Concentrated Pineapple Juice Price in Latvia - 2023
Contents:
- Concentrated Pineapple Juice Price in Latvia (CIF) - 2022
- Concentrated Pineapple Juice Price in Latvia (FOB) - 2022
- Concentrated Pineapple Juice Imports in Latvia
- Concentrated Pineapple Juice Exports in Latvia
Concentrated Pineapple Juice Price in Latvia (CIF) - 2022
The average concentrated pineapple juice import price stood at $2,992 per ton in 2022, picking up by 23% against the previous year. Overall, import price indicated resilient growth 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, concentrated pineapple juice import price increased by +91.0% against 2019 indices. The growth pace was the most rapid in 2016 an increase of 48%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.
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 Estonia ($3,288 per ton), while the price for the Netherlands ($590 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Concentrated Pineapple Juice Price in Latvia (FOB) - 2022
In 2022, the average concentrated pineapple juice export price amounted to $1,290 per ton, approximately mirroring the previous year. In general, the export price, however, saw a moderate expansion. Over the period under review, the average export prices hit record highs at $1,291 per ton in 2021, and then declined in the following year.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +18.8% per year.
Concentrated Pineapple Juice Imports in Latvia
In 2022, the amount of concentrated pineapple juice imported into Latvia rose remarkably to 195 tons, increasing by 12% on the year before. The total import volume increased at an average annual rate of +6.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 24% against the previous year. As a result, imports reached the peak of 202 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, concentrated pineapple juice imports skyrocketed to $582K in 2022. In general, imports posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 38% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.
| Import of Concentrated Pineapple Juice in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 137 | 157 | 222 | 344 | 35.9% |
| China | 53.0 | 93.1 | 93.1 | 114 | 29.1% |
| Lithuania | 53.1 | 93.0 | 93.5 | 113 | 28.6% |
| Austria | 1.9 | 2.5 | 2.8 | 4.6 | 34.3% |
| Others | 10.7 | 7.5 | 11.7 | 7.7 | -10.4% |
| Total | 255 | 353 | 423 | 582 | 31.7% |
Top Suppliers of Concentrated Pineapple Juice to Latvia in 2022:
- Estonia (104.5 tons)
- Lithuania (41.0 tons)
- China (41.0 tons)
- Austria (4.6 tons)
Concentrated Pineapple Juice Exports in Latvia
In 2022, the amount of concentrated pineapple juice exported from Latvia declined notably to 534 kg, waning by -50% compared with 2021 figures. In general, exports showed a sharp decrease.
In value terms, concentrated pineapple juice exports reduced remarkably to $689 in 2022. Over the period under review, exports faced a significant decrease.
| Export of Concentrated Pineapple Juice in Latvia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Netherlands | 209 | 689 | 229.7% | ||
| Israel | 1,168 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 1,377 | 689 | -50.0% | ||
Top Export Markets for Concentrated Pineapple Juice from Latvia in 2022:
- Netherlands (534.0 kg)
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