Price for Lustres; Liquid Lustres and Similar Preparations in Latvia - 2023
Contents:
- Price for Lustres; Liquid Lustres and Similar Preparations in Latvia (CIF) - 2022
- Price for Lustres; Liquid Lustres and Similar Preparations in Latvia (FOB) - 2022
- Imports of Lustres; Liquid Lustres and Similar Preparations in Latvia
- Exports of Lustres; Liquid Lustres and Similar Preparations in Latvia
Price for Lustres; Liquid Lustres and Similar Preparations in Latvia (CIF) - 2022
In 2022, the average import price for lustres; liquid lustres and similar preparationses amounted to $6,161 per ton, reducing by -61.1% against the previous year. Overall, the import price, however, saw a prominent increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 213% against the previous year. As a result, import price attained the peak level of $21,461 per ton. From 2020 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 Lithuania ($13,722 per ton), while the price for Germany ($3,779 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+30.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Lustres; Liquid Lustres and Similar Preparations in Latvia (FOB) - 2022
In 2022, the average export price for lustres; liquid lustres and similar preparationses amounted to $33,980 per ton, stabilizing at the previous year. Overall, the export price faced a sharp decrease. The pace of growth was the most pronounced in 2019 an increase of 8.5%. The export price peaked at $4,674,400 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2015 to 2022, the rate of growth in terms of prices for Lithuania amounted to -10.5% per year.
Imports of Lustres; Liquid Lustres and Similar Preparations in Latvia
In 2022, purchases abroad of lustres; liquid lustres and similar preparationses decreased by -15.8% to 4.4 tons, falling for the second year in a row after two years of growth. Overall, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 964% against the previous year. As a result, imports reached the peak of 11 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of lustres; liquid lustres and similar preparationses fell sharply to $27K in 2022. Over the period under review, imports, however, recorded buoyant growth. The pace of growth was the most pronounced in 2020 with an increase of 833% against the previous year. As a result, imports reached the peak of $200K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
Import of Lustres; Liquid Lustres and Similar Preparations in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | N/A | 2.1 | N/A | 16.9 | 183.7% |
Turkey | 6.8 | N/A | 0.5 | 4.5 | -12.9% |
Italy | 1.1 | 2.3 | 4.9 | 3.6 | 48.5% |
Germany | 0.9 | 1.3 | 1.2 | 0.9 | 0.0% |
United States | 12.3 | 193 | 68.5 | 0.4 | -68.1% |
Others | 0.3 | 1.7 | 7.1 | 0.7 | 32.6% |
Total | 21.5 | 200 | 82.3 | 27.0 | 7.9% |
Top Suppliers of Lustres; Liquid Lustres and Similar Preparations to Latvia in 2022:
- Spain (3256.0 kg)
- Italy (399.0 kg)
- Turkey (393.0 kg)
- Germany (240.0 kg)
- United States (33.0 kg)
Exports of Lustres; Liquid Lustres and Similar Preparations in Latvia
In 2022, after two years of decline, there was decline in overseas shipments of lustres; liquid lustres and similar preparationses, when their volume decreased by 0% to 51 kg. Over the period under review, exports enjoyed significant growth. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of lustres; liquid lustres and similar preparationses stood at $1.7K in 2022. Overall, exports posted a significant increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Lustres; Liquid Lustres and Similar Preparations in Latvia (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | N/A | N/A | N/A | 1,733 | 0% |
Estonia | 20.0 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 20.0 | N/A | N/A | 1,733 | 342.5% |
Top Export Markets for Lustres; Liquid Lustres and Similar Preparations from Latvia in 2022:
- Russia (51.0 kg)
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