Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Latvia - 2023

Contents:

  1. Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Latvia (CIF) - 2022
  2. Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Latvia (FOB) - 2022
  3. Imports of Sulphates; Alums; Peroxosulphates (Persulphates) in Latvia
  4. Exports of Sulphates; Alums; Peroxosulphates (Persulphates) in Latvia

Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Latvia (CIF) - 2022

The average sulphates; alums; peroxosulphates (persulphates) import price stood at $450 per ton in 2022, with an increase of 14% against the previous year. Overall, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sulphates; alums; peroxosulphates (persulphates) import price increased by +67.2% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by 46% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady 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 Lithuania ($1,168 per ton), while the price for Finland ($196 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Latvia (FOB) - 2022

The average sulphates; alums; peroxosulphates (persulphates) export price stood at $810 per ton in 2022, with an increase of 27% against the previous year. In general, the export price showed strong growth. The pace of growth was the most pronounced in 2017 an increase of 61% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($843 per ton), while the average price for exports to Finland ($661 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 Sweden (+56.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sulphates; Alums; Peroxosulphates (Persulphates) in Latvia

In 2022, overseas purchases of sulphates; alums; peroxosulphates (persulphates)s decreased by -13.7% to 9.2K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 5.6%. As a result, imports attained the peak of 14K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, sulphates; alums; peroxosulphates (persulphates) imports dropped to $4.1M in 2022. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 11% against the previous year. As a result, imports reached the peak of $4.2M, and then fell slightly in the following year.

Import of Sulphates; Alums; Peroxosulphates (Persulphates) in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6665986771,41328.5%
Estonia25235.615777645.5%
Lithuania41645583562414.5%
Finland1,0391,2011,129467-23.4%
Poland68.835842944285.9%
Denmark373138251163-24.1%
Norway74712616189.6-50.7%
France21941.310.310.7-63.4%
China54.9456161N/A71.2%
Others250383380144-16.8%
Total4,0863,7914,1904,1290.3%

Top Suppliers of Sulphates; Alums; Peroxosulphates (Persulphates) to Latvia in 2022:

  1. France (undefinedK tons)
  2. Estonia (3.4K tons)
  3. Finland (2.4K tons)
  4. Germany (1.3K tons)
  5. Poland (1.0K tons)
  6. Lithuania (0.5K tons)
  7. Norway (0.3K tons)
  8. Denmark (0.2K tons)

Exports of Sulphates; Alums; Peroxosulphates (Persulphates) in Latvia

In 2022, sulphates; alums; peroxosulphates (persulphates) exports from Latvia surged to 221 tons, with an increase of 51% on 2021 figures. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 390%. As a result, the exports reached the peak of 444 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, sulphates; alums; peroxosulphates (persulphates) exports skyrocketed to $179K in 2022. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 334% against the previous year. As a result, the exports attained the peak of $230K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Sulphates; Alums; Peroxosulphates (Persulphates) in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia29.653.451.812159.9%
Finland11.412.914.629.236.8%
Lithuania7.662.38.117.231.3%
SwedenN/A4.89.9N/A106.3%
Others4.296.48.610.837.0%
Total52.923093.117950.1%

Top Export Markets for Sulphates; Alums; Peroxosulphates (Persulphates) from Latvia in 2022:

  1. Estonia (152.6 tons)
  2. Finland (44.3 tons)
  3. Lithuania (20.4 tons)

Source: IndexBox Market Intelligence Platform

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