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Latvia - Ammonium Sulphate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAmmonium Sulphate Price in Latvia - 2023
Contents:
- Ammonium Sulphate Price in Latvia (CIF) - 2023
- Ammonium Sulphate Price in Latvia (FOB) - 2023
- Ammonium Sulphate Imports in Latvia
- Ammonium Sulphate Exports in Latvia
Ammonium Sulphate Price in Latvia (CIF) - 2023
The average ammonium sulphate import price stood at $152 per ton in September 2023, declining by -21.6% against the previous month. Overall, the import price showed a deep setback. The most prominent rate of growth was recorded in June 2023 an increase of 66% m-o-m. Over the period under review, average import prices hit record highs at $564 per ton in November 2022; however, from December 2022 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Lithuania ($309 per ton), while the price for Finland ($137 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (0.0%), while the prices for the other major suppliers experienced a decline.
Ammonium Sulphate Price in Latvia (FOB) - 2023
The average ammonium sulphate export price stood at $234 per ton in September 2023, rising by 2.5% against the previous month. Overall, the export price, however, recorded a deep contraction. The most prominent rate of growth was recorded in April 2023 an increase of 41% against the previous month. Over the period under review, the average export prices reached the peak figure at $704 per ton in September 2022; however, from October 2022 to September 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Moldova ($284 per ton), while the average price for exports to Lithuania ($137 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Moldova (+11.4%), while the prices for the other major destinations experienced mixed trend patterns.
Ammonium Sulphate Imports in Latvia
In 2022, approx. 143K tons of ammonium sulphate were imported into Latvia; picking up by 76% on the previous year. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, ammonium sulphate imports soared to $58M in 2022. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 160% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.
Import of Ammonium Sulphate in Latvia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 0.6 | N/A | 8.7 | 23.1 | 237.7% |
Finland | 1.5 | N/A | 1.9 | 11.9 | 99.4% |
Poland | N/A | N/A | 2.9 | 7.8 | 169.0% |
Lithuania | 4.4 | 4.1 | 4.5 | 7.7 | 20.5% |
Russia | 3.8 | 4.5 | 4.7 | 5.7 | 14.5% |
Germany | N/A | N/A | 0.1 | 1.8 | 1700.0% |
Others | 0.4 | 0.1 | 0.1 | 0.2 | -20.6% |
Total | 10.8 | 8.8 | 22.8 | 58.2 | 75.3% |
Top Suppliers of Ammonium Sulphate to Latvia in 2022:
- Belgium (47.1K tons)
- Russia (30.7K tons)
- Finland (29.5K tons)
- Lithuania (16.2K tons)
- Poland (15.4K tons)
- Germany (3.1K tons)
Ammonium Sulphate Exports in Latvia
In 2022, approx. 14K tons of ammonium sulphate were exported from Latvia; falling by -22.7% against 2021 figures. In general, exports faced a sharp contraction. The growth pace was the most rapid in 2021 with an increase of 141%.
In value terms, ammonium sulphate exports fell to $6.6M in 2022. Overall, exports saw a deep reduction. The pace of growth was the most pronounced in 2021 when exports increased by 326%.
Export of Ammonium Sulphate in Latvia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lithuania | 5.6 | 1.6 | 1.5 | 5.7 | 0.6% |
Estonia | 0.4 | 0.1 | N/A | 0.9 | 31.0% |
Belgium | 0.6 | N/A | N/A | N/A | 0% |
Germany | 1.4 | N/A | N/A | N/A | 0% |
United Kingdom | 0.5 | N/A | N/A | N/A | 0% |
France | 0.6 | N/A | N/A | N/A | 0% |
Ukraine | 0.1 | N/A | 5.8 | N/A | 661.6% |
Others | 0.1 | N/A | 0.1 | N/A | 0.0% |
Total | 9.1 | 1.8 | 7.5 | 6.6 | -10.2% |
Top Export Markets for Ammonium Sulphate from Latvia in 2022:
- Lithuania (11.1K tons)
- Estonia (3.4K tons)
This report provides an in-depth analysis of the ammonium sulphate 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:
- FCL 4002 - Ammonium sulphate
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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