Latvia: Blueberry And Cranberry Market 2024

Blueberry And Cranberry Market Size in Latvia

The Latvian blueberry and cranberry market soared to $X in 2022, rising by X% against the previous year. Over the period under review, consumption saw a significant increase. Over the period under review, the market attained the peak level in 2022 and is likely to see gradual growth in years to come.

Blueberry And Cranberry Production in Latvia

In value terms, blueberry and cranberry production reached $X in 2022 estimated in export price. Overall, production recorded buoyant growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Blueberry and cranberry production peaked at $X in 2020; afterwards, it flattened through to 2022.

In 2022, the average yield of blueberries and cranberries in Latvia surged to X tons per ha, rising by X% compared with the previous year. In general, the yield, however, recorded a mild decline. The growth pace was the most rapid in 2020 with an increase of X%. As a result, the yield attained the peak level of X tons per ha. From 2021 to 2022, the growth of the average blueberry and cranberry yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the blueberry and cranberry harvested area in Latvia fell modestly to X ha, stabilizing at the previous year. In general, the harvested area, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2016 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to blueberry and cranberry production reached the peak figure at X ha in 2019; however, from 2020 to 2022, the harvested area failed to regain momentum.

Blueberry And Cranberry Exports

Exports from Latvia

Blueberry and cranberry exports from Latvia fell to X tons in 2022, standing approx. at the previous year. Overall, exports, however, continue to indicate a resilient increase. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, blueberry and cranberry exports declined markedly to $X in 2022. In general, exports, however, saw resilient growth. The growth pace was the most rapid in 2020 when exports increased by X%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Estonia (X tons) was the main destination for blueberry and cranberry exports from Latvia, with a X% share of total exports. Moreover, blueberry and cranberry exports to Estonia exceeded the volume sent to the second major destination, Italy (X tons), fourfold. Lithuania (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Estonia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Lithuania (X% per year).

In value terms, Estonia ($X) emerged as the key foreign market for blueberries and cranberries exports from Latvia, comprising X% of total exports. The second position in the ranking was taken by Lithuania ($X), with an X% share of total exports. It was followed by Russia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Estonia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (X% per year) and Russia (X% per year).

Export Prices by Country

In 2022, the average blueberry and cranberry export price amounted to $X per ton, waning by X% against the previous year. Over the period under review, the export price, however, posted pronounced growth. The most prominent rate of growth was recorded in 2019 an increase of X%. The export price peaked at $X per ton in 2021, and then dropped notably in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to the Netherlands ($X 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 the Czech Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

Blueberry And Cranberry Imports

Imports into Latvia

In 2022, supplies from abroad of blueberries and cranberries increased by X% to X tons, rising for the fourth year in a row after two years of decline. Over the period under review, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, blueberry and cranberry imports surged to $X in 2022. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Sweden (X tons), Poland (X tons) and the Netherlands (X tons) were the main suppliers of blueberry and cranberry imports to Latvia, together comprising X% of total imports. Germany, Spain, Estonia, Belgium and Lithuania lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest blueberry and cranberry suppliers to Latvia were Poland ($X), the Netherlands ($X) and Spain ($X), with a combined X% share of total imports.

In terms of the main suppliers, Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average blueberry and cranberry import price amounted to $X per ton, shrinking by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X%. The import price peaked at $X per ton in 2021, and then fell remarkably 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 Spain ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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