Latvia - Apple - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingApple Price in Latvia - 2023
Contents:
- Apple Price in Latvia (CIF) - 2023
- Apple Price in Latvia (FOB) - 2023
- Apple Imports in Latvia
- Apple Exports in Latvia
Apple Price in Latvia (CIF) - 2023
In September 2023, the average apple import price amounted to $804 per ton, declining by -5.1% against the previous month. Over the period under review, import price indicated a moderate expansion from September 2022 to September 2023: its price increased at an average monthly rate of +3.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, apple import price increased by +71.4% against November 2022 indices. The most prominent rate of growth was recorded in August 2023 an increase of 19% against the previous month. As a result, import price attained the peak level of $847 per ton, and then reduced in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($1,388 per ton), while the price for Poland ($628 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 the Netherlands (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Apple Price in Latvia (FOB) - 2023
In September 2023, the average apple export price amounted to $911 per ton, falling by -9.9% against the previous month. In general, export price indicated temperate growth from September 2022 to September 2023: its price increased at an average monthly rate of +2.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, apple export price decreased by -11.9% against June 2023 indices. The pace of growth was the most pronounced in April 2023 an increase of 18% month-to-month. Over the period under review, the average export prices attained the peak figure at $1,034 per ton in June 2023; however, from July 2023 to September 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In September 2023, the country with the highest price was Estonia ($919 per ton), while the average price for exports to Lithuania stood at $889 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.
Apple Imports in Latvia
Apple imports into Latvia fell slightly to 20K tons in 2022, waning by -2.8% against 2021 figures. In general, imports continue to indicate a perceptible decrease. The pace of growth was the most pronounced in 2021 with an increase of 2.1% against the previous year.
In value terms, apple imports contracted rapidly to $11M in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 40% against the previous year. As a result, imports attained the peak of $15M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Apple in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 6.0 | 7.5 | 6.8 | 6.5 | 2.7% |
| Italy | 2.6 | 3.6 | 4.0 | 3.1 | 6.0% |
| Netherlands | 1.1 | 2.0 | 0.9 | 0.6 | -18.3% |
| Others | 0.8 | 1.6 | 0.9 | 0.5 | -14.5% |
| Total | 10.5 | 14.7 | 12.6 | 10.7 | 0.6% |
Top Suppliers of Apple to Latvia in 2022:
- Poland (15.8K tons)
- Italy (2.8K tons)
- Netherlands (0.6K tons)
Apple Exports in Latvia
In 2022, shipments abroad of apples decreased by -7.4% to 4.3K tons, falling for the second year in a row after two years of growth. In general, exports saw a abrupt contraction. The pace of growth was the most pronounced in 2020 with an increase of 4.6%. As a result, the exports attained the peak of 6.5K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, apple exports fell sharply to $3.3M in 2022. Overall, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 43%. As a result, the exports attained the peak of $4.8M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Apple in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 2.1 | 3.0 | 2.9 | 2.4 | 4.6% |
| Lithuania | 1.0 | 1.8 | 1.1 | 1.0 | 0.0% |
| Kazakhstan | 0.2 | N/A | N/A | N/A | 0% |
| Poland | 0.1 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.4 | 4.8 | 4.0 | 3.3 | -1.0% |
Top Export Markets for Apple from Latvia in 2022:
- Poland (undefinedK tons)
- Estonia (2.9K tons)
- Lithuania (1.3K tons)
This report provides an in-depth analysis of the apple 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 515 - Apples
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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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
-
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
-
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
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
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, HARVESTED AREA AND YIELD
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
-
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
-
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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
589
This report provides an in-depth analysis of the apple market in Latvia.
546
This report provides an in-depth analysis of the fruit market in Latvia.
153
This report provides an in-depth analysis of the fruit and berry market in Latvia.
514
This report provides an in-depth analysis of the pear market in Latvia.
405
This report provides an in-depth analysis of the quince market in Latvia.
93
This report provides an in-depth analysis of the pears and quinces market in Latvia.
10812
This report provides an in-depth analysis of the global apple market.
5391
This report provides an in-depth analysis of the global fruit market.
1015
This report provides an in-depth analysis of the global fruit and berry market.
3127
This report provides an in-depth analysis of the global pear market.
490
The global apple market is forecast to reach $115M by 2030, growing at a CAGR of 3.5% during the period 2022-2030.
1084
The global apple market was finally on the rise to reach $78.8B in 2019. Global consumption peaked in 2019 but its further growth might be hampered by the pandemic.
758
The global apple market revenue amounted to $85B in 2018, increasing by 24% against the previous year. This figure...
2032
In 2016, the apple market grew to X tons, which was by X tons (or X%) more than the year before. Overall, there was an upward trend of apple consumption; the average annual growth rate was at +X% per year, over the last nine years. In whol
7161
Global apple consumption amounted to X thousand tons in 2015, ascending by +X% against the previous year level.
1247
Global apple exports amounted to X thousand tons in 2015, jumping by +X% against the previous year level.
1506
The U.S. continued its dominance in the global apple trade. In 2014, the U.S. exported X thousand tons of apples totaling X million USD, X% under the previous year. Its primary trading partner was Mexico, where it supplied X% of its total appl
383
Fruit is a globally cherished commodity, enjoyed by people of all ages and cultures. The demand for fresh and exotic fruits continues to grow, making it an attractive market for exporters. In this article, we will explore the top import markets for fruits worldwide in terms of import value, based on data from the IndexBox market intelligence platform.
1994
The global fruit market is forecast to reach $1.5 trillion by 2025, driven by rising consumer demand for healthy and convenient foods.
789
In value terms, flowers, foliage and fruit, artificial, and parts thereof; artic imports totaled $X in 2016. In general, flowers, foliage and fruit, artificial, and parts thereof; artic imports con...
