Price for Frozen Domestic Ducks, Not Cut in Pieces in Latvia - 2023

Contents:

  1. Price for Frozen Domestic Ducks, Not Cut in Pieces in Latvia (CIF) - 2022
  2. Price for Frozen Domestic Ducks, Not Cut in Pieces in Latvia (FOB) - 2022
  3. Imports of Frozen Domestic Ducks, Not Cut in Pieces in Latvia
  4. Exports of Frozen Domestic Ducks, Not Cut in Pieces in Latvia

Price for Frozen Domestic Ducks, Not Cut in Pieces in Latvia (CIF) - 2022

The average import price for frozen domestic ducks, not cut in pieceses stood at $4,467 per ton in 2022, increasing by 51% against the previous year. Over the period under review, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for frozen domestic ducks, not cut in pieceses increased by +89.1% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Hungary ($4,818 per ton) and Lithuania ($4,762 per ton), while the price for Poland ($3,923 per ton) and Estonia ($3,984 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+20.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Frozen Domestic Ducks, Not Cut in Pieces in Latvia (FOB) - 2022

The average export price for frozen domestic ducks, not cut in pieceses stood at $3,840 per ton in 2022, with an increase of 20% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 64%. The export price peaked in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($4,427 per ton), while the average price for exports to the Netherlands ($2,817 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 (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Frozen Domestic Ducks, Not Cut in Pieces in Latvia

Imports of frozen domestic ducks, not cut in pieceses into Latvia soared to 124 tons in 2022, growing by 40% on 2021 figures. In general, imports showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 46% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of frozen domestic ducks, not cut in pieceses surged to $555K in 2022. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Frozen Domestic Ducks, Not Cut in Pieces in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary1.41.61.0288490.3%
Poland68.160.310317135.9%
Lithuania10.617.919.351.369.1%
Germany2.13.0N/A24.3126.2%
Netherlands65.372.211413.9-40.3%
Estonia5.70.616.05.70.0%
OthersN/A1.910.4N/A447.4%
Total15315726355553.7%

Top Suppliers of Frozen Domestic Ducks, Not Cut in Pieces to Latvia in 2022:

  1. Hungary (59.8 tons)
  2. Poland (43.7 tons)
  3. Lithuania (10.8 tons)
  4. Germany (5.5 tons)
  5. Netherlands (2.9 tons)
  6. Estonia (1.4 tons)

Exports of Frozen Domestic Ducks, Not Cut in Pieces in Latvia

Exports of frozen domestic ducks, not cut in pieceses from Latvia surged to 56 tons in 2022, rising by 35% compared with the previous year. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +75.8% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of frozen domestic ducks, not cut in pieceses skyrocketed to $213K in 2022. Overall, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Frozen Domestic Ducks, Not Cut in Pieces in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech RepublicN/AN/AN/A1580%
Lithuania79.286.196.621.0-35.8%
NetherlandsN/AN/A2.619.1634.6%
Estonia6.56.431.612.825.3%
OthersN/AN/AN/A1.90%
Total85.792.513121335.5%

Top Export Markets for Frozen Domestic Ducks, Not Cut in Pieces from Latvia in 2022:

  1. Czech Republic (40.2 tons)
  2. Netherlands (6.8 tons)
  3. Lithuania (4.7 tons)
  4. Estonia (3.0 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Meat and edible offal; of turkeys, poultry cuts and offal (excluding livers), frozen - Latvia