Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Latvia - 2023
Contents:
- Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Latvia (FOB) - 2022
- Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Latvia (CIF) - 2022
- Exports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Latvia
- Imports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Latvia
Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Latvia (FOB) - 2022
In 2022, the average export price for fresh or chilled lamb carcasses and half-carcasseses amounted to $8,211 per ton, with an increase of 1.6% against the previous year. In general, the export price, however, saw a noticeable descent. The most prominent rate of growth was recorded in 2014 when the average export price increased by 31%. The export price peaked at $10,933 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Finland.
From 2012 to 2022, the rate of growth in terms of prices for Finland amounted to +4.3% per year.
Price for Fresh or Chilled Lamb Carcasses and Half-Carcasses in Latvia (CIF) - 2022
In 2022, the average import price for fresh or chilled lamb carcasses and half-carcasseses amounted to $10,655 per ton, dropping by -18.3% against the previous year. In general, the import price recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 when the average import price increased by 61% against the previous year. Over the period under review, average import prices attained the maximum at $27,563 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($16,074 per ton), while the price for the Netherlands ($7,658 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+11.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Latvia
In 2022, after three years of growth, there was decline in shipments abroad of fresh or chilled lamb carcasses and half-carcasseses, when their volume decreased by -3.5% to 125 tons. In general, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +25.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +98.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 86%.
In value terms, exports of fresh or chilled lamb carcasses and half-carcasseses reduced slightly to $1M in 2022. Overall, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 102% against the previous year.
| Export of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 353 | 812 | 1,030 | 1,024 | 42.6% |
| Sweden | 41.5 | N/A | 15.2 | N/A | -39.5% |
| Others | 7.4 | 0.9 | N/A | N/A | -87.8% |
| Total | 402 | 813 | 1,045 | 1,024 | 36.6% |
Top Export Markets for Fresh or Chilled Lamb Carcasses and Half-Carcasses from Latvia in 2022:
- Finland (124.7 tons)
Imports of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Latvia
In 2022, imports of fresh or chilled lamb carcasses and half-carcasseses into Latvia surged to 6.6 tons, picking up by 47% on the previous year's figure. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +6.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.8% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of fresh or chilled lamb carcasses and half-carcasseses surged to $70K in 2022. In general, imports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 90% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Fresh or Chilled Lamb Carcasses and Half-Carcasses in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.4 | 2.4 | 31.2 | 30.3 | 67.9% |
| Lithuania | 23.1 | 18.1 | 13.8 | 27.6 | 6.1% |
| Netherlands | 15.5 | 10.4 | 13.7 | 12.6 | -6.7% |
| Others | 1.9 | N/A | N/A | N/A | 0% |
| Total | 46.9 | 31.0 | 58.8 | 70.4 | 14.5% |
Top Suppliers of Fresh or Chilled Lamb Carcasses and Half-Carcasses to Latvia in 2022:
- Lithuania (3.1 tons)
- Germany (1.9 tons)
- Netherlands (1.6 tons)
83
This report provides an in-depth analysis of the market for lamb and sheep meat in Latvia.
155
This report provides an in-depth analysis of the goat meat market in Latvia.
475
This report provides an in-depth analysis of the market for sheep and goat meat in Latvia.
4312
This report provides an in-depth analysis of the global market for lamb and sheep meat.
443
Global Fresh Lamb Carcase Market Report 2018. This report provides an in-depth analysis of the global fresh lamb carcase market.
10229
This report provides an in-depth analysis of the global goat meat market.
551
Global Frozen Lamb Carcase Market Report 2018. This report provides an in-depth analysis of the global frozen lamb carcase market.
2911
This report provides an in-depth analysis of the global market for sheep and goat meat.
83
This report provides an in-depth analysis of the market for lamb and sheep meat in Latvia.
155
This report provides an in-depth analysis of the goat meat market in Latvia.
898
Explore the top import markets for lamb and sheep meat and discover key statistics and numbers. China, the United States, France, Germany, and more are highlighted as major players in this thriving global market.
16214
Global lamb and sheep meat consumption amounted to X thousand tons in 2015, remaining stable against the previous year level.
2500
In 2015, the country with the largest volume of the lamb and sheep meat output was China (X thousand tons), accounting for X% of global production.
1440
New Zealand continued its dominance in the global lamb and sheep meat trade. In 2014, New Zealand exported X thousand tons of lamb and sheep meat totaling X million USD, X% over the previous year. Its primary trading partner was China, where i
7655
Global goat meat consumption amounted to X thousand tons in 2015, leveling off at the previous year level.
4808
Global goat meat market production was estimated at X thousand tons in 2015, which was X thousand tons more than in 2014. There was an annual increase of +X% in physical terms and +X% in value terms for the period from 2007 to 2015. In v
2464
From 2007 to 2015, exports on the global goat meat market decreased to X million USD. In physical terms, they stood at X thousand tons in 2015, X thousand tons down on the previous year.
7297
In 2015, the value of total imports on the global goat meat market stood at X million USD. In physical terms, the total volume of goat meat decreased to X thousand tons in 2015, X thousand tons (X%) less than the previous year.
27402
The global goat meat market had total revenues of X million USD in 2015, representing a compound annual growth rate (CAGR) of +X% from 2007 to 2015. In physical terms, the market showed an increase of +X% over the period under review. Finall
4168
Despite the fall of global prices on the meat products market, due to weakening demand from both oil-exporting and developing countries, the goat meat price, in contrast, has peaked. The relatively nascent international trade in goat meat is the reason
