Latvia - 2,2-Oxydiethanol (Diethylene Glycol, Digol) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLatvia: Market for 2,2-Oxydiethanol (Diethylene Glycol, Digol) 2024
Market Size for 2,2-Oxydiethanol (Diethylene Glycol, Digol) in Latvia
In 2022, after three years of decline, there was significant growth in the Latvian diethylene glycol and digol market, when its value increased by X% to $X. Overall, consumption posted a notable expansion. Diethylene glycol and digol consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.
Exports of 2,2-Oxydiethanol (Diethylene Glycol, Digol)
Exports from Latvia
In 2022, overseas shipments of X-oxydiethanol (diethylene glycol, digol) were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, diethylene glycol and digol exports skyrocketed to $X in 2022. Overall, exports posted a significant expansion. The growth pace was the most rapid in 2013 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.
Exports by Country
Estonia (X tons) was the main destination for diethylene glycol and digol exports from Latvia, accounting for a X% share of total exports. Moreover, diethylene glycol and digol exports to Estonia exceeded the volume sent to the second major destination, Russia (X kg), more than tenfold.
From 2012 to 2022, the average annual growth rate of volume to Estonia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Lithuania (X% per year).
In value terms, Estonia ($X) remains the key foreign market for X-oxydiethanol (diethylene glycol, digol) exports from Latvia, comprising X% of total exports. The second position in the ranking was held by Lithuania ($X), with an X% share of total exports.
From 2012 to 2022, the average annual growth rate of value to Estonia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (X% per year) and Russia (X% per year).
Export Prices by Country
The average diethylene glycol and digol export price stood at $X per ton in 2022, which is down by X% against the previous year. In general, the export price recorded a sharp downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($X per ton), while the average price for exports to Estonia ($X 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 Estonia (X%), while the prices for the other major destinations experienced a decline.
Imports of 2,2-Oxydiethanol (Diethylene Glycol, Digol)
Imports into Latvia
In 2022, supplies from abroad of X-oxydiethanol (diethylene glycol, digol) was finally on the rise to reach X tons after three years of decline. In general, imports saw a strong expansion. Over the period under review, imports reached the maximum at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.
In value terms, diethylene glycol and digol imports soared to $X in 2022. Over the period under review, imports recorded a moderate increase. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.
Imports by Country
In 2022, Belgium (X tons) was the main supplier of diethylene glycol and digol to Latvia, with a X% share of total imports. It was followed by Germany (X tons), with a X% share of total imports.
From 2012 to 2022, the average annual rate of growth in terms of volume from Belgium amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Estonia (X% per year).
In value terms, Belgium ($X) constituted the largest supplier of X-oxydiethanol (diethylene glycol, digol) to Latvia, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports.
From 2012 to 2022, the average annual growth rate of value from Belgium stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Estonia (X% per year).
Import Prices by Country
In 2022, the average diethylene glycol and digol import price amounted to $X per ton, shrinking by X% against the previous year. Overall, the import price recorded a perceptible decline. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Estonia ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for diethylene glycol and digol 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 20146333 - 2,2-Oxydiethanol (diethylene glycol, digol)
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
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