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Latvia - Barley - Market Analysis, Forecast, Size, Trends and Insights
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View PricingBarley Price in Latvia - 2023
Contents:
- Barley Price in Latvia (FOB) - 2022
- Barley Price in Latvia (CIF) - 2022
- Barley Exports in Latvia
- Barley Imports in Latvia
Barley Price in Latvia (FOB) - 2022
In 2022, the average barley export price amounted to $277 per ton, surging by 18% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by 29%. The export price peaked in 2022 and is expected to retain growth in years to come.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Estonia ($339 per ton) and Spain ($298 per ton), while the average price for exports to Romania ($230 per ton) and Lithuania ($261 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Barley Price in Latvia (CIF) - 2022
In 2022, the average barley import price amounted to $332 per ton, surging by 46% against the previous year. Over the period under review, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, barley import price increased by +81.0% against 2020 indices. 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 2022, amid the top importers, the country with the highest price was Poland ($782 per ton), while the price for Ukraine ($268 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Barley Exports in Latvia
In 2022, approx. 33K tons of barley were exported from Latvia; waning by -79.2% compared with 2021 figures. Overall, exports showed a sharp setback. The pace of growth was the most pronounced in 2021 when exports increased by 23%.
In value terms, barley exports dropped dramatically to $9.1M in 2022. In general, exports showed a sharp descent. The pace of growth appeared the most rapid in 2021 with an increase of 52% against the previous year.
Export of Barley in Latvia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 7.4 | N/A | N/A | 4.4 | -15.9% |
Lithuania | 3.9 | 3.2 | 2.0 | 3.6 | -2.6% |
Romania | N/A | N/A | N/A | 0.7 | 0% |
Estonia | 0.2 | N/A | 0.1 | 0.3 | 14.5% |
Saudi Arabia | N/A | 18.7 | N/A | N/A | 0% |
Kuwait | 7.0 | N/A | N/A | N/A | 0% |
Tunisia | N/A | N/A | 6.5 | N/A | 0% |
Algeria | N/A | N/A | 17.7 | N/A | 0% |
Netherlands | 6.0 | 2.1 | 4.4 | N/A | -14.4% |
Turkey | 8.1 | N/A | N/A | N/A | 0% |
Others | 4.7 | 0.2 | 6.3 | N/A | 15.8% |
Total | 37.2 | 24.3 | 37.0 | 9.1 | -37.5% |
Top Export Markets for Barley from Latvia in 2022:
- Spain (14.8K tons)
- Lithuania (13.7K tons)
- Romania (3.2K tons)
- Estonia (0.8K tons)
Barley Imports in Latvia
In 2022, barley imports into Latvia contracted rapidly to 19K tons, which is down by -46.3% on 2021 figures. Over the period under review, imports showed a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 28%. As a result, imports reached the peak of 36K tons, and then shrank significantly in the following year.
In value terms, barley imports reduced rapidly to $6.4M in 2022. Overall, total imports indicated moderate growth from 2019 to 2022: its value increased at an average annual rate of +4.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +24.1% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 59% against the previous year. As a result, imports reached the peak of $8.2M, and then shrank dramatically in the following year.
Import of Barley in Latvia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lithuania | 4.4 | 4.0 | 7.5 | 5.4 | 7.1% |
Estonia | 0.8 | 1.0 | 0.7 | 0.4 | -20.6% |
Poland | N/A | N/A | N/A | 0.4 | 0% |
Ukraine | N/A | N/A | N/A | 0.1 | 0% |
Others | 0.4 | 0.2 | N/A | 0.2 | -20.6% |
Total | 5.6 | 5.2 | 8.2 | 6.4 | 4.6% |
Top Suppliers of Barley to Latvia in 2022:
- Lithuania (17.1K tons)
- Estonia (1.1K tons)
- Poland (0.5K tons)
- Ukraine (0.4K tons)
This report provides an in-depth analysis of the barley 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:
- FCL 44 - Barley
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
-
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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 barley market in Latvia.
This report provides an in-depth analysis of the grain market in Latvia.
This report provides an in-depth analysis of the global barley market.
This report provides an in-depth analysis of the global grain market.
This report provides an in-depth analysis of the barley market in Latvia.
This report provides an in-depth analysis of the global barley market.
Global barley market is expected to see continued growth over the next seven years, with consumption and production trends on the rise. Key insights include forecasts for market volume to reach 165M tons and market value to reach $56.3B by 2030. Major consuming and exporting countries are highlighted, along with trends in import and export prices.
Discover the top import markets for barley around the world, including China, Saudi Arabia, and the Netherlands. Read on to explore key statistics and analysis of these markets.
2021 is forecast to see global barley supplies outstripped by demand. This may lead to a sharp rise in grain prices. A substantial proportion of consumption growth is driven by the demand from China for barley-based feed, as China's livestock population continues to recover from the swine fever outbreak. Shortages in supply are expected due to the poor crop yield owing to the adverse weather conditions in Russia, Australia, Turkey and the UK.
The global barley market revenue amounted to $33.7B in 2018, picking up by 3.3% against the previous year. This...
Global barley consumption amounted to X thousand tons in 2015, declining by -X% against the previous year level.
Global barley exports amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
Global barley imports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
In 2015, the countries with the highest levels of production in 2015 were Russia (X thousand tons), Germany (X thousand tons), France (X thousand tons), together accounting for X% of total output.
Australia dominates in the global barley trade. In 2014, Australia exported X thousand tons of barley totaling X million USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total barley exports
Explore the top import markets for grain, including China, Japan, Mexico, and more. Learn about the key statistics and market trends in the global grain import industry.