphate Chemical Wood Pulp in Latvia (FOB) - 2023
  2. Price for Soda and Sulphate Chemical Wood Pulp in Latvia (CIF) - 2022
  3. Exports of Soda and Sulphate Chemical Wood Pulp in Latvia
  4. Imports of Soda and Sulphate Chemical Wood Pulp in Latvia

Price for Soda and Sulphate Chemical Wood Pulp in Latvia (FOB) - 2023

The average export price for chemical wood pulp (soda and sulphate, other than dissolving grades) stood at $621 per ton in September 2023, dropping by -9.8% against the previous month. Over the period under review, the export price showed a mild curtailment. The pace of growth appeared the most rapid in November 2022 an increase of 7.4% against the previous month. As a result, the export price attained the peak level of $806 per ton. From December 2022 to September 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was Belarus ($919 per ton), while the average price for exports to Estonia ($563 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (0.0%), while the prices for the other major destinations experienced a decline.

Price for Soda and Sulphate Chemical Wood Pulp in Latvia (CIF) - 2022

In 2022, the average import price for chemical wood pulp (soda and sulphate, other than dissolving grades) amounted to $711 per ton, growing by 14% against the previous year. Overall, the import price, however, continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2019 an increase of 47%. Over the period under review, average import prices reached the peak figure at $1,043 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Estonia ($884 per ton), while the price for Russia totaled $703 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+5.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Soda and Sulphate Chemical Wood Pulp in Latvia

In 2022, overseas shipments of chemical wood pulp (soda and sulphate, other than dissolving grades) increased by 190% to 85K tons for the first time since 2019, thus ending a two-year declining trend. In general, 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, exports of chemical wood pulp (soda and sulphate, other than dissolving grades) soared to $63M in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Soda and Sulphate Chemical Wood Pulp in Latvia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia13.910.010.952.655.8%
UkraineN/A0.31.24.2274.2%
Belarus0.13.95.12.4188.4%
SerbiaN/A0.41.71.273.2%
Denmark1.2N/AN/AN/A0%
OthersN/A0.20.72.8274.2%
Total15.114.819.663.261.2%

Top Export Markets for Soda and Sulphate Chemical Wood Pulp from Latvia in 2022:

  1. Estonia (73.9K tons)
  2. Ukraine (4.4K tons)
  3. Belarus (2.3K tons)
  4. Serbia (1.4K tons)

Imports of Soda and Sulphate Chemical Wood Pulp in Latvia

In 2022, imports of chemical wood pulp (soda and sulphate, other than dissolving grades) into Latvia surged to 82K tons, growing by 255% compared with 2021. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 2,401%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of chemical wood pulp (soda and sulphate, other than dissolving grades) skyrocketed to $58M in 2022. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 3,484%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Soda and Sulphate Chemical Wood Pulp in Latvia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia0.110.111.055.1719.8%
EstoniaN/A4.62.72.5-26.3%
Others0.40.60.70.826.0%
Total0.415.214.458.4426.6%

Top Suppliers of Soda and Sulphate Chemical Wood Pulp to Latvia in 2022:

  1. Russia (78.3K tons)
  2. Estonia (2.8K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for soda and sulphate chemical wood pulp in Latvia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 17111200 - Chemical wood pulp, soda or sulphate, other than dissolving grades

Country coverage:

  • Latvia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Latvia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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