Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Latvia - 2023

Contents:

  1. Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Latvia (CIF) - 2022
  2. Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Latvia (FOB) - 2022
  3. Imports of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Latvia
  4. Exports of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Latvia

Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Latvia (CIF) - 2022

In 2022, the average import price for nuts, edible; coconuts, in the inner shell (endocarp)s amounted to $2,607 per ton, increasing by 77% against the previous year. Over the period under review, the import price recorded strong growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Germany ($3,527 per ton), while the price for the Netherlands ($1,920 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Latvia (FOB) - 2022

The average export price for nuts, edible; coconuts, in the inner shell (endocarp)s stood at $5,167 per ton in 2022, surging by 23% against the previous year. Overall, the export price saw a remarkable increase. The most prominent rate of growth was recorded in 2016 an increase of 171% against the previous year. The export price peaked at $7,826 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($5,246 per ton), while the average price for exports to Estonia totaled $5,019 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+18.6%).

Imports of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Latvia

In 2022, approx. 21 tons of nuts, edible; coconuts, in the inner shell (endocarp)s were imported into Latvia; surging by 15% on the year before. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 42% against the previous year.

In value terms, imports of nuts, edible; coconuts, in the inner shell (endocarp)s skyrocketed to $54K in 2022. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium16.34.48.532.125.3%
Netherlands11.813.413.515.49.3%
Germany1.21.24.56.575.6%
Others0.20.10.10.314.5%
Total29.519.126.654.322.6%

Top Suppliers of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) to Latvia in 2022:

  1. Belgium (10.8 tons)
  2. Netherlands (8.0 tons)
  3. Germany (1.8 tons)

Exports of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Latvia

In 2022, approx. 3.2 tons of nuts, edible; coconuts, in the inner shell (endocarp)s were exported from Latvia; with an increase of 489% against the previous year's figure. In general, exports saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 2,625% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of nuts, edible; coconuts, in the inner shell (endocarp)s skyrocketed to $17K in 2022. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 2,826%. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania0.10.11.911.0379.1%
EstoniaN/AN/A0.45.61300.0%
OthersN/AN/AN/AN/A0%
Total0.10.12.316.6449.6%

Top Export Markets for Nuts, Edible; Coconuts, in the Inner Shell (Endocarp) from Latvia in 2022:

  1. Lithuania (2.1 tons)
  2. Estonia (1.1 tons)

Source: IndexBox Market Intelligence Platform

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