Latvia - Dates - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDate Price in Latvia - 2023
Contents:
- Date Price in Latvia (CIF) - 2022
- Date Price in Latvia (FOB) - 2022
- Date Imports in Latvia
- Date Exports in Latvia
Date Price in Latvia (CIF) - 2022
In 2022, the average date import price amounted to $2,877 per ton, declining by -8% against the previous year. Overall, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, date import price increased by +24.2% against 2019 indices. The pace of growth appeared the most rapid in 2014 an increase of 28% against the previous year. Over the period under review, average import prices attained the maximum at $3,127 per ton in 2021, and then contracted in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($6,392 per ton), while the price for Pakistan ($1,076 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Date Price in Latvia (FOB) - 2022
The average date export price stood at $2,858 per ton in 2022, declining by -13.9% against the previous year. In general, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, date export price increased by +18.0% against 2019 indices. The most prominent rate of growth was recorded in 2014 an increase of 28%. The export price peaked at $3,321 per ton in 2021, and then dropped in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($2,977 per ton), while the average price for exports to Russia ($1,265 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 Estonia (+5.8%), while the prices for the other major destinations experienced mixed trend patterns.
Date Imports in Latvia
In 2022, after three years of growth, there was significant decline in supplies from abroad of dates, when their volume decreased by -6.5% to 488 tons. The total import volume increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 12% against the previous year. As a result, imports reached the peak of 522 tons, and then contracted in the following year.
In value terms, date imports shrank to $1.4M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +11.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +37.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 30%. As a result, imports reached the peak of $1.6M, and then declined in the following year.
Import of Date in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lithuania | 240 | 529 | 535 | 468 | 24.9% |
Netherlands | 74.1 | 72.7 | 509 | 453 | 82.8% |
Pakistan | 172 | 156 | 113 | 131 | -8.7% |
Denmark | 282 | 213 | 220 | 130 | -22.8% |
Germany | 80.6 | 90.8 | 101 | 75.8 | -2.0% |
Algeria | 31.3 | N/A | N/A | 42.4 | 10.6% |
Sweden | 47.7 | 40.4 | 32.2 | 31.5 | -12.9% |
Tunisia | N/A | 38.9 | 38.6 | 30.9 | -10.9% |
Iran | 22.3 | 48.8 | 29.7 | 27.3 | 7.0% |
France | 63.1 | 49.3 | 30.1 | 13.2 | -40.6% |
United Arab Emirates | N/A | 13.3 | 20.3 | 1.5 | -66.4% |
Others | 8.9 | 5.1 | 3.3 | 1.8 | -41.3% |
Total | 1,022 | 1,257 | 1,633 | 1,405 | 11.2% |
Top Suppliers of Date to Latvia in 2022:
- Lithuania (158.6 tons)
- Pakistan (121.5 tons)
- Netherlands (95.2 tons)
- Denmark (36.3 tons)
- Iran (21.6 tons)
- Algeria (21.3 tons)
- Germany (11.9 tons)
- Tunisia (11.0 tons)
- Sweden (6.7 tons)
- France (3.7 tons)
- United Arab Emirates (0.4 tons)
Date Exports in Latvia
Date exports from Latvia soared to 160 tons in 2022, jumping by 23% compared with the year before. The total export volume increased at an average annual rate of +2.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years.
In value terms, date exports expanded notably to $456K in 2022. The total export value increased at an average annual rate of +8.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 24%. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in years to come.
Export of Date in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Estonia | 190 | 227 | 236 | 240 | 8.1% |
Lithuania | 159 | 209 | 193 | 214 | 10.4% |
Russia | 6.4 | 5.0 | 0.1 | 0.6 | -54.6% |
Others | 1.6 | 0.7 | 2.0 | 1.8 | 4.0% |
Total | 357 | 442 | 431 | 456 | 8.5% |
Top Export Markets for Date from Latvia in 2022:
- Estonia (80.7 tons)
- Lithuania (78.0 tons)
- Russia (0.5 tons)
This report provides an in-depth analysis of the date 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.
Product coverage:
- FCL 577 - Dates
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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