Price for Organo-Inorganic Compounds; Other than Tetramethyl Lead, Tetraethyl Lead, and Tributyltin Compounds in Latvia - 2024

Contents:

  1. Price for Organo-Inorganic Compounds; Other than Tetramethyl Lead, Tetraethyl Lead, and Tributyltin Compounds in Latvia (FOB) - 2022
  2. Price for Organo-Inorganic Compounds; Other than Tetramethyl Lead, Tetraethyl Lead, and Tributyltin Compounds in Latvia (CIF) - 2022
  3. Exports of Organo-Inorganic Compounds; Other than Tetramethyl Lead, Tetraethyl Lead, and Tributyltin Compounds in Latvia
  4. Imports of Organo-Inorganic Compounds; Other than Tetramethyl Lead, Tetraethyl Lead, and Tributyltin Compounds in Latvia

Price for Organo-Inorganic Compounds; Other than Tetramethyl Lead, Tetraethyl Lead, and Tributyltin Compounds in Latvia (FOB) - 2022

In 2022, the average export price for organo-inorganic compounds; other than tetramethyl lead, tetraethyl lead, and tributyltin compoundses amounted to $8,605 per ton, shrinking by -25.2% against the previous year. Over the period under review, the export price, however, showed buoyant growth. The pace of growth was the most pronounced in 2018 an increase of 196%. Over the period under review, the average export prices hit record highs at $13,210 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($15,950 per ton), while the average price for exports to Lithuania ($2,382 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 Belarus (+66.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Organo-Inorganic Compounds; Other than Tetramethyl Lead, Tetraethyl Lead, and Tributyltin Compounds in Latvia (CIF) - 2022

In 2022, the average import price for organo-inorganic compounds; other than tetramethyl lead, tetraethyl lead, and tributyltin compoundses amounted to $9,450 per ton, dropping by -11.8% against the previous year. Over the period under review, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for organo-inorganic compounds; other than tetramethyl lead, tetraethyl lead, and tributyltin compoundses decreased by -29.4% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 40% against the previous year. Over the period under review, average import prices hit record highs at $13,380 per ton in 2020; however, from 2021 to 2022, 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 ($15,316 per ton), while the price for Estonia ($3,120 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+20.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Organo-Inorganic Compounds; Other than Tetramethyl Lead, Tetraethyl Lead, and Tributyltin Compounds in Latvia

In 2022, the amount of organo-inorganic compounds; other than tetramethyl lead, tetraethyl lead, and tributyltin compoundses exported from Latvia skyrocketed to 598 tons, increasing by 1,920% on the previous year. Over the period under review, exports recorded a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 2,583% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the near future.

In value terms, exports of organo-inorganic compounds; other than tetramethyl lead, tetraethyl lead, and tributyltin compoundses skyrocketed to $5.1M in 2022. In general, exports posted a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 2,237% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Organo-Inorganic Compounds; Other than Tetramethyl Lead, Tetraethyl Lead, and Tributyltin Compounds in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/AN/A2,2130%
Estonia4.60.43.41,479585.1%
RussiaN/A3.12098491554.9%
United StatesN/AN/AN/A3570%
KazakhstanN/AN/AN/A1060%
Others54.611.012814638.8%
Total59.114.63415,149343.3%

Top Export Markets for Organo-Inorganic Compounds; Other than Tetramethyl Lead, Tetraethyl Lead, and Tributyltin Compounds from Latvia in 2022:

  1. Estonia (288.3 tons)
  2. Netherlands (138.7 tons)
  3. Russia (110.6 tons)
  4. United States (34.3 tons)
  5. Kazakhstan (12.9 tons)

Imports of Organo-Inorganic Compounds; Other than Tetramethyl Lead, Tetraethyl Lead, and Tributyltin Compounds in Latvia

Imports of organo-inorganic compounds; other than tetramethyl lead, tetraethyl lead, and tributyltin compoundses into Latvia soared to 217 tons in 2022, jumping by 20% on the previous year. The total import volume increased at an average annual rate of +2.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 33%. As a result, imports reached the peak of 268 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of organo-inorganic compounds; other than tetramethyl lead, tetraethyl lead, and tributyltin compoundses rose rapidly to $2M in 2022. In general, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 71%. As a result, imports reached the peak of $3.6M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Organo-Inorganic Compounds; Other than Tetramethyl Lead, Tetraethyl Lead, and Tributyltin Compounds in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany40370536875523.3%
Poland54.562.4443539114.6%
China19.81.92.0185110.6%
Belgium9.929.750.7138140.7%
Ukraine469700991132-34.5%
FinlandN/AN/AN/A1190%
EstoniaN/AN/AN/A67.30%
ItalyN/A0.1N/A58.32314.5%
Netherlands8582,0435.96.8-80.1%
Slovakia21434.0N/AN/A-84.1%
Others61.93.572.549.0-7.5%
Total2,0913,5791,9332,049-0.7%

Top Suppliers of Organo-Inorganic Compounds; Other than Tetramethyl Lead, Tetraethyl Lead, and Tributyltin Compounds to Latvia in 2022:

  1. Poland (78.3 tons)
  2. Germany (49.3 tons)
  3. Estonia (21.6 tons)
  4. Finland (15.2 tons)
  5. Italy (14.5 tons)
  6. China (13.6 tons)
  7. Belgium (11.5 tons)
  8. Ukraine (8.6 tons)
  9. Netherlands (0.5 tons)

Source: IndexBox Market Intelligence Platform

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