Price for Crustacean Preparations; Lobster, Prepared or Preserved in Latvia - 2023
Contents:
- Price for Crustacean Preparations; Lobster, Prepared or Preserved in Latvia (CIF) - 2022
- Price for Crustacean Preparations; Lobster, Prepared or Preserved in Latvia (FOB) - 2022
- Imports of Crustacean Preparations; Lobster, Prepared or Preserved in Latvia
- Exports of Crustacean Preparations; Lobster, Prepared or Preserved in Latvia
Price for Crustacean Preparations; Lobster, Prepared or Preserved in Latvia (CIF) - 2022
In 2022, the average import price for crustacean preparations; lobster, prepared or preserveds amounted to $20,734 per ton, picking up by 9.9% against the previous year. Overall, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when the average import price increased by 133% against the previous year. The import price peaked at $21,189 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($32,870 per ton), while the price for Denmark ($18,563 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Crustacean Preparations; Lobster, Prepared or Preserved in Latvia (FOB) - 2022
In 2022, the average export price for crustacean preparations; lobster, prepared or preserveds amounted to $14,138 per ton, rising by 4.4% against the previous year. Over the period under review, the export price recorded perceptible growth. The most prominent rate of growth was recorded in 2018 an increase of 22%. Over the period under review, the average export prices hit record highs at $21,208 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($16,328 per ton), while the average price for exports to Uzbekistan ($1,769 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 (+3.3%).
Imports of Crustacean Preparations; Lobster, Prepared or Preserved in Latvia
Imports of crustacean preparations; lobster, prepared or preserveds into Latvia surged to 704 kg in 2022, growing by 116% against the year before. In general, imports enjoyed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 194%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of crustacean preparations; lobster, prepared or preserveds soared to $15K in 2022. Over the period under review, imports recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 174% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.
| Import of Crustacean Preparations; Lobster, Prepared or Preserved in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.1 | 2.2 | 3.1 | 7.3 | 33.0% |
| Denmark | N/A | N/A | 2.2 | 5.0 | 127.3% |
| Belgium | 3.3 | N/A | 0.8 | 2.3 | -11.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.5 | 2.2 | 6.2 | 14.6 | 31.0% |
Top Suppliers of Crustacean Preparations; Lobster, Prepared or Preserved to Latvia in 2022:
- Germany (363.0 kg)
- Denmark (272.0 kg)
- Belgium (69.0 kg)
Exports of Crustacean Preparations; Lobster, Prepared or Preserved in Latvia
In 2022, approx. 260 kg of crustacean preparations; lobster, prepared or preserveds were exported from Latvia; increasing by 356% compared with the previous year. Overall, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of crustacean preparations; lobster, prepared or preserveds soared to $3.7K in 2022. In general, exports posted a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Crustacean Preparations; Lobster, Prepared or Preserved in Latvia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 1,919 | 303 | N/A | 1,992 | 1.3% |
| Lithuania | 223 | 367 | 772 | 1,661 | 95.3% |
| Uzbekistan | N/A | N/A | N/A | 23.0 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2,142 | 670 | 772 | 3,676 | 19.7% |
Top Export Markets for Crustacean Preparations; Lobster, Prepared or Preserved from Latvia in 2022:
- Lithuania (125.0 kg)
- Estonia (122.0 kg)
- Uzbekistan (13.0 kg)
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This report provides an in-depth analysis of the market for prepared or preserved crab meat in Latvia.
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This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
267
This report provides an in-depth analysis of the market for prepared or preserved crab meat in Latvia.
514
This report provides an in-depth analysis of the global market for prepared or preserved crab meat.
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