Carbonates; Potassium Carbonate Price in Latvia - 2023
Contents:
- Carbonates; Potassium Carbonate Price in Latvia (CIF) - 2022
- Carbonates; Potassium Carbonate Price in Latvia (FOB) - 2022
- Carbonates; Potassium Carbonate Imports in Latvia
- Carbonates; Potassium Carbonate Exports in Latvia
Carbonates; Potassium Carbonate Price in Latvia (CIF) - 2022
In 2022, the average carbonates; potassium carbonate import price amounted to $2,954 per ton, growing by 100% against the previous year. Over the period under review, the import price continues to indicate a strong expansion. The pace of growth was the most pronounced in 2019 an increase of 124% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.
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 China ($8,011 per ton), while the price for Russia ($740 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Carbonates; Potassium Carbonate Price in Latvia (FOB) - 2022
The average carbonates; potassium carbonate export price stood at $2,854 per ton in 2022, increasing by 82% against the previous year. In general, the export price, however, recorded a mild contraction. The export price peaked at $3,177 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($3,318 per ton), while the average price for exports to Lithuania ($1,324 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.
Carbonates; Potassium Carbonate Imports in Latvia
In 2022, supplies from abroad of carbonates; potassium carbonates decreased by -58.8% to 38 tons, falling for the second year in a row after two years of growth. In general, imports recorded a dramatic setback. The pace of growth was the most pronounced in 2020 with an increase of 81% against the previous year. As a result, imports attained the peak of 143 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, carbonates; potassium carbonate imports reduced remarkably to $113K in 2022. Over the period under review, imports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 30% against the previous year. As a result, imports reached the peak of $184K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Carbonates; Potassium Carbonate in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 2.6 | 15.5 | 30.8 | 49.1 | 166.3% |
| China | 37.7 | 26.1 | 18.9 | 40.0 | 2.0% |
| Germany | 0.4 | 3.5 | 8.5 | 16.3 | 244.1% |
| Russia | N/A | N/A | N/A | 7.4 | 0% |
| South Korea | 48.3 | N/A | 21.7 | N/A | -33.0% |
| Lithuania | 15.9 | 19.6 | 12.8 | N/A | -10.3% |
| Czech Republic | N/A | 104 | 43.7 | N/A | -58.0% |
| Netherlands | N/A | 7.1 | N/A | N/A | 0% |
| Others | 36.3 | 7.6 | 0.5 | 0.1 | -86.0% |
| Total | 141 | 184 | 137 | 113 | -7.1% |
Top Suppliers of Carbonates; Potassium Carbonate to Latvia in 2022:
- Poland (20.4 tons)
- Russia (10.0 tons)
- China (5.0 tons)
- Germany (2.8 tons)
Carbonates; Potassium Carbonate Exports in Latvia
In 2022, shipments abroad of carbonates; potassium carbonates decreased by -72.9% to 13 tons, falling for the second consecutive year after two years of growth. In general, exports saw a abrupt decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 296% against the previous year. As a result, the exports reached the peak of 103 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, carbonates; potassium carbonate exports fell sharply to $38K in 2022. Over the period under review, exports, however, showed a mild expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 249%. As a result, the exports attained the peak of $127K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Carbonates; Potassium Carbonate in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 16.8 | 22.1 | 34.0 | 32.8 | 25.0% |
| Lithuania | N/A | N/A | N/A | 4.0 | 0% |
| Estonia | N/A | 0.1 | N/A | 0.8 | 182.8% |
| Germany | N/A | N/A | N/A | 0.7 | 0% |
| United States | N/A | 104 | 43.7 | N/A | -58.0% |
| Italy | 19.5 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 36.3 | 127 | 77.7 | 38.3 | 1.8% |
Top Export Markets for Carbonates; Potassium Carbonate from Latvia in 2022:
- Finland (9.9 tons)
- Lithuania (3.0 tons)
- Germany (0.3 tons)
- Estonia (0.3 tons)
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