Dithionites and Sulphoxylates Price in Latvia - 2023
Contents:
- Dithionites and Sulphoxylates Price in Latvia (CIF) - 2022
- Dithionites and Sulphoxylates Price in Latvia (FOB) - 2022
- Dithionites and Sulphoxylates Imports in Latvia
- Dithionites and Sulphoxylates Exports in Latvia
Dithionites and Sulphoxylates Price in Latvia (CIF) - 2022
In 2022, the average dithionites and sulphoxylates import price amounted to $4,453 per ton, increasing by 20% against the previous year. In general, the import price posted a buoyant expansion. The growth pace was the most rapid in 2020 when the average import price increased by 37%. The import price peaked in 2022 and is likely to see steady growth in the near future.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($5,595 per ton), while the price for Poland amounted to $4,415 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+10.9%).
Dithionites and Sulphoxylates Price in Latvia (FOB) - 2022
The average dithionites and sulphoxylates export price stood at $17,000 per ton in 2022, rising by 2.4% against the previous year. In general, the export price continues to indicate strong growth. The most prominent rate of growth was recorded in 2017 an increase of 63%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Germany.
From 2013 to 2022, the rate of growth in terms of prices for Germany amounted to +82.1% per year.
Dithionites and Sulphoxylates Imports in Latvia
In 2022, the amount of dithionites and sulphoxylateses imported into Latvia declined to 11 tons, waning by -14.6% against the previous year's figure. Overall, imports recorded a slight reduction. The growth pace was the most rapid in 2021 with an increase of 38%. As a result, imports attained the peak of 13 tons, and then fell in the following year.
In value terms, dithionites and sulphoxylates imports reached $49K in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 29% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Dithionites and Sulphoxylates in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 24.7 | 24.0 | 44.7 | 47.3 | 24.2% |
| Germany | 0.1 | N/A | 1.6 | 1.9 | 166.8% |
| Others | 8.2 | 13.1 | 1.7 | N/A | -54.5% |
| Total | 33.0 | 37.2 | 48.0 | 49.2 | 14.2% |
Top Suppliers of Dithionites and Sulphoxylates to Latvia in 2022:
- Poland (10.7 tons)
- Germany (0.3 tons)
Dithionites and Sulphoxylates Exports in Latvia
Dithionites and sulphoxylates exports from Latvia fell notably to 6 kg in 2022, reducing by -99.5% compared with the year before. Over the period under review, exports continue to indicate a precipitous descent.
In value terms, dithionites and sulphoxylates exports declined sharply to $102 in 2022. In general, exports faced a sharp curtailment.
| Export of Dithionites and Sulphoxylates in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Germany | 6.4 | 0.1 | -98.4% | ||
| Russia | 12.6 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 19.1 | 0.1 | -99.5% | ||
Top Export Markets for Dithionites and Sulphoxylates from Latvia in 2022:
- Germany (6.0 kg)
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