Price for Plants, Live; Unrooted Cuttings and Slips in Latvia - 2023

Contents:

1. Price for Plants, Live; Unrooted Cuttings and Slips in Latvia (CIF) - 2022
2. Price for Plants, Live; Unrooted Cuttings and Slips in Latvia (FOB) - 2022
3. Imports of Plants, Live; Unrooted Cuttings and Slips in Latvia
4. Exports of Plants, Live; Unrooted Cuttings and Slips in Latvia

Price for Plants, Live; Unrooted Cuttings and Slips in Latvia (CIF) - 2022

In 2022, the average import price for plants, live; unrooted cuttings and slipses amounted to $0.2 per unit, falling by -20.1% against the previous year. Overall, the import price showed a mild contraction. The pace of growth appeared the most rapid in 2021 when the average import price increased by 78% against the previous year. As a result, import price reached the peak level of $0.3 per unit, and then reduced notably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($0.6 per unit), while the price for Estonia (less than $0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Plants, Live; Unrooted Cuttings and Slips in Latvia (FOB) - 2022

In 2022, the average export price for plants, live; unrooted cuttings and slipses amounted to $0.1 per unit, surging by 5.2% against the previous year. Overall, the export price saw a measured expansion. The pace of growth appeared the most rapid in 2015 an increase of 224%. As a result, the export price attained the peak level of $0.1 per unit. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +3.5% per year.

Imports of Plants, Live; Unrooted Cuttings and Slips in Latvia

In 2022, imports of plants, live; unrooted cuttings and slipses into Latvia dropped significantly to 192K units, with a decrease of -73.8% against the previous year. Over the period under review, imports recorded a abrupt decline. The growth pace was the most rapid in 2021 when imports increased by 243% against the previous year. As a result, imports reached the peak of 731K units, and then contracted markedly in the following year.

In value terms, imports of plants, live; unrooted cuttings and slipses declined rapidly to $48K in 2022. Overall, imports recorded a mild decline. The pace of growth appeared the most rapid in 2021 when imports increased by 511%. As a result, imports attained the peak of $228K, and then fell rapidly in the following year.

Top Suppliers of Plants, Live; Unrooted Cuttings and Slips to Latvia in 2022:

1. Poland (122.6K units)
2. Estonia (36.3K units)
3. Netherlands (27.2K units)
4. Germany (5.2K units)

Exports of Plants, Live; Unrooted Cuttings and Slips in Latvia

In 2022, approx. 3.2K units of plants, live; unrooted cuttings and slipses were exported from Latvia; which is down by -99.9% against 2021 figures. In general, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 455,667% against the previous year. As a result, the exports reached the peak of 2.9M units, and then reduced notably in the following year.

In value terms, exports of plants, live; unrooted cuttings and slipses dropped significantly to $210 in 2022. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 267,291% against the previous year. As a result, the exports attained the peak of $179K, and then contracted sharply in the following year.

Top Export Markets for Plants, Live; Unrooted Cuttings and Slips from Latvia in 2022:

1. Russia (3.2K units)

Source: IndexBox Market Intelligence Platform