Report Latvia - Derivatives of Hydrocarbons other than Containing Only Sulpho-, Nitro-, or Nitroso Groups - Market Analysis, Forecast, Size, Trends and Insights for 499$

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Latvia - Derivatives of Hydrocarbons other than Containing Only Sulpho-, Nitro-, or Nitroso Groups - Market Analysis, Forecast, Size, Trends and Insights

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Latvia: Derivatives Of Hydrocarbons Market 2024

Derivatives Of Hydrocarbons Market Size in Latvia

The Latvian derivatives of hydrocarbons market shrank notably to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption, however, enjoyed a noticeable increase. Derivatives of hydrocarbons consumption peaked at $X in 2021, and then contracted remarkably in the following year.

Derivatives Of Hydrocarbons Production in Latvia

In value terms, derivatives of hydrocarbons production dropped markedly to $X in 2022 estimated in export price. In general, production saw a dramatic setback. Derivatives of hydrocarbons production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Derivatives Of Hydrocarbons Exports

Exports from Latvia

In 2022, the amount of derivatives of hydrocarbons other than containing only sulpho-, nitro-, or nitroso groups exported from Latvia fell remarkably to X kg, shrinking by X% against the previous year. Overall, exports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, derivatives of hydrocarbons exports skyrocketed to $X in 2022. Over the period under review, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

India (X kg), the United States (X kg) and Russia (X kg) were the main destinations of derivatives of hydrocarbons exports from Latvia, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) emerged as the key foreign market for derivatives of hydrocarbons other than containing only sulpho-, nitro-, or nitroso groups exports from Latvia, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Japan (X% per year).

Export Prices by Country

In 2022, the average derivatives of hydrocarbons export price amounted to $X per ton, picking up by X% against the previous year. Overall, the export price showed significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X,647 per ton), while the average price for exports to Russia ($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 China (X.4%), while the prices for the other major destinations experienced more modest paces of growth.

Derivatives Of Hydrocarbons Imports

Imports into Latvia

Derivatives of hydrocarbons imports into Latvia fell rapidly to X tons in 2022, waning by X% compared with 2021. Over the period under review, imports showed a perceptible contraction. The growth pace was the most rapid in 2017 with an increase of X%. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, derivatives of hydrocarbons imports dropped sharply to $X in 2022. In general, imports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then shrank remarkably in the following year.

Imports by Country

In 2022, Germany (X tons) constituted the largest derivatives of hydrocarbons supplier to Latvia, with a X% share of total imports. Moreover, derivatives of hydrocarbons imports from Germany exceeded the figures recorded by the second-largest supplier, Ukraine (X kg), sixfold.

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

In value terms, Ukraine ($X) constituted the largest supplier of derivatives of hydrocarbons other than containing only sulpho-, nitro-, or nitroso groups to Latvia, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports.

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

Import Prices by Country

In 2022, the average derivatives of hydrocarbons import price amounted to $X per ton, declining by X% against the previous year. Overall, the import price, however, enjoyed a significant increase. The growth pace was the most rapid in 2017 an increase of X% against the previous year. The import price peaked at $X per ton in 2020; however, from 2021 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 Ukraine ($X per ton), while the price for Germany stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (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 derivatives of hydrocarbons other than containing only sulpho-, nitro-, or nitroso groups in the world?

The countries with the highest volumes of consumption in 2023 were Kuwait, Japan and India, with a combined 47% share of global consumption. Germany, Spain, Brazil, Algeria, Turkey, Australia, Italy, the United States and South Korea lagged somewhat behind, together comprising a further 36%.

What are the largest producers of derivatives of hydrocarbons other than containing only sulpho-, nitro-, or nitroso groups in the world?

The country with the largest volume of derivatives of hydrocarbons production was Kuwait, comprising approx. 93% of total volume. Moreover, derivatives of hydrocarbons production in Kuwait exceeded the figures recorded by the second-largest producer, China, more than tenfold.

What are the leading suppliers of derivatives of hydrocarbons other than containing only sulpho-, nitro-, or nitroso groups to Latvia?

In value terms, Ukraine constituted the largest supplier of derivatives of hydrocarbons other than containing only sulpho-, nitro-, or nitroso groups to Latvia, comprising 63% of total imports. The second position in the ranking was taken by Germany, with a 31% share of total imports.

What are the leading importers of derivatives of hydrocarbons other than containing only sulpho-, nitro-, or nitroso groups from Latvia?

In value terms, the United States emerged as the key foreign market for derivatives of hydrocarbons other than containing only sulpho-, nitro-, or nitroso groups exports from Latvia, comprising 75% of total exports. The second position in the ranking was taken by the UK, with a 13% share of total exports. It was followed by Japan, with a 4.4% share.

What is the average export price for derivatives of hydrocarbons other than containing only sulpho-, nitro-, or nitroso groups in Latvia?

In 2022, the average derivatives of hydrocarbons export price amounted to $691,410 per ton, jumping by 1,215% against the previous year.

What is the average import price for derivatives of hydrocarbons other than containing only sulpho-, nitro-, or nitroso groups in Latvia?

In 2022, the average derivatives of hydrocarbons import price amounted to $35,635 per ton, reducing by -65.7% against the previous year.

This report provides an in-depth analysis of the derivatives of hydrocarbons 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:

Prodcom 20141490 - Derivatives of hydrocarbons (excluding those containing only sulpho groups, their salts and ethyl esters, those containing only nitro or only nitroso groups)

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