Latvia - Chick Peas - Market Analysis, Forecast, Size, Trends and Insights
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View PricingChick Peas Price in Latvia - 2023
Contents:
- Chick Peas Price in Latvia (CIF) - 2022
- Chick Peas Price in Latvia (FOB) - 2022
- Chick Peas Imports in Latvia
- Chick Peas Exports in Latvia
Chick Peas Price in Latvia (CIF) - 2022
The average chick peas import price stood at $1,358 per ton in 2022, rising by 6.5% against the previous year. In general, the import price, however, continues to indicate a mild setback. The pace of growth appeared the most rapid in 2021 when the average import price increased by 42%. The import price peaked at $1,791 per ton in 2013; however, from 2014 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 the Netherlands ($2,710 per ton), while the price for Turkey ($775 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Chick Peas Price in Latvia (FOB) - 2022
The average chick peas export price stood at $1,598 per ton in 2022, jumping by 38% against the previous year. In general, the export price, however, continues to indicate a noticeable curtailment. The export price peaked at $2,813 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($1,751 per ton), while the average price for exports to Estonia amounted to $1,487 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (-3.4%).
Chick Peas Imports in Latvia
In 2022, purchases abroad of chick peas was finally on the rise to reach 129 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a dramatic descent.
In value terms, chick peas imports soared to $176K in 2022. In general, imports, however, continue to indicate a dramatic decrease.
| Import of Chick Peas in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | N/A | 5.0 | N/A | 48.6 | 211.8% |
| Bulgaria | N/A | N/A | N/A | 34.2 | 0% |
| Australia | N/A | N/A | N/A | 24.5 | 0% |
| Netherlands | 26.4 | 18.3 | 16.3 | 21.2 | -7.1% |
| Lithuania | 1.4 | 0.7 | 3.6 | 18.6 | 136.8% |
| Italy | 6.8 | 8.6 | 14.2 | 13.2 | 24.7% |
| Turkey | 21.8 | 25.2 | 42.9 | 0.1 | -83.4% |
| Russia | 768 | 607 | 21.5 | N/A | -83.3% |
| Others | 18.1 | 12.1 | 33.7 | 15.2 | -5.7% |
| Total | 842 | 677 | 132 | 176 | -40.7% |
Top Suppliers of Chick Peas to Latvia in 2022:
- Argentina (44.0 tons)
- Bulgaria (31.0 tons)
- Australia (22.0 tons)
- Lithuania (11.5 tons)
- Italy (9.1 tons)
- Netherlands (7.8 tons)
- Turkey (0.1 tons)
Chick Peas Exports in Latvia
For the third consecutive year, Latvia recorded decline in shipments abroad of chick peas, which decreased by -83.5% to 5.7 tons in 2022. In general, exports saw a precipitous curtailment. The smallest decline of -1.4% was in 2020.
In value terms, chick peas exports declined significantly to $9.1K in 2022. Over the period under review, exports recorded a significant curtailment. The smallest decline of -19.1% was in 2020.
| Export of Chick Peas in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 3.2 | 6.8 | 11.3 | 4.9 | 15.3% |
| Lithuania | 728 | 585 | 28.5 | 4.2 | -82.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 731 | 591 | 39.8 | 9.1 | -76.8% |
Top Export Markets for Chick Peas from Latvia in 2022:
- Estonia (3.3 tons)
- Lithuania (2.4 tons)
This report provides an in-depth analysis of the chick peas market in Latvia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 191 - Chick-peas, dry
Country coverage:
- Latvia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Latvia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Global chick peas exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
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Global chick peas imports amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
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