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Latvia - Rigid Tubes, Pipes And Hoses Of Polymers Of Ethylene - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Ethylene Polymer Rigid Pipes in Latvia - 2023
Contents:
- Price for Ethylene Polymer Rigid Pipes in Latvia (FOB) - 2023
- Price for Ethylene Polymer Rigid Pipes in Latvia (CIF) - 2023
- Exports of Ethylene Polymer Rigid Pipes in Latvia
- Imports of Ethylene Polymer Rigid Pipes in Latvia
Price for Ethylene Polymer Rigid Pipes in Latvia (FOB) - 2023
In September 2023, the average ethylene polymer rigid pipes export price amounted to $2,796 per ton, therefore, remained relatively stable against the previous month. Overall, the export price showed a mild slump. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 18% month-to-month. As a result, the export price reached the peak level of $3,836 per ton. From May 2023 to September 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Sweden ($9,036 per ton), while the average price for exports to Lithuania ($2,457 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Ethylene Polymer Rigid Pipes in Latvia (CIF) - 2023
The average ethylene polymer rigid pipes import price stood at $2,814 per ton in September 2023, leveling off at the previous month. Over the period under review, the import price showed a pronounced shrinkage. The most prominent rate of growth was recorded in January 2023 an increase of 30% month-to-month. As a result, import price reached the peak level of $4,408 per ton. From February 2023 to September 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Germany ($8,049 per ton), while the price for Poland ($1,594 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Serbia (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Ethylene Polymer Rigid Pipes in Latvia
In 2022, overseas shipments of rigid tubes, pipes and hoses of polymers of ethylene decreased by -6.3% to 7.9K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 153% against the previous year.
In value terms, ethylene polymer rigid pipes exports reached $25M in 2022. In general, exports, however, saw a significant increase. The growth pace was the most rapid in 2020 when exports increased by 163% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
Export of Ethylene Polymer Rigid Pipes in Latvia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lithuania | 3.8 | 5.0 | 9.4 | 8.7 | 31.8% |
Sweden | 0.4 | 3.5 | 4.6 | 5.0 | 132.1% |
Denmark | 0.6 | 1.9 | 4.1 | 4.7 | 98.6% |
Estonia | 0.6 | 2.5 | 4.1 | 3.7 | 83.4% |
Finland | 0.4 | 0.8 | 0.8 | 0.9 | 31.0% |
United Kingdom | N/A | N/A | N/A | 0.6 | 0% |
Norway | 0.1 | 0.7 | 0.6 | 0.6 | 81.7% |
Others | 0.1 | 1.0 | 1.7 | 1.2 | 128.9% |
Total | 5.9 | 15.5 | 25.3 | 25.4 | 62.7% |
Top Export Markets for Ethylene Polymer Rigid Pipes from Latvia in 2022:
- Lithuania (3007.3 tons)
- Denmark (1351.6 tons)
- Estonia (1293.2 tons)
- Sweden (1244.4 tons)
- Finland (286.7 tons)
- Norway (195.2 tons)
- United Kingdom (164.3 tons)
Imports of Ethylene Polymer Rigid Pipes in Latvia
For the fourth year in a row, Latvia recorded growth in overseas purchases of rigid tubes, pipes and hoses of polymers of ethylene, which increased by 24% to 3.7K tons in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +22.4% 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 +83.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 30% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, ethylene polymer rigid pipes imports rose rapidly to $9.4M in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.0% 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 +72.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 30%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Ethylene Polymer Rigid Pipes in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Estonia | 2,874 | 3,026 | 3,255 | 3,984 | 11.5% |
Poland | 816 | 1,180 | 1,306 | 2,220 | 39.6% |
Germany | 428 | 409 | 459 | 721 | 19.0% |
Lithuania | 442 | 1,039 | 502 | 620 | 11.9% |
Sweden | 89.3 | 363 | 361 | 377 | 61.6% |
Italy | 141 | 199 | 344 | 370 | 37.9% |
Turkey | N/A | 48.6 | 548 | 361 | 172.5% |
Russia | 107 | 68.5 | 490 | 230 | 29.1% |
Ukraine | 110 | 120 | 151 | 142 | 8.9% |
Finland | 272 | 202 | 179 | 98.7 | -28.7% |
Others | 174 | 431 | 699 | 307 | 20.8% |
Total | 5,454 | 7,088 | 8,293 | 9,431 | 20.0% |
Top Suppliers of Ethylene Polymer Rigid Pipes to Latvia in 2022:
- Poland (1459.4 tons)
- Estonia (1216.4 tons)
- Germany (234.0 tons)
- Turkey (183.5 tons)
- Lithuania (121.8 tons)
- Sweden (121.4 tons)
- Russia (114.6 tons)
- Italy (76.5 tons)
- Ukraine (52.9 tons)
- Finland (28.4 tons)
This report provides an in-depth analysis of the market for ethylene polymer rigid pipes in Latvia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 22212153 - Rigid tubes, pipes and hoses of polymers of ethylene
Country coverage:
- Latvia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Latvia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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