Latvia: Lettuce And Chicory Market 2024

Lettuce And Chicory Market Size in Latvia

The Latvian lettuce and chicory market soared to $X in 2023, growing by X% against the previous year. In general, consumption enjoyed a strong increase. Lettuce and chicory consumption peaked in 2023 and is likely to continue growth in the near future.

Lettuce And Chicory Production in Latvia

In value terms, lettuce and chicory production rose significantly to $X in 2023 estimated in export price. Over the period under review, production, however, saw moderate growth. The pace of growth appeared the most rapid in 2015 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2023, production failed to regain momentum.

The average yield of lettuce and chicory in Latvia declined notably to X tons per ha in 2023, reducing by X% on 2022 figures. Over the period under review, the yield showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 when the yield increased by X%. As a result, the yield attained the peak level of X tons per ha. From 2017 to 2023, the growth of the average lettuce and chicory yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, the total area harvested in terms of lettuce and chicory production in Latvia expanded to X ha, surging by X% on 2022 figures. In general, the harvested area recorded a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. The lettuce and chicory harvested area peaked in 2023 and is expected to retain growth in the immediate term.

Lettuce And Chicory Exports

Exports from Latvia

Lettuce and chicory exports from Latvia totaled X tons in 2023, with an increase of X% compared with 2022 figures. In general, exports showed pronounced growth. The growth pace was the most rapid in 2014 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2015 to 2023, the growth of the exports failed to regain momentum.

In value terms, lettuce and chicory exports soared to $X in 2023. Overall, exports enjoyed resilient growth. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Estonia (X tons) was the main destination for lettuce and chicory exports from Latvia, with a X% share of total exports. Moreover, lettuce and chicory exports to Estonia exceeded the volume sent to the second major destination, Lithuania (X tons), sixfold.

From 2012 to 2023, the average annual growth rate of volume to Estonia stood at X%.

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

From 2012 to 2023, the average annual rate of growth in terms of value to Estonia totaled X%.

Export Prices by Country

The average lettuce and chicory export price stood at $X per ton in 2023, picking up by X% against the previous year. Overall, the export price continues to indicate a resilient increase. The pace of growth was the most pronounced in 2015 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure in 2023 and is likely to continue growth in years to come.

Average prices varied noticeably for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Estonia ($X per ton), while the average price for exports to Lithuania amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Lettuce And Chicory Imports

Imports into Latvia

In 2023, approx. X tons of lettuce and chicory were imported into Latvia; with an increase of X% on the year before. The total import volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 when imports increased by X%. Over the period under review, imports hit record highs in 2023 and are likely to continue growth in years to come.

In value terms, lettuce and chicory imports soared to $X in 2023. In general, imports showed a strong expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. Imports peaked in 2023 and are likely to see steady growth in the immediate term.

Imports by Country

Lithuania (X tons), Spain (X tons) and Italy (X tons) were the main suppliers of lettuce and chicory imports to Latvia, together comprising X% of total imports. Poland, Germany, Estonia, the Netherlands and Sweden lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Lithuania ($X), Italy ($X) and Spain ($X) were the largest lettuce and chicory suppliers to Latvia, with a combined X% share of total imports. Estonia, Germany, Sweden, Poland and the Netherlands lagged somewhat behind, together accounting for a further X%.

Poland, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average lettuce and chicory import price amounted to $X per ton, with an increase of X% against the previous year. In general, import price indicated a moderate increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, lettuce and chicory import price increased by X% against 2016 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Sweden ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform