Price for Wilkings and Smilar Citrus Hybrid in Latvia - 2023
Contents:
- Price for Wilkings and Smilar Citrus Hybrid in Latvia (CIF) - 2022
- Price for Wilkings and Smilar Citrus Hybrid in Latvia (FOB) - 2022
- Imports of Wilkings and Smilar Citrus Hybrid in Latvia
- Exports of Wilkings and Smilar Citrus Hybrid in Latvia
Price for Wilkings and Smilar Citrus Hybrid in Latvia (CIF) - 2022
The average import price for fruit, edible stood at $1,310 per ton in 2022, with an increase of 2% against the previous year. Over the last five-year period, it increased at an average annual rate of +7.3%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 15% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($1,580 per ton), while the price for Greece ($842 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wilkings and Smilar Citrus Hybrid in Latvia (FOB) - 2022
The average export price for fruit, edible stood at $1,628 per ton in 2022, with an increase of 2.4% against the previous year. Over the period from 2017 to 2022, it increased at an average annual rate of +5.0%. The growth pace was the most rapid in 2021 an increase of 8.6% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Lithuania.
From 2017 to 2022, the rate of growth in terms of prices for Lithuania amounted to +5.0% per year.
Imports of Wilkings and Smilar Citrus Hybrid in Latvia
For the third consecutive year, Latvia recorded decline in purchases abroad of fruit, edible, which decreased by -14.2% to 3.5K tons in 2022. In general, imports continue to indicate a deep setback. The smallest decline of -9.1% was in 2020.
In value terms, wilkings and smilar citrus hybrid imports declined to $4.6M in 2022. Overall, imports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2020 when imports increased by 1.9%. As a result, imports attained the peak of $5.8M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Wilkings and Smilar Citrus Hybrid in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 3.5 | 5.4 | 3.9 | 3.2 | -2.9% |
| Greece | 0.8 | 0.1 | 0.7 | 1.0 | 7.7% |
| Netherlands | 0.5 | 0.1 | 0.2 | 0.2 | -26.3% |
| Poland | N/A | N/A | N/A | 0.2 | 0% |
| Turkey | 0.8 | 0.2 | 0.3 | N/A | -38.8% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 5.7 | 5.8 | 5.2 | 4.6 | -6.9% |
Top Suppliers of Wilkings and Smilar Citrus Hybrid to Latvia in 2022:
- Spain (2021.9 tons)
- Greece (1165.5 tons)
- Poland (134.3 tons)
- Netherlands (129.6 tons)
- Turkey (28.4 tons)
Exports of Wilkings and Smilar Citrus Hybrid in Latvia
In 2022, shipments abroad of fruit, edible decreased by -3.2% to 1.6K tons, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 27%. As a result, the exports attained the peak of 1.9K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, wilkings and smilar citrus hybrid exports contracted to $2.7M in 2022. The total export value increased at an average annual rate of +9.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 37% against the previous year. As a result, the exports attained the peak of $2.8M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Wilkings and Smilar Citrus Hybrid in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 2.0 | 2.8 | 2.7 | 2.7 | 10.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.0 | 2.8 | 2.7 | 2.7 | 10.5% |
Top Export Markets for Wilkings and Smilar Citrus Hybrid from Latvia in 2022:
- Lithuania (1635.4 tons)
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