Price for Glass; Unworked, in Rods in Latvia - 2023

Contents:

  1. Price for Glass; Unworked, in Rods in Latvia (CIF) - 2022
  2. Price for Glass; Unworked, in Rods in Latvia (FOB) - 2022
  3. Imports of Glass; Unworked, in Rods in Latvia
  4. Exports of Glass; Unworked, in Rods in Latvia

Price for Glass; Unworked, in Rods in Latvia (CIF) - 2022

The average glass; unworked, in rods import price stood at $21,689 per ton in 2022, shrinking by -6.5% against the previous year. Over the period under review, the import price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2014 an increase of 205% against the previous year. As a result, import price attained the peak level of $46,080 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

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 ($36,777 per ton), while the price for the UK ($5,857 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Glass; Unworked, in Rods in Latvia (FOB) - 2022

In 2022, the average glass; unworked, in rods export price amounted to $53,756 per ton, with an increase of 22% against the previous year. Over the period under review, the export price posted significant growth. The growth pace was the most rapid in 2014 when the average export price increased by 45,117% against the previous year. Over the period under review, the average export prices hit record highs at $6,088,871 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($198,767 per ton), while the average price for exports to Slovenia stood at $17,576 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+18.8%).

Imports of Glass; Unworked, in Rods in Latvia

Glass; unworked, in rods imports into Latvia soared to 359 tons in 2022, growing by 44% compared with the previous year's figure. Overall, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, glass; unworked, in rods imports skyrocketed to $7.8M in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.8% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 37%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Glass; Unworked, in Rods in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3,1474,9944,4666,23125.6%
Japan601377421597-0.2%
China19219.134936624.0%
United KingdomN/A0.21642873688.1%
Czech Republic19111115326411.4%
United States1132925.831.1-35.0%
Denmark129172208N/A27.0%
Others0.88.8N/A0.4-20.6%
Total4,3745,9745,7677,77621.1%

Top Suppliers of Glass; Unworked, in Rods to Latvia in 2022:

  1. Germany (169.4 tons)
  2. Japan (73.2 tons)
  3. United Kingdom (49.0 tons)
  4. China (38.4 tons)
  5. Czech Republic (26.8 tons)
  6. United States (1.8 tons)

Exports of Glass; Unworked, in Rods in Latvia

For the fourth consecutive year, Latvia recorded growth in shipments abroad of glass; unworked, in rodses, which increased by 76% to 36 tons in 2022. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 6,351% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, glass; unworked, in rods exports surged to $1.9M in 2022. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Glass; Unworked, in Rods in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany25.28.230.8802216.9%
SloveniaN/A25332855448.0%
Others22023653756036.5%
Total2454978951,91598.5%

Top Export Markets for Glass; Unworked, in Rods from Latvia in 2022:

  1. Slovenia (31.5 tons)
  2. Germany (4.0 tons)

Source: IndexBox Market Intelligence Platform

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