Latvia - Preserved Peas - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPreserved Peas Price in Latvia - 2023
Contents:
- Preserved Peas Price in Latvia (CIF) - 2023
- Preserved Peas Price in Latvia (FOB) - 2022
- Preserved Peas Imports in Latvia
- Preserved Peas Exports in Latvia
Preserved Peas Price in Latvia (CIF) - 2023
In September 2023, the average preserved peas import price amounted to $1,498 per ton, rising by 1.5% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.4%. The growth pace was the most rapid in October 2022 when the average import price increased by 30% m-o-m. Over the period under review, average import prices hit record highs at $1,817 per ton in February 2023; however, from March 2023 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($2,431 per ton), while the price for Poland ($1,207 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 Lithuania (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Peas Price in Latvia (FOB) - 2022
The average preserved peas export price stood at $1,680 per ton in 2022, leveling off at the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2020 when the average export price increased by 21% against the previous year. Over the period under review, the average export prices reached the maximum at $1,683 per ton in 2021, and then dropped in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($3,348 per ton), while the average price for exports to Lithuania ($1,423 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 Germany (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Peas Imports in Latvia
In 2022, supplies from abroad of preserved peas decreased by -9.8% to 2.6K tons, falling for the second consecutive year after two years of growth. In general, imports showed a mild contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 7.4% against the previous year. As a result, imports reached the peak of 2.9K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, preserved peas imports dropped modestly to $3.6M in 2022. The total import value increased at an average annual rate of +7.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 25% against the previous year.
| Import of Preserved Peas in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 1,321 | 1,639 | 1,683 | 1,856 | 12.0% |
| Hungary | 1,110 | 1,430 | 1,326 | 890 | -7.1% |
| Germany | 8.4 | 10.6 | 158 | 268 | 217.2% |
| Moldova | 97.3 | 161 | 210 | 253 | 37.5% |
| Lithuania | 227 | 207 | 184 | 248 | 3.0% |
| Italy | 70.6 | 35.1 | 24.8 | 11.4 | -45.5% |
| Others | 69.0 | 143 | 117 | 53.7 | -8.0% |
| Total | 2,904 | 3,626 | 3,702 | 3,580 | 7.2% |
Top Suppliers of Preserved Peas to Latvia in 2022:
- Poland (1155.8 tons)
- Hungary (753.4 tons)
- Moldova (263.3 tons)
- Lithuania (222.5 tons)
- Germany (142.5 tons)
- Italy (14.6 tons)
Preserved Peas Exports in Latvia
For the third consecutive year, Latvia recorded decline in overseas shipments of preserved peas, which decreased by -4% to 134 tons in 2022. Over the period under review, exports faced a deep contraction.
In value terms, preserved peas exports shrank slightly to $225K in 2022. In general, exports saw a perceptible curtailment. The smallest decline of -0.8% was in 2020.
| Export of Preserved Peas in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 91.0 | 63.8 | 57.0 | 86.4 | -1.7% |
| United Kingdom | 74.4 | 72.4 | 81.9 | 53.5 | -10.4% |
| Lithuania | 53.8 | 61.2 | 50.9 | 50.0 | -2.4% |
| Russia | N/A | 33.3 | 29.0 | 21.1 | -20.4% |
| Germany | 0.2 | 0.3 | 11.4 | 8.0 | 242.0% |
| Ireland | 30.4 | 14.6 | 0.1 | 0.1 | -85.1% |
| Others | 2.5 | 4.7 | 4.9 | 6.2 | 35.4% |
| Total | 252 | 250 | 235 | 225 | -3.7% |
Top Export Markets for Preserved Peas from Latvia in 2022:
- Ireland (undefined tons)
- Estonia (53.6 tons)
- Lithuania (35.1 tons)
- United Kingdom (31.2 tons)
- Russia (6.3 tons)
- Germany (3.7 tons)
This report provides an in-depth analysis of the preserved peas 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 10391600 - Peas, preserved otherwise than by vinegar or acetic acid, e xcept prepared vegetable dishes
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
103
This report provides an in-depth analysis of the preserved peas market in Latvia.
116
This report provides an in-depth analysis of the vegetable puree market in Latvia.
139
This report provides an in-depth analysis of the canned vegetable market in Latvia.
119
This report provides an in-depth analysis of the preserved sweet corn market in Latvia.
111
This report provides an in-depth analysis of the preserved asparagus market in Latvia.
220
This report provides an in-depth analysis of the potato chips market in Latvia.
109
This report provides an in-depth analysis of the preserved olive market in Latvia.
711
This report provides an in-depth analysis of the global preserved peas market.
1178
This report provides an in-depth analysis of the global vegetable puree market.
793
This report provides an in-depth analysis of the global canned vegetable market.
1350
Despite relatively flat year to year export numbers in 2014, Italy continued to lead the way in the global trade of vegetables (homogenized preparations). In 2014, Italy exported X thousand tons of vegetables (homogenized preparations) totaling X m
1604
In 2020, global preserved sweet corn exports rose by +4.1% y-o-y to $1B. Thailand, Hungary and France head the list of the largest exporters worldwide. The average export price for preserved sweet corn remained relatively unchanged in 2020. Germany, the UK, Japan were the prime destinations for imported preserved sweet corn last year.
1164
Hungary dominates in the global trade of prepared sweet corn. In 2014, Hungary exported X thousand tons of prepared sweet corn totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of it
1350
Despite relatively flat year to year export numbers in 2014, Italy continued to lead the way in the global trade of vegetables (homogenized preparations). In 2014, Italy exported X thousand tons of vegetables (homogenized preparations) totaling X m
1604
In 2020, global preserved sweet corn exports rose by +4.1% y-o-y to $1B. Thailand, Hungary and France head the list of the largest exporters worldwide. The average export price for preserved sweet corn remained relatively unchanged in 2020. Germany, the UK, Japan were the prime destinations for imported preserved sweet corn last year.
1164
Hungary dominates in the global trade of prepared sweet corn. In 2014, Hungary exported X thousand tons of prepared sweet corn totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of it
