Concentrated Orange Juice Price in Latvia - 2023
Contents:
- Concentrated Orange Juice Price in Latvia (CIF) - 2022
- Concentrated Orange Juice Price in Latvia (FOB) - 2022
- Concentrated Orange Juice Imports in Latvia
- Concentrated Orange Juice Exports in Latvia
Concentrated Orange Juice Price in Latvia (CIF) - 2022
In 2022, the average concentrated orange juice import price amounted to $2,036 per ton, growing by 8.7% against the previous year. Over the period under review, the import price, however, saw a slight slump. The growth pace was the most rapid in 2017 when the average import price increased by 12% against the previous year. Over the period under review, average import prices attained the peak figure at $2,461 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lithuania ($3,874 per ton), while the price for Austria ($821 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+15.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Concentrated Orange Juice Price in Latvia (FOB) - 2022
The average concentrated orange juice export price stood at $2,962 per ton in 2022, waning by -13.6% against the previous year. Over the period under review, the export price, however, saw strong growth. The pace of growth appeared the most rapid in 2019 an increase of 66% against the previous year. Over the period under review, the average export prices hit record highs at $3,428 per ton in 2021, and then shrank in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($3,263 per ton), while the average price for exports to Uzbekistan ($803 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 Estonia (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.
Concentrated Orange Juice Imports in Latvia
In 2022, the amount of concentrated orange juice imported into Latvia declined dramatically to 642 tons, reducing by -21.8% against the previous year. Over the period under review, imports recorded a abrupt shrinkage. The smallest decline of -0.1% was in 2020.
In value terms, concentrated orange juice imports fell to $1.3M in 2022. In general, imports continue to indicate a abrupt decrease. The smallest decline of -2.8% was in 2021.
| Import of Concentrated Orange Juice in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 1,058 | 834 | 669 | 638 | -15.5% |
| Brazil | 56.0 | N/A | 376 | 340 | 82.4% |
| Netherlands | 98.8 | 141 | 169 | 161 | 17.7% |
| Poland | 79.7 | 56.5 | 61.4 | 60.2 | -8.9% |
| Estonia | 48.1 | 36.6 | 34.7 | 23.3 | -21.5% |
| Austria | 11.5 | 20.2 | 20.0 | 18.6 | 17.4% |
| Israel | 176 | 173 | 133 | 15.4 | -55.6% |
| Argentina | 140 | 264 | 35.7 | N/A | -49.5% |
| Others | 111 | 56.4 | 37.8 | 49.8 | -23.4% |
| Total | 1,779 | 1,581 | 1,537 | 1,306 | -9.8% |
Top Suppliers of Concentrated Orange Juice to Latvia in 2022:
- Mexico (280.8 tons)
- Brazil (182.8 tons)
- Netherlands (56.7 tons)
- Poland (56.3 tons)
- Austria (22.7 tons)
- Estonia (15.9 tons)
- Israel (10.6 tons)
Concentrated Orange Juice Exports in Latvia
In 2022, the amount of concentrated orange juice exported from Latvia surged to 75 tons, with an increase of 139% against 2021. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, concentrated orange juice exports skyrocketed to $223K in 2022. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Concentrated Orange Juice in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 37.8 | 78.7 | 67.9 | 174 | 66.3% |
| Estonia | 22.9 | 50.8 | 40.1 | 47.5 | 27.5% |
| Uzbekistan | N/A | N/A | N/A | 1.5 | 0% |
| Kazakhstan | 4.1 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 0.4 | 0% |
| Total | 64.9 | 130 | 108 | 223 | 50.9% |
Top Export Markets for Concentrated Orange Juice from Latvia in 2022:
- Lithuania (59.0 tons)
- Estonia (14.6 tons)
- Uzbekistan (1.8 tons)
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