Metals; Platinum, Semi-Manufactured Price in Latvia - 2022

Contents:

1. Metals; Platinum, Semi-Manufactured Price in Latvia (CIF) - 2022
2. Metals; Platinum, Semi-Manufactured Imports in Latvia

Metals; Platinum, Semi-Manufactured Price in Latvia (CIF) - 2022

The average metals; platinum, semi-manufactured import price stood at $40,875,400 per ton in 2022, increasing by 2,380% against the previous year. Overall, the import price, however, showed a noticeable reduction. The most prominent rate of growth was recorded in 2019 an increase of 8,793% against the previous year. The import price peaked at $73,273,800 per ton in 2020; however, from 2021 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 Russia ($65,384,000 per ton), while the price for Germany ($1,790,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+1.5%), while the prices for the other major suppliers experienced a decline.

Metals; Platinum, Semi-Manufactured Imports in Latvia

In 2022, the amount of metals; platinum, semi-manufactureds imported into Latvia surged to 5 kg, growing by 400% compared with the previous year. Overall, imports saw a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, metals; platinum, semi-manufactured imports soared to $204K in 2022. Over the period under review, imports, however, faced a deep reduction.

Top Suppliers of Metals; Platinum, Semi-Manufactured to Latvia in 2022:

1. Russia (3.0 kg)
2. Germany (1.0 kg)
3. Lithuania (1.0 kg)

Source: IndexBox Market Intelligence Platform