Quartzite Price in Latvia - 2023

Contents:

  1. Quartzite Price in Latvia (CIF) - 2022
  2. Quartzite Price in Latvia (FOB) - 2022
  3. Quartzite Imports in Latvia
  4. Quartzite Exports in Latvia

Quartzite Price in Latvia (CIF) - 2022

In 2022, the average quartzite import price amounted to $194 per ton, rising by 4.8% against the previous year. Over the period under review, the import price, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2014 when the average import price increased by 53%. Over the period under review, average import prices attained the peak figure at $753 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +25.5% per year.

Quartzite Price in Latvia (FOB) - 2022

In 2022, the average quartzite export price amounted to $4,357 per ton, waning by -7.3% against the previous year. Over the period under review, the export price, however, showed a significant expansion. The export price peaked at $44,720 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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

From 2013 to 2022, the rate of growth in terms of prices for Belarus amounted to -20.0% per year.

Quartzite Imports in Latvia

After three years of growth, overseas purchases of quartzite decreased by -95.8% to 3.1 tons in 2022. In general, imports recorded a sharp downturn. The pace of growth was the most pronounced in 2020 when imports increased by 84% against the previous year.

In value terms, quartzite imports shrank sharply to $611 in 2022. Overall, imports recorded a precipitous decline. The pace of growth was the most pronounced in 2020 when imports increased by 59%.

Import of Quartzite in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia7.311.613.70.5-59.1%
OthersN/AN/A0.10.10.0%
Total7.311.613.80.6-56.5%

Top Suppliers of Quartzite to Latvia in 2022:

  1. Russia (3.1 tons)

Quartzite Exports in Latvia

In 2022, quartzite exports from Latvia dropped rapidly to 14 kg, with a decrease of -30% on 2021. Over the period under review, exports saw a significant curtailment.

In value terms, quartzite exports fell sharply to $61 in 2022. In general, exports recorded a precipitous curtailment.

Export of Quartzite in Latvia (USD)
COUNTRY20212022CAGR,
2021-2022
UkraineN/A61.00%
Norway94.0N/A0%
OthersN/AN/A0%
Total94.061.0-35.1%

Top Export Markets for Quartzite from Latvia in 2022:

  1. Ukraine (14.0 kg)

Source: IndexBox Market Intelligence Platform

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