Latvia - Manganites, Manganates and Permanganates, Molybdates and Tungstates - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLatvia: Market for Manganites, Manganates And Permanganates, Molybdates And Tungstates 2024
Market Size for Manganites, Manganates And Permanganates, Molybdates And Tungstates in Latvia
The Latvian market for manganites, manganates and permanganates, molybdates and tungstates declined to $X in 2023, dropping by X% against the previous year. Overall, consumption saw a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2023, consumption stood at a somewhat lower figure.
Production of Manganites, Manganates And Permanganates, Molybdates And Tungstates in Latvia
In value terms, manganites, manganates, molybdates and tungstates production fell modestly to $X in 2023 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Manganites, manganates, molybdates and tungstates production peaked at $X in 2016; however, from 2017 to 2023, production stood at a somewhat lower figure.
Exports of Manganites, Manganates And Permanganates, Molybdates And Tungstates
Exports from Latvia
In 2023, shipments abroad of manganites, manganates and permanganates, molybdates and tungstates decreased by X% to X kg, falling for the second year in a row after two years of growth. Over the period under review, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2014 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2015 to 2023, the growth of the exports failed to regain momentum.
In value terms, manganites, manganates, molybdates and tungstates exports reduced dramatically to $X in 2023. In general, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2023, the growth of the exports remained at a somewhat lower figure.
Exports by Country
Estonia (X kg) was the main destination for manganites, manganates, molybdates and tungstates exports from Latvia, with a approx. X% share of total exports.
From 2013 to 2023, the average annual growth rate of volume to Estonia stood at X%.
In value terms, Estonia ($X) also remains the key foreign market for manganites, manganates and permanganates, molybdates and tungstates exports from Latvia.
From 2013 to 2023, the average annual growth rate of value to Estonia amounted to X%.
Export Prices by Country
The average export price for manganites, manganates and permanganates, molybdates and tungstates stood at $X per ton in 2023, surging by X% against the previous year. Over the period under review, export price indicated resilient growth from 2013 to 2023: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, manganites, manganates, molybdates and tungstates export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs in 2023 and is likely to see gradual growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Estonia.
From 2013 to 2023, the rate of growth in terms of prices for Estonia amounted to X% per year.
Imports of Manganites, Manganates And Permanganates, Molybdates And Tungstates
Imports into Latvia
For the third year in a row, Latvia recorded decline in purchases abroad of manganites, manganates and permanganates, molybdates and tungstates, which decreased by X% to X tons in 2023. Over the period under review, imports recorded a pronounced downturn. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, imports reached the peak of X tons. From 2015 to 2023, the growth of imports remained at a lower figure.
In value terms, manganites, manganates, molybdates and tungstates imports skyrocketed to $X in 2023. Overall, imports, however, saw resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Imports by Country
In 2023, Poland (X tons) constituted the largest supplier of manganites, manganates, molybdates and tungstates to Latvia, accounting for a X% share of total imports. Moreover, manganites, manganates, molybdates and tungstates imports from Poland exceeded the figures recorded by the second-largest supplier, Austria (X tons), fourfold.
From 2012 to 2023, the average annual growth rate of volume from Poland stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (X% per year) and Lithuania (X% per year).
In value terms, the largest manganites, manganates, molybdates and tungstates suppliers to Latvia were Austria ($X), Poland ($X) and Lithuania ($X), with a combined X% share of total imports.
Austria, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.
Import Prices by Country
In 2023, the average import price for manganites, manganates and permanganates, molybdates and tungstates amounted to $X per ton, surging by X% against the previous year. Over the period under review, the import price recorded a buoyant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Lithuania ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Lithuania (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for manganites, manganates, molybdates and tungstates 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 20135110 - Manganites, manganates and permanganates, molybdates, t ungstates (wolframates)
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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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
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