Sulphides; Polysulphides Price in Latvia - 2023

Contents:

  1. Sulphides; Polysulphides Price in Latvia (CIF) - 2022
  2. Sulphides; Polysulphides Price in Latvia (FOB) - 2022
  3. Sulphides; Polysulphides Imports in Latvia
  4. Sulphides; Polysulphides Exports in Latvia

Sulphides; Polysulphides Price in Latvia (CIF) - 2022

In 2022, the average sulphides; polysulphides import price amounted to $8,835 per ton, dropping by -52.4% against the previous year. Over the period under review, the import price, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 an increase of 557%. Over the period under review, average import prices attained the maximum at $18,558 per ton in 2021, and then shrank notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($17,015 per ton), while the price for Poland totaled $3,689 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+21.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphides; Polysulphides Price in Latvia (FOB) - 2022

In 2022, the average sulphides; polysulphides export price amounted to $20,281 per ton, remaining stable against the previous year. In general, the export price enjoyed significant growth. The most prominent rate of growth was recorded in 2020 an increase of 29%. The export price peaked in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($56,000 per ton), while the average price for exports to Ukraine totaled $17,900 per ton.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+29.0%).

Sulphides; Polysulphides Imports in Latvia

In 2022, after two years of decline, there was significant growth in purchases abroad of sulphides; polysulphideses, when their volume increased by 132% to 5.3 tons. In general, imports, however, faced a dramatic decrease.

In value terms, sulphides; polysulphides imports stood at $46K in 2022. Over the period under review, imports, however, continue to indicate a sharp decline.

Import of Sulphides; Polysulphides in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany80.085.336.128.0-29.5%
Poland4.00.4N/A13.349.3%
Hungary179N/AN/AN/A0%
Belgium233N/AN/AN/A0%
Others10.80.66.05.2-21.6%
Total50786.342.046.4-54.9%

Top Suppliers of Sulphides; Polysulphides to Latvia in 2022:

  1. Poland (3.6 tons)
  2. Germany (1.6 tons)

Sulphides; Polysulphides Exports in Latvia

For the third consecutive year, Latvia recorded decline in shipments abroad of sulphides; polysulphideses, which decreased by 0% to 32 kg in 2022. Overall, exports continue to indicate a significant increase. The smallest decline of -7.1% was in 2020. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, sulphides; polysulphides exports stood at $649 in 2022. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 20%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Export of Sulphides; Polysulphides in Latvia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
UkraineN/AN/AN/A5370%
SwitzerlandN/AN/AN/A1120%
United Kingdom111133N/AN/A19.8%
OthersN/AN/AN/AN/A0%
Total111133N/A64980.2%

Top Export Markets for Sulphides; Polysulphides from Latvia in 2022:

  1. Ukraine (30.0 kg)
  2. Switzerland (2.0 kg)

Source: IndexBox Market Intelligence Platform

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