Price for Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Latvia - 2024
Contents:
- Price for Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Latvia (CIF) - 2024
- Price for Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Latvia (FOB) - 2022
- Imports of Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Latvia
- Exports of Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Latvia
Price for Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Latvia (CIF) - 2024
In March 2024, the average import price for vegetable mixtures; uncooked or cooked by steaming or boiling in water, frozen amounted to $1,739 per ton, surging by 7.8% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.9%. The growth pace was the most rapid in August 2023 when the average import price increased by 16% month-to-month. Over the period under review, average import prices hit record highs in March 2024.
Average prices varied noticeably amongst the major supplying countries. In March 2024, the country with the highest price was Poland ($1,790 per ton), while the price for Belgium ($1,593 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Poland (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Latvia (FOB) - 2022
In 2022, the average export price for vegetable mixtures; uncooked or cooked by steaming or boiling in water, frozen amounted to $1,443 per ton, standing approx. at the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 8.9% against the previous year. The export price peaked at $1,468 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($1,530 per ton), while the average price for exports to Estonia stood at $1,370 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+1.2%).
Imports of Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Latvia
In 2022, imports of vegetable mixtures; uncooked or cooked by steaming or boiling in water, frozen into Latvia declined to 1.9K tons, dropping by -11% compared with 2021. Overall, imports showed a slight descent. The most prominent rate of growth was recorded in 2021 with an increase of 6.8%. As a result, imports reached the peak of 2.1K tons, and then declined in the following year.
In value terms, imports of vegetable mixtures; uncooked or cooked by steaming or boiling in water, frozen reduced to $2.2M in 2022. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 15% against the previous year. As a result, imports attained the peak of $2.5M, and then declined in the following year.
| Import of Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 699 | 824 | 1,052 | 1,111 | 16.7% |
| Lithuania | 818 | 855 | 889 | 568 | -11.4% |
| Belgium | 538 | 423 | 486 | 471 | -4.3% |
| Others | 87.2 | 47.8 | 35.4 | 49.3 | -17.3% |
| Total | 2,143 | 2,150 | 2,463 | 2,199 | 0.9% |
Top Suppliers of Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen to Latvia in 2022:
- Poland (1006.2 tons)
- Lithuania (462.2 tons)
- Belgium (359.3 tons)
Exports of Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Latvia
In 2022, approx. 326 tons of vegetable mixtures; uncooked or cooked by steaming or boiling in water, frozen were exported from Latvia; approximately mirroring the year before. The total export volume increased at an average annual rate of +4.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 14% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of vegetable mixtures; uncooked or cooked by steaming or boiling in water, frozen expanded modestly to $471K in 2022. The total export value increased at an average annual rate of +5.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 17%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 309 | 292 | 330 | 335 | 2.7% |
| Lithuania | 94.5 | 101 | 112 | 116 | 7.1% |
| Others | 0.8 | 2.1 | 20.6 | 19.4 | 189.4% |
| Total | 404 | 395 | 462 | 471 | 5.2% |
Top Export Markets for Vegetable Mixtures; Uncooked or Cooked by Steaming or Boiling in Water, Frozen from Latvia in 2022:
- Estonia (244.6 tons)
- Lithuania (76.0 tons)
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