![Latvia - Ferro-Chromium - Market Analysis, Forecast, Size, Trends And Insights](/landing/img/reports/latvia-ferro-chromium-market-analysis-forecast-size-trends-and-insights.webp)
Latvia - Ferro-Chromium - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingFerro-Chromium Price in Latvia - 2023
Contents:
- Ferro-Chromium Price in Latvia (CIF) - 2022
- Ferro-Chromium Price in Latvia (FOB) - 2022
- Ferro-Chromium Imports in Latvia
- Ferro-Chromium Exports in Latvia
Ferro-Chromium Price in Latvia (CIF) - 2022
In 2022, the average ferro-chromium import price amounted to $328 per ton, declining by -86% against the previous year. In general, the import price recorded a abrupt slump. The most prominent rate of growth was recorded in 2016 when the average import price increased by 23% against the previous year. The import price peaked at $2,579 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lithuania ($319 per ton), while the price for Sweden ($209 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+1.6%), while the prices for the other major suppliers experienced a decline.
Ferro-Chromium Price in Latvia (FOB) - 2022
The average ferro-chromium export price stood at $2,796 per ton in 2022, growing by 50% against the previous year. Over the period under review, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached 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 Finland ($5,626 per ton), while the average price for exports to Germany ($1,397 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+46.6%), while the prices for the other major destinations experienced more modest paces of growth.
Ferro-Chromium Imports in Latvia
Ferro-chromium imports into Latvia skyrocketed to 181 tons in 2022, growing by 723% against the year before. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, ferro-chromium imports skyrocketed to $59K in 2022. Overall, imports, however, showed a noticeable reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 49%.
Import of Ferro-Chromium in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | N/A | N/A | 32.5 | 38.0 | 16.9% |
Lithuania | 11.2 | 16.2 | 9.7 | 5.0 | -23.6% |
Sweden | N/A | 18.2 | 9.1 | 2.6 | -62.2% |
Zimbabwe | 57.2 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | 13.6 | 0% |
Total | 68.4 | 34.4 | 51.4 | 59.3 | -4.6% |
Top Suppliers of Ferro-Chromium to Latvia in 2022:
- Russia (147.0 tons)
- Lithuania (15.6 tons)
- Sweden (12.6 tons)
Ferro-Chromium Exports in Latvia
In 2022, exports of ferro-chromium from Latvia fell dramatically to 79 tons, dropping by -17.2% against the previous year. Over the period under review, exports saw a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 266% against the previous year.
In value terms, ferro-chromium exports surged to $220K in 2022. Overall, exports showed a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 266%.
Export of Ferro-Chromium in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Finland | N/A | N/A | N/A | 147 | 0% |
Germany | N/A | N/A | N/A | 72.7 | 0% |
Bulgaria | 303 | N/A | N/A | N/A | 0% |
Others | N/A | 48.6 | 178 | 1.2 | -84.3% |
Total | 303 | 48.6 | 178 | 220 | -10.1% |
Top Export Markets for Ferro-Chromium from Latvia in 2022:
- Germany (52.0 tons)
- Finland (26.1 tons)
This report provides an in-depth analysis of the ferro-chromium 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:
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
- 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
-
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
-
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
-
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
-
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
-
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
-
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
This report provides an in-depth analysis of the ferro-chromium market in Latvia.
This report provides an in-depth analysis of the ferro-alloys market in Latvia.
This report provides an in-depth analysis of the miscellaneous ferro-alloys market in Latvia.
This report provides an in-depth analysis of the ferro-silicon market in Latvia.
This report provides an in-depth analysis of the ferro-manganese market in Latvia.
This report provides an in-depth analysis of the ferro-titanium and ferro-silico-titanium market in Latvia.
This report provides an in-depth analysis of the ferro-silico-manganese market in Latvia.
This report provides an in-depth analysis of the ferro-molybdenum market in Latvia.
This report provides an in-depth analysis of the global ferro-chromium market.
This report provides an in-depth analysis of the global ferro-alloys market.
Discover the top import markets for Ferro-Chromium and their impact on the global market. Learn about the key players driving demand for this essential alloy.
China dominates the world market for ferro-alloys, importing a staggering $9.8 billion worth of these alloys in 2022. The United States, Japan, Indonesia, Germany, the Netherlands, Italy, South Korea, Turkey, and India are also major importers of ferro-alloys, driven by their respective manufacturing sectors and domestic consumption.
The conflict between Russia and Ukraine has had a significant impact on the ferroalloy industry. The main producing regions of ferroalloys are located in Eastern Europe, which has been affected by the conflict.
Throughout January-September 2021, global ferroalloy trade totalled $11.8B, increasing by +36% compared to the same period last year. This spike was caused by growing prices, as imports in physical terms remained nearly unchanged against the previous year’s figures. China tops the ferroalloy importer ranking with 29% of the total value, followed by Japan and the U.S. The average ferroalloy import price in September 2021 was estimated at $2.5 per kg, a 56%-increase compared to those of September 2020.
The global trade in ferro-alloys amounted to X million USD in 2015, fluctuating wildly over the period under review. A plunge in 2009 was followed by recovery over the next two years, until exports decreased again. Exports continued falling for th
Explore the top import markets for miscellaneous ferro-alloys in 2023, including key statistics and insights. Discover the leading countries driving global trade in ferro-alloys.
Explore the top import markets for ferro-silicon and delve into the key statistics and numbers behind these markets. Learn about the demand drivers and trends in these key markets.
Ferrosilicon consumption is expected to continue rising due to the further growth of solar energy.
Discover the leading countries for importing Ferro-Silico-Manganese and the key factors driving their demand. Learn about the global market trends and statistics.
Explore the top import markets for Ferro-Molybdenum in the world, including key statistics on import values and market insights.