Latvia - Roasted Chicory And Other Roasted Coffee Substitutes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRoasted Coffee Substitutes Price in Latvia - 2023
Contents:
- Roasted Coffee Substitutes Price in Latvia (CIF) - 2022
- Roasted Coffee Substitutes Price in Latvia (FOB) - 2022
- Roasted Coffee Substitutes Imports in Latvia
- Roasted Coffee Substitutes Exports in Latvia
Roasted Coffee Substitutes Price in Latvia (CIF) - 2022
In 2022, the average roasted coffee substitutes import price amounted to $3,956 per ton, increasing by 6.3% against the previous year. In general, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, roasted coffee substitutes import price increased by +49.2% against 2018 indices. The growth pace was the most rapid in 2015 an increase of 27%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
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 Lithuania ($9,093 per ton), while the price for Ukraine ($3,281 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+27.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Roasted Coffee Substitutes Price in Latvia (FOB) - 2022
The average roasted coffee substitutes export price stood at $4,837 per ton in 2022, waning by -8.3% against the previous year. Overall, the export price showed a mild decline. The pace of growth appeared the most rapid in 2020 an increase of 342%. The export price peaked at $5,737 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($7,229 per ton), while the average price for exports to Finland ($1,474 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 Lithuania (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.
Roasted Coffee Substitutes Imports in Latvia
In 2022, roasted coffee substitutes imports into Latvia shrank to 78 tons, falling by -6.2% on the previous year. In general, imports faced a precipitous contraction.
In value terms, roasted coffee substitutes imports shrank slightly to $308K in 2022. Overall, imports faced a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of 4.2% against the previous year.
Import of Roasted Coffee Substitutes in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ukraine | 138 | 192 | 183 | 185 | 10.3% |
Estonia | 32.8 | 34.9 | 36.9 | 35.6 | 2.8% |
Lithuania | 5.9 | 7.2 | 9.0 | 29.9 | 71.8% |
Poland | 402 | 36.9 | 52.3 | 15.2 | -66.4% |
Russia | 4.4 | 8.2 | 9.5 | 14.8 | 49.8% |
Others | 12.3 | 17.1 | 18.6 | 27.6 | 30.9% |
Total | 595 | 297 | 309 | 308 | -19.7% |
Top Suppliers of Roasted Coffee Substitutes to Latvia in 2022:
- Ukraine (56.5 tons)
- Estonia (10.5 tons)
- Lithuania (3.3 tons)
- Russia (3.2 tons)
- Poland (3.0 tons)
Roasted Coffee Substitutes Exports in Latvia
In 2022, shipments abroad of roasted chicory and other roasted coffee substitutes was finally on the rise to reach 9.5 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a sharp reduction.
In value terms, roasted coffee substitutes exports skyrocketed to $46K in 2022. Over the period under review, exports, however, saw a precipitous contraction.
Export of Roasted Coffee Substitutes in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1.2 | 2.2 | 2.3 | 14.1 | 127.3% |
Estonia | 11.7 | 11.8 | 12.8 | 13.2 | 4.1% |
Lithuania | 33.5 | 6.0 | 6.7 | 5.1 | -46.6% |
Russia | N/A | N/A | N/A | 3.7 | 0% |
United States | N/A | N/A | N/A | 2.9 | 0% |
United Kingdom | 0.5 | 0.6 | 1.8 | 1.9 | 56.0% |
Finland | 0.5 | 1.1 | 0.9 | 0.8 | 17.0% |
Poland | 69.7 | N/A | N/A | N/A | 0% |
Others | 1.9 | 3.0 | 2.0 | 4.3 | 31.3% |
Total | 119 | 24.7 | 26.5 | 46.1 | -27.1% |
Top Export Markets for Roasted Coffee Substitutes from Latvia in 2022:
- Estonia (3.1 tons)
- Germany (2.6 tons)
- Russia (1.0 tons)
- Lithuania (0.7 tons)
- United States (0.5 tons)
- Finland (0.5 tons)
- United Kingdom (0.5 tons)
This report provides an in-depth analysis of the roasted coffee substitutes 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:
- Prodcom 10831270 - Roasted chicory and other roasted coffee substitutes, and extracts, essences and concentrates thereof
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
- 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 VOLUME AND VALUE
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
- 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
- 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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