Latvia - Mandarin and Clementine - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMandarin and Clementine Price in Latvia - 2023
Contents:
- Mandarin and Clementine Price in Latvia (CIF) - 2023
- Mandarin and Clementine Price in Latvia (FOB) - 2022
- Mandarin and Clementine Imports in Latvia
- Mandarin and Clementine Exports in Latvia
Mandarin and Clementine Price in Latvia (CIF) - 2023
In September 2023, the average mandarin and clementine import price amounted to $1,734 per ton, rising by 32% against the previous month. Over the period under review, import price indicated moderate growth from September 2022 to September 2023: its price increased at an average monthly rate of +3.1% 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, mandarin and clementine import price increased by +31.8% against August 2023 indices. The import price peaked at $2,041 per ton in June 2023; however, from July 2023 to September 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Germany ($2,181 per ton), while the price for Estonia ($917 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 Egypt (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Mandarin and Clementine Price in Latvia (FOB) - 2022
The average mandarin and clementine export price stood at $1,327 per ton in 2022, rising by 2.9% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 22%. As a result, the export price reached the peak level of $1,407 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($1,364 per ton), while the average price for exports to Estonia amounted to $1,316 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+0.4%).
Mandarin and Clementine Imports in Latvia
In 2022, approx. 15K tons of tangerines, mandarins, clementines, satsumas were imported into Latvia; picking up by 4.1% against the previous year's figure. The total import volume increased at an average annual rate of +1.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor 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, mandarin and clementine imports expanded markedly to $16M in 2022. The total import value increased at an average annual rate of +6.3% 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.
Import of Mandarin and Clementine in Latvia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 7.0 | 6.4 | 6.3 | 5.6 | -7.2% |
Netherlands | 1.1 | 0.5 | 2.1 | 2.5 | 31.5% |
Greece | 1.3 | 1.0 | 1.4 | 2.1 | 17.3% |
Germany | N/A | N/A | 0.8 | 1.8 | 125.0% |
Italy | 1.4 | 2.1 | 1.3 | 1.5 | 2.3% |
Lithuania | 1.4 | 1.7 | 1.4 | 0.6 | -24.6% |
Albania | 0.1 | N/A | 0.1 | 0.6 | 81.7% |
Turkey | 0.9 | 0.8 | 1.1 | 0.5 | -17.8% |
Morocco | 0.2 | N/A | 0.2 | 0.5 | 35.7% |
Others | 0.3 | 1.3 | 0.5 | 0.7 | 32.6% |
Total | 13.8 | 13.9 | 15.1 | 16.5 | 6.1% |
Top Suppliers of Mandarin and Clementine to Latvia in 2022:
- Spain (4.3K tons)
- Netherlands (2.5K tons)
- Greece (2.3K tons)
- Italy (1.7K tons)
- Germany (1.4K tons)
- Turkey (0.7K tons)
- Albania (0.7K tons)
- Morocco (0.6K tons)
- Lithuania (0.5K tons)
Mandarin and Clementine Exports in Latvia
In 2022, mandarin and clementine exports from Latvia amounted to 4.2K tons, with an increase of 10% compared with the year before. The total export volume increased at an average annual rate of +8.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 36%. As a result, the exports attained the peak of 4.6K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, mandarin and clementine exports expanded markedly to $5.6M in 2022. The total export value increased at an average annual rate of +13.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 37%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
Export of Mandarin and Clementine in Latvia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Estonia | 2.5 | 3.0 | 3.2 | 3.4 | 10.8% |
Lithuania | 1.3 | 2.3 | 1.8 | 2.1 | 17.3% |
Others | N/A | N/A | N/A | 0.1 | 0% |
Total | 3.8 | 5.3 | 4.9 | 5.6 | 13.8% |
Top Export Markets for Mandarin and Clementine from Latvia in 2022:
- Estonia (2.6K tons)
- Lithuania (1.5K tons)
This report provides an in-depth analysis of the mandarin and clementine 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 495 - Tangerines, mandarins, clementines, satsumas
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, 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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