Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Latvia - 2023
Contents:
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Latvia (CIF) - 2022
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Latvia (FOB) - 2022
- Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Latvia
- Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Latvia
Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Latvia (CIF) - 2022
In 2022, the average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses amounted to $34,118 per ton, falling by -38.6% against the previous year. Overall, the import price recorded a abrupt decrease. The growth pace was the most rapid in 2020 an increase of 61%. The import price peaked at $151,324 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($194,880 per ton), while the price for Ireland ($14,633 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Latvia (FOB) - 2022
The average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses stood at $84,829 per ton in 2022, picking up by 209% against the previous year. Overall, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($115,599 per ton), while the average price for exports to the UK ($5,311 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 Russia (+2.8%), while the prices for the other major destinations experienced a decline.
Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Latvia
In 2022, approx. 2.6 tons of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses were imported into Latvia; with an increase of 1,316% on the previous year's figure. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses surged to $87K in 2022. Overall, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 13.9 | 1.3 | 0.6 | 28.5 | 27.0% |
| Spain | 3.1 | N/A | 3.4 | 20.1 | 86.5% |
| Italy | N/A | N/A | N/A | 15.2 | 0% |
| Ireland | N/A | N/A | N/A | 6.9 | 0% |
| China | 0.4 | 0.5 | 0.5 | 5.4 | 138.1% |
| Poland | 0.4 | N/A | N/A | 4.6 | 125.7% |
| Netherlands | 0.1 | N/A | 0.7 | 3.6 | 230.2% |
| Others | 1.3 | 3.3 | 4.9 | 3.1 | 33.6% |
| Total | 19.3 | 5.1 | 10.1 | 87.4 | 65.4% |
Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols to Latvia in 2022:
- United Kingdom (859.0 kg)
- Ireland (475.0 kg)
- Spain (383.0 kg)
- Italy (344.0 kg)
- Poland (191.0 kg)
- Netherlands (172.0 kg)
- China (100.0 kg)
Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Latvia
In 2022, after three years of growth, there was significant decline in overseas shipments of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses, when their volume decreased by -75.7% to 44 kg. In general, exports, however, showed significant growth. The growth pace was the most rapid in 2021 with an increase of 353%. As a result, the exports reached the peak of 181 kg, and then declined significantly in the following year.
In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, sterols and inositolses contracted rapidly to $3.7K in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 176%.
| Export of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 0.8 | 2.4 | 3.4 | 3.6 | 65.1% |
| Netherlands | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Uzbekistan | N/A | N/A | 1.6 | N/A | 0% |
| United Kingdom | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.9 | 2.4 | 5.0 | 3.7 | 60.2% |
Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Sterols and Inositols from Latvia in 2022:
- Russia (31.0 kg)
- United Kingdom (9.0 kg)
- Netherlands (3.0 kg)
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