Report Update Apr 1, 2024

Latvia - Phosphinates (Hypophosphites) and Phosphonates (Phosphites) - Market Analysis, Forecast, Size, Trends and Insights

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Latvia: Phosphinates And Phosphonates Market 2024

Phosphinates And Phosphonates Market Size in Latvia

In 2022, the Latvian phosphinates and phosphonates market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, the total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Phosphinates and phosphonates consumption peaked in 2022 and is likely to see steady growth in years to come.

Phosphinates And Phosphonates Production in Latvia

In value terms, phosphinates and phosphonates production fell slightly to $X in 2022 estimated in export price. In general, the total production indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Phosphinates And Phosphonates Exports

Exports from Latvia

In 2022, exports of phosphinates (hypophosphites) and phosphonates (phosphites) from Latvia skyrocketed to X tons, picking up by X% against 2021 figures. In general, exports recorded a resilient expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, phosphinates and phosphonates exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X kg) was the main destination for phosphinates and phosphonates exports from Latvia, with a X% share of total exports. Moreover, phosphinates and phosphonates exports to Russia exceeded the volume sent to the second major destination, Belarus (X kg), twofold.

From 2013 to 2022, the average annual growth rate of volume to Russia was relatively modest.

In value terms, Russia ($X) emerged as the key foreign market for phosphinates (hypophosphites) and phosphonates (phosphites) exports from Latvia, comprising X% of total exports. The second position in the ranking was held by Belarus ($X), with a X% share of total exports.

From 2013 to 2022, the average annual growth rate of value to Russia was relatively modest.

Export Prices by Country

The average phosphinates and phosphonates export price stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the export price posted a significant expansion. 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 Russia ($X per ton), while the average price for exports to Belarus totaled $X per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (X%).

Phosphinates And Phosphonates Imports

Imports into Latvia

Phosphinates and phosphonates imports into Latvia soared to X tons in 2022, picking up by X% against 2021 figures. Over the period under review, imports showed a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, phosphinates and phosphonates imports soared to $X in 2022. In general, imports showed buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Germany (X tons) was the main phosphinates and phosphonates supplier to Latvia, accounting for a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at X%.

In value terms, Germany ($X) constituted the largest supplier of phosphinates (hypophosphites) and phosphonates (phosphites) to Latvia.

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

Import Prices by Country

In 2022, the average phosphinates and phosphonates import price amounted to $X per ton, dropping by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then plummeted in the following year.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Lithuania amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for phosphinates (hypophosphites) and phosphonates (phosphites) in the world?

China constituted the country with the largest volume of phosphinates and phosphonates consumption, comprising approx. 20% of total volume. Moreover, phosphinates and phosphonates consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was taken by the United States, with a 7.7% share.

What are the largest producers of phosphinates (hypophosphites) and phosphonates (phosphites) in the world?

China remains the largest phosphinates and phosphonates producing country worldwide, accounting for 45% of total volume. Moreover, phosphinates and phosphonates production in China exceeded the figures recorded by the second-largest producer, India, fivefold. Pakistan ranked third in terms of total production with a 5.8% share.

What are the leading suppliers of phosphinates (hypophosphites) and phosphonates (phosphites) to Latvia?

In value terms, Germany constituted the largest supplier of phosphinates hypophosphites) and phosphonates phosphites) to Latvia.

What are the leading importers of phosphinates (hypophosphites) and phosphonates (phosphites) from Latvia?

In value terms, Russia emerged as the key foreign market for phosphinates hypophosphites) and phosphonates phosphites) exports from Latvia, comprising 99% of total exports. The second position in the ranking was taken by Belarus $829), with a 0.7% share of total exports.

What is the average export price for phosphinates (hypophosphites) and phosphonates (phosphites) in Latvia?

The average phosphinates and phosphonates export price stood at $96,256 per ton in 2022, with an increase of 2,626% against the previous year.

What is the average import price for phosphinates (hypophosphites) and phosphonates (phosphites) in Latvia?

The average phosphinates and phosphonates import price stood at $2,148 per ton in 2022, shrinking by -80.7% against the previous year.

This report provides an in-depth analysis of the phosphinates and phosphonates 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 20134220 - Phosphinates (hypophosphites) and phosphonates (phosphites)

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