Price for Apples, Pears and Quinces; Fresh in Latvia - 2023

Contents:

  1. Price for Apples, Pears and Quinces; Fresh in Latvia (CIF) - 2022
  2. Price for Apples, Pears and Quinces; Fresh in Latvia (FOB) - 2022
  3. Imports of Apples, Pears and Quinces; Fresh in Latvia
  4. Exports of Apples, Pears and Quinces; Fresh in Latvia

Price for Apples, Pears and Quinces; Fresh in Latvia (CIF) - 2022

The average import price for apples, pears and quinces; freshes stood at $644 per ton in 2022, declining by -8.2% against the previous year. In general, the import price recorded a perceptible decline. The most prominent rate of growth was recorded in 2020 an increase of 49% against the previous year. Over the period under review, average import prices attained the peak figure at $945 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($1,101 per ton), while the price for Poland ($420 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Apples, Pears and Quinces; Fresh in Latvia (FOB) - 2022

The average export price for apples, pears and quinces; freshes stood at $843 per ton in 2022, declining by -8.6% against the previous year. In general, the export price saw a perceptible descent. The growth pace was the most rapid in 2018 an increase of 67%. The export price peaked at $1,051 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($863 per ton), while the average price for exports to Poland ($355 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 Poland (+8.6%), while the prices for the other major destinations experienced a decline.

Imports of Apples, Pears and Quinces; Fresh in Latvia

Apples, pears and quinces; fresh imports into Latvia fell modestly to 28K tons in 2022, which is down by -2.1% on the year before. Over the period under review, imports recorded a pronounced reduction. The pace of growth was the most pronounced in 2021 with an increase of 1.6%.

In value terms, apples, pears and quinces; fresh imports reduced to $18M in 2022. The total import value increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 34% against the previous year. As a result, imports reached the peak of $22M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Apples, Pears and Quinces; Fresh in Latvia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland5.87.66.96.85.4%
Netherlands5.77.36.15.70.0%
Italy2.73.74.23.14.7%
Belgium0.80.90.80.94.0%
France0.40.50.10.40.0%
Lithuania0.30.70.20.2-12.6%
Others0.71.41.40.84.6%
Total16.522.219.817.82.6%

Top Suppliers of Apples, Pears and Quinces; Fresh to Latvia in 2022:

  1. Poland (16.2K tons)
  2. Netherlands (6.1K tons)
  3. Italy (2.8K tons)
  4. Belgium (1.2K tons)
  5. France (0.5K tons)
  6. Lithuania (0.3K tons)

Exports of Apples, Pears and Quinces; Fresh in Latvia

For the third year in a row, Latvia recorded decline in overseas shipments of apples, pears and quinces; freshes, which decreased by -8.8% to 6.4K tons in 2022. In general, exports recorded a abrupt slump. The smallest decline of -5% was in 2020.

In value terms, apples, pears and quinces; fresh exports plummeted to $5.4M in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 38% against the previous year. As a result, the exports attained the peak of $7.4M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Apples, Pears and Quinces; Fresh in Latvia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia3.75.04.83.91.8%
Lithuania1.52.41.71.50.0%
Poland0.1N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total5.47.46.55.40.0%

Top Export Markets for Apples, Pears and Quinces; Fresh from Latvia in 2022:

  1. Estonia (4.6K tons)
  2. Lithuania (1.8K tons)

Source: IndexBox Market Intelligence Platform

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