Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Latvia - 2023

Contents:

1. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Latvia (CIF) - 2022
2. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Latvia (FOB) - 2022
3. Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Latvia
4. Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Latvia

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Latvia (CIF) - 2022

In 2022, the average import price for polymers, natural; alginic acid, its salts and esters, in primary formses amounted to $10,752 per ton, declining by -5.1% against the previous year. Over the period under review, the import price showed a noticeable reduction. The pace of growth appeared the most rapid in 2019 an increase of 92% against the previous year. The import price peaked at $14,107 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($33,279 per ton), while the price for Poland ($5,935 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+19.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Latvia (FOB) - 2022

The average export price for polymers, natural; alginic acid, its salts and esters, in primary formses stood at $4,562 per ton in 2022, declining by -52.8% against the previous year. In general, the export price, however, showed slight growth. The growth pace was the most rapid in 2018 an increase of 325%. As a result, the export price reached the peak level of $14,542 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Estonia.

From 2012 to 2022, the rate of growth in terms of prices for Estonia amounted to +1.5% per year.

Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Latvia

Imports of polymers, natural; alginic acid, its salts and esters, in primary formses into Latvia skyrocketed to 14 tons in 2022, jumping by 482% on the previous year's figure. Over the period under review, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of polymers, natural; alginic acid, its salts and esters, in primary formses surged to $154K in 2022. Overall, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms to Latvia in 2022:

1. China (10.4 tons)
2. Germany (2.7 tons)
3. Poland (0.8 tons)
4. Belgium (0.3 tons)

Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Latvia

After three years of growth, shipments abroad of polymers, natural; alginic acid, its salts and esters, in primary formses decreased by -31.8% to 73 kg in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +10.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 43%.

In value terms, exports of polymers, natural; alginic acid, its salts and esters, in primary formses contracted remarkably to $333 in 2022. In general, exports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2020 with an increase of 47%.

Top Export Markets for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms from Latvia in 2022:

1. Estonia (73.0 kg)

Source: IndexBox Market Intelligence Platform