Latvia: Market for Gypsum, Anhydrite And Limestone 2019

Market Size for Gypsum, Anhydrite And Limestone in Latvia

The revenue of the gypsum, anhydrite and limestone market in Latvia amounted to $X in 2018, jumping by X% against the previous year. In general, gypsum, anhydrite and limestone consumption continues to indicate a moderate decline. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Over the period under review, the gypsum, anhydrite and limestone market attained its peak figure level at $X in 2008; however, from 2009 to 2018, consumption stood at a somewhat lower figure.

Production of Gypsum, Anhydrite And Limestone in Latvia

In value terms, gypsum, anhydrite and limestone production stood at $X in 2018 estimated in export prices. Overall, gypsum, anhydrite and limestone production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when production volume increased by X% y-o-y. Latvia gypsum, anhydrite and limestone production peaked at $X in 2008; however, from 2009 to 2018, production remained at a lower figure.

Exports of Gypsum, Anhydrite And Limestone

Exports from Latvia

Gypsum, anhydrite and limestone exports from Latvia totaled X tons in 2018, surging by X% against the previous year. Overall, gypsum, anhydrite and limestone exports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2017 when exports increased by X% y-o-y. Latvia exports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, gypsum, anhydrite and limestone exports stood at $X in 2018. In general, gypsum, anhydrite and limestone exports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, gypsum, anhydrite and limestone exports attained their peak figure in 2018 and are expected to retain its growth in the near future.

Exports by Country

In 2018, the United Arab Emirates (X tons) represented the largest exporter of gypsum, anhydrite and limestone, mixing up X% of total exports. Oman (X tons) ranks second in terms of the total exports with a X% share, followed by Spain (X%), Japan (X%) and Thailand (X%). Iran (X tons), India (X tons), Vietnam (X tons), Turkey (X tons), Mexico (X tons), Canada (X tons) and Malaysia (X tons) followed a long way behind the leaders.

Exports from the United Arab Emirates increased at an average annual rate of +X% from 2007 to 2018. At the same time, Vietnam (+X%), Turkey (+X%), Iran (+X%), India (+X%), Oman (+X%), Malaysia (+X%), Spain (+X%) and Japan (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Mexico experienced a relatively flat trend pattern. By contrast, Canada (-X%) and Thailand (-X%) illustrated a downward trend over the same period. The United Arab Emirates (+X p.p.), Oman (+X p.p.), Spain (+X p.p.), Iran (+X p.p.), Vietnam (+X p.p.), Turkey (+X p.p.), India (+X p.p.) and Japan (+X p.p.) significantly strengthened its position in terms of the global exports, while Thailand saw its share reduced by -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest gypsum, anhydrite and limestone markets from Latvia were the United Arab Emirates ($X), Thailand ($X) and Oman ($X), with a combined X% share of total exports. These countries were followed by Spain, Iran, Malaysia, Japan, Vietnam, India, Mexico, Canada, Turkey and Latvia, which together accounted for a further X terms of the main exporting countries, Vietnam (+X% per year) recorded the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The gypsum, anhydrite and limestone export price in Latvia stood at $X per ton in 2018, picking up by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Latvia export price peaked in 2018 and is likely to continue its growth in the near future.

Prices varied noticeably by the country of origin; the country with the highest price was Thailand ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Thailand, while the other leaders experienced more modest paces of growth.

Imports of Gypsum, Anhydrite And Limestone

Imports into Latvia

In 2018, approx. X tons of gypsum, anhydrite and limestone were imported into Latvia; remaining constant against the previous year. Over the period under review, gypsum, anhydrite and limestone imports continue to indicate a strong expansion. The growth pace was the most rapid in 2010 when imports increased by X% against the previous year. Latvia imports peaked at X tons in 2015; however, from 2016 to 2018, imports stood at a somewhat lower figure.

In value terms, gypsum, anhydrite and limestone imports stood at $X in 2018. In general, gypsum, anhydrite and limestone imports continue to indicate a strong increase. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. In that year, gypsum, anhydrite and limestone imports attained their peak of $X. From 2015 to 2018, the growth of gypsum, anhydrite and limestone imports remained at a lower figure.

Imports by Country

India was the largest importer of gypsum, anhydrite and limestone in the world, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2018. It was distantly followed by the U.S. (X tons), Bangladesh (X tons) and Japan (X tons), together creating a X% share of total imports. Indonesia (X tons), Taiwan, Chinese (X tons), Kuwait (X tons), Vietnam (X tons), South Korea (X tons), Free Zones (X tons), Ukraine (X tons) and Germany (X tons) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to gypsum, anhydrite and limestone imports into India stood at +X%. At the same time, Ukraine (+X%), Free Zones (+X%), Indonesia (+X%), Vietnam (+X%), Bangladesh (+X%), Japan (+X%), Taiwan, Chinese (+X%), South Korea (+X%) and Kuwait (+X%) displayed positive paces of growth. Moreover, Ukraine emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Germany experienced a relatively flat trend pattern. By contrast, the U.S. (-X%) illustrated a downward trend over the same period. While the share of India (+X p.p.), Indonesia (+X p.p.), Free Zones (+X p.p.), Bangladesh (+X p.p.), Ukraine (+X p.p.), Vietnam (+X p.p.) and Japan (+X p.p.) increased significantly in terms of the global imports from 2007-2018, the share of the U.S. (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported gypsum, anhydrite and limestone into Latvia, comprising X% of global imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of global imports. It was followed by Indonesia, with a X% share.

In India, gypsum, anhydrite and limestone imports expanded at an average annual rate of +X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: the U.S. (-X% per year) and Indonesia (+X% per year).

Import Prices by Country

In 2018, the gypsum, anhydrite and limestone import price in Latvia amounted to $X per ton, dropping by -X% against the previous year. In general, the gypsum, anhydrite and limestone import price continues to indicate a drastic slump. The pace of growth appeared the most rapid in 2014 when the import price increased by X% year-to-year. Latvia import price peaked at $X per ton in 2009; however, from 2010 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Ukraine ($X per ton), while Free Zones ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by India, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform