Latvia - Hydantoin And Its Derivatives - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHydantoin Price in Latvia - 2023
Contents:
- Hydantoin Price in Latvia (CIF) - 2022
- Hydantoin Price in Latvia (FOB) - 2022
- Hydantoin Imports in Latvia
- Hydantoin Exports in Latvia
Hydantoin Price in Latvia (CIF) - 2022
In 2022, the average hydantoin import price amounted to $57,067 per ton, declining by -68% against the previous year. Over the period under review, the import price, however, showed a strong expansion. The pace of growth was the most pronounced in 2017 an increase of 360% against the previous year. The import price peaked at $239,147 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 Germany ($59,776 per ton), while the price for Belgium ($31,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+106.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Hydantoin Price in Latvia (FOB) - 2022
In 2022, the average hydantoin export price amounted to $7,943 per ton, with an increase of 27% against the previous year. Overall, the export price recorded a slight expansion. The pace of growth appeared the most rapid in 2018 an increase of 1,547%. As a result, the export price reached the peak level of $124,333 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($26,615 per ton), while the average price for exports to Japan ($7,174 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+26.7%), while the prices for the other major destinations experienced a decline.
Hydantoin Imports in Latvia
In 2022, the amount of hydantoin and its derivatives imported into Latvia soared to 282 kg, jumping by 135% compared with 2021 figures. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, hydantoin imports contracted rapidly to $16K in 2022. Overall, imports recorded notable growth. The pace of growth was the most pronounced in 2020 with an increase of 143%. As a result, imports attained the peak of $34K. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Hydantoin in Latvia (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | N/A | N/A | N/A | 11.5 | 0% |
Germany | 0.1 | 4.3 | 0.5 | 4.0 | 242.0% |
Belgium | N/A | 0.3 | 0.3 | 0.3 | 0.0% |
Poland | 0.8 | N/A | 0.1 | 0.1 | -50.0% |
Sweden | N/A | N/A | 0.9 | N/A | 0% |
Ukraine | 13.0 | 25.7 | 19.6 | N/A | 22.8% |
Others | 0.2 | 3.9 | N/A | 0.2 | 0.0% |
Total | 14.1 | 34.2 | 21.4 | 16.1 | 4.5% |
Top Suppliers of Hydantoin to Latvia in 2022:
- Netherlands (200.0 kg)
- Germany (67.0 kg)
- Belgium (10.0 kg)
- Poland (1.0 kg)
Hydantoin Exports in Latvia
In 2022, overseas shipments of hydantoin and its derivatives decreased by -14.8% to 1.7 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 587%. As a result, the exports reached the peak of 1.9 tons, and then dropped in the following year.
In value terms, hydantoin exports rose significantly to $13K in 2022. Overall, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 446% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the near future.
Export of Hydantoin in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | N/A | 0.6 | 7.6 | 5.2 | 194.4% |
Japan | N/A | N/A | N/A | 3.2 | 0% |
Russia | N/A | N/A | N/A | 3.2 | 0% |
Germany | N/A | 1.6 | N/A | 0.8 | -29.3% |
Poland | N/A | N/A | N/A | 0.7 | 0% |
Belgium | 0.4 | N/A | N/A | N/A | 0% |
Estonia | N/A | 0.4 | 1.5 | N/A | 275.0% |
Others | 0.2 | 0.7 | 3.1 | N/A | 293.7% |
Total | 0.6 | 3.4 | 12.1 | 13.1 | 179.5% |
Top Export Markets for Hydantoin from Latvia in 2022:
- United Kingdom (702.0 kg)
- Japan (448.0 kg)
- Russia (443.0 kg)
- Germany (32.0 kg)
- Poland (26.0 kg)
This report provides an in-depth analysis of the hydantoin 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 21103140 - Hydantoin and its derivatives
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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