Latvia - Synthetic Latex Rubber - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingSynthetic Latex Rubber Price in Latvia - 2023
Contents:
- Synthetic Latex Rubber Price in Latvia (CIF) - 2023
- Synthetic Latex Rubber Price in Latvia (FOB) - 2022
- Synthetic Latex Rubber Imports in Latvia
- Synthetic Latex Rubber Exports in Latvia
Synthetic Latex Rubber Price in Latvia (CIF) - 2023
The average synthetic latex rubber import price stood at $1,235 per ton in September 2023, reducing by -1.6% against the previous month. Overall, the import price recorded a mild contraction. The pace of growth was the most pronounced in June 2023 an increase of 9% against the previous month. The import price peaked at $1,519 per ton in September 2022; however, from October 2022 to September 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the country with the highest price was Estonia ($1,519 per ton), while the price for Germany amounted to $1,197 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Estonia (+0.3%).
Synthetic Latex Rubber Price in Latvia (FOB) - 2022
In 2022, the average synthetic latex rubber export price amounted to $2,608 per ton, flattening at the previous year. In general, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, synthetic latex rubber export price decreased by -3.8% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 51% against the previous year. As a result, the export price reached the peak level of $2,711 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($5,523 per ton), while the average price for exports to Estonia ($1,810 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 Russia (+11.2%), while the prices for the other major destinations experienced a decline.
Synthetic Latex Rubber Imports in Latvia
In 2022, the amount of synthetic latex rubber imported into Latvia expanded notably to 6.2K tons, with an increase of 7% compared with the previous year. The total import volume increased at an average annual rate of +1.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 32% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, synthetic latex rubber imports skyrocketed to $8.2M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +12.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 41%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in years to come.
| Import of Synthetic Latex Rubber in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.5 | 4.7 | 6.4 | 7.8 | 12.4% |
| Estonia | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Others | 0.1 | 0.2 | 0.5 | 0.2 | 26.0% |
| Total | 5.8 | 5.1 | 7.2 | 8.2 | 12.2% |
Top Suppliers of Synthetic Latex Rubber to Latvia in 2022:
- Germany (5.9K tons)
- Estonia (0.2K tons)
Synthetic Latex Rubber Exports in Latvia
In 2022, shipments abroad of synthetic latex rubber decreased by -8.3% to 189 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 12,055% against the previous year.
In value terms, synthetic latex rubber exports declined to $493K in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 9,560% against the previous year.
| Export of Synthetic Latex Rubber in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | N/A | 210 | 192 | 373 | 33.3% |
| Estonia | 3.0 | 1.0 | 33.6 | 91.4 | 212.3% |
| Russia | N/A | N/A | N/A | 19.4 | 0% |
| Uzbekistan | N/A | 134 | 309 | N/A | 130.6% |
| Others | 0.6 | 0.4 | 0.7 | 9.4 | 150.2% |
| Total | 3.6 | 345 | 535 | 493 | 415.4% |
Top Export Markets for Synthetic Latex Rubber from Latvia in 2022:
- Lithuania (133.6 tons)
- Estonia (50.5 tons)
- Russia (3.5 tons)
This report provides an in-depth analysis of the synthetic latex rubber market 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 20171050 - Synthetic latex rubber
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
91
This report provides an in-depth analysis of the synthetic latex rubber market in Latvia.
492
This report provides an in-depth analysis of the synthetic rubber market in Latvia.
95
This report provides an in-depth analysis of the market for isoprene rubber (ir) in primary form in Latvia.
106
This report provides an in-depth analysis of the market for synthetic rubber (excluding latex) in Latvia.
755
This report provides an in-depth analysis of the global synthetic latex rubber market.
2117
This report provides an in-depth analysis of the global synthetic rubber market.
223
This report provides an in-depth analysis of the global market for isoprene rubber (ir) in primary form.
181
This report provides an in-depth analysis of the global market for synthetic rubber (excluding latex).
91
This report provides an in-depth analysis of the synthetic latex rubber market in Latvia.
492
This report provides an in-depth analysis of the synthetic rubber market in Latvia.
359
Discover the top import markets for synthetic latex rubber and their key statistics. Malaysia, China, and Thailand lead the way, according to IndexBox data.
1417
In 2016, the amount of synthetic rubber imported worldwide amounted to X tons, approximately mirroring the previous year level. The total import volume increased at an average annual rate of +X>
1368
In 2016, the amount of synthetic rubber imported worldwide amounted to X tons, approximately mirroring the previous year level. The total import volume increased at an average annual rate of +X>
217
Discover the top import markets for synthetic rubber (excluding latex) with key statistics and analysis. Learn about the leading countries driving the demand for synthetic rubber. Read more on IndexBox market intelligence platform.
359
Discover the top import markets for synthetic latex rubber and their key statistics. Malaysia, China, and Thailand lead the way, according to IndexBox data.
1417
In 2016, the amount of synthetic rubber imported worldwide amounted to X tons, approximately mirroring the previous year level. The total import volume increased at an average annual rate of +X>
1368
In 2016, the amount of synthetic rubber imported worldwide amounted to X tons, approximately mirroring the previous year level. The total import volume increased at an average annual rate of +X>
217
Discover the top import markets for synthetic rubber (excluding latex) with key statistics and analysis. Learn about the leading countries driving the demand for synthetic rubber. Read more on IndexBox market intelligence platform.
