Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Latvia - 2023

Contents:

  1. Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Latvia (CIF) - 2022
  2. Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Latvia (FOB) - 2022
  3. Imports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Latvia
  4. Exports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Latvia

Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Latvia (CIF) - 2022

In 2022, the average import price for vegetables, brassica; brussel sprouts, fresh or chilleds amounted to $1,443 per ton, falling by -17.1% against the previous year. Overall, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for vegetables, brassica; brussel sprouts, fresh or chilleds decreased by -25.7% against 2018 indices. The pace of growth was the most pronounced in 2016 when the average import price increased by 78%. Over the period under review, average import prices reached the peak figure at $1,942 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($1,511 per ton), while the price for Lithuania ($838 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Latvia (FOB) - 2022

In 2022, the average export price for vegetables, brassica; brussel sprouts, fresh or chilleds amounted to $1,798 per ton, shrinking by -18% against the previous year. Overall, export price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when the average export price increased by 67% against the previous year. Over the period under review, the average export prices reached the peak figure at $2,251 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($1,938 per ton), while the average price for exports to Estonia amounted to $1,683 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+33.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Latvia

After three years of growth, overseas purchases of vegetables, brassica; brussel sprouts, fresh or chilleds decreased by -2.8% to 167 tons in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +21.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 54% against the previous year.

In value terms, imports of vegetables, brassica; brussel sprouts, fresh or chilleds declined remarkably to $241K in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 57% against the previous year.

Import of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands1582382801835.0%
GermanyN/A0.1N/A29.71623.4%
ItalyN/AN/A5.612.0114.3%
Lithuania6.910.70.68.67.6%
SpainN/A7.510.57.82.0%
Others0.22.92.10.1-20.6%
Total16525929924113.5%

Top Suppliers of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled to Latvia in 2022:

  1. Netherlands (121.1 tons)
  2. Germany (21.1 tons)
  3. Lithuania (10.3 tons)
  4. Italy (8.0 tons)
  5. Spain (6.7 tons)

Exports of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Latvia

In 2022, overseas shipments of vegetables, brassica; brussel sprouts, fresh or chilleds decreased by -36.6% to 33 tons for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a tangible increase from 2019 to 2022: its volume increased at an average annual rate of +2.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 65% against the previous year.

In value terms, exports of vegetables, brassica; brussel sprouts, fresh or chilleds fell dramatically to $60K in 2022. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 56%.

Export of Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia35.760.261.330.6-5.0%
Lithuania25.633.051.529.04.2%
BelarusN/A2.51.8N/A-28.0%
OthersN/AN/AN/AN/A0%
Total61.495.711559.7-0.9%

Top Export Markets for Vegetables, Brassica; Brussel Sprouts, Fresh or Chilled from Latvia in 2022:

  1. Estonia (18.2 tons)
  2. Lithuania (15.0 tons)

Source: IndexBox Market Intelligence Platform

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