Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Latvia - 2024

Contents:

  1. Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Latvia (CIF) - 2024
  2. Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Latvia (FOB) - 2024
  3. Imports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Latvia
  4. Exports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Latvia

Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Latvia (CIF) - 2024

In September 2023, the average import price for apricots, cherries, peaches (including nectarines), plums and sloes, freshes amounted to $1,037 per ton, dropping by -19.9% against the previous month. Over the period under review, the import price faced a deep reduction. The growth pace was the most rapid in May 2023 an increase of 21% m-o-m. As a result, import price attained the peak level of $3,029 per ton. From June 2023 to September 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($2,001 per ton), while the price for Ukraine ($566 per ton) was amongst the lowest.

From March 2023 to September 2023, the most notable rate of growth in terms of prices was attained by North Macedonia (-1.2%), while the prices for the other major suppliers experienced a decline.

Price for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Latvia (FOB) - 2024

The average export price for apricots, cherries, peaches (including nectarines), plums and sloes, freshes stood at $1,188 per ton in September 2023, falling by -19% against the previous month. Overall, the export price recorded a deep contraction. The most prominent rate of growth was recorded in May 2023 an increase of 21% against the previous month. As a result, the export price reached the peak level of $3,222 per ton. From June 2023 to September 2023, the the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In September 2023, the country with the highest price was Lithuania ($1,213 per ton), while the average price for exports to Estonia amounted to $1,169 per ton.

From March 2023 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (-10.4%).

Imports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Latvia

In 2022, approx. 13K tons of apricots, cherries, peaches (including nectarines), plums and sloes, freshes were imported into Latvia; increasing by 12% against 2021 figures. In general, imports, however, saw a significant curtailment.

In value terms, imports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes reduced modestly to $18M in 2022. Overall, imports, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 26%.

Import of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Latvia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece1.72.82.34.942.3%
Spain3.93.47.63.4-4.5%
Germany0.2N/AN/A1.595.7%
Lithuania1.51.81.31.4-2.3%
Netherlands1.71.41.71.3-8.6%
Italy1.40.51.81.2-5.0%
Poland0.90.90.31.210.1%
Turkey0.92.01.40.90.0%
North Macedonia0.30.30.40.944.2%
Moldova0.51.01.00.50.0%
Others14.90.50.70.5-67.7%
Total27.914.718.517.7-14.1%

Top Suppliers of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh to Latvia in 2022:

  1. Greece (3.3K tons)
  2. Poland (1.9K tons)
  3. Spain (1.5K tons)
  4. Italy (1.0K tons)
  5. Lithuania (0.9K tons)
  6. Turkey (0.8K tons)
  7. Netherlands (0.8K tons)
  8. North Macedonia (0.7K tons)
  9. Germany (0.7K tons)
  10. Moldova (0.6K tons)

Exports of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Latvia

In 2022, the amount of apricots, cherries, peaches (including nectarines), plums and sloes, freshes exported from Latvia skyrocketed to 4.3K tons, rising by 18% compared with 2021 figures. Over the period under review, exports, however, continue to indicate a drastic downturn.

In value terms, exports of apricots, cherries, peaches (including nectarines), plums and sloes, freshes contracted slightly to $6.6M in 2022. In general, exports, however, continue to indicate a drastic downturn. The growth pace was the most rapid in 2021 when exports increased by 30%.

Export of Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh in Latvia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia2.73.23.94.114.9%
Lithuania1.72.13.02.513.7%
Others4.40.1N/A0.1-71.7%
Total8.95.36.96.6-9.5%

Top Export Markets for Apricots, Cherries, Peaches (Including Nectarines), Plums and Sloes, Fresh from Latvia in 2022:

  1. Estonia (2.6K tons)
  2. Lithuania (1.7K tons)

Source: IndexBox Market Intelligence Platform

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