Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Latvia - 2023
Contents:
- Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Latvia (CIF) - 2022
- Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Latvia (FOB) - 2022
- Imports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Latvia
- Exports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Latvia
Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Latvia (CIF) - 2022
The average import price for glass; unworked, in balls (other than microspheres of heading no. 7018) stood at $3,980 per ton in 2022, surging by 309% against the previous year. Over the period under review, the import price posted prominent growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Germany ($4,785 per ton), while the price for Belgium ($1,125 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+40.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Latvia (FOB) - 2022
In 2022, the average export price for glass; unworked, in balls (other than microspheres of heading no. 7018) amounted to $1,987 per ton, rising by 38% against the previous year. Overall, the export price, however, saw a deep setback. The most prominent rate of growth was recorded in 2017 an increase of 169%. As a result, the export price reached the peak level of $12,053 per ton. From 2018 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($25,500 per ton), while the average price for exports to Lithuania ($1,410 per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+27.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Latvia
In 2022, purchases abroad of glass; unworked, in balls (other than microspheres of heading no. 7018) decreased by -91.5% to 5.8 tons, falling for the second year in a row after two years of growth. Overall, imports showed a precipitous decline. The pace of growth was the most pronounced in 2020 when imports increased by 29% against the previous year. As a result, imports reached the peak of 80 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of glass; unworked, in balls (other than microspheres of heading no. 7018) dropped dramatically to $23K in 2022. Over the period under review, imports faced a abrupt downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 115%. As a result, imports reached the peak of $88K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | N/A | N/A | 1.2 | 20.9 | 1641.7% |
| Germany | 0.1 | 0.6 | N/A | 1.4 | 141.0% |
| Belgium | N/A | 0.6 | 0.4 | 0.8 | 15.5% |
| Lithuania | 40.9 | 79.8 | 64.6 | N/A | 25.7% |
| Others | N/A | 7.1 | 0.5 | 0.1 | -88.1% |
| Total | 40.9 | 88.1 | 66.7 | 23.2 | -17.2% |
Top Suppliers of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) to Latvia in 2022:
- Poland (4.8 tons)
- Belgium (0.7 tons)
- Germany (0.3 tons)
Exports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Latvia
Exports of glass; unworked, in balls (other than microspheres of heading no. 7018) from Latvia reduced sharply to 1.8 tons in 2022, with a decrease of -46.7% against 2021 figures. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 489% against the previous year. As a result, the exports attained the peak of 3.4 tons, and then dropped markedly in the following year.
In value terms, exports of glass; unworked, in balls (other than microspheres of heading no. 7018) contracted sharply to $3.6K in 2022. Overall, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 446% against the previous year. As a result, the exports reached the peak of $4.9K, and then contracted markedly in the following year.
| Export of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 1.3 | 0.8 | 4.4 | 2.4 | 22.7% |
| Estonia | N/A | N/A | 0.3 | 0.2 | -33.3% |
| Others | 0.3 | 0.1 | 0.2 | 0.9 | 44.2% |
| Total | 1.6 | 0.9 | 4.9 | 3.6 | 31.0% |
Top Export Markets for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) from Latvia in 2022:
- Lithuania (1723.0 kg)
- Estonia (55.0 kg)
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