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Latvia - Oleic, Linoleic Or Linolenic Acids, Their Salts And Esters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Oleic, Linoleic or Linolenic Acids in Latvia - 2023
Contents:
- Price for Oleic, Linoleic or Linolenic Acids in Latvia (CIF) - 2022
- Price for Oleic, Linoleic or Linolenic Acids in Latvia (FOB) - 2022
- Imports of Oleic, Linoleic or Linolenic Acids in Latvia
- Exports of Oleic, Linoleic or Linolenic Acids in Latvia
Price for Oleic, Linoleic or Linolenic Acids in Latvia (CIF) - 2022
In 2022, the average import price for oleic, linoleic or linolenic acids, their salts and esters amounted to $4,266 per ton, declining by -6.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 78% against the previous year. As a result, import price attained the peak level of $4,554 per ton, and then dropped in the following year.
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 ($5,746 per ton), while the price for the Netherlands ($3,250 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Oleic, Linoleic or Linolenic Acids in Latvia (FOB) - 2022
In 2022, the average export price for oleic, linoleic or linolenic acids, their salts and esters amounted to $21,906 per ton, with a decrease of -65.4% against the previous year. Overall, the export price, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 1,031% against the previous year. As a result, the export price attained the peak level of $63,386 per ton, and then shrank markedly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($74,957 per ton), while the average price for exports to the Czech Republic ($10,439 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+222.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Oleic, Linoleic or Linolenic Acids in Latvia
In 2022, after three years of growth, there was decline in overseas purchases of oleic, linoleic or linolenic acids, their salts and esters, when their volume decreased by -2.9% to 11 tons. In general, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 101% against the previous year.
In value terms, oleic, linoleic or linolenic acids imports declined to $46K in 2022. Over the period under review, imports, however, posted a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 95% against the previous year. As a result, imports attained the peak of $51K, and then contracted in the following year.
Import of Oleic, Linoleic or Linolenic Acids in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lithuania | 5.9 | 19.1 | 22.6 | 34.3 | 79.8% |
Germany | 2.6 | 4.5 | 5.8 | 6.4 | 35.0% |
Netherlands | 4.2 | 2.4 | N/A | 0.6 | -47.7% |
United Kingdom | 3.4 | N/A | 11.8 | N/A | 86.3% |
Others | N/A | N/A | 10.4 | 4.7 | -54.8% |
Total | 16.1 | 26.0 | 50.6 | 46.0 | 41.9% |
Top Suppliers of Oleic, Linoleic or Linolenic Acids to Latvia in 2022:
- Lithuania (9.3 tons)
- Germany (1.1 tons)
- Netherlands (0.2 tons)
Exports of Oleic, Linoleic or Linolenic Acids in Latvia
After two years of decline, overseas shipments of oleic, linoleic or linolenic acids, their salts and esters increased by 407% to 223 kg in 2022. In general, exports, however, faced a sharp descent.
In value terms, oleic, linoleic or linolenic acids exports soared to $4.9K in 2022. Over the period under review, exports recorded a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Oleic, Linoleic or Linolenic Acids in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Czech Republic | N/A | N/A | N/A | 1.9 | 0% |
Germany | 1.1 | 1.2 | 2.7 | 1.7 | 15.6% |
Estonia | 1.9 | 0.5 | N/A | 0.7 | -28.3% |
Poland | N/A | N/A | N/A | 0.6 | 0% |
Others | N/A | 0.1 | 0.1 | N/A | 0.0% |
Total | 3.0 | 1.8 | 2.8 | 4.9 | 17.8% |
Top Export Markets for Oleic, Linoleic or Linolenic Acids from Latvia in 2022:
- Czech Republic (180.0 kg)
- Germany (23.0 kg)
- Poland (10.0 kg)
- Estonia (10.0 kg)
This report provides an in-depth analysis of the market for oleic, linoleic or linolenic acids in Latvia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20143350 - Oleic, linoleic or linolenic acids, their salts and esters
Country coverage:
- Latvia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Latvia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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