Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Latvia - 2023
Contents:
- Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Latvia (FOB) - 2022
- Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Latvia (CIF) - 2022
- Exports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Latvia
- Imports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Latvia
Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Latvia (FOB) - 2022
The average export price for seeds, fruit and spores; of a kind used for sowing stood at $3,430 per ton in 2022, dropping by -5.7% against the previous year. Overall, the export price recorded a abrupt downturn. The pace of growth appeared the most rapid in 2017 when the average export price increased by 100%. The export price peaked at $15,749 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($40,606 per ton), while the average price for exports to Lithuania ($1,809 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 Denmark (+29.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Seeds, Fruit and Spores; of A Kind Used for Sowing in Latvia (CIF) - 2022
The average import price for seeds, fruit and spores; of a kind used for sowing stood at $6,051 per ton in 2022, falling by -4.8% against the previous year. In general, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.8% 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 seeds, fruit and spores; of a kind used for sowing increased by +14.3% against 2020 indices. The most prominent rate of growth was recorded in 2016 an increase of 29% against the previous year. The import price peaked at $6,354 per ton in 2021, and then fell modestly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($16,113 per ton), while the price for Denmark ($2,976 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+9.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Latvia
In 2022, exports of seeds, fruit and spores; of a kind used for sowing from Latvia skyrocketed to 2.9K tons, picking up by 39% on the previous year's figure. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 46%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of seeds, fruit and spores; of a kind used for sowing surged to $9.8M in 2022. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 68% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Seeds, Fruit and Spores; of A Kind Used for Sowing in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1.9 | 1.4 | 2.5 | 3.5 | 22.6% |
| Lithuania | 0.8 | 1.9 | 3.0 | 3.2 | 58.7% |
| Italy | 0.5 | 0.4 | 0.9 | 1.0 | 26.0% |
| Estonia | 0.4 | 0.4 | 0.5 | 0.8 | 26.0% |
| Kyrgyzstan | N/A | N/A | N/A | 0.3 | 0% |
| Denmark | 0.4 | N/A | N/A | 0.2 | -20.6% |
| Others | 0.2 | 0.5 | 0.7 | 0.8 | 58.7% |
| Total | 4.1 | 4.5 | 7.5 | 9.8 | 33.7% |
Top Export Markets for Seeds, Fruit and Spores; of A Kind Used for Sowing from Latvia in 2022:
- Lithuania (1775.5 tons)
- Italy (475.5 tons)
- Estonia (198.9 tons)
- Kyrgyzstan (98.3 tons)
- Netherlands (86.5 tons)
- Denmark (65.7 tons)
Imports of Seeds, Fruit and Spores; of A Kind Used for Sowing in Latvia
In 2022, after three years of growth, there was significant decline in overseas purchases of seeds, fruit and spores; of a kind used for sowing, when their volume decreased by -11.6% to 1.2K tons. The total import volume increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2020 when imports increased by 12% against the previous year.
In value terms, imports of seeds, fruit and spores; of a kind used for sowing dropped markedly to $7.1M in 2022. The total import value increased at an average annual rate of +5.4% 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 when imports increased by 28% against the previous year. As a result, imports attained the peak of $8.4M, and then reduced remarkably in the following year.
| Import of Seeds, Fruit and Spores; of A Kind Used for Sowing in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 2,395 | 2,448 | 2,679 | 2,156 | -3.4% |
| Netherlands | 1,105 | 1,250 | 1,681 | 1,559 | 12.2% |
| Italy | 343 | 571 | 766 | 717 | 27.9% |
| Germany | 255 | 294 | 626 | 707 | 40.5% |
| Denmark | 980 | 915 | 1,052 | 706 | -10.4% |
| Poland | 619 | 572 | 780 | 672 | 2.8% |
| Estonia | 32.5 | 26.6 | 198 | 76.5 | 33.0% |
| Others | 326 | 509 | 630 | 491 | 14.6% |
| Total | 6,056 | 6,585 | 8,413 | 7,086 | 5.4% |
Top Suppliers of Seeds, Fruit and Spores; of A Kind Used for Sowing to Latvia in 2022:
- Lithuania (319.7 tons)
- Denmark (237.3 tons)
- Germany (219.2 tons)
- Italy (184.9 tons)
- Netherlands (96.8 tons)
- Poland (71.0 tons)
- Estonia (19.9 tons)
122
This report provides an in-depth analysis of the market for tree, flower and other seeds, fruits and spores for sowing in Latvia.
2355
This report provides an in-depth analysis of the global market for tree, flower and other seeds, fruits and spores for sowing.
122
This report provides an in-depth analysis of the market for tree, flower and other seeds, fruits and spores for sowing in Latvia.
2355
This report provides an in-depth analysis of the global market for tree, flower and other seeds, fruits and spores for sowing.
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