Price for Aluminium; Powders of Lamellar Structure, Flakes in Latvia - 2023

Contents:

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

Price for Aluminium; Powders of Lamellar Structure, Flakes in Latvia (FOB) - 2022

The average export price for aluminium; powders of lamellar structure, flakeses stood at $58,977 per ton in 2022, growing by 41% against the previous year. Over the period under review, the export price saw a strong expansion. The pace of growth appeared the most rapid in 2015 an increase of 655% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Lithuania.

From 2012 to 2022, the rate of growth in terms of prices for Hungary amounted to +14.0% per year.

Price for Aluminium; Powders of Lamellar Structure, Flakes in Latvia (CIF) - 2022

In 2022, the average import price for aluminium; powders of lamellar structure, flakeses amounted to $35,951 per ton, growing by 44% against the previous year. In general, the import price recorded a strong increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 429% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.

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 ($45,778 per ton), while the price for the United States ($11,400 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 (+11.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Aluminium; Powders of Lamellar Structure, Flakes in Latvia

In 2022, the amount of aluminium; powders of lamellar structure, flakeses exported from Latvia shrank significantly to 43 kg, waning by -77.5% against the year before. Overall, exports saw a sharp decrease. The smallest decline of -60.2% was in 2020.

In value terms, exports of aluminium; powders of lamellar structure, flakeses reduced sharply to $2.5K in 2022. Over the period under review, exports faced a sharp setback. The smallest decline of -54.4% was in 2020.

Export of Aluminium; Powders of Lamellar Structure, Flakes in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania0.41.73.42.584.2%
Hungary878398N/AN/A-54.7%
Others0.20.64.6N/A379.6%
Total8784008.02.5-85.8%

Top Export Markets for Aluminium; Powders of Lamellar Structure, Flakes from Latvia in 2022:

  1. Lithuania (43.0 kg)

Imports of Aluminium; Powders of Lamellar Structure, Flakes in Latvia

In 2022, purchases abroad of aluminium; powders of lamellar structure, flakeses decreased by -95.9% to 41 kg, falling for the second consecutive year after two years of growth. Overall, imports showed a sharp contraction. The most prominent rate of growth was recorded in 2020 with an increase of 3,391%. As a result, imports reached the peak of 67 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of aluminium; powders of lamellar structure, flakeses contracted notably to $1.5K in 2022. Over the period under review, imports continue to indicate a precipitous setback. The growth pace was the most rapid in 2020 with an increase of 1,422%. As a result, imports reached the peak of $315K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Aluminium; Powders of Lamellar Structure, Flakes in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany14.143.223.21.2-56.0%
United States0.10.10.20.10.0%
RussiaN/AN/AN/A0.10%
Switzerland4.6N/AN/AN/A0%
EstoniaN/A269N/AN/A0%
Others1.92.81.9N/A0.0%
Total20.731525.21.5-58.3%

Top Suppliers of Aluminium; Powders of Lamellar Structure, Flakes to Latvia in 2022:

  1. Germany (27.0 kg)
  2. United States (10.0 kg)
  3. Russia (4.0 kg)

Source: IndexBox Market Intelligence Platform

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