Report Update Apr 1, 2024

Latvia - Cyanides, Cyanide Oxides and Complex Cyanides - Market Analysis, Forecast, Size, Trends and Insights

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Latvia: Market for Cyanides, Cyanide Oxides And Complex Cyanides 2024

Market Size for Cyanides, Cyanide Oxides And Complex Cyanides in Latvia

The Latvian cyanides and cyanide oxides market declined rapidly to $X in 2022, with a decrease of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, showed significant growth. Cyanides and cyanide oxides consumption peaked at $X in 2021, and then contracted notably in the following year.

Exports of Cyanides, Cyanide Oxides And Complex Cyanides

Exports from Latvia

In 2022, exports of cyanides, cyanide oxides and complex cyanides from Latvia surged to X kg, increasing by X% on the previous year. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2017 when exports increased by X%. As a result, the exports reached the peak of X kg. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, cyanides and cyanide oxides exports skyrocketed to $X in 2022. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in years to come.

Exports by Country

The Netherlands (X kg) was the main destination for cyanides and cyanide oxides exports from Latvia, with a approx. X% share of total exports.

From 2016 to 2022, the average annual growth rate of volume to the Netherlands totaled X%.

In value terms, the Netherlands ($X) also remains the key foreign market for cyanides, cyanide oxides and complex cyanides exports from Latvia.

From 2016 to 2022, the average annual rate of growth in terms of value to the Netherlands totaled X%.

Export Prices by Country

The average cyanides and cyanide oxides export price stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, the export price faced a dramatic descent. Over the period under review, the average export prices reached the maximum at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2016 to 2022, the rate of growth in terms of prices for the Netherlands amounted to X% per year.

Imports of Cyanides, Cyanide Oxides And Complex Cyanides

Imports into Latvia

In 2022, approx. X tons of cyanides, cyanide oxides and complex cyanides were imported into Latvia; reducing by X% compared with 2021. Over the period under review, imports, however, saw a significant expansion. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked at X tons in 2021, and then contracted notably in the following year.

In value terms, cyanides and cyanide oxides imports fell rapidly to $X in 2022. In general, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Slovenia (X tons) was the main cyanides and cyanide oxides supplier to Latvia, with a X% share of total imports. It was followed by Germany (X kg), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Slovenia amounted to X%.

In value terms, Slovenia ($X) constituted the largest supplier of cyanides, cyanide oxides and complex cyanides to Latvia, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Slovenia stood at X%.

Import Prices by Country

In 2022, the average cyanides and cyanide oxides import price amounted to $X per ton, rising by X% against the previous year. In general, the import price, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Slovenia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cyanides, cyanide oxides and complex cyanides in the world?

The countries with the highest volumes of consumption in 2022 were Peru, the Netherlands and South Korea, together accounting for 20% of global consumption. The United States, Russia, Canada, Burkina Faso, Turkey, the Czech Republic, Belgium, Cote d'Ivoire, Indonesia and Tanzania lagged somewhat behind, together comprising a further 35%.

What are the largest producers of cyanides, cyanide oxides and complex cyanides in the world?

The countries with the highest volumes of production in 2022 were China, the United States and South Korea, together accounting for 75% of global production. The Netherlands, Belgium, the Czech Republic, Japan and Russia lagged somewhat behind, together accounting for a further 20%.

What are the leading suppliers of cyanides, cyanide oxides and complex cyanides to Latvia?

In value terms, Slovenia constituted the largest supplier of cyanides, cyanide oxides and complex cyanides to Latvia, comprising 94% of total imports. The second position in the ranking was held by Germany $373), with a 5.8% share of total imports.

What are the leading importers of cyanides, cyanide oxides and complex cyanides from Latvia?

In value terms, the Netherlands $782) remains the key foreign market for cyanides, cyanide oxides and complex cyanides exports from Latvia.

What is the average export price for cyanides, cyanide oxides and complex cyanides in Latvia?

In 2022, the average cyanides and cyanide oxides export price amounted to $4,469 per ton, which is down by -34.8% against the previous year.

What is the average import price for cyanides, cyanide oxides and complex cyanides in Latvia?

The average cyanides and cyanide oxides import price stood at $4,420 per ton in 2022, surging by 12% against the previous year.

This report provides an in-depth analysis of the market for cyanides and cyanide oxides 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 20136220 - Cyanides, cyanide oxides and complex cyanides

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023