Chalk and Dolomite Price in Latvia - 2023

Chalk and Dolomite Price in Latvia (CIF) - 2022

In 2022, the average chalk and dolomite import price amounted to $173 per ton, dropping by -7.1% against the previous year. Overall, the import price saw a abrupt contraction. The pace of growth was the most pronounced in 2021 an increase of 54% against the previous year. Over the period under review, average import prices hit record highs at $324 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($40,429 per ton), while the price for Belarus ($74 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+49.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Chalk and Dolomite Price in Latvia (FOB) - 2022

In 2022, the average chalk and dolomite export price amounted to $154 per ton, with an increase of 11% against the previous year. Overall, the export price, however, continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2018 an increase of 205% against the previous year. Over the period under review, the average export prices attained the maximum at $2,605 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($159 per ton), while the average price for exports to Estonia stood at $139 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+3.2%), while the prices for the other major destinations experienced a decline.

Chalk and Dolomite Imports in Latvia

In 2022, approx. 7.9K tons of chalk and dolomite were imported into Latvia; with an increase of 23% on 2021. The total import volume increased at an average annual rate of +5.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 28%. As a result, imports attained the peak of 8.5K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, chalk and dolomite imports rose markedly to $1.4M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +17.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 21%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Import of Chalk and Dolomite in Latvia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Norway	450	464	380	370	-6.3%
Poland	96.0	211	96.5	325	50.2%
Estonia	10.2	58.5	278	297	207.6%
Sweden	146	180	275	171	5.4%
Netherlands	57.9	51.3	87.0	120	27.5%
Lithuania	25.6	16.8	10.2	22.0	-4.9%
Belarus	12.5	13.4	21.5	8.8	-11.0%
Others	49.7	33.9	42.8	48.8	-0.6%
Total	847	1,029	1,191	1,363	17.2%

Top Suppliers of Chalk and Dolomite to Latvia in 2022:

Poland (3414.6 tons)
Norway (2330.8 tons)
Sweden (861.4 tons)
Netherlands (590.4 tons)
Estonia (289.0 tons)
Lithuania (188.9 tons)
Belarus (118.4 tons)

Chalk and Dolomite Exports in Latvia

In 2022, shipments abroad of chalk and dolomite decreased by -17.8% to 1.5K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +5.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 39% against the previous year.

In value terms, chalk and dolomite exports contracted to $229K in 2022. The total export value increased at an average annual rate of +7.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 29%.