Price for Colouring Matter; Inorganic Products of A Kind Used As Luminophores in Latvia - 2023

Contents:

  1. Price for Colouring Matter; Inorganic Products of A Kind Used As Luminophores in Latvia (CIF) - 2022
  2. Price for Colouring Matter; Inorganic Products of A Kind Used As Luminophores in Latvia (FOB) - 2022
  3. Imports of Colouring Matter; Inorganic Products of A Kind Used As Luminophores in Latvia
  4. Exports of Colouring Matter; Inorganic Products of A Kind Used As Luminophores in Latvia

Price for Colouring Matter; Inorganic Products of A Kind Used As Luminophores in Latvia (CIF) - 2022

The average import price for colouring matter; inorganic products of a kind used as luminophoreses stood at $40,987 per ton in 2022, with a decrease of -49% against the previous year. Over the period under review, the import price, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 81% against the previous year. The import price peaked at $80,321 per ton in 2021, and then shrank notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($106,095 per ton), while the price for China ($34,630 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+55.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Colouring Matter; Inorganic Products of A Kind Used As Luminophores in Latvia (FOB) - 2022

The average export price for colouring matter; inorganic products of a kind used as luminophoreses stood at $7,783 per ton in 2022, increasing by 54% against the previous year. In general, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for colouring matter; inorganic products of a kind used as luminophoreses decreased by -9.5% against 2020 indices. The growth pace was the most rapid in 2020 an increase of 73%. As a result, the export price attained the peak level of $8,603 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($15,889 per ton), while the average price for exports to the Netherlands amounted to $681 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (-1.9%), while the prices for the other major destinations experienced a decline.

Imports of Colouring Matter; Inorganic Products of A Kind Used As Luminophores in Latvia

After two years of decline, overseas purchases of colouring matter; inorganic products of a kind used as luminophoreses increased by 303% to 314 kg in 2022. Overall, imports recorded a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of colouring matter; inorganic products of a kind used as luminophoreses soared to $13K in 2022. In general, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Colouring Matter; Inorganic Products of A Kind Used As Luminophores in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.61.92.49.839.6%
ItalyN/A1.80.12.210.6%
Germany0.60.11.80.810.1%
RussiaN/AN/A1.7N/A0%
Lithuania0.51.60.1N/A-55.3%
Taiwan (Chinese)1.2N/AN/AN/A0%
Canada1.3N/AN/AN/A0%
OthersN/AN/A0.1N/A0%
Total7.35.46.312.920.9%

Top Suppliers of Colouring Matter; Inorganic Products of A Kind Used As Luminophores to Latvia in 2022:

  1. China (284.0 kg)
  2. Italy (21.0 kg)
  3. Germany (9.0 kg)

Exports of Colouring Matter; Inorganic Products of A Kind Used As Luminophores in Latvia

In 2022, after three years of growth, there was significant decline in overseas shipments of colouring matter; inorganic products of a kind used as luminophoreses, when their volume decreased by -83.2% to 212 kg. In general, exports recorded a deep downturn. The pace of growth was the most pronounced in 2020 with an increase of 291% against the previous year.

In value terms, exports of colouring matter; inorganic products of a kind used as luminophoreses declined rapidly to $1.6K in 2022. Over the period under review, exports, however, enjoyed a resilient expansion. The growth pace was the most rapid in 2020 with an increase of 578%. As a result, the exports reached the peak of $8.9K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Colouring Matter; Inorganic Products of A Kind Used As Luminophores in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/A1.8N/A1.6-5.7%
NetherlandsN/AN/AN/A0.10%
Lithuania1.03.95.0N/A123.6%
Estonia0.31.01.3N/A108.2%
UkraineN/A2.2N/AN/A0%
OthersN/AN/A0.1N/A0%
Total1.38.96.41.67.2%

Top Export Markets for Colouring Matter; Inorganic Products of A Kind Used As Luminophores from Latvia in 2022:

  1. Netherlands (113.0 kg)
  2. Russia (99.0 kg)

Source: IndexBox Market Intelligence Platform

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