Price for Andalusite, Kyanite and Sillimanite in Latvia - 2023
Contents:
- Price for Andalusite, Kyanite and Sillimanite in Latvia (FOB) - 2022
- Price for Andalusite, Kyanite and Sillimanite in Latvia (CIF) - 2022
- Exports of Andalusite, Kyanite and Sillimanite in Latvia
- Imports of Andalusite, Kyanite and Sillimanite in Latvia
Price for Andalusite, Kyanite and Sillimanite in Latvia (FOB) - 2022
In 2022, the average andalusite, kyanite and sillimanite export price amounted to $1,367 per ton, dropping by -38.3% against the previous year. Over the period under review, the export price, however, continues to indicate a strong increase. The most prominent rate of growth was recorded in 2021 an increase of 63% against the previous year. As a result, the export price reached the peak level of $2,216 per ton, and then declined remarkably in the following year.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($1,587 per ton), while the average price for exports to the Netherlands amounted to $1,348 per ton.
From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+6.9%).
Price for Andalusite, Kyanite and Sillimanite in Latvia (CIF) - 2022
The average andalusite, kyanite and sillimanite import price stood at $775 per ton in 2022, surging by 19% against the previous year. In general, the import price, however, saw a mild decrease. The import price peaked at $929 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($784 per ton), while the price for Belgium ($622 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+0.7%), while the prices for the other major suppliers experienced a decline.
Exports of Andalusite, Kyanite and Sillimanite in Latvia
In 2022, exports of andalusite, kyanite and sillimanites from Latvia rose markedly to 268 tons, growing by 10% on the previous year's figure. Overall, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +16.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -8.1% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 74% against the previous year. As a result, the exports reached the peak of 292 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, andalusite, kyanite and sillimanite exports fell significantly to $367K in 2022. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 131%.
| Export of Andalusite, Kyanite and Sillimanite in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 172 | 396 | 538 | 333 | 24.6% |
| Lithuania | N/A | N/A | N/A | 33.8 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 172 | 396 | 538 | 367 | 28.7% |
Top Export Markets for Andalusite, Kyanite and Sillimanite from Latvia in 2022:
- Netherlands (246.9 tons)
- Lithuania (21.3 tons)
Imports of Andalusite, Kyanite and Sillimanite in Latvia
In 2022, approx. 4.3 tons of andalusite, kyanite and sillimanites were imported into Latvia; picking up by 5.3% on 2021 figures. Over the period under review, imports saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 1,390%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, andalusite, kyanite and sillimanite imports soared to $3.3K in 2022. Overall, imports posted a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 1,260% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Andalusite, Kyanite and Sillimanite in Latvia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | 2,605 | 3,137 | 20.4% |
| Belgium | 14.0 | 70.0 | 34.0 | 145 | 118.0% |
| Lithuania | 1,348 | 124 | N/A | 23.0 | -74.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,362 | 194 | 2,639 | 3,305 | 34.4% |
Top Suppliers of Andalusite, Kyanite and Sillimanite to Latvia in 2022:
- Lithuania (undefined tons)
- Netherlands (4.0 tons)
- Belgium (0.2 tons)
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