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Latvia - Temporarily Preserved Vegetable - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTemporarily Preserved Vegetable Price in Latvia - 2023
Contents:
- Temporarily Preserved Vegetable Price in Latvia (CIF) - 2022
- Temporarily Preserved Vegetable Price in Latvia (FOB) - 2022
- Temporarily Preserved Vegetable Imports in Latvia
- Temporarily Preserved Vegetable Exports in Latvia
Temporarily Preserved Vegetable Price in Latvia (CIF) - 2022
In 2022, the average temporarily preserved vegetable import price amounted to $2,206 per ton, shrinking by -11.3% against the previous year. In general, the import price, however, posted strong growth. The pace of growth was the most pronounced in 2019 when the average import price increased by 70% against the previous year. Over the period under review, average import prices reached the maximum at $2,486 per ton in 2021, and then dropped in the following year.
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 Sweden ($6,794 per ton), while the price for the Netherlands ($676 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+20.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Temporarily Preserved Vegetable Price in Latvia (FOB) - 2022
In 2022, the average temporarily preserved vegetable export price amounted to $3,420 per ton, falling by -15.8% against the previous year. In general, the export price continues to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2015 an increase of 148%. As a result, the export price attained the peak level of $8,037 per ton. From 2016 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($6,878 per ton), while the average price for exports to Estonia ($1,875 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 Finland (+35.5%), while the prices for the other major destinations experienced more modest paces of growth.
Temporarily Preserved Vegetable Imports in Latvia
In 2022, purchases abroad of vegetables (temporarily preserved) decreased by -1.4% to 379 tons, falling for the second consecutive year after two years of growth. In general, imports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2020 when imports increased by 67%. As a result, imports attained the peak of 819 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, temporarily preserved vegetable imports reduced to $836K in 2022. Overall, total imports indicated perceptible growth from 2019 to 2022: its value increased at an average annual rate of +3.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -35.3% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 69%. As a result, imports attained the peak of $1.3M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Temporarily Preserved Vegetable in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 19.8 | 107 | 147 | 277 | 141.0% |
Estonia | 149 | 160 | 173 | 159 | 2.2% |
Poland | 101 | 125 | 102 | 131 | 9.1% |
Italy | 67.4 | 479 | 350 | 127 | 23.5% |
Lithuania | 54.0 | 86.3 | 38.7 | 55.2 | 0.7% |
Sweden | 48.4 | 48.8 | 49.8 | 47.5 | -0.6% |
Netherlands | 111 | 136 | 31.9 | 20.1 | -43.4% |
Spain | N/A | 138 | 23.2 | 5.9 | -79.3% |
Others | 215 | 11.3 | 39.6 | 12.5 | -61.3% |
Total | 765 | 1,291 | 955 | 836 | 3.0% |
Top Suppliers of Temporarily Preserved Vegetable to Latvia in 2022:
- Estonia (127.3 tons)
- Poland (81.5 tons)
- Germany (60.2 tons)
- Lithuania (48.6 tons)
- Netherlands (29.8 tons)
- Italy (21.2 tons)
- Sweden (7.0 tons)
- Spain (1.5 tons)
Temporarily Preserved Vegetable Exports in Latvia
In 2022, the amount of vegetables (temporarily preserved) exported from Latvia contracted notably to 33 tons, reducing by -41% against the previous year's figure. Overall, exports saw a precipitous decrease. The pace of growth was the most pronounced in 2021 with an increase of 16% against the previous year.
In value terms, temporarily preserved vegetable exports declined rapidly to $112K in 2022. Over the period under review, exports showed a sharp downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 3.5% against the previous year.
Export of Temporarily Preserved Vegetable in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 183 | 175 | 125 | 67.0 | -28.5% |
Estonia | 88.7 | 17.3 | 39.7 | 37.8 | -24.7% |
United Kingdom | N/A | N/A | 4.9 | 2.6 | -46.9% |
Czech Republic | N/A | N/A | N/A | 2.3 | 0% |
Lithuania | N/A | 1.5 | 13.4 | 1.5 | 0.0% |
Spain | 2.2 | 5.0 | 3.5 | N/A | 26.1% |
Finland | 3.9 | 17.8 | 37.4 | N/A | 209.7% |
Others | 3.8 | 1.0 | 1.3 | 0.6 | -46.0% |
Total | 282 | 217 | 225 | 112 | -26.5% |
Top Export Markets for Temporarily Preserved Vegetable from Latvia in 2022:
- Estonia (20.2 tons)
- Sweden (9.7 tons)
- United Kingdom (0.9 tons)
- Czech Republic (0.8 tons)
- Lithuania (0.8 tons)
This report provides an in-depth analysis of the temporarily preserved vegetable market in Latvia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 474 - Vegetables, Temporarily Preserved
Country coverage:
- Latvia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Latvia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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