Price for Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts in Latvia - 2023

Contents:

1. Price for Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts in Latvia (CIF) - 2022
2. Price for Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts in Latvia (FOB) - 2022
3. Imports of Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts in Latvia
4. Exports of Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts in Latvia

Price for Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts in Latvia (CIF) - 2022

The average import price for fluorides; fluorosilicates, fluoroaluminates and other complex fluorine saltses stood at $3,998 per ton in 2022, picking up by 38% against the previous year. In general, the import price recorded resilient growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 73%. The import price peaked at $7,399 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($5,989 per ton), while the price for Poland ($2,286 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+20.8%), while the prices for the other major suppliers experienced a decline.

Price for Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts in Latvia (FOB) - 2022

In 2022, the average export price for fluorides; fluorosilicates, fluoroaluminates and other complex fluorine saltses amounted to $3,655 per ton, falling by -63.1% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 90%. As a result, the export price reached the peak level of $20,282 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($17,340 per ton), while the average price for exports to the Czech Republic ($2,204 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 Russia (+21.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts in Latvia

After three years of growth, overseas purchases of fluorides; fluorosilicates, fluoroaluminates and other complex fluorine saltses decreased by -34.7% to 49 tons in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +5.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 37%. As a result, imports reached the peak of 75 tons, and then shrank notably in the following year.

In value terms, imports of fluorides; fluorosilicates, fluoroaluminates and other complex fluorine saltses reduced to $195K in 2022. Over the period under review, imports, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of 67% against the previous year. As a result, imports reached the peak of $217K, and then contracted in the following year.

Top Suppliers of Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts to Latvia in 2022:

1. Poland (18.7 tons)
2. Spain (15.0 tons)
3. Germany (13.4 tons)
4. Netherlands (1.0 tons)

Exports of Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts in Latvia

In 2022, approx. 14 tons of fluorides; fluorosilicates, fluoroaluminates and other complex fluorine saltses were exported from Latvia; rising by 1,057% compared with 2021 figures. Overall, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 1,179%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of fluorides; fluorosilicates, fluoroaluminates and other complex fluorine saltses soared to $51K in 2022. In general, exports recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 1,017% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Top Export Markets for Fluorides; Fluorosilicates, Fluoroaluminates and Other Complex Fluorine Salts from Latvia in 2022:

1. Czech Republic (12.0 tons)
2. Germany (1.8 tons)
3. Russia (0.1 tons)

Source: IndexBox Market Intelligence Platform