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Latvia - Degras - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDegras Price in Latvia - 2023
Contents:
- Degras Price in Latvia (FOB) - 2022
- Degras Price in Latvia (CIF) - 2023
- Degras Exports in Latvia
- Degras Imports in Latvia
Degras Price in Latvia (FOB) - 2022
In 2022, the average degras export price amounted to $1,597 per ton, surging by 26% against the previous year. Over the period under review, the export price saw a significant expansion. The growth pace was the most rapid in 2020 an increase of 49% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in the near future.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($1,611 per ton), while the average price for exports to Estonia totaled $865 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+30.6%), while the prices for the other major destinations experienced mixed trend patterns.
Degras Price in Latvia (CIF) - 2023
The average degras import price stood at $193 per ton in September 2023, with a decrease of -59.4% against the previous month. Over the period under review, the import price saw a sharp decrease. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 4.2% month-to-month. The import price peaked at $2,040 per ton in November 2022; however, from December 2022 to September 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Russia.
From November 2022 to September 2023, the rate of growth in terms of prices for Russia amounted to -14.8% per month.
Degras Exports in Latvia
In 2022, exports of degras from Latvia dropped to 476 tons, waning by -13.1% compared with the year before. Over the period under review, exports saw a abrupt setback. The pace of growth was the most pronounced in 2021 when exports increased by 74%.
In value terms, degras exports rose rapidly to $760K in 2022. Overall, exports, however, recorded a buoyant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 151% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
Export of Degras in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 147 | 257 | 603 | 752 | 72.3% |
Estonia | 217 | 13.0 | 79.4 | 7.7 | -67.1% |
Lithuania | 147 | 6.3 | 10.5 | N/A | -73.3% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 511 | 276 | 693 | 760 | 14.1% |
Top Export Markets for Degras from Latvia in 2022:
- Poland (466.7 tons)
- Estonia (8.8 tons)
Degras Imports in Latvia
In 2022, the amount of degras imported into Latvia surged to 7 kg, growing by 40% against 2021 figures. Over the period under review, total imports indicated significant growth from 2021 to 2022: its volume increased at an average annual rate of +40.0% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, degras imports soared to $21K in 2022. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Degras in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
Russia | N/A | 21.3 | 0% | ||
Israel | N/A | 0.1 | 0% | ||
Norway | N/A | N/A | 0% | ||
United Kingdom | N/A | N/A | 0% | ||
Others | N/A | N/A | 0% | ||
Total | N/A | 21.5 | 0% |
Top Suppliers of Degras to Latvia in 2022:
- Russia (4.0 kg)
- United Kingdom (1.0 kg)
- Israel (1.0 kg)
- Norway (1.0 kg)
This report provides an in-depth analysis of the degras 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 10417200 - Degras, residues resulting from the treatment of fatty substances or animal or vegetable waxes
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
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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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