Latvia - Hen Eggs - Market Analysis, Forecast, Size, Trends and Insights
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View PricingChicken Egg Price in Latvia - 2023
Contents:
- Chicken Egg Price in Latvia (FOB) - 2023
- Chicken Egg Price in Latvia (CIF) - 2023
- Chicken Egg Exports in Latvia
- Chicken Egg Imports in Latvia
Chicken Egg Price in Latvia (FOB) - 2023
In October 2023, the average chicken egg export price amounted to $2,270 per ton, waning by -3.3% against the previous month. In general, export price indicated slight growth from October 2022 to October 2023: its price increased at an average monthly rate of +1.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, chicken egg export price decreased by -3.3% against September 2023 indices. The most prominent rate of growth was recorded in March 2023 an increase of 80% m-o-m. As a result, the export price reached the peak level of $2,718 per ton. From April 2023 to October 2023, the the average export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In October 2023, the countries with the highest prices were Estonia ($2,536 per ton) and Poland ($2,463 per ton), while the average price for exports to Germany ($1,715 per ton) and France ($1,785 per ton) were amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.
Chicken Egg Price in Latvia (CIF) - 2023
The average chicken egg import price stood at $1,867 per ton in October 2023, declining by -6.5% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 11% against the previous month. The import price peaked at $2,110 per ton in April 2023; however, from May 2023 to October 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Poland ($3,323 per ton), while the price for Finland ($958 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Lithuania (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Chicken Egg Exports in Latvia
In 2022, approx. 37K tons of chicken eggs were exported from Latvia; jumping by 63% compared with 2021 figures. Over the period under review, exports posted a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, chicken egg exports surged to $65M in 2022. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Chicken Egg in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 10.5 | 11.1 | 10.3 | 20.4 | 24.8% |
| Estonia | 6.5 | 6.7 | 5.9 | 10.8 | 18.4% |
| Czech Republic | 5.6 | 6.1 | 6.3 | 10.0 | 21.3% |
| Poland | 0.3 | 1.0 | 4.6 | 6.9 | 184.4% |
| Netherlands | 0.7 | N/A | 0.2 | 5.4 | 97.6% |
| Italy | 0.6 | N/A | N/A | 4.2 | 91.3% |
| Germany | 0.5 | 0.5 | 1.5 | 3.8 | 96.6% |
| Afghanistan | 2.0 | 1.5 | 0.3 | N/A | -61.3% |
| Others | 1.1 | 1.0 | 1.8 | 3.5 | 47.1% |
| Total | 27.6 | 28.1 | 31.0 | 65.1 | 33.1% |
Top Export Markets for Chicken Egg from Latvia in 2022:
- Lithuania (12.6K tons)
- Estonia (5.7K tons)
- Czech Republic (5.0K tons)
- Poland (3.5K tons)
- Netherlands (3.2K tons)
- Italy (2.5K tons)
- Germany (2.4K tons)
Chicken Egg Imports in Latvia
In 2022, the amount of chicken eggs imported into Latvia soared to 19K tons, increasing by 70% against the previous year. In general, imports enjoyed a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, chicken egg imports soared to $32M in 2022. Overall, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Chicken Egg in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 7.1 | 5.3 | 9.4 | 21.0 | 43.5% |
| Ukraine | 3.4 | 3.7 | 2.8 | 6.7 | 25.4% |
| Poland | 1.9 | 1.8 | 1.2 | 2.8 | 13.8% |
| Finland | 1.1 | 1.1 | 1.4 | 1.1 | 0.0% |
| Estonia | 0.3 | 0.3 | 0.5 | 0.3 | 0.0% |
| Others | 0.3 | N/A | 0.2 | N/A | -18.4% |
| Total | 14.2 | 12.2 | 15.5 | 32.1 | 31.2% |
Top Suppliers of Chicken Egg to Latvia in 2022:
- Lithuania (12.9K tons)
- Ukraine (4.2K tons)
- Poland (1.2K tons)
- Finland (0.7K tons)
- Estonia (0.2K tons)
This report provides an in-depth analysis of the chicken egg 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 1062 - Hen eggs
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
-
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
- COUNTRIES WITH TOP YIELDS
- 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, PRODUCING ANIMALS 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
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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
- 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
- Producing Animals Slaughtered, 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
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Explore the top import markets for chicken egg and the key players in the global industry. Learn about the import values of countries like Germany, Netherlands, and Hong Kong SAR.
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The global chicken egg market continues to expand and is forecast to reach 138M tons by 2030 thanks to an increase in demand, driven by population growth. During the pandemic, sales to the HoReCa sector crashed, however, this was offset by heightened demand from the retail market. With a 50% global market share, China remains the absolute leader in egg consumption. The diminishing use of preventative antibiotics within livestock emerges as a market trend. This potentially causes the safer form of medication, immunotherapy, to become an attractive sector for investments.
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