Latvia: Pulses Market 2020

Pulses Market Size in Latvia

The revenue of the pulses market in Latvia amounted to $X in 2018, approximately equating the previous year. In general, pulses consumption, however, continues to indicate an extraordinary expansion. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. Over the period under review, the pulses market reached its maximum level in 2018 and is expected to retain its growth in the near future.

Pulses Production in Latvia

In value terms, pulses production amounted to $X in 2018 estimated in export prices. In general, pulses production, however, continues to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Over the period under review, pulses production reached its peak figure level at $X in 2017, and then declined slightly in the following year.

In 2018, the average pulses yield in Latvia totaled X ton per ha, declining by -X% against the previous year. Over the period under review, the pulses yield, however, continues to indicate a strong increase. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Pulses yield peaked at X ton per ha in 2016; however, from 2017 to 2018, yield failed to regain its momentum. 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 pulses production in Latvia amounted to X ha, going up by X% against the previous year. Overall, the pulses harvested area continues to indicate an extraordinary expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% year-to-year. Pulses harvested area peaked in 2018 and is expected to retain its growth in the immediate term.

Pulses Exports

Exports from Latvia

Pulses exports from Latvia totaled X tons in 2018, going down by -X% against the previous year. In general, pulses exports, however, continue to indicate skyrocketing growth. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Over the period under review, pulses exports attained their maximum at X tons in 2016; however, from 2017 to 2018, exports failed to regain their momentum.

In value terms, pulses exports totaled $X in 2018. Overall, pulses exports, however, continue to indicate extraordinary growth. The pace of growth was the most pronounced in 2015 when exports increased by X% year-to-year. Exports peaked at $X in 2016; however, from 2017 to 2018, exports stood at a somewhat lower figure.

Pulses Imports

Imports into Latvia

Pulses imports into Latvia amounted to X tons in 2018, picking up by X% against the previous year. Overall, pulses imports continue to indicate an outstanding increase. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. Imports peaked in 2018 and are likely to continue its growth in the immediate term.

In value terms, pulses imports stood at $X in 2018. In general, pulses imports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. Over the period under review, pulses imports attained their peak figure in 2018 and are expected to retain its growth in the immediate term.

Source: IndexBox Market Intelligence Platform