Price for Aluminium; Powders and Flakes in Latvia - 2024

Contents:

1. Price for Aluminium; Powders and Flakes in Latvia (CIF) - 2022
2. Price for Aluminium; Powders and Flakes in Latvia (FOB) - 2022
3. Imports of Aluminium; Powders and Flakes in Latvia
4. Exports of Aluminium; Powders and Flakes in Latvia

Price for Aluminium; Powders and Flakes in Latvia (CIF) - 2022

In 2022, the average aluminium; powders and flakes import price amounted to $5,426 per ton, growing by 8.5% against the previous year. Over the period under review, the import price saw a pronounced increase. The pace of growth appeared the most rapid in 2019 an increase of 95%. As a result, import price reached the peak level of $8,936 per ton. From 2020 to 2022, the average 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 Germany ($19,778 per ton), while the price for Poland ($5,284 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Aluminium; Powders and Flakes in Latvia (FOB) - 2022

The average aluminium; powders and flakes export price stood at $6,427 per ton in 2022, with a decrease of -79.3% against the previous year. In general, the export price showed a abrupt descent. The most prominent rate of growth was recorded in 2021 an increase of 314% against the previous year. Over the period under review, the average export prices attained the peak figure at $39,021 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($6,175 per ton), while the average price for exports to Estonia amounted to $5,580 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (-8.1%), while the prices for the other major destinations experienced a decline.

Imports of Aluminium; Powders and Flakes in Latvia

In 2022, imports of aluminium; powders and flakeses into Latvia rose to 107 tons, increasing by 4.6% compared with the previous year. Over the period under review, imports enjoyed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 2,700%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, aluminium; powders and flakes imports totaled $578K in 2022. In general, imports recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 1,353% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.

Top Suppliers of Aluminium; Powders and Flakes to Latvia in 2022:

1. Poland (73.2 tons)
2. Estonia (32.0 tons)
3. Germany (0.2 tons)

Exports of Aluminium; Powders and Flakes in Latvia

After two years of decline, overseas shipments of aluminium; powders and flakeses increased by 709% to 2.1 tons in 2022. Overall, exports, however, saw a dramatic downturn.

In value terms, aluminium; powders and flakes exports skyrocketed to $14K in 2022. In general, exports, however, saw a sharp slump.

Top Export Markets for Aluminium; Powders and Flakes from Latvia in 2022:

1. Lithuania (2043.0 kg)
2. Estonia (50.0 kg)

Source: IndexBox Market Intelligence Platform