Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Latvia - 2022

Contents:

1. Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Latvia (CIF) - 2022
2. Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Latvia (FOB) - 2022
3. Imports of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Latvia
4. Exports of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Latvia

Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Latvia (CIF) - 2022

The average import price for hormones; halogenated derivatives or adrenal cortical hormoneses stood at $1,025,500 per ton in 2022, rising by 58% against the previous year. Overall, the import price posted a buoyant expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by 112% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +17.8% per year.

Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Latvia (FOB) - 2022

The average export price for hormones; halogenated derivatives or adrenal cortical hormoneses stood at $380,000 per ton in 2022, growing by 459% against the previous year. Over the period under review, the export price recorded a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2018 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +53.8% per year.

Imports of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Latvia

Imports of hormones; halogenated derivatives or adrenal cortical hormoneses into Latvia surged to 6 kg in 2022, increasing by 20% on 2021 figures. Over the period under review, imports, however, showed a abrupt slump.

In value terms, imports of hormones; halogenated derivatives or adrenal cortical hormoneses surged to $6.2K in 2022. In general, imports saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 1,235% against the previous year. As a result, imports attained the peak of $7.2K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones to Latvia in 2022:

1. Germany (6.0 kg)

Exports of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Latvia

In 2022, approx. 1 kg of hormones; halogenated derivatives or adrenal cortical hormoneses were exported from Latvia; flattening at the previous year's figure. Over the period under review, exports showed a relatively flat trend pattern. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of hormones; halogenated derivatives or adrenal cortical hormoneses skyrocketed to $380 in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones from Latvia in 2022:

1. Netherlands (1.0 kg)

Source: IndexBox Market Intelligence Platform