Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Latvia - 2023
Contents:
- Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Latvia (CIF) - 2023
- Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Latvia (FOB) - 2022
- Imports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Latvia
- Exports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Latvia
Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Latvia (CIF) - 2023
In October 2023, the average import price for fresh or chilled lettuce, other than cabbage lettuce amounted to $4,131 per ton, picking up by 3.6% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.2%. The pace of growth was the most pronounced in February 2023 when the average import price increased by 14% month-to-month. As a result, import price attained the peak level of $4,604 per ton. From March 2023 to October 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Sweden ($10,403 per ton), while the price for the Netherlands ($1,956 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Sweden (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Latvia (FOB) - 2022
The average export price for fresh or chilled lettuce, other than cabbage lettuce stood at $4,454 per ton in 2022, declining by -18.5% against the previous year. Over the period under review, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when the average export price increased by 35% against the previous year. Over the period under review, the average export prices reached the maximum at $5,845 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($5,377 per ton), while the average price for exports to Estonia totaled $4,217 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+7.6%).
Imports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Latvia
In 2022, approx. 1.8K tons of fresh or chilled lettuce, other than cabbage lettuce were imported into Latvia; picking up by 27% on 2021 figures. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +13.6% 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 +51.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of fresh or chilled lettuce, other than cabbage lettuce surged to $6.6M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +11.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 25%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 17.5 | 9.4 | 230 | 1,162 | 304.9% |
| Sweden | 1,655 | 1,405 | 1,509 | 1,122 | -12.2% |
| Estonia | 853 | 907 | 966 | 1,035 | 6.7% |
| Italy | 794 | 847 | 1,092 | 1,020 | 8.7% |
| Lithuania | 443 | 465 | 701 | 828 | 23.2% |
| Spain | 669 | 560 | 664 | 697 | 1.4% |
| Poland | 8.6 | 54.3 | 190 | 515 | 291.2% |
| Netherlands | 337 | 303 | 346 | 259 | -8.4% |
| Others | 7.2 | 2.4 | 5.5 | 2.1 | -33.7% |
| Total | 4,785 | 4,553 | 5,704 | 6,641 | 11.5% |
Top Suppliers of Fresh or Chilled Lettuce, Other than Cabbage Lettuce to Latvia in 2022:
- Germany (311.7 tons)
- Spain (310.0 tons)
- Lithuania (300.1 tons)
- Italy (223.1 tons)
- Poland (193.7 tons)
- Estonia (179.7 tons)
- Netherlands (156.2 tons)
- Sweden (144.5 tons)
Exports of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Latvia
In 2022, approx. 226 tons of fresh or chilled lettuce, other than cabbage lettuce were exported from Latvia; rising by 24% compared with the year before. The total export volume increased at an average annual rate of +8.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of fresh or chilled lettuce, other than cabbage lettuce reached $1M in 2022. The total export value increased at an average annual rate of +1.1% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 19%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the near future.
| Export of Fresh or Chilled Lettuce, Other than Cabbage Lettuce in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 804 | 539 | 648 | 757 | -2.0% |
| Lithuania | 170 | 288 | 344 | 248 | 13.4% |
| Others | N/A | 3.4 | 0.3 | N/A | -91.2% |
| Total | 974 | 830 | 992 | 1,005 | 1.0% |
Top Export Markets for Fresh or Chilled Lettuce, Other than Cabbage Lettuce from Latvia in 2022:
- Estonia (179.6 tons)
- Lithuania (46.1 tons)
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