Price for Frozen Cuts and Edible Offal of Domestic Ducks in Latvia - 2023
Contents:
- Price for Frozen Cuts and Edible Offal of Domestic Ducks in Latvia (CIF) - 2022
- Price for Frozen Cuts and Edible Offal of Domestic Ducks in Latvia (FOB) - 2022
- Imports of Frozen Cuts and Edible Offal of Domestic Ducks in Latvia
- Exports of Frozen Cuts and Edible Offal of Domestic Ducks in Latvia
Price for Frozen Cuts and Edible Offal of Domestic Ducks in Latvia (CIF) - 2022
The average import price for frozen cuts and edible offal of domestic duckses stood at $9,827 per ton in 2022, surging by 25% against the previous year. In general, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for frozen cuts and edible offal of domestic duckses increased by +35.2% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 102%. As a result, import price attained the peak level of $12,964 per ton. From 2014 to 2022, the average 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 ($12,984 per ton), while the price for the Netherlands ($6,014 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Frozen Cuts and Edible Offal of Domestic Ducks in Latvia (FOB) - 2022
The average export price for frozen cuts and edible offal of domestic duckses stood at $10,246 per ton in 2022, increasing by 11% against the previous year. Over the period under review, the export price, however, recorded a pronounced setback. The most prominent rate of growth was recorded in 2015 when the average export price increased by 90%. The export price peaked at $16,997 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($14,163 per ton), while the average price for exports to the Czech Republic ($6,925 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 (+40.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Frozen Cuts and Edible Offal of Domestic Ducks in Latvia
In 2022, approx. 111 tons of frozen cuts and edible offal of domestic duckses were imported into Latvia; jumping by 44% on the year before. Overall, imports recorded notable growth. The pace of growth appeared the most rapid in 2021 when imports increased by 44% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of frozen cuts and edible offal of domestic duckses soared to $1.1M in 2022. In general, imports showed a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Frozen Cuts and Edible Offal of Domestic Ducks in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 309 | 164 | 246 | 277 | -3.6% |
| Germany | 36.8 | 5.0 | 21.5 | 204 | 77.0% |
| Poland | 129 | 34.4 | 83.0 | 186 | 13.0% |
| Hungary | 10.1 | 2.7 | 4.7 | 173 | 157.8% |
| Lithuania | 94.3 | 56.8 | 73.8 | 109 | 4.9% |
| Estonia | 19.2 | 28.0 | 28.2 | 69.0 | 53.2% |
| Netherlands | 177 | 91.9 | 127 | 28.4 | -45.7% |
| Others | 1.7 | 4.6 | 21.6 | 44.6 | 197.1% |
| Total | 777 | 388 | 606 | 1,091 | 12.0% |
Top Suppliers of Frozen Cuts and Edible Offal of Domestic Ducks to Latvia in 2022:
- Hungary (25.7 tons)
- France (24.7 tons)
- Poland (19.1 tons)
- Germany (15.7 tons)
- Lithuania (11.6 tons)
- Estonia (5.9 tons)
- Netherlands (4.7 tons)
Exports of Frozen Cuts and Edible Offal of Domestic Ducks in Latvia
In 2022, after two years of decline, there was significant growth in shipments abroad of frozen cuts and edible offal of domestic duckses, when their volume increased by 117% to 64 tons. Overall, exports, however, saw a pronounced curtailment.
In value terms, exports of frozen cuts and edible offal of domestic duckses skyrocketed to $651K in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern.
| Export of Frozen Cuts and Edible Offal of Domestic Ducks in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 219 | 135 | 223 | 233 | 2.1% |
| Czech Republic | N/A | N/A | N/A | 168 | 0% |
| Netherlands | 321 | 145 | N/A | 141 | -24.0% |
| Estonia | 63.7 | 38.1 | 46.3 | 103 | 17.4% |
| Sweden | 60.8 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 6.9 | 0% |
| Total | 664 | 318 | 269 | 651 | -0.7% |
Top Export Markets for Frozen Cuts and Edible Offal of Domestic Ducks from Latvia in 2022:
- Czech Republic (24.2 tons)
- Lithuania (19.4 tons)
- Netherlands (10.0 tons)
- Estonia (9.4 tons)
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