Latvia - Zinc Oxide And Zinc Peroxide - Market Analysis, Forecast, Size, Trends And Insights
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View PricingZinc Oxide Price in Latvia - 2023
Contents:
- Zinc Oxide Price in Latvia (CIF) - 2022
- Zinc Oxide Price in Latvia (FOB) - 2022
- Zinc Oxide Imports in Latvia
- Zinc Oxide Exports in Latvia
Zinc Oxide Price in Latvia (CIF) - 2022
In 2022, the average zinc oxide import price amounted to $2,582 per ton, rising by 14% against the previous year. Over the period under review, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, zinc oxide import price increased by +50.6% against 2020 indices. The pace of growth was the most pronounced in 2017 an increase of 32% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($16,538 per ton), while the price for Denmark ($2,209 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+47.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Zinc Oxide Price in Latvia (FOB) - 2022
In 2022, the average zinc oxide export price amounted to $11,249 per ton, picking up by 149% against the previous year. In general, the export price recorded significant growth. The pace of growth was the most pronounced in 2014 when the average export price increased by 150%. The export price peaked in 2022 and is likely to see gradual growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2013 to 2022, the rate of growth in terms of prices for Estonia amounted to +20.1% per year.
Zinc Oxide Imports in Latvia
For the third year in a row, Latvia recorded decline in supplies from abroad of zinc oxide and zinc peroxide, which decreased by -26.9% to 169 tons in 2022. In general, imports continue to indicate a abrupt shrinkage. The smallest decline of -4% was in 2020.
In value terms, zinc oxide imports contracted markedly to $436K in 2022. Overall, imports continue to indicate a noticeable decline. The pace of growth was the most pronounced in 2021 with an increase of 23%. As a result, imports reached the peak of $521K, and then fell markedly in the following year.
Import of Zinc Oxide in Latvia (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Denmark | 397 | 323 | 398 | 318 | -7.1% |
Lithuania | 52.5 | 76.0 | 21.7 | 34.0 | -13.5% |
Netherlands | 0.1 | N/A | 0.4 | 15.3 | 434.8% |
Poland | 5.5 | 8.5 | 24.7 | 13.6 | 35.2% |
Others | 31.8 | 16.3 | 76.4 | 55.0 | 20.0% |
Total | 487 | 424 | 521 | 436 | -3.6% |
Top Suppliers of Zinc Oxide to Latvia in 2022:
- Denmark (144.0 tons)
- Lithuania (12.5 tons)
- Netherlands (4.2 tons)
- Poland (3.3 tons)
Zinc Oxide Exports in Latvia
In 2022, the amount of zinc oxide and zinc peroxide exported from Latvia surged to 6.2 tons, with an increase of 2,909% compared with 2021. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, zinc oxide exports skyrocketed to $70K in 2022. In general, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Zinc Oxide in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | N/A | N/A | N/A | 70.0 | 0% |
Lithuania | 2.0 | N/A | N/A | N/A | 0% |
Denmark | N/A | N/A | 0.9 | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 2.0 | N/A | 0.9 | 70.1 | 227.3% |
Top Export Markets for Zinc Oxide from Latvia in 2022:
- Russia (6.2 tons)
This report provides an in-depth analysis of the zinc oxide 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 20121130 - Zinc oxide, zinc peroxide
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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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 zinc oxide market in Latvia.
This report provides an in-depth analysis of the global zinc oxide market.
This report provides an in-depth analysis of the zinc oxide market in Latvia.
This report provides an in-depth analysis of the global zinc oxide market.
Zinc oxide is a versatile compound with growing global demand in industries such as cosmetics, pharmaceuticals, rubber manufacturing, and ceramics. The top importers of zinc oxide in 2022 were the United States, Germany, Spain, Mexico, France, Vietnam, Poland, Italy, Czech Republic, and the Netherlands. The United States led the pack with an import value of $362.5 million, followed by Germany with $138.7 million and Spain with $120.5 million.
Zinc oxide is a versatile compound with growing global demand in industries such as cosmetics, pharmaceuticals, rubber manufacturing, and ceramics. The top importers of zinc oxide in 2022 were the United States, Germany, Spain, Mexico, France, Vietnam, Poland, Italy, Czech Republic, and the Netherlands. The United States led the pack with an import value of $362.5 million, followed by Germany with $138.7 million and Spain with $120.5 million.