Price for Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in Latvia - 2023

Contents:

  1. Price for Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in Latvia (CIF) - 2022
  2. Price for Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in Latvia (FOB) - 2022
  3. Imports of Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in Latvia
  4. Exports of Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in Latvia

Price for Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in Latvia (CIF) - 2022

The average import price for alcohols; unsaturated monohydric, acyclic terpene alcoholses stood at $11,930 per ton in 2022, increasing by 10% against the previous year. In general, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.7% 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 alcohols; unsaturated monohydric, acyclic terpene alcoholses increased by +25.6% against 2020 indices. The growth pace was the most rapid in 2018 an increase of 67%. As a result, import price reached the peak level of $14,900 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 the Netherlands ($11,677 per ton), while the price for China ($2,825 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in Latvia (FOB) - 2022

The average export price for alcohols; unsaturated monohydric, acyclic terpene alcoholses stood at $22,613 per ton in 2022, jumping by 28% against the previous year. In general, the export price, however, saw a precipitous shrinkage. The export price peaked at $1,202,000 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($41,611 per ton), while the average price for exports to Belarus ($10,479 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 Poland (+9.7%), while the prices for the other major destinations experienced a decline.

Imports of Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in Latvia

In 2022, imports of alcohols; unsaturated monohydric, acyclic terpene alcoholses into Latvia skyrocketed to 33 tons, increasing by 126% on the previous year. Over the period under review, imports showed 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 alcohols; unsaturated monohydric, acyclic terpene alcoholses skyrocketed to $390K in 2022. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain57.358.998.318046.5%
India27.9N/AN/A63.231.3%
Italy31.617.59.032.40.8%
France0.924.54.220.7184.4%
Netherlands8.365.311.916.325.2%
Russia2.422.422.916.088.2%
Germany31.612.47.59.4-33.2%
China12.1N/AN/A5.3-24.1%
Others5.71.52.846.1100.7%
Total17820215739029.9%

Top Suppliers of Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols to Latvia in 2022:

  1. Spain (17.9 tons)
  2. India (7.5 tons)
  3. Italy (3.0 tons)
  4. France (2.7 tons)
  5. China (1.9 tons)
  6. Russia (1.5 tons)
  7. Netherlands (1.4 tons)
  8. Germany (1.2 tons)

Exports of Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in Latvia

Exports of alcohols; unsaturated monohydric, acyclic terpene alcoholses from Latvia surged to 1.3 tons in 2022, picking up by 132% on the previous year. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 144% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of alcohols; unsaturated monohydric, acyclic terpene alcoholses skyrocketed to $28K in 2022. In general, 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 Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus5.513.49.010.524.1%
Germany0.40.70.51.348.1%
India0.4N/AN/AN/A0%
Others0.1N/AN/A16.6449.6%
Total6.414.29.528.364.1%

Top Export Markets for Alcohols; Unsaturated Monohydric, Acyclic Terpene Alcohols from Latvia in 2022:

  1. Belarus (1000.0 kg)
  2. Germany (31.0 kg)

Source: IndexBox Market Intelligence Platform

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