Price for Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in Latvia - 2023

Contents:

1. Price for Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in Latvia (CIF) - 2022
2. Price for Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in Latvia (FOB) - 2022
3. Imports of Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in Latvia
4. Exports of Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in Latvia

Price for Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in Latvia (CIF) - 2022

In 2022, the average import price for activated carbon; activated natural mineral products; animal black, including spent animal blacks amounted to $1,623 per ton, reducing by -21.4% against the previous year. Overall, the import price recorded a perceptible contraction. The most prominent rate of growth was recorded in 2020 an increase of 23%. Over the period under review, average import prices hit record highs at $2,975 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 the United States ($5,789 per ton), while the price for Sweden ($361 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in Latvia (FOB) - 2022

In 2022, the average export price for activated carbon; activated natural mineral products; animal black, including spent animal blacks amounted to $2,922 per ton, waning by -24.4% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 28% against the previous year. The export price peaked at $3,866 per ton in 2021, and then dropped sharply in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($4,458 per ton), while the average price for exports to Lithuania ($1,613 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 Uzbekistan (+39.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in Latvia

For the fourth year in a row, Latvia recorded growth in supplies from abroad of activated carbon; activated natural mineral products; animal black, including spent animal blacks, which increased by 40% to 942 tons in 2022. Overall, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of activated carbon; activated natural mineral products; animal black, including spent animal blacks rose remarkably to $1.5M in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +24.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +92.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 58% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black to Latvia in 2022:

1. Spain (275.7 tons)
2. Belarus (252.8 tons)
3. Germany (76.5 tons)
4. Poland (70.5 tons)
5. Sweden (66.0 tons)
6. Netherlands (47.3 tons)
7. Italy (40.4 tons)
8. Russia (33.8 tons)

Exports of Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black in Latvia

In 2022, shipments abroad of activated carbon; activated natural mineral products; animal black, including spent animal blacks decreased by -18.1% to 295 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 187% against the previous year. As a result, the exports reached the peak of 443 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of activated carbon; activated natural mineral products; animal black, including spent animal blacks fell sharply to $861K in 2022. In general, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 269% against the previous year. As a result, the exports attained the peak of $1.4M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Activated Carbon; Activated Natural Mineral Products; Animal Black, Including Spent Animal Black from Latvia in 2022:

1. Kazakhstan (205.3 tons)
2. Russia (41.0 tons)
3. Estonia (18.8 tons)
4. Uzbekistan (9.4 tons)
5. Lithuania (9.2 tons)
6. Belarus (6.1 tons)

Source: IndexBox Market Intelligence Platform