Price for Mushrooms and Truffles of the Genus "Agaricus" in Latvia - 2023
Contents:
- Price for Mushrooms and Truffles of the Genus "Agaricus" in Latvia (CIF) - 2023
- Price for Mushrooms and Truffles of the Genus "Agaricus" in Latvia (FOB) - 2022
- Imports of Mushrooms and Truffles of the Genus "Agaricus" in Latvia
- Exports of Mushrooms and Truffles of the Genus "Agaricus" in Latvia
Price for Mushrooms and Truffles of the Genus "Agaricus" in Latvia (CIF) - 2023
The average import price for mushrooms and truffles of the genus "agaricus" stood at $2,677 per ton in September 2023, picking up by 8.2% against the previous month. Over the period from December 2022 to September 2023, it increased at an average monthly rate of +1.2%. The pace of growth was the most pronounced in March 2023 when the average import price increased by 11% m-o-m. Over the period under review, average import prices hit record highs at $2,815 per ton in May 2023; however, from June 2023 to September 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Lithuania.
From December 2022 to September 2023, the rate of growth in terms of prices for Lithuania amounted to +1.2% per month.
Price for Mushrooms and Truffles of the Genus "Agaricus" in Latvia (FOB) - 2022
In 2022, the average export price for mushrooms and truffles of the genus "agaricus" amounted to $2,463 per ton, falling by -23.6% against the previous year. Over the period under review, the export price, however, enjoyed a measured expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by 282%. As a result, the export price reached the peak level of $4,405 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($2,667 per ton), while the average price for exports to Estonia ($2,458 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 (+63.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Mushrooms and Truffles of the Genus "Agaricus" in Latvia
For the fourth consecutive year, Latvia recorded growth in overseas purchases of mushrooms and truffles of the genus "agaricus", which increased by 12% to 977 tons in 2022. The total import volume increased at an average annual rate of +12.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 21%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, imports of mushrooms and truffles of the genus "agaricus" surged to $1.8M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.8% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Mushrooms and Truffles of the Genus "Agaricus" in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 1.2 | 1.2 | 1.3 | 1.8 | 14.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.2 | 1.3 | 1.3 | 1.8 | 14.5% |
Top Suppliers of Mushrooms and Truffles of the Genus "Agaricus" to Latvia in 2022:
- Lithuania (976.4 tons)
Exports of Mushrooms and Truffles of the Genus "Agaricus" in Latvia
After two years of decline, shipments abroad of mushrooms and truffles of the genus "agaricus" increased by 12,151% to 62 tons in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of mushrooms and truffles of the genus "agaricus" surged to $154K in 2022. Overall, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Mushrooms and Truffles of the Genus "Agaricus" in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 14.8 | 11.0 | 1.5 | 149 | 115.9% |
| Lithuania | 1.4 | 1.0 | 0.1 | 4.8 | 50.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 16.3 | 12.0 | 1.6 | 154 | 111.4% |
Top Export Markets for Mushrooms and Truffles of the Genus "Agaricus" from Latvia in 2022:
- Estonia (60.5 tons)
- Lithuania (1.8 tons)
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