Report Latvia - Cod, Salted or in Brine - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

Latvia - Cod, Salted or in Brine - Market Analysis, Forecast, Size, Trends and Insights

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Latvia: Market for Cod, Salted or in Brine 2024

Market Size for Cod, Salted or in Brine in Latvia

The Latvian market for cod, salted or in brine dropped slightly to $X in 2022, falling by X% against the previous year. Over the period under review, consumption continues to indicate a pronounced curtailment. Over the period under review, the market hit record highs at $X in 2021, and then contracted modestly in the following year.

Production of Cod, Salted or in Brine in Latvia

In value terms, cod, salted or in brine production totaled less than $X in 2022 estimated in export price. Over the period under review, production continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2016 with a decrease of X%. Cod, salted or in brine production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Cod, Salted or in Brine

Exports from Latvia

In 2022, the amount of cod, salted or in brine exported from Latvia dropped sharply to X tons, which is down by X% against 2021. In general, exports continue to indicate a sharp decline. Over the period under review, the exports reached the peak figure at X tons in 2021, and then reduced rapidly in the following year.

In value terms, cod, salted or in brine exports shrank dramatically to $X in 2022. Over the period under review, exports showed a sharp shrinkage. The exports peaked at $X in 2021, and then fell sharply in the following year.

Exports by Country

The Netherlands (X tons) was the main destination for cod, salted or in brine exports from Latvia, accounting for a approx. X% share of total exports.

From 2021 to 2022, the average annual growth rate of volume to the Netherlands totaled X.0%.

In value terms, the Netherlands ($X) emerged as the key foreign market for cod, salted or in brine exports from Latvia.

From 2021 to 2022, the average annual growth rate of value to the Netherlands stood at X.4%.

Export Prices by Country

The average export price for cod, salted or in brine stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2021 to 2022, the rate of growth in terms of prices for the Netherlands amounted to X% per year.

Imports of Cod, Salted or in Brine

Imports into Latvia

For the fourth consecutive year, Latvia recorded growth in overseas purchases of cod, salted or in brine, which increased by X% to X kg in 2017. Over the period under review, imports recorded significant growth. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Imports peaked in 2017 and are likely to continue growth in the near future.

In value terms, cod, salted or in brine imports soared to $X in 2017. In general, imports, however, faced a abrupt descent. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2017, imports stood at a somewhat lower figure.

Imports by Country

In 2017, Denmark (X kg) was the main supplier of cod, salted or in brine to Latvia, accounting for a approx. X% share of total imports.

From 2012 to 2017, the average annual rate of growth in terms of volume from Denmark was relatively modest.

In value terms, Denmark ($X) constituted the largest supplier of cod, salted or in brine to Latvia.

From 2012 to 2017, the average annual rate of growth in terms of value from Denmark was relatively modest.

Import Prices by Country

The average import price for cod, salted or in brine stood at $X per ton in 2017, with a decrease of X% against the previous year. Over the period under review, the import price recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2017, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Denmark.

From 2012 to 2017, the rate of growth in terms of prices for Denmark amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of consumption in 2022 were China, the United States and Portugal, with a combined 45% share of global consumption. India, Germany, Nigeria, Indonesia, Bangladesh, Brazil, the UK, France, Italy and Iceland lagged somewhat behind, together accounting for a further 31%.
The countries with the highest volumes of production in 2022 were China, the United States and India, together comprising 44% of global production. Portugal, Iceland, Norway, Germany, Nigeria, Indonesia, Bangladesh, the UK, France and Brazil lagged somewhat behind, together comprising a further 32%.
In value terms, Denmark $69) constituted the largest supplier of cod, salted or in brine to Latvia.
In value terms, the Netherlands emerged as the key foreign market for cod, salted or in brine exports from Latvia.
The average export price for cod, salted or in brine stood at $1,436 per ton in 2022, stabilizing at the previous year.
The average import price for cod, salted or in brine stood at $3,450 per ton in 2017, dropping by -36.1% against the previous year.

This report provides an in-depth analysis of the market for cod, salted or in brine 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:

    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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS
    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. MARKET STRUCTURE
      3. TRADE BALANCE
      4. PER CAPITA CONSUMPTION
      5. MARKET FORECAST TO 2030
    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT
    5. 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
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES
    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS
    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption In 2012-2023
      5. Imports, In Physical Terms, By Country, 2012–2023
      6. Imports, In Value Terms, By Country, 2012–2023
      7. Import Prices, By Country Of Origin, 2012–2023
      8. Exports, In Physical Terms, By Country, 2012–2023
      9. Exports, In Value Terms, By Country, 2012–2023
      10. Export Prices, By Country Of Destination, 2012–2023
    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
      5. Trade Balance, In Physical Terms, 2012-2023
      6. Trade Balance, In Value Terms, 2012-2023
      7. Per Capita Consumption, 2012-2023
      8. Market Volume Forecast to 2030
      9. Market Value Forecast to 2030
      10. Products: Market Size And Growth, By Type
      11. Products: Average Per Capita Consumption, By Type
      12. Products: Exports And Growth, By Type
      13. Products: Export Prices And Growth, By Type
      14. Production Volume And Growth
      15. Exports And Growth
      16. Export Prices And Growth
      17. Market Size And Growth
      18. Per Capita Consumption
      19. Imports And Growth
      20. Import Prices
      21. Production, In Physical Terms, 2012–2023
      22. Production, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, 2012–2023
      24. Imports, In Value Terms, 2012–2023
      25. Imports, In Physical Terms, By Country, 2023
      26. Imports, In Physical Terms, By Country, 2012–2023
      27. Imports, In Value Terms, By Country, 2012–2023
      28. Import Prices, By Country Of Origin, 2012–2023
      29. Exports, In Physical Terms, 2012–2023
      30. Exports, In Value Terms, 2012–2023
      31. Exports, In Physical Terms, By Country, 2023
      32. Exports, In Physical Terms, By Country, 2012–2023
      33. Exports, In Value Terms, By Country, 2012–2023
      34. Export Prices, By Country Of Destination, 2012–2023

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