Price for Tin; Waste and Scrap in Latvia - 2023

Contents:

1. Price for Tin; Waste and Scrap in Latvia (CIF) - 2022
2. Price for Tin; Waste and Scrap in Latvia (FOB) - 2022
3. Imports of Tin; Waste and Scrap in Latvia
4. Exports of Tin; Waste and Scrap in Latvia

Price for Tin; Waste and Scrap in Latvia (CIF) - 2022

In 2022, the average tin; waste and scrap import price amounted to $25,883 per ton, falling by -23.3% against the previous year. Overall, the import price, however, enjoyed a pronounced expansion. The growth pace was the most rapid in 2017 when the average import price increased by 162% against the previous year. Over the period under review, average import prices attained the maximum at $33,730 per ton in 2021, and then reduced sharply 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 Poland ($32,877 per ton), while the price for Lithuania stood at $12,694 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+4.7%).

Price for Tin; Waste and Scrap in Latvia (FOB) - 2022

In 2022, the average tin; waste and scrap export price amounted to $58,923 per ton, increasing by 250% against the previous year. In general, the export price saw a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($61,810 per ton), while the average price for exports to Lithuania stood at $58,544 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+135.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tin; Waste and Scrap in Latvia

In 2022, the amount of tin; waste and scraps imported into Latvia reduced modestly to 1.8 tons, waning by -4.2% on 2021. In general, imports continue to indicate a sharp decrease. The most prominent rate of growth was recorded in 2021 with an increase of 237% against the previous year.

In value terms, tin; waste and scrap imports declined sharply to $46K in 2022. Over the period under review, imports continue to indicate a mild descent. The most prominent rate of growth was recorded in 2021 with an increase of 368% against the previous year. As a result, imports reached the peak of $62K, and then fell rapidly in the following year.

Top Suppliers of Tin; Waste and Scrap to Latvia in 2022:

1. Poland (1158.0 kg)
2. Lithuania (614.0 kg)

Exports of Tin; Waste and Scrap in Latvia

In 2022, exports of tin; waste and scraps from Latvia shrank sharply to 181 kg, reducing by -97.5% on 2021. Over the period under review, exports recorded a sharp descent. The growth pace was the most rapid in 2021 with an increase of 427% against the previous year.

In value terms, tin; waste and scrap exports fell rapidly to $11K in 2022. Overall, exports saw a sharp curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 439%.

Top Export Markets for Tin; Waste and Scrap from Latvia in 2022:

1. Lithuania (160.0 kg)
2. Estonia (21.0 kg)

Source: IndexBox Market Intelligence Platform