Price for Uncooked Pasta Containing Eggs in Latvia - 2023
Contents:
- Price for Uncooked Pasta Containing Eggs in Latvia (CIF) - 2022
- Price for Uncooked Pasta Containing Eggs in Latvia (FOB) - 2022
- Imports of Uncooked Pasta Containing Eggs in Latvia
- Exports of Uncooked Pasta Containing Eggs in Latvia
Price for Uncooked Pasta Containing Eggs in Latvia (CIF) - 2022
The average uncooked pasta containing eggs import price stood at $2,416 per ton in 2022, with an increase of 5.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The pace of growth appeared the most rapid in 2017 an increase of 20% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.
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 ($4,520 per ton), while the price for Poland ($1,293 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Uncooked Pasta Containing Eggs in Latvia (FOB) - 2022
The average uncooked pasta containing eggs export price stood at $1,995 per ton in 2022, which is down by -16.2% against the previous year. Overall, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, uncooked pasta containing eggs export price decreased by -25.6% against 2020 indices. The pace of growth appeared the most rapid in 2020 an increase of 25% against the previous year. As a result, the export price attained the peak level of $2,683 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($4,870 per ton), while the average price for exports to Kazakhstan ($988 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 Poland (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Uncooked Pasta Containing Eggs in Latvia
In 2022, imports of uncooked pasta containing eggs into Latvia amounted to 941 tons, remaining relatively unchanged against 2021 figures. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +18.0% 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 +64.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 31%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.
In value terms, uncooked pasta containing eggs imports rose notably to $2.3M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.8% 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 +80.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 33% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Uncooked Pasta Containing Eggs in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 260 | 396 | 579 | 439 | 19.1% |
| Sweden | 129 | 270 | 468 | 432 | 49.6% |
| Germany | 94.2 | 133 | 143 | 411 | 63.4% |
| Italy | 231 | 248 | 349 | 394 | 19.5% |
| Estonia | 161 | 181 | 255 | 231 | 12.8% |
| Lithuania | 244 | 233 | 170 | 164 | -12.4% |
| China | 106 | 140 | 175 | 139 | 9.5% |
| Poland | 0.1 | 3.5 | 7.3 | 57.9 | 733.5% |
| Others | 33.4 | 14.9 | 8.3 | 6.4 | -42.3% |
| Total | 1,258 | 1,620 | 2,155 | 2,274 | 21.8% |
Top Suppliers of Uncooked Pasta Containing Eggs to Latvia in 2022:
- Sweden (252.9 tons)
- Germany (209.8 tons)
- Italy (146.6 tons)
- Ukraine (106.1 tons)
- China (72.2 tons)
- Lithuania (55.3 tons)
- Estonia (51.1 tons)
- Poland (44.8 tons)
Exports of Uncooked Pasta Containing Eggs in Latvia
For the fourth consecutive year, Latvia recorded growth in overseas shipments of uncooked pasta containing eggs, which increased by 89% to 881 tons in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, uncooked pasta containing eggs exports skyrocketed to $1.8M in 2022. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 74%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.
| Export of Uncooked Pasta Containing Eggs in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 251 | 417 | 675 | 813 | 48.0% |
| Poland | N/A | N/A | N/A | 481 | 0% |
| Lithuania | 174 | 193 | 265 | 270 | 15.8% |
| Russia | N/A | 128 | 132 | 127 | -0.4% |
| Kazakhstan | N/A | N/A | N/A | 58.9 | 0% |
| Others | 7.4 | 13.7 | 35.4 | 8.0 | 2.6% |
| Total | 432 | 752 | 1,108 | 1,758 | 59.7% |
Top Export Markets for Uncooked Pasta Containing Eggs from Latvia in 2022:
- Estonia (559.3 tons)
- Poland (123.0 tons)
- Lithuania (106.6 tons)
- Kazakhstan (59.6 tons)
- Russia (26.1 tons)
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