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Latvia - Naphthalene and Other Aromatic Hydrocarbon Mixtures - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLatvia: Aromatic Hydrocarbon Mixtures Market 2024
Aromatic Hydrocarbon Mixtures Market Size in Latvia
The Latvian aromatic hydrocarbon mixtures market rose to $X in 2023, increasing by X% against the previous year. Over the period under review, consumption recorded a noticeable slump. Aromatic hydrocarbon mixtures consumption peaked at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.
Aromatic Hydrocarbon Mixtures Production in Latvia
In value terms, aromatic hydrocarbon mixtures production expanded sharply to $X in 2023 estimated in export price. In general, production saw a noticeable decline. The most prominent rate of growth was recorded in 2021 with an increase of X%. Aromatic hydrocarbon mixtures production peaked at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.
Aromatic Hydrocarbon Mixtures Exports
Exports from Latvia
In 2023, after two years of growth, there was significant decline in overseas shipments of naphthalene and other aromatic hydrocarbon mixtures, when their volume decreased by X% to X tons. Over the period under review, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2022 with an increase of X,360% against the previous year. As a result, the exports reached the peak of X tons, and then fell remarkably in the following year.
In value terms, aromatic hydrocarbon mixtures exports reduced markedly to $X in 2023. In general, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2022 when exports increased by X,971%. As a result, the exports attained the peak of $X, and then plummeted in the following year.
Exports by Country
Uzbekistan (X tons), Lithuania (X tons) and Estonia (X tons) were the main destinations of aromatic hydrocarbon mixtures exports from Latvia.
From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lithuania (with a CAGR of X%), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for aromatic hydrocarbon mixtures exported from Latvia were Uzbekistan ($X), Lithuania ($X) and Estonia ($X).
Lithuania, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2023, the average aromatic hydrocarbon mixtures export price amounted to $X per ton, standing approx. at the previous year. In general, the export price, however, faced a abrupt decline. The pace of growth appeared the most rapid in 2019 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2023, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Lithuania ($X per ton), while the average price for exports to Estonia ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (X%).
Aromatic Hydrocarbon Mixtures Imports
Imports into Latvia
In 2023, after two years of growth, there was significant decline in supplies from abroad of naphthalene and other aromatic hydrocarbon mixtures, when their volume decreased by X% to X tons. Overall, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2022 when imports increased by X%. As a result, imports reached the peak of X tons, and then dropped remarkably in the following year.
In value terms, aromatic hydrocarbon mixtures imports contracted markedly to $X in 2023. Over the period under review, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then declined significantly in the following year.
Imports by Country
In 2023, Belgium (X tons) constituted the largest supplier of aromatic hydrocarbon mixtures to Latvia, accounting for a X% share of total imports. Moreover, aromatic hydrocarbon mixtures imports from Belgium exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold.
From 2012 to 2023, the average annual rate of growth in terms of volume from Belgium totaled X%.
In value terms, Belgium ($X) constituted the largest supplier of naphthalene and other aromatic hydrocarbon mixtures to Latvia, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports.
From 2012 to 2023, the average annual rate of growth in terms of value from Belgium stood at X%.
Import Prices by Country
In 2023, the average aromatic hydrocarbon mixtures import price amounted to $X per ton, reducing by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2019 to 2023, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for the Netherlands stood at $X per ton.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the prices for the other major suppliers experienced a decline.
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This report provides an in-depth analysis of the aromatic hydrocarbon mixtures 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 20147340 - Naphthalene and other aromatic hydrocarbon mixtures (excluding benzole, toluole, xylole)
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
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