Latvia - Iodine - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIodine Price in Latvia - 2023
Contents:
- Iodine Price in Latvia (FOB) - 2022
- Iodine Price in Latvia (CIF) - 2022
- Iodine Exports in Latvia
- Iodine Imports in Latvia
Iodine Price in Latvia (FOB) - 2022
In 2022, the average iodine export price amounted to $52,954 per ton, with a decrease of -10.7% against the previous year. Over the period under review, the export price, however, saw prominent growth. The pace of growth appeared the most rapid in 2021 when the average export price increased by 44%. As a result, the export price attained the peak level of $59,322 per ton, and then dropped in the following year.
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 Ukraine ($55,263 per ton), while the average price for exports to Germany stood at $2,026 per ton.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+16.6%).
Iodine Price in Latvia (CIF) - 2022
In 2022, the average iodine import price amounted to $66,801 per ton, jumping by 20% against the previous year. Overall, the import price, however, continues to indicate a perceptible decline. The pace of growth appeared the most rapid in 2015 when the average import price increased by 263%. As a result, import price attained the peak level of $459,444 per ton. From 2016 to 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($61,200 per ton), while the price for Germany totaled $59,429 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-7.0%).
Iodine Exports in Latvia
Iodine exports from Latvia was estimated at 677 kg in 2022, with an increase of 13% on 2021. Overall, exports, however, showed a abrupt contraction. The pace of growth appeared the most rapid in 2020 with an increase of 100% against the previous year. As a result, the exports attained the peak of 2.4 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, iodine exports reached $36K in 2022. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 181%. As a result, the exports attained the peak of $99K. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Iodine in Latvia (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ukraine | N/A | N/A | N/A | 33.2 | 0% |
Germany | N/A | N/A | N/A | 0.2 | 0% |
Netherlands | 35.1 | 98.6 | 35.6 | N/A | 0.7% |
Others | N/A | N/A | N/A | 2.5 | 0% |
Total | 35.1 | 98.6 | 35.6 | 35.9 | 0.8% |
Top Export Markets for Iodine from Latvia in 2022:
- Ukraine (600.0 kg)
- Germany (76.0 kg)
Iodine Imports in Latvia
In 2022, approx. 2.1 tons of iodine were imported into Latvia; with an increase of 45% on 2021 figures. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +13.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -15.1% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 71% against the previous year. As a result, imports attained the peak of 2.4 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, iodine imports surged to $138K in 2022. In general, imports recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 130% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
Import of Iodine in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 41.6 | 96.0 | 77.5 | 12.2 | -33.6% |
Germany | 1.2 | 1.8 | 0.2 | 0.4 | -30.7% |
Others | 0.1 | 0.8 | 1.0 | 125 | 977.2% |
Total | 42.9 | 98.6 | 78.7 | 138 | 47.6% |
Top Suppliers of Iodine to Latvia in 2022:
- Belgium (200.0 kg)
- Germany (7.0 kg)
This report provides an in-depth analysis of the iodine 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:
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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In 2021, global iodine production grew by 5% to 35K tons, recovering from the 2020’s crisis. The leading iodine producers, namely Chile and Japan, saw the most prominent increases in outputs compared to other countries.
The global iodine trade value exhibited robust growth from 2007 to 2013, suddenly reversing the trend in 2014. After a sharp decline over the last two years, global exports of iodine amounted to X million USD in 2015.
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In value terms, fluorine, chlorine, bromine and iodine imports stood at $X in 2016. Overall, fluorine, chlorine, bromine and iodine imports continue to indicate a slight expansion. Over the period ...
In value terms, fluorine, chlorine, bromine and iodine exports stood at $X in 2016. Overall, it indicated a temperate expansion from 2007 to 2016: the total exports value decreased at an average an...
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In 2021, global iodine production grew by 5% to 35K tons, recovering from the 2020’s crisis. The leading iodine producers, namely Chile and Japan, saw the most prominent increases in outputs compared to other countries.
The global iodine trade value exhibited robust growth from 2007 to 2013, suddenly reversing the trend in 2014. After a sharp decline over the last two years, global exports of iodine amounted to X million USD in 2015.
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