Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Latvia - 2023

Contents:

  1. Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Latvia (FOB) - 2022
  2. Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Latvia (CIF) - 2022
  3. Exports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Latvia
  4. Imports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Latvia

Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Latvia (FOB) - 2022

In 2022, the average export price for sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds amounted to $31,043 per ton, increasing by 27% against the previous year. Overall, the export price recorded a resilient expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 133%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($41,000 per ton), while the average price for exports to Germany ($10,350 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 the UK (+46.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Latvia (CIF) - 2022

The average import price for sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds stood at $12,941 per ton in 2022, surging by 87% against the previous year. Over the period under review, the import price continues to indicate buoyant growth. The growth pace was the most rapid in 2014 when the average import price increased by 169% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($16,431 per ton), while the price for Ukraine amounted to $6,716 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+15.4%).

Exports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Latvia

In 2022, approx. 6.8 tons of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds were exported from Latvia; growing by 110% against the year before. Overall, exports saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 114%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, exports of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds soared to $211K in 2022. Over the period under review, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A1410%
United Kingdom0.2N/A33.224.4396.0%
Lithuania0.4N/A2.48.7179.1%
Japan15.2N/AN/A8.3-18.3%
GermanyN/AN/A3.77.6105.4%
Switzerland2.5N/A15.86.336.1%
IndiaN/A4.815.66.213.7%
Russia4.821.14.53.7-8.3%
Estonia0.84.53.52.851.8%
Others1.70.30.31.6-2.0%
Total25.530.879.0211102.3%

Top Export Markets for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated from Latvia in 2022:

  1. United States (3456.0 kg)
  2. Lithuania (756.0 kg)
  3. Germany (732.0 kg)
  4. United Kingdom (598.0 kg)
  5. Japan (487.0 kg)
  6. Russia (250.0 kg)
  7. Estonia (209.0 kg)
  8. Switzerland (153.0 kg)
  9. India (151.0 kg)

Imports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Latvia

In 2022, purchases abroad of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds decreased by -79.9% to 12 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a sharp downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 11%. As a result, imports reached the peak of 73 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds contracted sharply to $154K in 2022. Overall, imports showed a significant decrease. The pace of growth appeared the most rapid in 2020 with an increase of 23% against the previous year. As a result, imports attained the peak of $444K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany14.051.620.757.760.3%
Ukraine33536435053.0-45.9%
Others11.428.339.443.856.6%
Total360444410154-24.7%

Top Suppliers of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated to Latvia in 2022:

  1. Ukraine (7.9 tons)
  2. Germany (3.5 tons)

Source: IndexBox Market Intelligence Platform

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