Silicates; Sodium Metasilicates Price in Latvia - 2023
Contents:
- Silicates; Sodium Metasilicates Price in Latvia (CIF) - 2022
- Silicates; Sodium Metasilicates Price in Latvia (FOB) - 2022
- Silicates; Sodium Metasilicates Imports in Latvia
- Silicates; Sodium Metasilicates Exports in Latvia
Silicates; Sodium Metasilicates Price in Latvia (CIF) - 2022
In 2022, the average silicates; sodium metasilicates import price amounted to $1,106 per ton, with an increase of 48% against the previous year. Overall, the import price recorded a resilient increase. The growth pace was the most rapid in 2016 when the average import price increased by 418% against the previous year. As a result, import price attained the peak level of $2,496 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($4,323 per ton), while the price for Poland ($686 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Silicates; Sodium Metasilicates Price in Latvia (FOB) - 2022
The average silicates; sodium metasilicates export price stood at $414 per ton in 2022, picking up by 2.4% against the previous year. Overall, the export price, however, saw a slight descent. The pace of growth was the most pronounced in 2018 an increase of 91% against the previous year. As a result, the export price attained the peak level of $1,517 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Estonia.
From 2012 to 2022, the rate of growth in terms of prices for Lithuania amounted to +19.5% per year.
Silicates; Sodium Metasilicates Imports in Latvia
In 2022, the amount of silicates; sodium metasilicateses imported into Latvia surged to 47 tons, with an increase of 361% on 2021 figures. Overall, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, silicates; sodium metasilicates imports soared to $52K in 2022. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Silicates; Sodium Metasilicates in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 7.8 | N/A | 20.9 | 63.7% |
| Norway | 5.6 | 1.3 | 1.2 | 19.6 | 51.8% |
| Poland | 1.2 | N/A | 2.0 | 9.0 | 95.7% |
| Lithuania | 6.2 | 5.0 | 1.9 | 1.8 | -33.8% |
| Belgium | 8.4 | 5.3 | 2.4 | N/A | -46.5% |
| Others | 0.2 | 0.1 | N/A | 0.3 | 14.5% |
| Total | 21.5 | 19.5 | 7.6 | 51.6 | 33.9% |
Top Suppliers of Silicates; Sodium Metasilicates to Latvia in 2022:
- China (27.0 tons)
- Poland (13.2 tons)
- Norway (4.5 tons)
- Lithuania (1.9 tons)
Silicates; Sodium Metasilicates Exports in Latvia
In 2022, approx. 14 tons of silicates; sodium metasilicateses were exported from Latvia; with an increase of 158% against the previous year's figure. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 206% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, silicates; sodium metasilicates exports skyrocketed to $5.6K in 2022. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Silicates; Sodium Metasilicates in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 0.6 | 1.4 | 2.1 | 5.6 | 110.5% |
| Others | 0.4 | N/A | N/A | N/A | 0% |
| Total | 0.9 | 1.4 | 2.1 | 5.6 | 83.9% |
Top Export Markets for Silicates; Sodium Metasilicates from Latvia in 2022:
- Estonia (13.6 tons)
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