Price for Inorganic Acids; Other than Hydrogen Fluoride in Latvia - 2023
Contents:
- Price for Inorganic Acids; Other than Hydrogen Fluoride in Latvia (CIF) - 2022
- Price for Inorganic Acids; Other than Hydrogen Fluoride in Latvia (FOB) - 2022
- Imports of Inorganic Acids; Other than Hydrogen Fluoride in Latvia
- Exports of Inorganic Acids; Other than Hydrogen Fluoride in Latvia
Price for Inorganic Acids; Other than Hydrogen Fluoride in Latvia (CIF) - 2022
In 2022, the average import price for inorganic acids; other than hydrogen fluorides amounted to $7,757 per ton, increasing by 57% against the previous year. Over the period under review, the import price enjoyed a prominent expansion. As a result, import price reached 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 France ($119,235 per ton), while the price for Lithuania ($1,686 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+35.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Inorganic Acids; Other than Hydrogen Fluoride in Latvia (FOB) - 2022
In 2022, the average export price for inorganic acids; other than hydrogen fluorides amounted to $9,346 per ton, growing by 120% against the previous year. Over the period under review, the export price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 140% against the previous year. The export price peaked at $15,139 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($16,057 per ton), while the average price for exports to Germany ($1,927 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+3.9%), while the prices for the other major destinations experienced a decline.
Imports of Inorganic Acids; Other than Hydrogen Fluoride in Latvia
After two years of decline, overseas purchases of inorganic acids; other than hydrogen fluorides increased by 169% to 2.1 tons in 2022. Overall, imports, however, recorded a abrupt slump.
In value terms, imports of inorganic acids; other than hydrogen fluorides skyrocketed to $17K in 2022. In general, imports showed noticeable growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Inorganic Acids; Other than Hydrogen Fluoride in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | N/A | N/A | 9.7 | 0% |
| Germany | 1.3 | 3.0 | 2.0 | 4.0 | 45.4% |
| Lithuania | 12.3 | 1.8 | 0.5 | 2.1 | -44.5% |
| Norway | 0.6 | 0.8 | 0.6 | 0.7 | 5.3% |
| Finland | 0.2 | N/A | 0.1 | N/A | -29.3% |
| Others | 0.4 | 1.8 | 0.7 | 0.3 | -9.1% |
| Total | 14.7 | 7.4 | 3.9 | 16.7 | 4.3% |
Top Suppliers of Inorganic Acids; Other than Hydrogen Fluoride to Latvia in 2022:
- Lithuania (1243.0 kg)
- Germany (499.0 kg)
- Norway (303.0 kg)
- France (81.0 kg)
Exports of Inorganic Acids; Other than Hydrogen Fluoride in Latvia
In 2022, exports of inorganic acids; other than hydrogen fluorides from Latvia surged to 1.3 tons, picking up by 96% against the year before. Over the period under review, exports saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 3,745% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the near future.
In value terms, exports of inorganic acids; other than hydrogen fluorides skyrocketed to $13K in 2022. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 4,779%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Inorganic Acids; Other than Hydrogen Fluoride in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | 2.4 | 0.2 | 11.3 | 117.0% |
| Germany | 0.1 | N/A | 0.4 | 1.1 | 122.4% |
| Poland | N/A | N/A | N/A | 0.3 | 0% |
| Finland | N/A | N/A | 0.2 | N/A | 0% |
| Estonia | 0.1 | 6.2 | 2.2 | N/A | 369.0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 0.2 | 8.6 | 2.9 | 12.6 | 297.9% |
Top Export Markets for Inorganic Acids; Other than Hydrogen Fluoride from Latvia in 2022:
- Russia (701.0 kg)
- Germany (547.0 kg)
- Poland (96.0 kg)
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