Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Latvia - 2023
Contents:
- Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Latvia (FOB) - 2022
- Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Latvia (CIF) - 2022
- Exports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Latvia
- Imports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Latvia
Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Latvia (FOB) - 2022
In 2022, the average export price for leguminous vegetables; shelled or unshelled, fresh or chilleds amounted to $584 per ton, with an increase of 77% against the previous year. Overall, the export price, however, recorded a pronounced setback. The pace of growth was the most pronounced in 2020 an increase of 130% against the previous year. Over the period under review, the average export prices reached the maximum at $916 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($714 per ton), while the average price for exports to Germany ($445 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 Netherlands (+90.1%), while the prices for the other major destinations experienced a decline.
Price for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Latvia (CIF) - 2022
In 2022, the average import price for leguminous vegetables; shelled or unshelled, fresh or chilleds amounted to $507 per ton, with an increase of 6.7% against the previous year. In general, the import price, however, recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when the average import price increased by 46% against the previous year. Over the period under review, average import prices reached the maximum at $768 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Italy ($2,678 per ton), while the price for Lithuania ($331 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.5%), while the prices for the other major suppliers experienced a decline.
Exports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Latvia
Exports of leguminous vegetables; shelled or unshelled, fresh or chilleds from Latvia fell significantly to 9.9K tons in 2022, which is down by -21% on 2021 figures. Over the period under review, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 3,100% against the previous year. As a result, the exports attained the peak of 13K tons, and then fell significantly in the following year.
In value terms, exports of leguminous vegetables; shelled or unshelled, fresh or chilleds skyrocketed to $5.8M in 2022. Overall, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 1,467% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 0.3 | N/A | 0.3 | 2,484 | 1923.1% |
| Germany | 638 | N/A | 2,434 | 1,835 | 42.2% |
| Norway | 0.2 | 0.1 | 0.1 | 1,286 | 1759.5% |
| Lithuania | 360 | 149 | 321 | 121 | -30.5% |
| France | N/A | N/A | 1,247 | N/A | 0% |
| Others | 118 | 114 | 120 | 47.3 | -26.3% |
| Total | 1,116 | 263 | 4,122 | 5,773 | 72.9% |
Top Export Markets for Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled from Latvia in 2022:
- Germany (4.1K tons)
- United Kingdom (3.7K tons)
- Norway (1.8K tons)
- Lithuania (0.2K tons)
Imports of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Latvia
In 2022, overseas purchases of leguminous vegetables; shelled or unshelled, fresh or chilleds decreased by -46.9% to 1.9K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a precipitous slump. The growth pace was the most rapid in 2020 with an increase of 65% against the previous year. As a result, imports reached the peak of 28K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of leguminous vegetables; shelled or unshelled, fresh or chilleds reduced markedly to $945K in 2022. In general, imports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2020 with an increase of 88% against the previous year. As a result, imports attained the peak of $9.1M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 4,237 | 8,540 | 857 | 544 | -49.6% |
| Poland | 104 | 78.7 | 64.2 | 128 | 7.2% |
| Italy | 34.3 | 60.7 | 82.7 | 78.3 | 31.7% |
| Estonia | 98.8 | 3.5 | 278 | 16.3 | -45.2% |
| Others | 401 | 466 | 385 | 179 | -23.6% |
| Total | 4,876 | 9,149 | 1,667 | 945 | -42.1% |
Top Suppliers of Leguminous Vegetables; Shelled or Unshelled, Fresh or Chilled to Latvia in 2022:
- Lithuania (1646.6 tons)
- Poland (77.1 tons)
- Estonia (41.4 tons)
- Italy (29.2 tons)
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