Price for Pulps of Other Fibrous Cellulosic Material in Latvia - 2024
Contents:
- Price for Pulps of Other Fibrous Cellulosic Material in Latvia (FOB) - 2022
- Price for Pulps of Other Fibrous Cellulosic Material in Latvia (CIF) - 2022
- Exports of Pulps of Other Fibrous Cellulosic Material in Latvia
- Imports of Pulps of Other Fibrous Cellulosic Material in Latvia
Price for Pulps of Other Fibrous Cellulosic Material in Latvia (FOB) - 2022
In 2022, the average export price for pulps of other fibrous cellulosic materials amounted to $514 per ton, dropping by -7.3% against the previous year. In general, the export price saw a noticeable setback. The most prominent rate of growth was recorded in 2016 an increase of 12%. The export price peaked at $707 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Russia ($659 per ton) and Finland ($641 per ton), while the average price for exports to Lithuania ($458 per ton) and Sweden ($466 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+6.6%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Pulps of Other Fibrous Cellulosic Material in Latvia (CIF) - 2022
In 2022, the average import price for pulps of other fibrous cellulosic materials amounted to $836 per ton, increasing by 29% against the previous year. In general, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% 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 pulps of other fibrous cellulosic materials decreased by -9.4% against 2019 indices. The pace of growth was the most pronounced in 2019 when the average import price increased by 61%. As a result, import price reached the peak level of $923 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 the Netherlands ($1,320 per ton), while the price for Belarus ($607 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Pulps of Other Fibrous Cellulosic Material in Latvia
After two years of decline, shipments abroad of pulps of other fibrous cellulosic materials increased by 6.8% to 2.8K tons in 2022. Overall, exports, however, saw a dramatic shrinkage.
In value terms, exports of pulps of other fibrous cellulosic materials shrank to $1.4M in 2022. Over the period under review, exports, however, saw a dramatic decline.
| Export of Pulps of Other Fibrous Cellulosic Material in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 878 | 955 | 997 | 1,120 | 8.5% |
| Estonia | 270 | 300 | 198 | 104 | -27.2% |
| Finland | 381 | 468 | 231 | 47.7 | -50.0% |
| Russia | 16.4 | 9.2 | 7.0 | 31.0 | 23.6% |
| Sweden | 76.1 | 9.3 | 6.6 | 4.8 | -60.2% |
| Others | 1,689 | 4.5 | 19.3 | 135 | -56.9% |
| Total | 3,311 | 1,746 | 1,458 | 1,442 | -24.2% |
Top Export Markets for Pulps of Other Fibrous Cellulosic Material from Latvia in 2022:
- Lithuania (2447.1 tons)
- Estonia (187.1 tons)
- Finland (74.3 tons)
- Russia (47.0 tons)
- Sweden (10.3 tons)
Imports of Pulps of Other Fibrous Cellulosic Material in Latvia
Imports of pulps of other fibrous cellulosic materials into Latvia totaled 445 tons in 2022, flattening at 2021. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 190% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of pulps of other fibrous cellulosic materials skyrocketed to $372K in 2022. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 109% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Pulps of Other Fibrous Cellulosic Material in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 29.4 | 46.9 | 157 | 137 | 67.0% |
| Netherlands | N/A | N/A | N/A | 112 | 0% |
| Belarus | N/A | N/A | 25.0 | 96.9 | 287.6% |
| Lithuania | 18.9 | 41.5 | 88.9 | 26.2 | 11.5% |
| Sweden | 25.7 | 23.9 | 4.8 | N/A | -56.8% |
| Others | 111 | 24.6 | 9.8 | N/A | -70.3% |
| Total | 185 | 137 | 285 | 372 | 26.2% |
Top Suppliers of Pulps of Other Fibrous Cellulosic Material to Latvia in 2022:
- Germany (169.1 tons)
- Belarus (159.6 tons)
- Netherlands (84.9 tons)
- Lithuania (31.4 tons)
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