Price for Grapes; Fresh or Dried in Latvia - 2023
Contents:
- Price for Grapes; Fresh or Dried in Latvia (CIF) - 2023
- Price for Grapes; Fresh or Dried in Latvia (FOB) - 2023
- Imports of Grapes; Fresh or Dried in Latvia
- Exports of Grapes; Fresh or Dried in Latvia
Price for Grapes; Fresh or Dried in Latvia (CIF) - 2023
The average grapes; fresh or dried import price stood at $1,380 per ton in September 2023, leveling off at the previous month. Over the period under review, the import price enjoyed a measured increase. The pace of growth appeared the most rapid in December 2022 an increase of 51% m-o-m. Over the period under review, average import prices reached the peak figure at $2,291 per ton in February 2023; however, from March 2023 to September 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Chile ($3,782 per ton), while the price for Turkey ($903 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Lithuania (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Grapes; Fresh or Dried in Latvia (FOB) - 2023
In September 2023, the average grapes; fresh or dried export price amounted to $1,614 per ton, shrinking by -11.5% against the previous month. Over the period under review, export price indicated modest growth from September 2022 to September 2023: its price increased at an average monthly rate of +1.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, grapes; fresh or dried export price decreased by -37.8% against March 2023 indices. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 70% month-to-month. Over the period under review, the average export prices reached the maximum at $2,596 per ton in March 2023; however, from April 2023 to September 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In September 2023, the country with the highest price was Lithuania ($1,658 per ton), while the average price for exports to Estonia amounted to $1,593 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+2.5%).
Imports of Grapes; Fresh or Dried in Latvia
In 2022, the amount of grapes; fresh or drieds imported into Latvia shrank to 13K tons, reducing by -11.5% on 2021. The total import volume increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year. As a result, imports reached the peak of 15K tons, and then shrank in the following year.
In value terms, grapes; fresh or dried imports contracted to $20M in 2022. The total import value increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. As a result, imports attained the peak of $21M, and then dropped in the following year.
| Import of Grapes; Fresh or Dried in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 3.7 | 3.9 | 4.8 | 5.1 | 11.3% |
| Lithuania | 1.5 | 1.6 | 2.7 | 2.8 | 23.1% |
| Turkey | 2.7 | 3.2 | 4.4 | 2.7 | 0.0% |
| Italy | 2.6 | 2.7 | 3.2 | 2.3 | -4.0% |
| India | 1.3 | 0.6 | 0.7 | 1.5 | 4.9% |
| Moldova | 0.7 | 0.5 | 0.7 | 1.2 | 19.7% |
| Uzbekistan | 2.6 | 1.1 | 0.7 | 1.1 | -24.9% |
| North Macedonia | 0.5 | 0.7 | 0.9 | 0.8 | 17.0% |
| Spain | 0.6 | 0.6 | 0.7 | 0.3 | -20.6% |
| Others | 1.3 | 1.8 | 2.6 | 2.1 | 17.3% |
| Total | 17.4 | 16.7 | 21.5 | 19.9 | 4.6% |
Top Suppliers of Grapes; Fresh or Dried to Latvia in 2022:
- Turkey (2.8K tons)
- Netherlands (2.1K tons)
- Italy (1.8K tons)
- Moldova (1.5K tons)
- Lithuania (1.3K tons)
- North Macedonia (0.9K tons)
- India (0.8K tons)
- Uzbekistan (0.8K tons)
- Spain (0.1K tons)
Exports of Grapes; Fresh or Dried in Latvia
In 2022, exports of grapes; fresh or drieds from Latvia fell to 6.1K tons, with a decrease of -10.3% on the year before. The total export volume increased at an average annual rate of +4.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 33%. As a result, the exports attained the peak of 6.7K tons, and then reduced in the following year.
In value terms, grapes; fresh or dried exports reduced to $11M in 2022. The total export value increased at an average annual rate of +6.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 44%. As a result, the exports attained the peak of $12M, and then fell in the following year.
| Export of Grapes; Fresh or Dried in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 4.3 | 4.6 | 6.2 | 6.5 | 14.8% |
| Lithuania | 3.4 | 3.1 | 4.4 | 3.7 | 2.9% |
| Poland | 0.6 | N/A | 0.9 | 0.2 | -30.7% |
| Germany | 0.2 | 0.2 | N/A | N/A | 0.0% |
| Others | 0.4 | 0.3 | 0.5 | 0.1 | -37.0% |
| Total | 8.9 | 8.3 | 12.0 | 10.6 | 6.0% |
Top Export Markets for Grapes; Fresh or Dried from Latvia in 2022:
- Estonia (3.8K tons)
- Lithuania (2.0K tons)
- Poland (0.2K tons)
91
This report provides an in-depth analysis of the dried grapes market in Latvia.
164
This report provides an in-depth analysis of the grape market in Latvia.
1312
This report provides an in-depth analysis of the global dried grapes market.
6189
This report provides an in-depth analysis of the global grape market.
91
This report provides an in-depth analysis of the dried grapes market in Latvia.
164
This report provides an in-depth analysis of the grape market in Latvia.
1312
This report provides an in-depth analysis of the global dried grapes market.
6189
This report provides an in-depth analysis of the global grape market.
1024
Last year, global dried grapes exports declined by -8.9% y-o-y to 766K tons or $1.6B in value terms. South Africa intensively increased its supplies to other counties by +37%, while Turkey, the largest exporter of dried grapes, saw a drop of -3.2% y-o-y in the volume of exports. Germany, the UK and Canada remain the largest importers of dried grapes from South Africa.
1585
The UK (99K tons), Germany (77K tons) and the Netherlands (55K tons) represented roughly 31% of total imports of dried grapes.
315
Discover the top import markets for grapes, including the United States, Netherlands, Germany, and more. Learn about the key statistics and trends in the global grape market.
1493
Increased grape production in China buoyed the global market against a fall in the grape crop in India, the EU and Russia, which enables the global production in 2020 to remain consistent with 2019 data. The export potential of Chinese and Australian grapes has improved due to the progress achieved in cultivation methods and the use of particularly fertile varieties of grape.
2935
China recorded the highest growth rate of grape market, in terms of the main consuming countries over the last decade....
5331
Global grape consumption amounted to X thousand tons in 2015, ascending by +X% against the previous year level.
1270
Global grape exports amounted to X thousand tons in 2015, rising by +X% against the previous year level.
4275
Global grape imports amounted to X thousand tons in 2015, surging by +X% against the previous year level.
2717
In 2015, the countries with the highest levels of grape production were China (X thousand tons), the United States (X thousand tons), Italy (X thousand tons), together accounting for X% of total output.
1480
Chile continued its dominance in the global grape trade. In 2014, Chile exported X thousand tons of grape totaling X USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X% of its total grape exports in
