Latvia: Rabbit Meat Market 2024

Rabbit Meat Market Size in Latvia

In 2022, after three years of growth, there was significant decline in the Latvian rabbit meat market, when its value decreased by X% to $X. In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Rabbit Meat Production in Latvia

In value terms, rabbit meat production fell slightly to $X in 2022 estimated in export price. Overall, production saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Rabbit meat production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of rabbit or hare meat in Latvia stood at X kg per head, therefore, remained relatively stable against 2021. Overall, the yield saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X%. The rabbit meat yield peaked at X kg per head in 2014; however, from 2015 to 2022, the yield stood at a somewhat lower figure.

In 2022, the number of animals slaughtered for rabbit meat production in Latvia dropped to X heads, therefore, remained relatively stable against 2021 figures. Over the period under review, the number of producing animals showed a perceptible setback. The growth pace was the most rapid in 2015 with an increase of X%. As a result, the number of producing animals attained the peak level of X heads. From 2016 to 2022, the growth of this number failed to regain momentum.

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Rabbit Meat Exports

Exports from Latvia

In 2022, rabbit meat exports from Latvia surged to X tons, increasing by X% on the year before. Over the period under review, exports, however, saw a slight curtailment. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, rabbit meat exports skyrocketed to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Lithuania (X tons) was the main destination for rabbit meat exports from Latvia, accounting for a X% share of total exports. Moreover, rabbit meat exports to Lithuania exceeded the volume sent to the second major destination, Estonia (X tons), fivefold.

From 2012 to 2022, the average annual growth rate of volume to Lithuania amounted to X%.

In value terms, Lithuania ($X) remains the key foreign market for rabbit or hare meat exports from Latvia, comprising X% of total exports. The second position in the ranking was held by Estonia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Lithuania totaled X%.

Export Prices by Country

In 2022, the average rabbit meat export price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of X%. The export price peaked at $X per ton in 2019; however, from 2020 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 ($X per ton), while the average price for exports to Estonia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (X%), while the prices for the other major destinations experienced a decline.

Rabbit Meat Imports

Imports into Latvia

After three years of growth, purchases abroad of rabbit or hare meat decreased by X% to X tons in 2022. Over the period under review, imports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then fell rapidly in the following year.

In value terms, rabbit meat imports contracted remarkably to $X in 2022. In general, imports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then shrank rapidly in the following year.

Imports by Country

In 2022, Lithuania (X tons) constituted the largest supplier of rabbit meat to Latvia, with a X% share of total imports. Moreover, rabbit meat imports from Lithuania exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. Poland (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Lithuania was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Poland (X% per year).

In value terms, Lithuania ($X) constituted the largest supplier of rabbit or hare meat to Latvia, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Lithuania totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Poland (X% per year).

Import Prices by Country

The average rabbit meat import price stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 an increase of X%. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were France ($X per ton) and the Netherlands ($X per ton), while the price for Estonia ($X per ton) and Poland ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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