
Latvia - Potato - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact
You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).
By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.
Latvia: Potato Market Overview 2020
Webinar: Global Sugar Market - Statistics, Trends, and Outlook
Join our live webinar to get insights into the global sugar market.
Thursday, April 1st, 2021 @ 10:00 am ET
Potato Market Size in Latvia
The revenue of the potato market in Latvia amounted to $X in 2018, shrinking by -X% against the previous year. In general, potato consumption continues to indicate a noticeable shrinkage. The pace of growth was the most pronounced in 2012 when the market value increased by X% y-o-y. Potato consumption peaked at $X in 2015; however, from 2016 to 2018, consumption remained at a lower figure.
Potato Production in Latvia
In value terms, potato production totaled $X in 2018 estimated in export prices. In general, potato production continues to indicate a perceptible decline. The pace of growth appeared the most rapid in 2012 when production volume increased by X% year-to-year. Over the period under review, potato production reached its maximum level at $X in 2015; however, from 2016 to 2018, production failed to regain its momentum.
In 2018, the average yield of potatoes in Latvia totaled X tonne per ha, going up by X% against the previous year. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2012 when yield increased by X% y-o-y. Potato yield peaked at X tonne per ha in 2016; however, from 2017 to 2018, yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2018, the total area harvested in terms of potatoes production in Latvia totaled X ha, lowering by -X% against the previous year. In general, the potato harvested area continues to indicate a deep curtailment. The growth pace was the most rapid in 2010 when harvested area increased by X% year-to-year. Over the period under review, the harvested area dedicated to potato production attained its maximum at X ha in 2007; however, from 2008 to 2018, harvested area stood at a somewhat lower figure.
Potato Exports
Exports from Latvia
In 2018, approx. X tonnes of potatoes were exported from Latvia; standing approx. at the previous year. Over the period under review, potato exports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% y-o-y. In that year, potato exports attained their peak of X tonnes, and then declined slightly in the following year.
In value terms, potato exports totaled $X in 2018. Over the period under review, potato exports, however, continue to indicate a strong increase. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. In that year, potato exports attained their peak of $X, and then declined slightly in the following year.
Potato Imports
Imports into Latvia
In 2018, the amount of potatoes imported into Latvia stood at X tonnes, going down by -X% against the previous year. Overall, potato imports, however, continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2011 when imports increased by X% against the previous year. Over the period under review, potato imports attained their peak figure at X tonnes in 2017, and then declined slightly in the following year.
In value terms, potato imports stood at $X in 2018. Overall, potato imports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. In that year, potato imports reached their peak of $X. From 2012 to 2018, the growth of potato imports remained at a somewhat lower figure.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the potato 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
Webinar: Global Sugar Market - Statistics, Trends, and Outlook
Join our live webinar to get insights into the global sugar market.
Thursday, April 1st, 2021 @ 10:00 am ET
Register
Webinar: Global Cotton Yarn Market - Statistics, Trends, and Outlook
Join our live webinar to get insights into the global cotton yarn market.
Thursday, April 8th, 2021 @ 10:00 am ET
Register
Webinar: Global MDF Market - Statistics, Trends, and Outlook
Join our live webinar to get insights into the global MDF market.
Thursday, March 25th, 2021 @ 10:00 am ET
Register