What is the price of ethyl alcohol per kilogram/pound in Latvia today?
The retail price range for Latvia ethyl alcohol is between US$ 0.78 and US$ 1.56 per kilogram or between US$ 0.35 and US$ 0.71 per pound(lb). Click here to see today's exact prices of ethyl alcohol in Latvia
The retail price range in Euro for ethyl alcohol is between EUR 0.72 and EUR 1.44 per kilogram or between EUR 0.33 and EUR 0.65 per pound(lb) in Riga and Daugavpils.
Wholesale prices
In 2024, the approximate wholesale price range for Latvia ethyl alcohol is between US$ 0.55 and US$ 1.09 per kilogram or between US$ 0.25 and US$ 0.50 per pound(lb).
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Latvia ethyl alcohol - Production, Exports, Imports, Seasons and HS Codes
The quantity of ethyl alcohol sold by Latvia in 2020 was 21,261 metric tons. In 2019 Latvia shipped 19,753 tonnes of ethyl alcohol. Across 2019 alone, the market for Latvia ethyl alcohol (processed category) has shrunk, with a change of -20.953 pc compared to the year 2018. Between 2017 and 2019, ethyl alcohol's exports went down by -21.27% netting Latvia US$73.08m for the year 2019. Latvia's ethyl alcohol exports are categorised as:
- Denatured ethyl alcohol and other spirits of any strength (HS code 220720)
- Undenatured ethyl alcohol, of actual alcoholic strength of >= 80% (HS code 220710)
- Ethyl alcohol of an alcoholic strength of < 80% vol, not denatured; spirits and other spirituous beverages (excluding compound alcoholic preparations of a kind used for the manufacture of beverages, spirits obtained by distilling grape wine or grape marc, whiskies, rum and other spirits obtained by distilling fermented sugar-cane products, gin, geneva, vodka, liqueurs and cordials) (HS code 220890)
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Latvia ethyl alcohol export values
In 2019, Latvia shipped ethyl alcohol valued at 73.08m USD, a reduction of -6.01% from 2018's total ethyl alcohol export of 77.755m USD. The yearly reduction in value of Latvia ethyl alcohol between 2017 to 2018 was 8.601 per cent.
The annual/yearly variation in the amount of Latvia's ethyl alcohol exports between 2017 and 2019 was -21.27 percent compared to a variation of -20.953% in the period between 2018 and 2019.
Latvia's portion of the world's total ethyl alcohol's exports in 2019 was less than 1%. The country holds number 27 in world exports of ethyl alcohol.
Export markets for Latvia ethyl alcohol ( in '000$ )
Import/Export Trends
Latvia is a net exporter of ethyl alcohol. The annual growth of Latvia ethyl alcohol in value between 2015 to 2019 was 39%, per annum, while annual growth in quantity was 31%, per annum.
Latvia procured 26,221 tonnes of ethyl alcohol in 2019.