Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Latvia - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Latvia (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Latvia (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Latvia
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Latvia
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Latvia (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses stood at $2,936 per ton in 2022, shrinking by -17.9% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 42% against the previous year. The import price peaked at $3,576 per ton in 2021, and then dropped notably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($8,568 per ton), while the price for the United States ($2,547 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Latvia (FOB) - 2022
In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $3,383 per ton, increasing by 32% against the previous year. Over the period under review, the export price posted a measured increase. The pace of growth appeared the most rapid in 2021 when the average export price increased by 54%. Over the period under review, the average export prices attained the maximum at $4,312 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Lithuania ($3,770 per ton) and Estonia ($3,388 per ton), while the average price for exports to Germany ($3,014 per ton) and Belarus ($3,320 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+29.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Latvia
In 2022, the amount of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses imported into Latvia soared to 108 tons, growing by 187% compared with the previous year. 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, imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses soared to $318K in 2022. Overall, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | N/A | N/A | N/A | 110 | 0% |
| United States | N/A | N/A | N/A | 107 | 0% |
| Belgium | 96.1 | 52.1 | 39.5 | 44.9 | -22.4% |
| Spain | 13.6 | 19.1 | 16.9 | 26.3 | 24.6% |
| Lithuania | 7.1 | 6.6 | 19.0 | 9.6 | 10.6% |
| Estonia | N/A | N/A | N/A | 8.3 | 0% |
| Poland | N/A | N/A | 34.5 | 1.2 | -96.5% |
| China | 27.5 | N/A | N/A | N/A | 0% |
| Others | 20.5 | 23.7 | 25.2 | 11.2 | -18.2% |
| Total | 165 | 102 | 135 | 318 | 24.4% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters to Latvia in 2022:
- Finland (42.0 tons)
- United States (42.0 tons)
- Belgium (15.0 tons)
- Spain (3.1 tons)
- Estonia (2.8 tons)
- Lithuania (2.4 tons)
- Poland (0.4 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Latvia
In 2022, exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses from Latvia skyrocketed to 40 tons, with an increase of 183% compared with 2021. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses skyrocketed to $134K in 2022. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 0.4 | N/A | N/A | 66.4 | 449.6% |
| Estonia | 20.6 | 19.3 | 31.6 | 40.1 | 24.9% |
| Belarus | N/A | N/A | N/A | 15.1 | 0% |
| Lithuania | 0.7 | 2.1 | 1.7 | 5.5 | 98.8% |
| Germany | 0.4 | 0.9 | 0.8 | 3.9 | 113.6% |
| Others | 2.6 | 0.8 | 1.8 | 3.4 | 9.4% |
| Total | 24.7 | 23.0 | 35.9 | 134 | 75.7% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters from Latvia in 2022:
- Russia (19.9 tons)
- Estonia (11.8 tons)
- Belarus (4.5 tons)
- Lithuania (1.5 tons)
- Germany (1.3 tons)
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