Price for Fruit, Edible; Apples, Dried in Latvia - 2023
Contents:
- Price for Fruit, Edible; Apples, Dried in Latvia (CIF) - 2022
- Price for Fruit, Edible; Apples, Dried in Latvia (FOB) - 2022
- Imports of Fruit, Edible; Apples, Dried in Latvia
- Exports of Fruit, Edible; Apples, Dried in Latvia
Price for Fruit, Edible; Apples, Dried in Latvia (CIF) - 2022
In 2022, the average fruit, edible; apples, dried import price amounted to $4,024 per ton, therefore, remained relatively stable against the previous year. Overall, the import price saw a pronounced shrinkage. The pace of growth was the most pronounced in 2021 an increase of 20% against the previous year. The import price peaked at $5,330 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 Moldova ($5,626 per ton), while the price for Poland ($2,654 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Moldova (+23.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Fruit, Edible; Apples, Dried in Latvia (FOB) - 2022
In 2022, the average fruit, edible; apples, dried export price amounted to $12,585 per ton, reducing by -21.1% against the previous year. In general, the export price, however, saw a strong increase. The pace of growth appeared the most rapid in 2015 when the average export price increased by 81%. Over the period under review, the average export prices attained the maximum at $16,512 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($14,601 per ton), while the average price for exports to Poland ($5,839 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 (+10.6%).
Imports of Fruit, Edible; Apples, Dried in Latvia
In 2022, purchases abroad of fruit, edible; apples, dried decreased by -11.1% to 261 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 4%. As a result, imports reached the peak of 331 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, fruit, edible; apples, dried imports shrank to $1.1M in 2022. In general, imports recorded a slight shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 6.9%. As a result, imports reached the peak of $1.2M, and then reduced in the following year.
| Import of Fruit, Edible; Apples, Dried in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 272 | 298 | 323 | 329 | 6.5% |
| Poland | 352 | 316 | 303 | 226 | -13.7% |
| Italy | 197 | 216 | 286 | 156 | -7.5% |
| Netherlands | 22.5 | 28.7 | 35.7 | 126 | 77.6% |
| China | 108 | 56.9 | 79.3 | 86.2 | -7.2% |
| Moldova | N/A | N/A | 10.9 | 42.2 | 287.2% |
| Lithuania | 50.9 | 45.3 | 41.7 | 30.6 | -15.6% |
| France | 6.5 | 16.0 | 30.0 | 26.1 | 58.9% |
| Others | 77.7 | 133 | 77.8 | 29.7 | -27.4% |
| Total | 1,087 | 1,110 | 1,187 | 1,052 | -1.1% |
Top Suppliers of Fruit, Edible; Apples, Dried to Latvia in 2022:
- Poland (85.2 tons)
- Germany (69.7 tons)
- Italy (38.5 tons)
- Netherlands (26.7 tons)
- China (19.2 tons)
- Moldova (7.5 tons)
- France (5.6 tons)
- Lithuania (5.5 tons)
Exports of Fruit, Edible; Apples, Dried in Latvia
In 2022, approx. 29 tons of fruit, edible; apples, dried were exported from Latvia; surging by 31% compared with 2021 figures. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +12.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +44.0% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, fruit, edible; apples, dried exports expanded slightly to $369K in 2022. The total export value increased at an average annual rate of +13.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 38% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Fruit, Edible; Apples, Dried in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 165 | 208 | 261 | 245 | 14.1% |
| Lithuania | 90.3 | 145 | 96.5 | 118 | 9.3% |
| Poland | N/A | N/A | N/A | 5.6 | 0% |
| Others | 0.3 | 0.2 | 0.2 | 0.2 | -12.6% |
| Total | 256 | 353 | 358 | 369 | 13.0% |
Top Export Markets for Fruit, Edible; Apples, Dried from Latvia in 2022:
- Estonia (16.8 tons)
- Lithuania (11.5 tons)
- Poland (1.0 tons)
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