Latvia: Market for Anionic Surface-Active Agents (Excluding Soap) 2024

Market Size for Anionic Surface-Active Agents (Excluding Soap) in Latvia

In 2023, the Latvian market for anionic surface-active agents (excluding soap) decreased by X% to less than $X, falling for the second year in a row after four years of growth. Overall, consumption posted a significant expansion. Anionic surface-active agents (excl. soap) consumption peaked at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Production of Anionic Surface-Active Agents (Excluding Soap) in Latvia

In value terms, anionic surface-active agents (excl. soap) production totaled less than $X in 2023 estimated in export price. In general, production recorded a relatively flat trend pattern.

Exports of Anionic Surface-Active Agents (Excluding Soap)

Exports from Latvia

Anionic surface-active agents (excl. soap) exports from Latvia contracted markedly to X tons in 2021, falling by X% on 2020. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020, and then reduced rapidly in the following year.

In value terms, anionic surface-active agents (excl. soap) exports contracted remarkably to $X in 2021. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by X%. As a result, the exports attained the peak of $X, and then reduced remarkably in the following year.

Exports by Country

Estonia (X tons) was the main destination for anionic surface-active agents (excl. soap) exports from Latvia, accounting for a X% share of total exports. Moreover, anionic surface-active agents (excl. soap) exports to Estonia exceeded the volume sent to the second major destination, Belarus (X tons), sixfold. Lithuania (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Estonia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (X% per year) and Lithuania (X% per year).

In value terms, Estonia ($X) emerged as the key foreign market for anionic surface-active agents (excluding soap) exports from Latvia, comprising X% of total exports. The second position in the ranking was held by Lithuania ($X), with a X% share of total exports. It was followed by Belarus, with a X% share.

From 2012 to 2021, the average annual growth rate of value to Estonia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (X% per year) and Belarus (X% per year).

Export Prices by Country

The average export price for anionic surface-active agents (excluding soap) stood at $X per ton in 2021, which is down by X% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then fell remarkably in the following year.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Estonia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Anionic Surface-Active Agents (Excluding Soap)

Imports into Latvia

In 2021, anionic surface-active agents (excl. soap) imports into Latvia soared to X tons, with an increase of X% on the year before. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, anionic surface-active agents (excl. soap) imports soared to $X in 2021. In general, imports recorded a prominent increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Estonia (X tons) constituted the largest supplier of anionic surface-active agents (excl. soap) to Latvia, with a X% share of total imports. Moreover, anionic surface-active agents (excl. soap) imports from Estonia exceeded the figures recorded by the second-largest supplier, Lithuania (X tons), twofold. The third position in this ranking was held by Poland (X tons), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Estonia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (X% per year) and Poland (X% per year).

In value terms, the largest anionic surface-active agents (excl. soap) suppliers to Latvia were Lithuania ($X), Estonia ($X) and Germany ($X), with a combined X% share of total imports. Poland, the Czech Republic, the UK and the United States lagged somewhat behind, together comprising a further X%.

The Czech Republic, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for anionic surface-active agents (excluding soap) stood at $X per ton in 2021, falling by X% against the previous year. Overall, the import price showed a abrupt contraction. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Estonia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform