![Latvia - Reclaimed Rubber - Market Analysis, Forecast, Size, Trends And Insights](/landing/img/reports/latvia-reclaimed-rubber-market-analysis-forecast-size-trends-and-insights.webp)
Latvia - Reclaimed Rubber - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingReclaimed Rubber Price in Latvia - 2023
Contents:
- Reclaimed Rubber Price in Latvia (CIF) - 2022
- Reclaimed Rubber Price in Latvia (FOB) - 2022
- Reclaimed Rubber Imports in Latvia
- Reclaimed Rubber Exports in Latvia
Reclaimed Rubber Price in Latvia (CIF) - 2022
In 2022, the average reclaimed rubber import price amounted to $1,096 per ton, reducing by -39.7% against the previous year. In general, the import price, however, continues to indicate notable growth. The growth pace was the most rapid in 2021 when the average import price increased by 183%. As a result, import price reached the peak level of $1,818 per ton, and then declined rapidly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($1,332 per ton), while the price for Russia ($628 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Reclaimed Rubber Price in Latvia (FOB) - 2022
In 2022, the average reclaimed rubber export price amounted to $1,012 per ton, with a decrease of -23.3% against the previous year. Overall, the export price showed a noticeable decline. The growth pace was the most rapid in 2019 an increase of 27%. The export price peaked at $1,525 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($1,500 per ton), while the average price for exports to the UK stood at $1,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (-0.9%), while the prices for the other major destinations experienced a decline.
Reclaimed Rubber Imports in Latvia
In 2022, the amount of reclaimed rubber imported into Latvia surged to 70 tons, rising by 35% against 2021 figures. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 51%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, reclaimed rubber imports fell sharply to $77K in 2022. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 299%. As a result, imports reached the peak of $94K, and then declined significantly in the following year.
Import of Reclaimed Rubber in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 10.7 | 0.2 | 0.7 | 30.9 | 42.4% |
United Kingdom | N/A | N/A | 90.9 | 26.3 | -71.1% |
Poland | 7.0 | 20.6 | 2.2 | 16.3 | 32.5% |
Lithuania | N/A | N/A | 0.1 | 2.4 | 2300.0% |
Russia | 3.7 | 2.6 | N/A | 0.6 | -45.5% |
Others | 2.9 | 0.1 | 0.1 | 0.2 | -59.0% |
Total | 24.3 | 23.6 | 94.0 | 76.7 | 46.7% |
Top Suppliers of Reclaimed Rubber to Latvia in 2022:
- Germany (26.9 tons)
- United Kingdom (19.8 tons)
- Poland (19.4 tons)
- Lithuania (3.0 tons)
- Russia (1.0 tons)
Reclaimed Rubber Exports in Latvia
In 2022, shipments abroad of reclaimed rubber decreased by -98.4% to 80 kg, falling for the second consecutive year after two years of growth. In general, exports faced a sharp downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 89%. As a result, the exports reached the peak of 30 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, reclaimed rubber exports dropped notably to $81 in 2022. Over the period under review, exports saw a dramatic descent. The pace of growth was the most pronounced in 2020 with an increase of 73% against the previous year. As a result, the exports attained the peak of $31K. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Reclaimed Rubber in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | N/A | N/A | N/A | 0.1 | 0% |
Russia | N/A | 8.4 | N/A | N/A | 0% |
Lithuania | 0.4 | N/A | 6.8 | N/A | 312.3% |
Estonia | 17.8 | 23.1 | N/A | N/A | 29.8% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 18.2 | 31.5 | 6.8 | 0.1 | -82.4% |
Top Export Markets for Reclaimed Rubber from Latvia in 2022:
- United Kingdom (78.0 kg)
- Lithuania (2.0 kg)
This report provides an in-depth analysis of the reclaimed rubber market in Latvia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 22191000 - Reclaimed rubber in primary forms or in plates, sheets or strips
Country coverage:
- Latvia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Latvia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the reclaimed rubber market in Latvia.
This report provides an in-depth analysis of the global reclaimed rubber market.
This report provides an in-depth analysis of the reclaimed rubber market in Latvia.
This report provides an in-depth analysis of the global reclaimed rubber market.
Discover the latest trends in the reclaimed rubber market as demand continues to rise globally. Get insights into the projected growth with an expected CAGR of +3.2% in volume and +5.6% in value from 2023 to 2030.
Discover the latest trends in the reclaimed rubber market as demand continues to rise globally. Get insights into the projected growth with an expected CAGR of +3.2% in volume and +5.6% in value from 2023 to 2030.