Latvia - Silicon Dioxide - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingSilicon Dioxide Price in Latvia - 2023
Contents:
- Silicon Dioxide Price in Latvia (CIF) - 2022
- Silicon Dioxide Price in Latvia (FOB) - 2023
- Silicon Dioxide Imports in Latvia
- Silicon Dioxide Exports in Latvia
Silicon Dioxide Price in Latvia (CIF) - 2022
In 2022, the average silicon dioxide import price amounted to $3,376 per ton, jumping by 23% against the previous year. Overall, the import price recorded a prominent increase. The growth pace was the most rapid in 2021 when the average import price increased by 49% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($9,921 per ton), while the price for Poland ($921 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+24.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Silicon Dioxide Price in Latvia (FOB) - 2023
In September 2023, the average silicon dioxide export price amounted to $2,485 per ton, waning by -19% against the previous month. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 55% m-o-m. Over the period under review, the average export prices hit record highs at $4,577 per ton in March 2023; however, from April 2023 to September 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Belarus ($14,165 per ton), while the average price for exports to Lithuania ($1,340 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+6.6%), while the prices for the other major destinations experienced mixed trend patterns.
Silicon Dioxide Imports in Latvia
In 2022, supplies from abroad of silicon dioxide increased by 54% to 716 tons for the first time since 2019, thus ending a two-year declining trend. In general, total imports indicated measured growth from 2019 to 2022: its volume increased at an average annual rate of +4.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, silicon dioxide imports surged to $2.4M in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Silicon Dioxide in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bulgaria | N/A | N/A | N/A | 665 | 0% |
China | 18.3 | 0.7 | 101 | 572 | 215.0% |
Denmark | 459 | 68.0 | 12.5 | 385 | -5.7% |
Germany | 184 | 258 | 231 | 251 | 10.9% |
Netherlands | 4.4 | 243 | 540 | 199 | 256.3% |
Austria | 116 | 230 | 156 | 84.4 | -10.1% |
Lithuania | 107 | 32.8 | 37.4 | 52.5 | -21.1% |
Poland | 19.9 | 13.1 | 6.6 | 33.1 | 18.5% |
Others | 158 | 125 | 193 | 174 | 3.3% |
Total | 1,066 | 971 | 1,278 | 2,416 | 31.4% |
Top Suppliers of Silicon Dioxide to Latvia in 2022:
- Denmark (205.7 tons)
- Bulgaria (177.9 tons)
- Germany (86.6 tons)
- Netherlands (79.6 tons)
- China (57.6 tons)
- Poland (35.9 tons)
- Lithuania (27.4 tons)
- Austria (20.4 tons)
Silicon Dioxide Exports in Latvia
For the fourth consecutive year, Latvia recorded growth in overseas shipments of silicon dioxide, which increased by 96% to 856 tons in 2022. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, silicon dioxide exports soared to $2.2M in 2022. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Silicon Dioxide in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 7.8 | 18.8 | 10.7 | 872 | 381.7% |
Estonia | 223 | 127 | 324 | 778 | 51.7% |
Lithuania | 340 | 350 | 390 | 463 | 10.8% |
Others | 49.6 | 125 | 64.5 | 94.8 | 24.1% |
Total | 620 | 621 | 789 | 2,207 | 52.7% |
Top Export Markets for Silicon Dioxide from Latvia in 2022:
- Estonia (411.8 tons)
- Lithuania (237.8 tons)
- Russia (199.4 tons)
This report provides an in-depth analysis of the silicon dioxide market in Latvia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20132475 - Silicon dioxide
Country coverage:
- Latvia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Latvia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the silicon dioxide market in Latvia.
This report provides an in-depth analysis of the carbon dioxide market in Latvia.
This report provides an in-depth analysis of the hydrogen fluoride market in Latvia.
This report provides an in-depth analysis of the market for inorganic oxygen compounds of non-metals in Latvia.
This report provides an in-depth analysis of the oxides of boron market in Latvia.
This report provides an in-depth analysis of the global silicon dioxide market.
This report provides an in-depth analysis of the global carbon dioxide market.
This report provides an in-depth analysis of the global hydrogen fluoride market.
This report provides an in-depth analysis of the global market for inorganic oxygen compounds of non-metals.
This report provides an in-depth analysis of the global oxides of boron market.
In value terms, boron oxides and boric acids imports totaled $X in 2016. Overall, it indicated a mild growth from 2007 to 2016: the total imports value decreased at an average annual rate of -X% ...
In value terms, inorganic acids and other inorganic oxygen compounds imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to X>
In value terms, oxides of boron and boric acids exports totaled $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend...
In value terms, inorganic acids and other inorganic oxygen compounds exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, ...