Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Latvia - 2023
Contents:
- Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Latvia (CIF) - 2022
- Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Latvia (FOB) - 2022
- Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Latvia
- Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Latvia
Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Latvia (CIF) - 2022
In 2022, the average import price for balances; of a sensitivity of 5cg or better, with or without weightses amounted to $332,914 per ton, with an increase of 103% against the previous year. In general, the import price posted a resilient increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($464,503 per ton), while the price for China ($11,115 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+22.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Latvia (FOB) - 2022
The average export price for balances; of a sensitivity of 5cg or better, with or without weightses stood at $55,425 per ton in 2022, declining by -60.2% against the previous year. Over the period under review, the export price saw a abrupt decrease. The pace of growth was the most pronounced in 2021 an increase of 450%. The export price peaked at $282,361 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($439,000 per ton), while the average price for exports to Estonia ($23,598 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 Armenia (+360.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Latvia
After two years of decline, supplies from abroad of balances; of a sensitivity of 5cg or better, with or without weightses increased by 38% to 2 tons in 2022. In general, imports, however, continue to indicate a significant decrease.
In value terms, imports of balances; of a sensitivity of 5cg or better, with or without weightses soared to $431K in 2022. Over the period under review, imports, however, showed a deep contraction.
| Import of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 36.3 | 77.3 | 78.3 | 267 | 94.5% |
| Germany | 714 | 179 | 132 | 80.4 | -51.7% |
| Ukraine | N/A | N/A | N/A | 33.0 | 0% |
| Poland | 8.7 | 13.4 | 1.1 | 31.8 | 54.0% |
| Lithuania | 22.1 | 4.2 | 4.9 | 5.8 | -36.0% |
| China | 1.5 | 1.1 | 0.6 | 3.0 | 26.0% |
| Estonia | 2.9 | 0.3 | N/A | 2.0 | -11.6% |
| Italy | 6.5 | 2.9 | 4.5 | N/A | -16.8% |
| Others | 30.0 | 31.7 | 14.7 | 8.5 | -34.3% |
| Total | 822 | 310 | 236 | 431 | -19.4% |
Top Suppliers of Balances; of A Sensitivity of 5cg or Better, with or Without Weights to Latvia in 2022:
- Netherlands (574.0 kg)
- Germany (441.0 kg)
- Poland (291.0 kg)
- China (270.0 kg)
- Ukraine (266.0 kg)
- Estonia (63.0 kg)
- Lithuania (22.0 kg)
Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Latvia
In 2022, shipments abroad of balances; of a sensitivity of 5cg or better, with or without weightses increased by 121% to 661 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a deep setback.
In value terms, exports of balances; of a sensitivity of 5cg or better, with or without weightses declined to $36K in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +9.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +30.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 48%. As a result, the exports attained the peak of $42K, and then shrank in the following year.
| Export of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 9.1 | 9.8 | 32.0 | 11.0 | 6.5% |
| Lithuania | 10.8 | 6.9 | 3.3 | 7.8 | -10.3% |
| Estonia | 7.2 | 9.6 | 1.3 | 7.5 | 1.4% |
| Armenia | N/A | N/A | 5.1 | 6.8 | 33.3% |
| Uzbekistan | N/A | 1.8 | N/A | 3.1 | 31.2% |
| Others | 0.6 | N/A | N/A | N/A | 0% |
| Total | 27.7 | 28.2 | 41.7 | 36.2 | 9.3% |
Top Export Markets for Balances; of A Sensitivity of 5cg or Better, with or Without Weights from Latvia in 2022:
- Estonia (316.0 kg)
- Lithuania (271.0 kg)
- Armenia (34.0 kg)
- Russia (25.0 kg)
- Uzbekistan (15.0 kg)
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