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Latvia - Fruit Flour - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFruit Flour Price in Latvia - 2023
Contents:
- Fruit Flour Price in Latvia (CIF) - 2022
- Fruit Flour Price in Latvia (FOB) - 2022
- Fruit Flour Imports in Latvia
- Fruit Flour Exports in Latvia
Fruit Flour Price in Latvia (CIF) - 2022
The average fruit flour import price stood at $6,545 per ton in 2022, which is down by -1.6% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 55% against the previous year. The import price peaked at $12,305 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Russia ($7,319 per ton) and Germany ($6,793 per ton), while the price for Spain ($5,076 per ton) and Lithuania ($6,544 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+18.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Fruit Flour Price in Latvia (FOB) - 2022
The average fruit flour export price stood at $7,417 per ton in 2022, remaining constant against the previous year. Overall, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fruit flour export price decreased by -10.9% against 2020 indices. The pace of growth appeared the most rapid in 2014 an increase of 50%. The export price peaked at $8,756 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($17,252 per ton), while the average price for exports to the United States ($1,426 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+14.9%), while the prices for the other major destinations experienced a decline.
Fruit Flour Imports in Latvia
After three years of growth, purchases abroad of fruit flour decreased by -62.4% to 17 tons in 2022. In general, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 110% against the previous year.
In value terms, fruit flour imports reduced notably to $110K in 2022. Overall, imports faced a abrupt shrinkage. The growth pace was the most rapid in 2020 when imports increased by 65% against the previous year.
Import of Fruit Flour in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lithuania | N/A | 46.4 | 113 | 84.1 | 34.6% |
Germany | 3.7 | 2.2 | 5.5 | 10.5 | 41.6% |
Spain | 96.1 | 176 | 171 | 9.2 | -54.3% |
Russia | 2.5 | 2.5 | 1.6 | 2.9 | 5.1% |
United Kingdom | 15.6 | 9.2 | 1.0 | 0.1 | -81.4% |
Sweden | 53.0 | 37.8 | N/A | N/A | -28.7% |
Others | 6.1 | 16.9 | 5.5 | 3.3 | -18.5% |
Total | 177 | 291 | 298 | 110 | -14.7% |
Top Suppliers of Fruit Flour to Latvia in 2022:
- Lithuania (12.8 tons)
- Spain (1.8 tons)
- Germany (1.5 tons)
- Russia (0.4 tons)
Fruit Flour Exports in Latvia
In 2022, after three years of growth, there was significant decline in shipments abroad of fruit flour, when their volume decreased by -41.9% to 8.5 tons. Overall, exports continue to indicate a mild decrease. The most prominent rate of growth was recorded in 2021 with an increase of 64% against the previous year. As a result, the exports attained the peak of 15 tons, and then declined sharply in the following year.
In value terms, fruit flour exports reduced markedly to $63K in 2022. Over the period under review, exports recorded a perceptible slump. The growth pace was the most rapid in 2021 with an increase of 46%. As a result, the exports reached the peak of $108K, and then fell significantly in the following year.
Export of Fruit Flour in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Estonia | 58.0 | 69.0 | 105 | 47.4 | -6.5% |
Russia | N/A | N/A | N/A | 14.3 | 0% |
United States | N/A | N/A | N/A | 1.1 | 0% |
Lithuania | 6.4 | 5.0 | 3.1 | 0.1 | -75.0% |
Kazakhstan | 6.0 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 70.4 | 74.0 | 108 | 62.9 | -3.7% |
Top Export Markets for Fruit Flour from Latvia in 2022:
- Estonia (6.9 tons)
- United States (0.8 tons)
- Russia (0.8 tons)
This report provides an in-depth analysis of the fruit flour 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 624 - Flour of Fruits
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
- 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
This report provides an in-depth analysis of the fruit flour market in Latvia.
This report provides an in-depth analysis of the global fruit flour market.
This report provides an in-depth analysis of the global fruit flour market.
Global Flour And Meal Market Report 2018. This report provides an in-depth analysis of the global flour and meal market.
This report provides an in-depth analysis of the fruit flour market in Latvia.
This report provides an in-depth analysis of the global fruit flour market.
This report provides an in-depth analysis of the global fruit flour market.
Global Flour And Meal Market Report 2018. This report provides an in-depth analysis of the global flour and meal market.
In value terms, flour and malt extracts imports stood at $X in 2016. In general, flour and malt extracts imports continue to indicate a strong expansion. Global flour and malt extracts import peaked...
In value terms, flour and malt extracts exports amounted to $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total exports value increased at an average annual rate of +X>
In value terms, flour and malt extracts imports stood at $X in 2016. In general, flour and malt extracts imports continue to indicate a strong expansion. Global flour and malt extracts import peaked...
In value terms, flour and malt extracts exports amounted to $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total exports value increased at an average annual rate of +X>