Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Latvia - 2023

Contents:

1. Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Latvia (CIF) - 2022
2. Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Latvia (FOB) - 2022
3. Imports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Latvia
4. Exports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Latvia

Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Latvia (CIF) - 2022

The average import price for acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses stood at $6,479 per ton in 2022, surging by 3.1% against the previous year. Overall, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses decreased by -2.3% against 2018 indices. The most prominent rate of growth was recorded in 2018 an increase of 43%. As a result, import price attained the peak level of $6,633 per ton. From 2019 to 2022, the average 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 Lithuania ($8,842 per ton), while the price for France ($5,348 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Latvia (FOB) - 2022

In 2022, the average export price for acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses amounted to $12,662 per ton, rising by 38% against the previous year. In general, the export price continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2021 when the average export price increased by 62%. The export price peaked in 2022 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Estonia.

From 2013 to 2022, the rate of growth in terms of prices for Belarus amounted to +16.9% per year.

Imports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Latvia

Imports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses into Latvia plummeted to 21 tons in 2022, dropping by -25.2% compared with 2021. Overall, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 123% against the previous year.

In value terms, imports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses reduced markedly to $135K in 2022. In general, imports showed a deep reduction. The growth pace was the most rapid in 2021 when imports increased by 151%. As a result, imports reached the peak of $176K, and then contracted sharply in the following year.

Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters to Latvia in 2022:

1. Spain (14.4 tons)
2. France (5.3 tons)
3. Lithuania (0.8 tons)
4. Finland (0.3 tons)

Exports of Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters in Latvia

In 2022, overseas shipments of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses increased by 31% to 195 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a precipitous decrease.

In value terms, exports of acids; acyclic polycarboxylic acids; azelaic acid, sebacic acid, their salts and esterses skyrocketed to $2.5K in 2022. Over the period under review, exports, however, recorded a sharp slump.

Top Export Markets for Acids; Acyclic Polycarboxylic Acids; Azelaic Acid, Sebacic Acid, Their Salts and Esters from Latvia in 2022:

1. Estonia (195.0 kg)

Source: IndexBox Market Intelligence Platform