Sulphites; of Sodium Price in Latvia - 2023
Contents:
- Sulphites; of Sodium Price in Latvia (CIF) - 2022
- Sulphites; of Sodium Price in Latvia (FOB) - 2022
- Sulphites; of Sodium Imports in Latvia
- Sulphites; of Sodium Exports in Latvia
Sulphites; of Sodium Price in Latvia (CIF) - 2022
In 2022, the average sulphites; of sodium import price amounted to $1,230 per ton, reducing by -8.4% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 55%. Over the period under review, average import prices hit record highs at $1,343 per ton in 2021, and then shrank in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2,879 per ton), while the price for Lithuania ($412 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphites; of Sodium Price in Latvia (FOB) - 2022
In 2022, the average sulphites; of sodium export price amounted to $1,238 per ton, with a decrease of -28.1% against the previous year. Overall, the export price showed a abrupt decline. The pace of growth was the most pronounced in 2014 an increase of 39%. As a result, the export price reached the peak level of $2,821 per ton. From 2015 to 2022, the average 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 Germany ($1,904 per ton), while the average price for exports to Estonia ($1,118 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 Finland (+7.6%), while the prices for the other major destinations experienced mixed trend patterns.
Sulphites; of Sodium Imports in Latvia
In 2022, the amount of sulphites; of sodia imported into Latvia soared to 50 tons, growing by 96% compared with the previous year's figure. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, sulphites; of sodium imports surged to $62K in 2022. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 81%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.
| Import of Sulphites; of Sodium in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 1.1 | 9.7 | 6.5 | 23.3 | 176.7% |
| Germany | 0.8 | 0.1 | 0.4 | 20.6 | 195.3% |
| Belgium | 18.1 | 42.8 | 24.1 | 13.6 | -9.1% |
| Lithuania | 3.9 | 2.3 | 1.3 | 2.3 | -16.1% |
| Austria | 0.1 | 1.2 | 1.0 | 1.6 | 152.0% |
| Finland | 2.5 | 2.1 | 1.1 | 0.2 | -56.9% |
| Belarus | 4.6 | N/A | N/A | N/A | 0% |
| Others | 1.1 | N/A | N/A | 0.2 | -43.3% |
| Total | 32.2 | 58.2 | 34.4 | 61.8 | 24.3% |
Top Suppliers of Sulphites; of Sodium to Latvia in 2022:
- Poland (29.3 tons)
- Germany (7.1 tons)
- Lithuania (5.5 tons)
- Belgium (5.4 tons)
- Austria (2.5 tons)
- Finland (0.2 tons)
Sulphites; of Sodium Exports in Latvia
In 2022, overseas shipments of sulphites; of sodia decreased by -27.6% to 6.8 tons, falling for the second year in a row after two years of growth. In general, exports, however, saw pronounced growth. The pace of growth appeared the most rapid in 2020 when exports increased by 100% against the previous year. As a result, the exports reached the peak of 12 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, sulphites; of sodium exports declined sharply to $8.4K in 2022. Overall, exports faced a deep contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 145% against the previous year. As a result, the exports reached the peak of $29K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Sulphites; of Sodium in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 3.0 | 8.1 | 1.4 | 5.8 | 24.6% |
| Finland | 0.9 | 1.5 | 1.5 | 2.1 | 32.6% |
| Germany | N/A | N/A | 0.2 | 0.2 | 0.0% |
| Bulgaria | 1.1 | 1.2 | 13.0 | N/A | 243.8% |
| Lithuania | 5.9 | 18.2 | N/A | N/A | 208.5% |
| Netherlands | 0.8 | N/A | N/A | N/A | 0% |
| Others | 0.2 | 0.1 | N/A | 0.3 | 14.5% |
| Total | 11.9 | 29.1 | 16.1 | 8.4 | -11.0% |
Top Export Markets for Sulphites; of Sodium from Latvia in 2022:
- Estonia (5.1 tons)
- Finland (1.5 tons)
- Germany (0.1 tons)
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