Price for Aluminium; Tubes and Pipes in Latvia - 2023
Contents:
- Price for Aluminium; Tubes and Pipes in Latvia (CIF) - 2023
- Price for Aluminium; Tubes and Pipes in Latvia (FOB) - 2022
- Imports of Aluminium; Tubes and Pipes in Latvia
- Exports of Aluminium; Tubes and Pipes in Latvia
Price for Aluminium; Tubes and Pipes in Latvia (CIF) - 2023
In December 2023, the average aluminium; tubes and pipes import price amounted to $7,823 per ton, with a decrease of -17.4% against the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +1.7%. The pace of growth appeared the most rapid in November 2023 when the average import price increased by 52% m-o-m. As a result, import price attained the peak level of $9,467 per ton, and then contracted remarkably in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($24,880 per ton), while the price for Poland ($3,906 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium; Tubes and Pipes in Latvia (FOB) - 2022
The average aluminium; tubes and pipes export price stood at $3,649 per ton in 2022, reducing by -49.8% against the previous year. In general, the export price saw a perceptible downturn. The pace of growth was the most pronounced in 2013 when the average export price increased by 88%. As a result, the export price attained the peak level of $9,836 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($27,539 per ton), while the average price for exports to Norway ($2,772 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 the UK (+24.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Aluminium; Tubes and Pipes in Latvia
In 2022, imports of aluminium; tubes and pipeses into Latvia reduced to 587 tons, shrinking by -7.8% compared with 2021 figures. Over the period under review, imports saw a noticeable curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 8.8%.
In value terms, aluminium; tubes and pipes imports skyrocketed to $3.8M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +12.5% 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 +68.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 33%. Imports peaked in 2022 and are likely to see steady growth in the near future.
Import of Aluminium; Tubes and Pipes in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 789 | 654 | 984 | 1,250 | 16.6% |
Lithuania | 480 | 393 | 782 | 904 | 23.5% |
Belgium | 514 | 650 | 460 | 652 | 8.3% |
Poland | 168 | 109 | 139 | 395 | 33.0% |
Germany | 277 | 126 | 234 | 321 | 5.0% |
Russia | 274 | 162 | 236 | 96.2 | -29.5% |
Estonia | 43.5 | 63.9 | 34.7 | 48.3 | 3.6% |
Others | 150 | 119 | 154 | 177 | 5.7% |
Total | 2,696 | 2,277 | 3,024 | 3,843 | 12.5% |
Top Suppliers of Aluminium; Tubes and Pipes to Latvia in 2022:
- Italy (174.4 tons)
- Lithuania (164.2 tons)
- Belgium (100.3 tons)
- Poland (65.7 tons)
- Germany (36.8 tons)
- Russia (20.4 tons)
- Estonia (9.7 tons)
Exports of Aluminium; Tubes and Pipes in Latvia
In 2022, the amount of aluminium; tubes and pipeses exported from Latvia soared to 329 tons, jumping by 22% against the previous year. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 9,402%. As a result, the exports attained the peak of 1.2K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, aluminium; tubes and pipes exports declined remarkably to $1.2M in 2022. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 7,426%. As a result, the exports attained the peak of $6.1M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Aluminium; Tubes and Pipes in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Norway | 7.3 | 5,947 | 766 | 845 | 387.4% |
United Kingdom | N/A | 0.1 | 881 | 131 | 3519.4% |
Russia | 13.0 | 61.4 | 182 | 56.8 | 63.5% |
Others | 60.5 | 74.1 | 136 | 167 | 40.3% |
Total | 80.8 | 6,082 | 1,964 | 1,199 | 145.7% |
Top Export Markets for Aluminium; Tubes and Pipes from Latvia in 2022:
- Norway (304.7 tons)
- United Kingdom (9.6 tons)
- Russia (6.6 tons)
This report provides an in-depth analysis of the market for aluminium tube, pipe or pipe fitting in Latvia.
This report provides an in-depth analysis of the aluminium alloy tube market in Latvia.
This report provides an in-depth analysis of the aluminium tube market in Latvia.
This report provides an in-depth analysis of the global market for aluminium tube, pipe or pipe fitting.
This report provides an in-depth analysis of the global aluminium alloy tube market.
This report provides an in-depth analysis of the global aluminium tube market.
This report provides an in-depth analysis of the market for aluminium tube, pipe or pipe fitting in Latvia.
This report provides an in-depth analysis of the aluminium alloy tube market in Latvia.
This report provides an in-depth analysis of the aluminium tube market in Latvia.
This report provides an in-depth analysis of the global market for aluminium tube, pipe or pipe fitting.
In value terms, aluminum tube and pipe fittings imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend...
In value terms, aluminum tube and pipe fittings exports amounted to $X in 2016. Overall, it indicated a remarkable growth from 2007 to 2016: the total exports value increased at an average annual r...
Global aluminium tube imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, aluminium tube imports continue to indicate a relatively flat trend pattern. Th...
Global aluminium tube imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, aluminium tube imports continue to indicate a relatively flat trend pattern. Th...
Germany is one of the leaders in the global aluminium tube, pipe and tube or pipe fitting trade. In 2014, Germany exported X thousand tons of aluminium tubes, pipes and tube or pipe fittings totaling X million USD, X% over the previous year. Its p
The global market for aluminium alloy tubes and pipes is projected to see continued growth over the next seven years, driven by increasing demand worldwide. By 2030, market volume is expected to reach 1.2 million tons, with a value of $8.5 billion.
In value terms, aluminum tube and pipe fittings imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend...
In value terms, aluminum tube and pipe fittings exports amounted to $X in 2016. Overall, it indicated a remarkable growth from 2007 to 2016: the total exports value increased at an average annual r...
Global aluminium tube imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, aluminium tube imports continue to indicate a relatively flat trend pattern. Th...
Global aluminium tube imports totaled X tons in 2016, waning by -X% against the previous year figure. In general, aluminium tube imports continue to indicate a relatively flat trend pattern. Th...