Latvia - Roasted Coffee (Not Decaffeinated) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Non-Decaffeinated Roasted Coffee in Latvia - 2023
Contents:
- Price for Non-Decaffeinated Roasted Coffee in Latvia (CIF) - 2023
- Price for Non-Decaffeinated Roasted Coffee in Latvia (FOB) - 2023
- Imports of Non-Decaffeinated Roasted Coffee in Latvia
- Exports of Non-Decaffeinated Roasted Coffee in Latvia
Price for Non-Decaffeinated Roasted Coffee in Latvia (CIF) - 2023
In November 2023, the average non-decaffeinated roasted coffee import price amounted to $8,847 per ton, falling by -8.5% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 12% month-to-month. As a result, import price reached the peak level of $10,173 per ton. From January 2023 to November 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($11,905 per ton), while the price for Sweden ($5,550 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Non-Decaffeinated Roasted Coffee in Latvia (FOB) - 2023
In November 2023, the average non-decaffeinated roasted coffee export price amounted to $9,440 per ton, shrinking by -7.4% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 9.4% against the previous month. Over the period under review, the average export prices hit record highs at $10,619 per ton in July 2023; however, from August 2023 to November 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was the United States ($14,644 per ton), while the average price for exports to Sweden ($6,961 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Non-Decaffeinated Roasted Coffee in Latvia
In 2022, the amount of roasted coffee (not decaffeinated) imported into Latvia rose remarkably to 9.4K tons, growing by 5.7% against 2021. The total import volume increased at an average annual rate of +6.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 18%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, non-decaffeinated roasted coffee imports surged to $82M in 2022. The total import value increased at an average annual rate of +13.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Non-Decaffeinated Roasted Coffee in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 23.9 | 28.7 | 28.1 | 32.7 | 11.0% |
| Germany | 12.6 | 17.8 | 16.3 | 20.4 | 17.4% |
| Sweden | 5.8 | 5.4 | 5.4 | 7.6 | 9.4% |
| Poland | 2.6 | 2.8 | 3.3 | 5.8 | 30.7% |
| Italy | 4.5 | 4.8 | 6.7 | 5.7 | 8.2% |
| Estonia | 3.3 | 3.8 | 3.0 | 3.9 | 5.7% |
| Netherlands | 1.5 | 1.1 | 1.3 | 2.4 | 17.0% |
| Others | 2.2 | 2.2 | 2.6 | 3.5 | 16.7% |
| Total | 56.4 | 66.7 | 66.8 | 82.0 | 13.3% |
Top Suppliers of Non-Decaffeinated Roasted Coffee to Latvia in 2022:
- Lithuania (3.7K tons)
- Germany (2.5K tons)
- Sweden (1.1K tons)
- Italy (0.6K tons)
- Poland (0.6K tons)
- Estonia (0.4K tons)
- Netherlands (0.3K tons)
Exports of Non-Decaffeinated Roasted Coffee in Latvia
Non-decaffeinated roasted coffee exports from Latvia rose remarkably to 5.9K tons in 2022, surging by 13% on the previous year's figure. The total export volume increased at an average annual rate of +4.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, non-decaffeinated roasted coffee exports skyrocketed to $52M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +16.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.5% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Non-Decaffeinated Roasted Coffee in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 11.7 | 12.6 | 10.9 | 11.3 | -1.2% |
| Estonia | 5.6 | 5.8 | 8.7 | 10.2 | 22.1% |
| Russia | 1.6 | 3.8 | 4.6 | 7.1 | 64.3% |
| Ukraine | 6.3 | 7.2 | 4.9 | 6.0 | -1.6% |
| Poland | 3.0 | 2.8 | 2.7 | 5.7 | 23.9% |
| Belarus | 0.4 | 0.5 | 0.5 | 2.0 | 71.0% |
| Sweden | 0.1 | 0.1 | 0.3 | 1.0 | 115.4% |
| Others | 4.4 | 5.5 | 6.6 | 8.5 | 24.5% |
| Total | 33.1 | 38.3 | 39.2 | 51.8 | 16.1% |
Top Export Markets for Non-Decaffeinated Roasted Coffee from Latvia in 2022:
- Lithuania (1475.8 tons)
- Estonia (1215.1 tons)
- Russia (728.8 tons)
- Ukraine (700.0 tons)
- Poland (668.1 tons)
- Belarus (252.5 tons)
- Sweden (149.7 tons)
This report provides an in-depth analysis of the non-decaffeinated roasted coffee 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 10831150 - Roasted coffee, not decaffeinated
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
- 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 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
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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
- 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
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