Price for Zinc; Powders and Flakes in Latvia - 2023

Contents:

  1. Price for Zinc; Powders and Flakes in Latvia (FOB) - 2022
  2. Price for Zinc; Powders and Flakes in Latvia (CIF) - 2022
  3. Exports of Zinc; Powders and Flakes in Latvia
  4. Imports of Zinc; Powders and Flakes in Latvia

Price for Zinc; Powders and Flakes in Latvia (FOB) - 2022

In 2022, the average zinc; powders and flakes export price amounted to $2,674 per ton, shrinking by -94.4% against the previous year. Over the period under review, the export price continues to indicate a deep downturn. The export price peaked at $47,500 per ton in 2021, and then declined rapidly in the following year.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2015 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -94.4% per year.

Price for Zinc; Powders and Flakes in Latvia (CIF) - 2022

The average zinc; powders and flakes import price stood at $33,488 per ton in 2022, rising by 180% against the previous year. Overall, the import price enjoyed a buoyant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($39,966 per ton), while the price for Lithuania ($11,518 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Zinc; Powders and Flakes in Latvia

In 2022, approx. 91 tons of zinc; powders and flakeses were exported from Latvia; with an increase of 4,541,200% compared with 2021. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, zinc; powders and flakes exports surged to $243K in 2022. In general, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Zinc; Powders and Flakes in Latvia (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
Netherlands0.1243242900.0%
OthersN/AN/A0%
Total0.1243242900.0%

Top Export Markets for Zinc; Powders and Flakes from Latvia in 2022:

  1. Netherlands (90.8 tons)

Imports of Zinc; Powders and Flakes in Latvia

In 2022, zinc; powders and flakes imports into Latvia shrank remarkably to 2.3 tons, waning by -62.4% against the year before. Over the period under review, imports faced a dramatic slump. The smallest decline of -6.9% was in 2020.

In value terms, zinc; powders and flakes imports amounted to $77K in 2022. In general, imports recorded a relatively flat trend pattern.

Import of Zinc; Powders and Flakes in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland7.220.333.861.0103.9%
Germany12.01.79.314.25.8%
Lithuania44.01.01.11.0-71.7%
EstoniaN/AN/A0.10.6500.0%
Spain14.052.328.5N/A42.7%
OthersN/A0.10.1N/A0.0%
Total77.375.472.776.7-0.3%

Top Suppliers of Zinc; Powders and Flakes to Latvia in 2022:

  1. Poland (1816.0 kg)
  2. Germany (356.0 kg)
  3. Lithuania (83.0 kg)
  4. Estonia (36.0 kg)

Source: IndexBox Market Intelligence Platform

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