Latvia - Lettuce And Chicory - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLettuce and Chicory Price in Latvia - 2023
Contents:
- Lettuce and Chicory Price in Latvia (CIF) - 2023
- Lettuce and Chicory Price in Latvia (FOB) - 2023
- Lettuce and Chicory Imports in Latvia
- Lettuce and Chicory Exports in Latvia
Lettuce and Chicory Price in Latvia (CIF) - 2023
In August 2023, the average lettuce and chicory import price amounted to $3,707 per ton, picking up by 2.8% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.9%. The pace of growth was the most pronounced in February 2023 when the average import price increased by 19% against the previous month. As a result, import price attained the peak level of $4,163 per ton. From March 2023 to August 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($10,052 per ton), while the price for Poland ($2,006 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Sweden (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Lettuce and Chicory Price in Latvia (FOB) - 2023
In August 2023, the average lettuce and chicory export price amounted to $4,240 per ton, reducing by -2.7% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.0%. The pace of growth appeared the most rapid in September 2022 an increase of 12% against the previous month. Over the period under review, the average export prices attained the peak figure at $5,284 per ton in January 2023; however, from February 2023 to August 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was Lithuania ($7,066 per ton), while the average price for exports to Estonia totaled $4,061 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+2.3%).
Lettuce and Chicory Imports in Latvia
In 2022, the amount of lettuce and chicory imported into Latvia rose modestly to 3.1K tons, increasing by 4.3% against 2021. The total import volume increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 11% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.
In value terms, lettuce and chicory imports stood at $10M in 2022. The total import value increased at an average annual rate of +8.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 20%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.
| Import of Lettuce and Chicory in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1.9 | 2.6 | 3.0 | 2.6 | 11.0% |
| Lithuania | 1.1 | 1.2 | 1.6 | 1.6 | 13.3% |
| Estonia | 1.2 | 1.3 | 1.4 | 1.2 | 0.0% |
| Sweden | 1.8 | 1.4 | 1.5 | 1.2 | -12.6% |
| Germany | N/A | N/A | 0.3 | 1.2 | 300.0% |
| Spain | 1.2 | 1.1 | 1.1 | 1.2 | 0.0% |
| Poland | N/A | 0.1 | 0.3 | 0.7 | 164.6% |
| Netherlands | 0.5 | 0.4 | 0.5 | 0.4 | -7.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.8 | 8.1 | 9.7 | 10.0 | 8.6% |
Top Suppliers of Lettuce and Chicory to Latvia in 2022:
- Italy (673.0 tons)
- Lithuania (608.4 tons)
- Spain (555.9 tons)
- Germany (338.0 tons)
- Netherlands (251.8 tons)
- Poland (245.2 tons)
- Estonia (232.2 tons)
- Sweden (179.6 tons)
Lettuce and Chicory Exports in Latvia
In 2022, approx. 410 tons of lettuce and chicory were exported from Latvia; with an increase of 6.7% compared with 2021. Overall, exports, however, saw a mild shrinkage.
In value terms, lettuce and chicory exports reduced to $1.7M in 2022. The total export value increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 8.3% against the previous year.
| Export of Lettuce and Chicory in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 1,255 | 1,161 | 1,326 | 1,399 | 3.7% |
| Lithuania | 337 | 558 | 468 | 330 | -0.7% |
| Others | 0.1 | 5.8 | 2.0 | 3.1 | 214.1% |
| Total | 1,592 | 1,724 | 1,795 | 1,732 | 2.8% |
Top Export Markets for Lettuce and Chicory from Latvia in 2022:
- Estonia (346.5 tons)
- Lithuania (61.9 tons)
This report provides an in-depth analysis of the lettuce and chicory 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 372 - Lettuce and chicory
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
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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, 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
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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
- 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
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This report provides an in-depth analysis of the lettuce and chicory market in Latvia.
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This report provides an in-depth analysis of the global lettuce and chicory market.
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This report provides an in-depth analysis of the lettuce and chicory market in Latvia.
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This report provides an in-depth analysis of the global lettuce and chicory market.
87
Explore the top import markets for lettuce and chicory across the globe, including key players such as Germany, Canada, and the United States.
6427
Global lettuce and chicory consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
2416
In 2015, the country with the largest volume of the lettuce and chicory output was China (X thousand tons), accounting for X% of global production.
1735
Despite a slight dip in exports in 2014, the U.S. held the second spot in the global lettuce and chicory trade. In 2014, the U.S. exported X thousand tons of lettuce and chicory totaling X million USD, X% under the previous year. Its primary trad
87
Explore the top import markets for lettuce and chicory across the globe, including key players such as Germany, Canada, and the United States.
6427
Global lettuce and chicory consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
2416
In 2015, the country with the largest volume of the lettuce and chicory output was China (X thousand tons), accounting for X% of global production.
1735
Despite a slight dip in exports in 2014, the U.S. held the second spot in the global lettuce and chicory trade. In 2014, the U.S. exported X thousand tons of lettuce and chicory totaling X million USD, X% under the previous year. Its primary trad
