Sulphites; Thiosulphates Price in Latvia - 2023
Contents:
- Sulphites; Thiosulphates Price in Latvia (CIF) - 2022
- Sulphites; Thiosulphates Price in Latvia (FOB) - 2022
- Sulphites; Thiosulphates Imports in Latvia
- Sulphites; Thiosulphates Exports in Latvia
Sulphites; Thiosulphates Price in Latvia (CIF) - 2022
The average sulphites; thiosulphates import price stood at $832 per ton in 2022, picking up by 91% against the previous year. Over the period under review, the import price, however, saw a pronounced slump. The import price peaked at $1,538 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($2,511 per ton), while the price for Lithuania ($651 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Sulphites; Thiosulphates Price in Latvia (FOB) - 2022
The average sulphites; thiosulphates export price stood at $985 per ton in 2022, reducing by -34.2% against the previous year. Over the period under review, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2014 when the average export price increased by 40% against the previous year. 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.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($1,539 per ton), while the average price for exports to Estonia ($838 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 (-1.0%), while the prices for the other major destinations experienced a decline.
Sulphites; Thiosulphates Imports in Latvia
After three years of growth, purchases abroad of sulphites; thiosulphateses decreased by -30% to 325 tons in 2022. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 574%. As a result, imports reached the peak of 464 tons, and then shrank notably in the following year.
In value terms, sulphites; thiosulphates imports soared to $270K in 2022. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 171%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in years to come.
| Import of Sulphites; Thiosulphates in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 4.8 | 9.6 | 161 | 159 | 221.2% |
| Netherlands | N/A | N/A | N/A | 39.5 | 0% |
| Germany | 5.5 | 7.0 | 0.6 | 31.5 | 78.9% |
| Poland | 4.0 | 11.5 | 13.3 | 25.3 | 84.9% |
| Belgium | 18.1 | 42.8 | 24.2 | 13.6 | -9.1% |
| Others | 9.1 | 3.6 | 3.3 | 1.8 | -41.7% |
| Total | 41.5 | 74.7 | 203 | 270 | 86.7% |
Top Suppliers of Sulphites; Thiosulphates to Latvia in 2022:
- Lithuania (243.7 tons)
- Poland (30.1 tons)
- Netherlands (22.4 tons)
- Germany (20.2 tons)
- Belgium (5.4 tons)
Sulphites; Thiosulphates Exports in Latvia
In 2022, the amount of sulphites; thiosulphateses exported from Latvia surged to 19 tons, rising by 32% on the previous year. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +16.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -4.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 65%. As a result, the exports attained the peak of 20 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, sulphites; thiosulphates exports fell to $19K in 2022. Overall, exports continue to indicate a notable increase. The most prominent rate of growth was recorded in 2020 when exports increased by 131% against the previous year. As a result, the exports reached the peak of $39K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Sulphites; Thiosulphates in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 6.6 | 16.8 | 6.3 | 13.8 | 27.9% |
| Finland | 0.9 | 1.6 | 1.5 | 2.1 | 32.6% |
| Lithuania | 6.7 | 19.0 | 0.8 | 1.4 | -40.7% |
| Germany | N/A | N/A | 0.2 | 0.4 | 100.0% |
| Bulgaria | 1.1 | 1.1 | 13.0 | N/A | 243.8% |
| Others | 1.5 | 0.3 | 0.1 | 1.4 | -2.3% |
| Total | 16.8 | 38.8 | 21.9 | 19.1 | 4.4% |
Top Export Markets for Sulphites; Thiosulphates from Latvia in 2022:
- Estonia (16.5 tons)
- Finland (1.5 tons)
- Lithuania (0.9 tons)
- Germany (0.3 tons)
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