Price for Containers for Compressed or Liquefied Gas, of Aluminium in Latvia - 2024
Contents:
- Price for Containers for Compressed or Liquefied Gas, of Aluminium in Latvia (CIF) - 2022
- Price for Containers for Compressed or Liquefied Gas, of Aluminium in Latvia (FOB) - 2022
- Imports of Containers for Compressed or Liquefied Gas, of Aluminium in Latvia
- Exports of Containers for Compressed or Liquefied Gas, of Aluminium in Latvia
Price for Containers for Compressed or Liquefied Gas, of Aluminium in Latvia (CIF) - 2022
The average import price for containers for compressed or liquefied gas, of aluminium stood at $52 per unit in 2022, surging by 59% against the previous year. In general, the import price, however, saw a drastic downturn. Over the period under review, average import prices attained the maximum at $87 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 France ($154 per unit), while the price for Germany ($5.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+59.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Containers for Compressed or Liquefied Gas, of Aluminium in Latvia (FOB) - 2022
The average export price for containers for compressed or liquefied gas, of aluminium stood at $15 per unit in 2022, reducing by -73% against the previous year. Over the period under review, the export price continues to indicate a deep contraction. The growth pace was the most rapid in 2014 an increase of 1,064% against the previous year. As a result, the export price reached the peak level of $219 per unit. From 2015 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Estonia.
From 2012 to 2022, the rate of growth in terms of prices for Estonia amounted to +3.6% per year.
Imports of Containers for Compressed or Liquefied Gas, of Aluminium in Latvia
For the third year in a row, Latvia recorded decline in supplies from abroad of containers for compressed or liquefied gas, of aluminium, which decreased by -22.6% to 6.4K units in 2022. In general, imports faced a dramatic shrinkage. The smallest decline of -9.6% was in 2020. Imports peaked at 15K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of containers for compressed or liquefied gas, of aluminium surged to $337K in 2022. The total import value increased at an average annual rate of +2.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 25% against the previous year. As a result, imports attained the peak of $388K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Containers for Compressed or Liquefied Gas, of Aluminium in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 45.9 | 1.1 | 148 | 181 | 58.0% |
| Sweden | 59.7 | 77.3 | 19.5 | 48.7 | -6.6% |
| United States | 49.5 | 123 | 1.8 | 42.3 | -5.1% |
| Lithuania | 8.7 | 0.1 | 10.7 | 18.2 | 27.9% |
| Netherlands | N/A | N/A | 9.6 | 15.9 | 65.6% |
| Estonia | 0.5 | 1.9 | 0.4 | 12.9 | 195.5% |
| Germany | 11.1 | 12.3 | 16.5 | 3.0 | -35.3% |
| Hungary | 111 | 44.7 | N/A | N/A | -59.7% |
| Finland | 5.0 | 10.5 | 6.1 | N/A | 10.5% |
| Turkey | N/A | 45.2 | N/A | N/A | 0% |
| Others | 20.0 | 71.7 | 62.6 | 15.9 | -7.4% |
| Total | 311 | 388 | 275 | 337 | 2.7% |
Top Suppliers of Containers for Compressed or Liquefied Gas, of Aluminium to Latvia in 2022:
- United Kingdom (2526.0 units)
- Lithuania (1029.0 units)
- Estonia (704.0 units)
- United States (592.0 units)
- Sweden (591.0 units)
- Germany (545.0 units)
- Netherlands (321.0 units)
Exports of Containers for Compressed or Liquefied Gas, of Aluminium in Latvia
Exports of containers for compressed or liquefied gas, of aluminium from Latvia reduced markedly to 435 units in 2022, dropping by -91.8% compared with the previous year. In general, exports faced a precipitous descent. The most prominent rate of growth was recorded in 2021 with an increase of 393%. As a result, the exports reached the peak of 5.3K units, and then fell sharply in the following year.
In value terms, exports of containers for compressed or liquefied gas, of aluminium fell rapidly to $6.5K in 2022. Overall, exports showed a sharp decrease. The growth pace was the most rapid in 2021 when exports increased by 1,439% against the previous year. As a result, the exports attained the peak of $294K, and then shrank significantly in the following year.
| Export of Containers for Compressed or Liquefied Gas, of Aluminium in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 5.1 | 7.1 | N/A | 6.1 | 6.1% |
| Russia | N/A | N/A | 274 | N/A | 0% |
| Lithuania | 9.2 | 10.5 | 0.2 | N/A | -85.3% |
| Finland | 1.3 | 1.6 | N/A | N/A | 23.1% |
| Others | 0.1 | N/A | 19.4 | 0.4 | 58.7% |
| Total | 15.7 | 19.1 | 294 | 6.5 | -25.5% |
Top Export Markets for Containers for Compressed or Liquefied Gas, of Aluminium from Latvia in 2022:
- Estonia (431.0 units)
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