Latvia - Wool Grease And Fatty Substances - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWool Grease Price in Latvia - 2023
Contents:
- Wool Grease Price in Latvia (CIF) - 2022
- Wool Grease Price in Latvia (FOB) - 2022
- Wool Grease Imports in Latvia
- Wool Grease Exports in Latvia
Wool Grease Price in Latvia (CIF) - 2022
In 2022, the average wool grease import price amounted to $14,756 per ton, with an increase of 5% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 33%. As a result, import price attained the peak level of $19,834 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Lithuania ($15,780 per ton) and the Netherlands ($15,747 per ton), while the price for Germany ($13,557 per ton) and the Czech Republic ($14,327 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Wool Grease Price in Latvia (FOB) - 2022
The average wool grease export price stood at $20,659 per ton in 2022, picking up by 11% against the previous year. Over the last two years, it increased at an average annual rate of +6.3%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2020 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -8.8% per year.
Wool Grease Imports in Latvia
In 2022, the amount of wool grease and fatty substances imported into Latvia surged to 3 tons, increasing by 28% on the year before. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 263%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, wool grease imports surged to $44K in 2022. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 244% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Wool Grease in Latvia (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Czech Republic | N/A | N/A | N/A | 17.2 | 0% |
Netherlands | N/A | N/A | 8.8 | 16.8 | 90.9% |
Germany | N/A | 0.6 | 0.8 | 8.0 | 265.1% |
Lithuania | 7.3 | 2.7 | 12.0 | 2.5 | -30.0% |
China | N/A | N/A | 9.1 | N/A | 0% |
United Kingdom | 16.7 | 6.3 | N/A | N/A | -62.3% |
Finland | 1.1 | N/A | 2.3 | N/A | 44.6% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 25.0 | 9.6 | 33.1 | 44.4 | 21.1% |
Top Suppliers of Wool Grease to Latvia in 2022:
- Czech Republic (1200.0 kg)
- Netherlands (1065.0 kg)
- Germany (587.0 kg)
- Lithuania (159.0 kg)
Wool Grease Exports in Latvia
For the third year in a row, Latvia recorded growth in shipments abroad of wool grease and fatty substances, which increased by 338% to 302 kg in 2022. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, wool grease exports skyrocketed to $6.2K in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Wool Grease in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Russia | N/A | N/A | 6.2 | 0% | |
Netherlands | 0.8 | 1.3 | N/A | 62.5% | |
Denmark | 0.2 | N/A | N/A | 0% | |
Others | N/A | N/A | N/A | 0% | |
Total | 1.1 | 1.3 | 6.2 | 137.4% |
Top Export Markets for Wool Grease from Latvia in 2022:
- Russia (302.0 kg)
This report provides an in-depth analysis of the wool grease 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:
- FCL 994 - Wool Grease and Lanolin
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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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
This report provides an in-depth analysis of the wool grease market in Latvia.
This report provides an in-depth analysis of the global wool grease market.
This report provides an in-depth analysis of the wool grease market in Latvia.
This report provides an in-depth analysis of the global wool grease market.
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