Latvia - Dried Prunes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDried Prune Price in Latvia - 2023
Contents:
- Dried Prune Price in Latvia (CIF) - 2023
- Dried Prune Price in Latvia (FOB) - 2023
- Dried Prune Imports in Latvia
- Dried Prune Exports in Latvia
Dried Prune Price in Latvia (CIF) - 2023
The average dried prune import price stood at $3,577 per ton in September 2023, increasing by 5.7% against the previous month. In general, the import price, however, continues to indicate a mild contraction. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 58% month-to-month. As a result, import price attained the peak level of $5,481 per ton. From July 2023 to September 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Poland ($6,413 per ton), while the price for Uzbekistan ($2,757 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Poland (+1.2%), while the prices for the other major suppliers experienced a decline.
Dried Prune Price in Latvia (FOB) - 2023
In September 2023, the average dried prune export price amounted to $4,202 per ton, increasing by 18% against the previous month. Overall, the export price, however, showed a slight contraction. Over the period under review, the average export prices attained the peak figure at $5,254 per ton in September 2022; however, from October 2022 to September 2023, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In September 2023, the country with the highest price was Estonia ($4,528 per ton), while the average price for exports to Lithuania stood at $3,901 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (-0.4%), while the prices for the other major destinations experienced a decline.
Dried Prune Imports in Latvia
In 2022, approx. 598 tons of dried prunes were imported into Latvia; picking up by 37% on the previous year's figure. The total import volume increased at an average annual rate of +2.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, dried prune imports soared to $2.6M in 2022. In general, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Dried Prune in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Uzbekistan | 23.0 | 15.2 | 359 | 869 | 235.6% |
Lithuania | 306 | 261 | 478 | 810 | 38.3% |
Chile | 659 | 759 | 330 | 471 | -10.6% |
Poland | 7.9 | 27.6 | 112 | 228 | 206.7% |
Germany | 52.5 | 77.2 | 105 | 111 | 28.3% |
Moldova | N/A | 81.6 | 53.7 | 102 | 11.8% |
Others | 122 | 49.7 | 170 | 19.1 | -46.1% |
Total | 1,171 | 1,272 | 1,608 | 2,610 | 30.6% |
Top Suppliers of Dried Prune to Latvia in 2022:
- Uzbekistan (261.8 tons)
- Lithuania (161.6 tons)
- Chile (101.8 tons)
- Poland (34.2 tons)
- Moldova (24.8 tons)
- Germany (11.7 tons)
Dried Prune Exports in Latvia
In 2022, exports of dried prunes from Latvia surged to 108 tons, with an increase of 21% on 2021 figures. In general, exports, however, saw a abrupt descent.
In value terms, dried prune exports surged to $580K in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +11.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Dried Prune in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Estonia | 189 | 257 | 171 | 264 | 11.8% |
Lithuania | 175 | 89.4 | 70.4 | 234 | 10.2% |
Poland | N/A | N/A | N/A | 63.7 | 0% |
Russia | 24.1 | 46.2 | 15.2 | 7.1 | -33.5% |
Finland | 14.0 | 2.1 | 36.0 | 3.1 | -39.5% |
Chile | N/A | N/A | 16.4 | N/A | 0% |
Others | 16.5 | 30.2 | 38.9 | 7.9 | -21.8% |
Total | 418 | 425 | 348 | 580 | 11.5% |
Top Export Markets for Dried Prune from Latvia in 2022:
- Lithuania (48.7 tons)
- Estonia (44.3 tons)
- Poland (12.8 tons)
- Russia (1.0 tons)
- Finland (0.5 tons)
This report provides an in-depth analysis of the dried prune 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:
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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In 2019, global dried prune exports amounted to 178K tons. Chile was the largest exporter of dried prunes in the world, with the volume of exports reaching 69K tons, which was near 39% of total exports in 2019. Moldova emerged as the fastest-growing exporter exported in the world, with a CAGR of +14.7% from 2007-2019.
In 2019, global dried prune exports amounted to 178K tons. Chile was the largest exporter of dried prunes in the world, with the volume of exports reaching 69K tons, which was near 39% of total exports in 2019. Moldova emerged as the fastest-growing exporter exported in the world, with a CAGR of +14.7% from 2007-2019.