Starch; Manioc (Cassava) Price in Latvia - 2023

Contents:

  1. Starch; Manioc (Cassava) Price in Latvia (CIF) - 2022
  2. Starch; Manioc (Cassava) Price in Latvia (FOB) - 2022
  3. Starch; Manioc (Cassava) Imports in Latvia
  4. Starch; Manioc (Cassava) Exports in Latvia

Starch; Manioc (Cassava) Price in Latvia (CIF) - 2022

The average starch; manioc (cassava) import price stood at $1,767 per ton in 2022, picking up by 5.4% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 20%. The import price peaked at $2,133 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($2,052 per ton), while the price for Poland totaled $1,750 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.6%).

Starch; Manioc (Cassava) Price in Latvia (FOB) - 2022

In 2022, the average starch; manioc (cassava) export price amounted to $2,412 per ton, declining by -51.8% against the previous year. Over the period under review, the export price, however, enjoyed a mild increase. The pace of growth was the most pronounced in 2014 an increase of 24% against the previous year. The export price peaked at $5,667 per ton in 2016; however, from 2017 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 Lithuania ($9,000 per ton), while the average price for exports to Russia stood at $2,388 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+16.2%).

Starch; Manioc (Cassava) Imports in Latvia

In 2022, overseas purchases of starch; manioc (cassava)s decreased by -70.6% to 1.1 tons, falling for the second consecutive year after two years of growth. Overall, imports showed a precipitous shrinkage. The growth pace was the most rapid in 2020 with an increase of 96%. As a result, imports reached the peak of 7.2 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, starch; manioc (cassava) imports declined rapidly to $1.9K in 2022. Over the period under review, imports recorded a significant decrease. The growth pace was the most rapid in 2020 with an increase of 96% against the previous year. As a result, imports attained the peak of $10K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Starch; Manioc (Cassava) in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PolandN/AN/AN/A1.80%
Germany0.30.30.20.1-30.7%
Thailand4.89.75.8N/A9.9%
OthersN/AN/AN/AN/A0%
Total5.110.06.01.9-28.0%

Top Suppliers of Starch; Manioc (Cassava) to Latvia in 2022:

  1. Poland (1000.0 kg)
  2. Germany (58.0 kg)

Starch; Manioc (Cassava) Exports in Latvia

In 2022, exports of starch; manioc (cassava)s from Latvia soared to 277 kg, with an increase of 13,750% on the previous year. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, starch; manioc (cassava) exports soared to $668 in 2022. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Starch; Manioc (Cassava) in Latvia (USD)
COUNTRY20212022CAGR,
2021-2022
RussiaN/A6590%
Others10.09.0-10.0%
Total10.06686580.0%

Top Export Markets for Starch; Manioc (Cassava) from Latvia in 2022:

  1. Russia (276.0 kg)

Source: IndexBox Market Intelligence Platform

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