Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Latvia - 2024

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Latvia (CIF) - 2022
  2. Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Latvia

Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Latvia (CIF) - 2022

In 2022, the average import price for acids; aromatic polycarboxylic acids; phthalic anhydrides amounted to $1,436 per ton, increasing by 35% against the previous year. In general, the import price, however, saw a noticeable slump. The import price peaked at $1,760 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Lithuania ($1,654 per ton) and Germany ($1,583 per ton), while the price for Belarus ($1,290 per ton) and Russia ($1,399 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+13.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Latvia

For the third consecutive year, Latvia recorded decline in purchases abroad of acids; aromatic polycarboxylic acids; phthalic anhydrides, which decreased by -29.6% to 100 tons in 2022. Overall, imports saw a abrupt curtailment. The smallest decline of -1.3% was in 2020.

In value terms, imports of acids; aromatic polycarboxylic acids; phthalic anhydrides dropped to $144K in 2022. Over the period under review, imports recorded a noticeable setback. The pace of growth was the most pronounced in 2021 when imports increased by 15% against the previous year.

Import of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus31.627.335.451.617.8%
Lithuania10272.419.533.1-31.3%
PolandN/AN/AN/A30.90%
Russia19.532.196.528.012.8%
Others0.1N/AN/AN/A0%
Total153132151144-2.0%

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride to Latvia in 2022:

  1. Belarus (40.0 tons)
  2. Poland (20.0 tons)
  3. Lithuania (20.0 tons)
  4. Russia (20.0 tons)

Source: IndexBox Market Intelligence Platform

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