![Latvia - Evaporated And Condensed Milk - Market Analysis, Forecast, Size, Trends and Insights](/landing/img/reports/latvia-evaporated-and-condensed-milk-market-analysis-forecast-size-trends-and-insights.webp)
Latvia - Evaporated And Condensed Milk - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Evaporated and Condensed Milk in Latvia - 2023
Contents:
- Price for Evaporated and Condensed Milk in Latvia (CIF) - 2023
- Price for Evaporated and Condensed Milk in Latvia (FOB) - 2023
- Imports of Evaporated and Condensed Milk in Latvia
- Exports of Evaporated and Condensed Milk in Latvia
Price for Evaporated and Condensed Milk in Latvia (CIF) - 2023
In September 2023, the average evaporated and condensed milk import price amounted to $2,827 per ton, remaining relatively unchanged against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +2.0%. The growth pace was the most rapid in November 2022 an increase of 34% m-o-m. The import price peaked at $3,259 per ton in February 2023; however, from March 2023 to September 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the countries with the highest prices were Estonia ($3,592 per ton) and Poland ($3,411 per ton), while the price for Germany ($2,518 per ton) and the Netherlands ($2,535 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Evaporated and Condensed Milk in Latvia (FOB) - 2023
The average evaporated and condensed milk export price stood at $1,906 per ton in September 2023, surging by 11% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 16% month-to-month. The export price peaked at $2,046 per ton in December 2022; however, from January 2023 to September 2023, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In September 2023, the country with the highest price was Estonia ($1,959 per ton), while the average price for exports to Lithuania totaled $1,658 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Evaporated and Condensed Milk in Latvia
In 2022, supplies from abroad of evaporated and condensed milk decreased by -16.6% to 1.6K tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a slight setback. The pace of growth was the most pronounced in 2020 with an increase of 19%. As a result, imports attained the peak of 2K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, evaporated and condensed milk imports contracted to $3.7M in 2022. The total import value increased at an average annual rate of +6.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 23%.
Import of Evaporated and Condensed Milk in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lithuania | 2,083 | 2,675 | 2,459 | 1,993 | -1.5% |
Germany | 373 | 201 | 59.8 | 807 | 29.3% |
Estonia | 464 | 442 | 773 | 540 | 5.2% |
Netherlands | 63.8 | 348 | 457 | 211 | 49.0% |
Poland | 18.8 | 40.3 | 82.0 | 124 | 87.5% |
Others | 5.7 | 8.2 | 6.8 | 2.5 | -24.0% |
Total | 3,009 | 3,714 | 3,837 | 3,677 | 6.9% |
Top Suppliers of Evaporated and Condensed Milk to Latvia in 2022:
- Lithuania (809.0 tons)
- Germany (425.0 tons)
- Estonia (218.6 tons)
- Netherlands (130.5 tons)
- Poland (45.5 tons)
Exports of Evaporated and Condensed Milk in Latvia
In 2022, exports of evaporated and condensed milk from Latvia soared to 936 tons, growing by 40% on 2021. The total export volume increased at an average annual rate of +12.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, evaporated and condensed milk exports skyrocketed to $1.6M in 2022. Over the period under review, exports recorded a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Evaporated and Condensed Milk in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lithuania | 447 | 835 | 516 | 788 | 20.8% |
Estonia | 985 | 670 | 594 | 753 | -8.6% |
Czech Republic | 1.2 | 1.3 | 0.2 | 46.2 | 237.7% |
France | 118 | N/A | N/A | N/A | 0% |
Others | 66.1 | 53.2 | 66.9 | 56.0 | -5.4% |
Total | 1,617 | 1,559 | 1,177 | 1,643 | 0.5% |
Top Export Markets for Evaporated and Condensed Milk from Latvia in 2022:
- Lithuania (465.6 tons)
- Estonia (428.0 tons)
- Czech Republic (21.1 tons)
This report provides an in-depth analysis of the market for evaporated and condensed milk 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 889 - Whole Milk, Condensed
- FCL 894 - Whole Milk, Evaporated
- FCL 895 - Skim Milk, Evaporated
- FCL 896 - Skim Milk, Condensed
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.
-
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
-
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
-
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
-
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
-
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, PRODUCING ANIMALS 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
-
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
-
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
- Producing Animals Slaughtered, 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 market for evaporated and condensed milk in Latvia.
This report provides an in-depth analysis of the market for powdered, condensed or evaporated milk in Latvia.
This report provides an in-depth analysis of the market for sweetened condensed and evaporated milk in Latvia.
This report provides an in-depth analysis of the market for unsweetened condensed and evaporated milk in Latvia.
This report provides an in-depth analysis of the powdered milk market in Latvia.
This report provides an in-depth analysis of the skim powdered milk market in Latvia.
This report provides an in-depth analysis of the market for powdered, evaporated and condensed milk in Latvia.
This report provides an in-depth analysis of the whole powdered milk market in Latvia.
This report provides an in-depth analysis of the global market for evaporated and condensed milk.
This report provides an in-depth analysis of the global market for powdered, condensed or evaporated milk.
New Zealand seized control of the market for evaporated and condensed milk. In 2014, New Zealand exported X thousand tons of evaporated and condensed milk totaling X million USD, X% over the previous year. Its primary trading partner was Chin
Germany dominates in the global skimmed milk trade. In 2014, Germany exported X thousand tons of skimmed milk totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total skimmed mi
Explore the top import markets for powdered milk and discover key statistics and numbers showcasing the global trade in this sector. China, Algeria, Indonesia, Mexico, United Arab Emirates, Philippines, Netherlands, Malaysia, Belgium, and Thailand are the leading countries in the import value of powdered milk.
Explore the world's best import markets for skim powdered milk and understand the key statistics and trends in the industry.
Explore the top import markets for powdered, evaporated, and condensed milk in the world. Learn about the countries with the highest import values and key statistics. Find out how IndexBox market intelligence platform provides valuable insights.
Discover the top 10 countries with the highest import values for whole powdered milk in 2023. Learn about the trends and factors driving the demand for this dairy product in key markets.
New Zealand seized control of the market for evaporated and condensed milk. In 2014, New Zealand exported X thousand tons of evaporated and condensed milk totaling X million USD, X% over the previous year. Its primary trading partner was Chin
Germany dominates in the global skimmed milk trade. In 2014, Germany exported X thousand tons of skimmed milk totaling X million USD, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total skimmed mi
Explore the top import markets for powdered milk and discover key statistics and numbers showcasing the global trade in this sector. China, Algeria, Indonesia, Mexico, United Arab Emirates, Philippines, Netherlands, Malaysia, Belgium, and Thailand are the leading countries in the import value of powdered milk.
Explore the world's best import markets for skim powdered milk and understand the key statistics and trends in the industry.