Latvia - Green Beans - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGreen Bean Price in Latvia - 2023
Contents:
- Green Bean Price in Latvia (FOB) - 2022
- Green Bean Price in Latvia (CIF) - 2023
- Green Bean Exports in Latvia
- Green Bean Imports in Latvia
Green Bean Price in Latvia (FOB) - 2022
The average green bean export price stood at $2,659 per ton in 2022, dropping by -61% against the previous year. In general, the export price, however, continues to indicate resilient growth. The pace of growth appeared the most rapid in 2017 when the average export price increased by 74% against the previous year. Over the period under review, the average export prices reached the maximum at $6,822 per ton in 2021, and then reduced rapidly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($7,417 per ton), while the average price for exports to Norway ($2,548 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 Estonia (+16.6%), while the prices for the other major destinations experienced mixed trend patterns.
Green Bean Price in Latvia (CIF) - 2023
In September 2023, the average green bean import price amounted to $2,980 per ton, jumping by 36% against the previous month. Over the period under review, the import price enjoyed a strong increase. The growth pace was the most rapid in March 2023 when the average import price increased by 118% m-o-m. The import price peaked at $7,035 per ton in January 2023; however, from February 2023 to September 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was the Netherlands ($9,136 per ton), while the price for Poland ($2,321 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 (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Green Bean Exports in Latvia
In 2022, shipments abroad of green beans was finally on the rise to reach 149 tons after two years of decline. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, green bean exports skyrocketed to $396K in 2022. In general, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Green Bean in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Norway | 0.2 | 0.1 | 0.1 | 371 | 1128.7% |
Lithuania | 102 | 87.3 | 66.0 | 21.0 | -41.0% |
Estonia | 50.1 | 62.6 | 56.9 | 4.4 | -55.6% |
Others | 1.4 | N/A | N/A | N/A | 0% |
Total | 154 | 150 | 123 | 396 | 37.0% |
Top Export Markets for Green Bean from Latvia in 2022:
- Norway (145.4 tons)
- Lithuania (2.8 tons)
- Estonia (0.6 tons)
Green Bean Imports in Latvia
After three years of growth, overseas purchases of green beans decreased by -87.5% to 84 tons in 2022. In general, imports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 835% against the previous year. As a result, imports reached the peak of 673 tons, and then fell remarkably in the following year.
In value terms, green bean imports fell rapidly to $200K in 2022. Overall, imports saw a mild slump. The most prominent rate of growth was recorded in 2021 when imports increased by 78%. As a result, imports reached the peak of $515K, and then fell rapidly in the following year.
Import of Green Bean in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 21.8 | 63.2 | 35.8 | 87.7 | 59.0% |
Lithuania | 3.1 | 1.4 | 1.9 | 70.9 | 183.9% |
Netherlands | 182 | 220 | 199 | 27.5 | -46.7% |
Germany | 0.1 | N/A | N/A | 10.9 | 377.7% |
Estonia | 4.3 | N/A | 269 | N/A | 690.9% |
Others | N/A | 5.6 | 9.9 | 3.3 | -23.2% |
Total | 211 | 290 | 515 | 200 | -1.8% |
Top Suppliers of Green Bean to Latvia in 2022:
- Poland (50.4 tons)
- Lithuania (20.2 tons)
- Netherlands (8.7 tons)
- Germany (3.3 tons)
This report provides an in-depth analysis of the green bean 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 414 - Beans, green
- FCL 423 - String Beans
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
- 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 green bean market in Latvia.
This report provides an in-depth analysis of the green peas market in Latvia.
This report provides an in-depth analysis of the global green bean market.
This report provides an in-depth analysis of the global green peas market.
This report provides an in-depth analysis of the green bean market in Latvia.
This report provides an in-depth analysis of the green peas market in Latvia.
This report provides an in-depth analysis of the global green bean market.
This report provides an in-depth analysis of the global green peas market.
Global green bean market is expected to show steady growth over the next seven years, with a forecasted increase in volume and value. Key market trends, consumption patterns, production statistics, import and export data, and price fluctuations are analyzed in detail.
The global green bean market was estimated at $31.1B in 2019, surging by 4.7% against the previous year. This figure...
Global green bean consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.
Global green bean exports amounted to X thousand tons in 2015, declining by -X% against the previous year level.
Global green bean imports amounted to X thousand tons in 2015, coming down by -X% against the previous year level.
In 2015, the country with the largest volume of the green bean output was China (X thousand tons), accounting for X% of global production.
France continued its dominance of the global green bean trade. In 2014, France exported X thousand tons of green beans totaling X million USD, X% over the previous year. Its primary trading partner was Italy, where it supplied X% of its total bea
Global green peas consumption amounted to X thousand tons in 2015, jumping by +X% against the previous year level.
Global green peas exports amounted to X thousand tons in 2015, remaining stable against the previous year level.
Global green peas imports amounted to X thousand tons in 2015, waning by -X% against the previous year level.