Artificial Graphite Price in Latvia - 2023

Contents:

1. Artificial Graphite Price in Latvia (CIF) - 2022
2. Artificial Graphite Price in Latvia (FOB) - 2022
3. Artificial Graphite Imports in Latvia
4. Artificial Graphite Exports in Latvia

Artificial Graphite Price in Latvia (CIF) - 2022

In 2022, the average artificial graphite import price amounted to $1,751 per ton, surging by 12% against the previous year. Over the period under review, the import price recorded a strong increase. The growth pace was the most rapid in 2013 an increase of 164%. The import price peaked at $3,943 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($19,636 per ton), while the price for Denmark ($1,326 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+22.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Artificial Graphite Price in Latvia (FOB) - 2022

In 2022, the average artificial graphite export price amounted to $31,520 per ton, remaining stable against the previous year. Over the period under review, the export price recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2020 an increase of 89%. The export price peaked at $50,667 per ton in 2012; however, from 2013 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 Estonia.

From 2012 to 2022, the rate of growth in terms of prices for Ukraine amounted to +112.3% per year.

Artificial Graphite Imports in Latvia

Artificial graphite imports into Latvia surged to 99 tons in 2022, rising by 48% compared with the previous year's figure. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +6.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, artificial graphite imports soared to $174K in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +6.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Artificial Graphite to Latvia in 2022:

1. Denmark (89.6 tons)
2. Sweden (8.3 tons)
3. Lithuania (0.4 tons)

Artificial Graphite Exports in Latvia

In 2022, the amount of artificial graphite exported from Latvia was estimated at 375 kg, flattening at the previous year's figure. Over the period under review, exports faced a dramatic decrease. The smallest decline of -89.3% was in 2020.

In value terms, artificial graphite exports amounted to $12K in 2022. In general, exports saw a abrupt curtailment. The smallest decline of -79.9% was in 2020.

Top Export Markets for Artificial Graphite from Latvia in 2022:

1. Estonia (375.0 kg)

Source: IndexBox Market Intelligence Platform