Crispbread Price in Latvia - 2023
Contents:
- Crispbread Price in Latvia (CIF) - 2023
- Crispbread Price in Latvia (FOB) - 2023
- Crispbread Imports in Latvia
- Crispbread Exports in Latvia
Crispbread Price in Latvia (CIF) - 2023
The average crispbread import price stood at $6,188 per ton in September 2023, surging by 33% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +4.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Finland ($8,910 per ton), while the price for Russia ($3,891 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 Italy (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Crispbread Price in Latvia (FOB) - 2023
In September 2023, the average crispbread export price amounted to $4,448 per ton, dropping by -24.4% against the previous month. Overall, export price indicated a pronounced expansion from September 2022 to September 2023: its price increased at an average monthly rate of +2.2% 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, crispbread export price decreased by -24.4% against August 2023 indices. The growth pace was the most rapid in November 2022 an increase of 25% against the previous month. Over the period under review, the average export prices hit record highs at $6,458 per ton in April 2023; however, from May 2023 to September 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was Estonia ($8,051 per ton), while the average price for exports to Canada ($2,980 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.
Crispbread Imports in Latvia
In 2022, overseas purchases of crispbread decreased by -6.9% to 305 tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +2.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 31% against the previous year. As a result, imports reached the peak of 371 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, crispbread imports expanded modestly to $1.2M in 2022. The total import value increased at an average annual rate of +10.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 40%. As a result, imports reached the peak of $1.2M; afterwards, it flattened through to 2022.
| Import of Crispbread in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 287 | 335 | 329 | 459 | 16.9% |
| Lithuania | 187 | 272 | 185 | 205 | 3.1% |
| Germany | 9.2 | 60.6 | 45.7 | 172 | 165.4% |
| Sweden | 95.1 | 71.0 | 124 | 122 | 8.7% |
| Russia | 94.4 | 180 | 197 | 80.4 | -5.2% |
| Italy | 64.4 | 56.3 | 73.9 | 48.0 | -9.3% |
| Netherlands | 0.1 | N/A | 3.3 | 23.7 | 518.8% |
| Poland | 137 | 249 | 146 | 6.9 | -63.1% |
| Others | 6.0 | 10.3 | 31.0 | 56.6 | 111.3% |
| Total | 879 | 1,234 | 1,136 | 1,173 | 10.1% |
Top Suppliers of Crispbread to Latvia in 2022:
- Lithuania (72.1 tons)
- Finland (65.9 tons)
- Germany (65.4 tons)
- Sweden (40.1 tons)
- Russia (23.7 tons)
- Italy (15.5 tons)
- Netherlands (11.3 tons)
- Poland (1.5 tons)
Crispbread Exports in Latvia
In 2022, approx. 202 tons of crispbread were exported from Latvia; growing by 442% on 2021. Over the period under review, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, crispbread exports skyrocketed to $915K in 2022. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Crispbread in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 0.9 | 19.1 | 0.2 | 279 | 576.8% |
| Sweden | N/A | N/A | 2.2 | 199 | 8945.5% |
| Estonia | 39.4 | 34.5 | 36.9 | 186 | 67.8% |
| Lithuania | 105 | 83.3 | 92.4 | 131 | 7.7% |
| United States | N/A | 8.6 | 10.3 | 30.0 | 86.8% |
| Hong Kong SAR | N/A | N/A | N/A | 18.6 | 0% |
| Ukraine | N/A | N/A | N/A | 12.8 | 0% |
| Japan | 6.3 | 10.1 | 6.4 | 10.8 | 19.7% |
| New Zealand | N/A | 66.5 | N/A | N/A | 0% |
| Others | 5.5 | 101 | 52.5 | 47.7 | 105.5% |
| Total | 157 | 323 | 201 | 915 | 80.0% |
Top Export Markets for Crispbread from Latvia in 2022:
- Norway (87.3 tons)
- Estonia (33.5 tons)
- Lithuania (24.8 tons)
- Sweden (21.2 tons)
- United States (14.3 tons)
- Hong Kong SAR (4.9 tons)
- Ukraine (4.4 tons)
- Japan (4.1 tons)
66
This report provides an in-depth analysis of the market for crispbread, rusk and toasted bread in Latvia.
710
This report provides an in-depth analysis of the bread and bakery market in Latvia.
113
This report provides an in-depth analysis of the waffle and wafer market in Latvia.
111
This report provides an in-depth analysis of the market for gingerbread, sweet biscuit and waffle in Latvia.
90
This report provides an in-depth analysis of the sweet biscuit market in Latvia.
118
This report provides an in-depth analysis of the market for rusks and toasted bread in Latvia.
183
This report provides an in-depth analysis of the gingerbread market in Latvia.
110
This report provides an in-depth analysis of the market for fresh bread and miscellaneous bakery in Latvia.
98
This report provides an in-depth analysis of the market for sweet biscuit, waffle and wafer in Latvia.
762
This report provides an in-depth analysis of the global crispbread market.
368
Explore the top import markets for bread and bakery products, including the United States, United Kingdom, Germany, France, Canada, and more. Get key statistics and numbers on the global import trade.
3898
The global bread and bakery product market displayed very modest, but sustainable growth throughout the period under review, increasing from X tons in 2007, to X tons in 2016. Bread and bakery constitute staple food products, therefore their
549
The global bread market showed steady growth, rising from X million tons in 2007, to X million tons in 2015.
21027
The global bread and bakery market earned total revenues of X billion USD in 2015, representing a compound annual growth rate (CAGR) of +X% from 2007 to 2015. However, in physical terms, the market showed more modest growth, annually rising by +X
3374
Global exports have posted steady growth over the last few years, with an average annual rate of +X%. In 2015, exports on the bakery product market expanded to X thousand tons. In value terms, this was X million USD, a decline of X% less
2346
In 2015, the value of total imports for bread and bakery products stood at X billion USD. In physical terms, the total volume of bread and bakery products reached X thousand tons in 2015, X thousand tons (X%) more than the previous year.
14172
The production of bread and bakery products illustrated steady growth from 2007 to 2015. In 2015, production amounted to X million tons. In value terms, the output growth was more pronounced from 2007-2011; it then decelerated. From 2007 to 2015,
1439
Bread and bakery goods have been and continue to be staple dietary products worldwide. Accessible and nutritious, bread goes all the way back to ancient civilizations. More recently, the low cost and nutritional value of bread and baked goods have allo
2636
Germany continued its dominance in the global bread and bakery product trade. In 2014, Germany exported X million tons of bread and bakery products totaling X billion USD, X% over the previous year. Its primary trading partner was France, where i
97
Discover the top import markets for waffles and wafers, including key statistics and insights from the IndexBox market intelligence platform.
