Latest Report Update: Dec 27, 2019

Latvia - Alcohols And Their Halogenated, Sulphonated, Nitrated Or Nitrosated Derivatives - Market Analysis, Forecast, Size, Trends and Insights

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Latvia: Alcohols Market Overview 2019

Alcohols Market Size in Latvia

The revenue of the alcohols market in Latvia amounted to $X in 2018, coming down by -X% against the previous year. Overall, alcohols consumption, however, continues to indicate a modest increase. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. Latvia alcohols consumption peaked at $X in 2014; however, from 2015 to 2018, consumption stood at a somewhat lower figure.

Alcohols Production in Latvia

In value terms, alcohols production stood at $X in 2018 estimated in export prices. Overall, alcohols production, however, continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Latvia alcohols production peaked at $X in 2014; however, from 2015 to 2018, production failed to regain its momentum.

Alcohols Exports

Exports from Latvia

In 2018, the amount of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives exported from Latvia stood at X tonnes, surging by X% against the previous year. Overall, the total exports indicated a prominent expansion from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2009 with an increase of X% y-o-y. Latvia exports peaked at X tonnes in 2012; however, from 2013 to 2018, exports remained at a lower figure.

In value terms, alcohols exports amounted to $X in 2018. In general, alcohols exports continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2011 when exports increased by X% year-to-year. Latvia exports peaked at $X in 2012; however, from 2013 to 2018, exports failed to regain their momentum.

Exports by Country

The exports of the twelve major exporters of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives, namely Saudi Arabia, Trinidad and Tobago, the Netherlands, the U.S., Malaysia, Germany, Russia, Singapore, Iran, Taiwan, Chinese, Venezuela and Belgium, represented more than two-thirds of total export.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Malaysia, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Saudi Arabia ($X) and the U.S. ($X) appeared to be the countries with the highest levels of exports in 2018, together accounting for X% of total exports. These countries were followed by the Netherlands, Singapore, Trinidad and Tobago, Taiwan, Chinese, Malaysia, Belgium, Russia, Iran, Venezuela and Latvia, which together accounted for a further X terms of the main exporting countries, Latvia experienced the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the alcohols export price in Latvia amounted to $X per tonne, surging by X% against the previous year. Overall, the export price indicated a moderate increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, alcohols export price increased by +X% against 2015 indices. The growth pace was the most rapid in 2010 when the export price increased by X% y-o-y. Over the period under review, the export prices for alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives attained their peak figure in 2018 and is likely to continue its growth in the near future.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per tonne), while Venezuela ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Iran, while the other leaders experienced mixed trends in the export price figures.

Alcohols Imports

Imports into Latvia

In 2018, approx. X tonnes of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives were imported into Latvia; going down by -X% against the previous year. Over the period under review, alcohols imports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2015 when imports increased by X% y-o-y. Latvia imports peaked at X tonnes in 2016; however, from 2017 to 2018, imports remained at a lower figure.

In value terms, alcohols imports totaled $X in 2018. In general, alcohols imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. In that year, alcohols imports reached their peak of $X. From 2016 to 2018, the growth of alcohols imports failed to regain its momentum.

Imports by Country

The countries with the highest levels of alcohols imports in 2018 were China (X tonnes), the U.S. (X tonnes), India (X tonnes), South Korea (X tonnes), Germany (X tonnes), Japan (X tonnes), Belgium (X tonnes), the Netherlands (X tonnes), Taiwan, Chinese (X tonnes), Turkey (X tonnes), France (X tonnes) and Italy (X tonnes), together finishing at X% of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by India, while the other leaders experienced more modest paces of growth.

In value terms, China ($X), the U.S. ($X) and India ($X) constituted the countries with the highest levels of imports in 2018, together accounting for X% of total imports.

India experienced the highest rates of growth with regard to imports, among the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The alcohols import price in Latvia stood at $X per tonne in 2018, growing by X% against the previous year. In general, the alcohols import price, however, continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2017 when the import price increased by X% year-to-year. Latvia import price peaked at $X per tonne in 2007; however, from 2008 to 2018, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2018, major importing countries recorded the following prices: in Italy ($X per tonne) and Belgium ($X per tonne), while South Korea ($X per tonne) and the U.S. ($X per tonne) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 20142210 - Methanol (methyl alcohol)
• Prodcom 20142220 - Propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol)
• Prodcom 20142230 - Butan-1-ol (n-butyl alcohol)
• Prodcom 20142240 - Butanols (excluding butan-1-ol (n-butyl alcohol))
• Prodcom 20142263 - Octanol (octyl alcohol) and isomers thereof
• Prodcom 20142265 - Lauryl alcohol, cetyl alcohol, stearyl alcohol and other saturated monohydric alcohols (excluding methyl, propyl and isopropyl, n-butyl, other butanols, octyl)
• Prodcom 20142270 - Unsaturated monohydric alcohols
• Prodcom 20142310 - Ethylene glycol (ethanediol)
• Prodcom 20142320 - Propylene glycol (propane-1,2-diol)
• Prodcom 20142333 - D-glucitol (sorbitol)
• Prodcom 20142339 - Diols and polyhydric alcohols (excluding ethylene glycol and propylene glycol, D-glucitol)
• Prodcom 20142350 - Halogenated, sulphonated, nitrated or nitrosated derivatives of acyclic alcohols
• Prodcom 20142360 - Glycerol (including synthetic, excluding crude, waters and lyes)
• Prodcom 20142373 - Cyclanic, cyclenic or cycloterpenic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives
• Prodcom 20142375 - Aromatic alcohols and their halogenated, sulphonated, n itrated or nitrosated derivatives

This report provides an in-depth analysis of the alcohols 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 2025.


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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2025
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2018
Figure 21:
Production, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, 2007–2018
Figure 23:
Imports, In Value Terms, 2007–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2007–2018
Figure 26:
Imports, In Value Terms, By Country, 2007–2018
Figure 27:
Import Prices, By Country Of Origin, 2007–2018
Figure 28:
Exports, In Physical Terms, 2007–2018
Figure 29:
Exports, In Value Terms, 2007–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2007–2018
Figure 32:
Exports, In Value Terms, By Country, 2007–2018
Figure 33:
Export Prices, By Country Of Destination, 2007–2018
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