Clementines Price in Latvia - 2023
Contents:
- Clementines Price in Latvia (CIF) - 2022
- Clementines Price in Latvia (FOB) - 2022
- Clementines Imports in Latvia
- Clementines Exports in Latvia
Clementines Price in Latvia (CIF) - 2022
In 2022, the average clementines import price amounted to $991 per ton, growing by 5.5% against the previous year. Over the period from 2017 to 2022, it increased at an average annual rate of +3.4%. The growth pace was the most rapid in 2019 an increase of 6.2%. The import price peaked in 2022 and is expected to retain growth in years to come.
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 Germany ($1,309 per ton), while the price for Albania ($807 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Clementines Price in Latvia (FOB) - 2022
In 2022, the average clementines export price amounted to $1,093 per ton, growing by 2.1% against the previous year. Over the period from 2017 to 2022, it increased at an average annual rate of +3.7%. The growth pace was the most rapid in 2021 an increase of 14%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($1,128 per ton), while the average price for exports to Lithuania amounted to $1,037 per ton.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+9.6%), while the prices for the other major destinations experienced mixed trend patterns.
Clementines Imports in Latvia
In 2022, the amount of fruit, edible imported into Latvia soared to 7.1K tons, jumping by 15% on the previous year. The total import volume increased at an average annual rate of +5.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, clementines imports surged to $7M in 2022. The total import value increased at an average annual rate of +7.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Clementines in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.8 | 4.8 | 23.7 | 1,726 | 611.1% |
| Netherlands | 213 | 164 | 678 | 1,342 | 84.7% |
| Greece | 115 | 699 | 242 | 1,306 | 124.8% |
| Italy | 600 | 623 | 737 | 766 | 8.5% |
| Albania | N/A | N/A | N/A | 546 | 0% |
| Morocco | N/A | N/A | 281 | 509 | 81.1% |
| Spain | 4,532 | 3,668 | 3,563 | 390 | -55.9% |
| Others | 128 | 178 | 230 | 412 | 47.6% |
| Total | 5,592 | 5,338 | 5,754 | 6,997 | 7.8% |
Top Suppliers of Clementines to Latvia in 2022:
- Greece (1461.7 tons)
- Netherlands (1399.1 tons)
- Germany (1318.3 tons)
- Italy (884.5 tons)
- Albania (676.4 tons)
- Morocco (577.2 tons)
- Spain (310.2 tons)
Clementines Exports in Latvia
In 2022, the amount of fruit, edible exported from Latvia surged to 1.9K tons, picking up by 18% compared with the previous year. Over the period under review, exports recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 132% against the previous year. As a result, the exports attained the peak of 2K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, clementines exports surged to $2.1M in 2022. In general, exports enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 119%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Clementines in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 10.5 | 7.5 | 1.5 | 1,429 | 414.4% |
| Lithuania | 675 | 1,874 | 1,455 | 622 | -2.7% |
| Italy | 178 | 14.2 | 250 | N/A | 18.5% |
| Others | 1.5 | 0.1 | 3.7 | 14.6 | 113.5% |
| Total | 865 | 1,895 | 1,711 | 2,066 | 33.7% |
Top Export Markets for Clementines from Latvia in 2022:
- Estonia (1267.5 tons)
- Lithuania (599.4 tons)
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