Latvia - Lactose And Lactose Syrup - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingLactose Price in Latvia - 2023
Contents:
- Lactose Price in Latvia (FOB) - 2022
- Lactose Price in Latvia (CIF) - 2022
- Lactose Exports in Latvia
- Lactose Imports in Latvia
Lactose Price in Latvia (FOB) - 2022
In 2022, the average lactose export price amounted to $262 per ton, increasing by 303% against the previous year. In general, the export price showed a prominent increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($1,824 per ton), while the average price for exports to Poland ($17 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 Belarus (+12.5%), while the prices for the other major destinations experienced mixed trend patterns.
Lactose Price in Latvia (CIF) - 2022
In 2022, the average lactose import price amounted to $311 per ton, dropping by -17.8% against the previous year. In general, the import price faced a deep setback. The growth pace was the most rapid in 2014 an increase of 54% against the previous year. As a result, import price attained the peak level of $1,464 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
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 ($3,525 per ton), while the price for Lithuania ($251 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.4%), while the prices for the other major suppliers experienced a decline.
Lactose Exports in Latvia
Lactose exports from Latvia totaled 2.7K tons in 2022, increasing by 3.4% against the previous year's figure. Over the period under review, exports, however, saw a slight decrease. The pace of growth appeared the most rapid in 2020 with an increase of 171%. As a result, the exports attained the peak of 7.6K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, lactose exports surged to $698K in 2022. In general, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Lactose in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | N/A | 59.0 | N/A | 471 | 182.5% |
| Egypt | N/A | N/A | N/A | 137 | 0% |
| Lithuania | 199 | 535 | 128 | 55.0 | -34.9% |
| Poland | 0.6 | 13.0 | 20.4 | 27.1 | 256.1% |
| Others | 2.1 | 53.6 | 19.6 | 7.9 | 55.5% |
| Total | 202 | 660 | 168 | 698 | 51.2% |
Top Export Markets for Lactose from Latvia in 2022:
- Poland (1581.0 tons)
- Lithuania (675.2 tons)
- Belarus (335.0 tons)
- Egypt (75.0 tons)
Lactose Imports in Latvia
In 2022, supplies from abroad of lactose and lactose syrup decreased by -4.1% to 1.3K tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 357%. As a result, imports attained the peak of 2.4K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, lactose imports contracted sharply to $414K in 2022. Overall, imports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2020 when imports increased by 255% against the previous year. As a result, imports attained the peak of $1.1M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Lactose in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 210 | 623 | 390 | 324 | 15.6% |
| Germany | 66.0 | 131 | 100 | 52.0 | -7.6% |
| Poland | 0.8 | 88.1 | 30.9 | 34.5 | 250.7% |
| France | 27.1 | 213 | N/A | N/A | 686.0% |
| Others | 7.6 | 49.5 | 4.6 | 3.9 | -19.9% |
| Total | 311 | 1,105 | 525 | 414 | 10.0% |
Top Suppliers of Lactose to Latvia in 2022:
- Lithuania (1291.2 tons)
- Poland (24.4 tons)
- Germany (14.7 tons)
This report provides an in-depth analysis of the lactose 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:
- Prodcom 10515400 - Lactose and lactose syrup (including chemically pure lactose)
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
- 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 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
-
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
- 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
105
This report provides an in-depth analysis of the lactose market in Latvia.
106
This report provides an in-depth analysis of the fructose market in Latvia.
104
This report provides an in-depth analysis of the glucose market in Latvia.
85
This report provides an in-depth analysis of the maltodextrine market in Latvia.
101
This report provides an in-depth analysis of the caramel market in Latvia.
1542
This report provides an in-depth analysis of the global lactose market.
1637
This report provides an in-depth analysis of the global caramel market.
1945
This report provides an in-depth analysis of the global fructose market.
2649
This report provides an in-depth analysis of the global glucose market.
691
This report provides an in-depth analysis of the global maltodextrine market.
694
The global caramel market revenue amounted to $3.8B in 2018, picking up by 12% against the previous year. This figure refl...
88
Discover the top import markets for fructose around the globe and learn about the key countries driving the demand for this natural sweetener. Find out the latest import values and trends in the industry.
532
Global imports of fructose and fructose syrup rose by +8.6% y-o-y to 4M tons in 2020. China has extraordinarily increased fructose purchases sixfold, driving out the leading importer, Mexico, from the first to the second place in the global import ranking. Thailand, Vietnam and Myanmar remain the key suppliers of fructose to China. Outside these countries, Indonesia saw the highest growth rate in terms of supplies to China.
290
Explore the top import markets for glucose worldwide, including Germany, United States, Mexico, Netherlands, and United Kingdom. Discover key statistics and market insights provided by the IndexBox market intelligence platform.
68
Explore the top import markets for maltodextrine in 2023, including China, Germany, Netherlands, and others. Learn about key statistics and trends driving the global trade of this versatile ingredient.
455
Explore the top import markets for caramel worldwide, including China, Germany, the United States, the Netherlands, and Indonesia. Get key statistics and data from the IndexBox market intelligence platform.
694
The global caramel market revenue amounted to $3.8B in 2018, picking up by 12% against the previous year. This figure refl...
88
Discover the top import markets for fructose around the globe and learn about the key countries driving the demand for this natural sweetener. Find out the latest import values and trends in the industry.
532
Global imports of fructose and fructose syrup rose by +8.6% y-o-y to 4M tons in 2020. China has extraordinarily increased fructose purchases sixfold, driving out the leading importer, Mexico, from the first to the second place in the global import ranking. Thailand, Vietnam and Myanmar remain the key suppliers of fructose to China. Outside these countries, Indonesia saw the highest growth rate in terms of supplies to China.
290
Explore the top import markets for glucose worldwide, including Germany, United States, Mexico, Netherlands, and United Kingdom. Discover key statistics and market insights provided by the IndexBox market intelligence platform.
