Latvia - Mackerel (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPreserved Mackerel Price in Latvia - 2023
Contents:
- Preserved Mackerel Price in Latvia (FOB) - 2023
- Preserved Mackerel Price in Latvia (CIF) - 2023
- Preserved Mackerel Exports in Latvia
- Preserved Mackerel Imports in Latvia
Preserved Mackerel Price in Latvia (FOB) - 2023
In September 2023, the average preserved mackerel export price amounted to $3,074 per ton, shrinking by -17.6% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 57% month-to-month. The export price peaked at $4,220 per ton in May 2023; however, from June 2023 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($8,453 per ton), while the average price for exports to Sweden ($1,756 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Mackerel Price in Latvia (CIF) - 2023
The average preserved mackerel import price stood at $4,615 per ton in September 2023, with a decrease of -10.2% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.7%. The pace of growth appeared the most rapid in May 2023 an increase of 83% month-to-month. As a result, import price attained the peak level of $5,336 per ton. From June 2023 to September 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($7,616 per ton), while the price for Poland ($4,461 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Lithuania (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Mackerel Exports in Latvia
In 2022, the amount of mackerel (prepared or preserved) exported from Latvia soared to 8.7K tons, picking up by 31% on 2021 figures. The total export volume increased at an average annual rate of +9.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, preserved mackerel exports shrank to $24M in 2022. In general, exports, however, recorded a deep setback. The pace of growth appeared the most rapid in 2020 when exports increased by 26% against the previous year. As a result, the exports reached the peak of $40M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Preserved Mackerel in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 8.1 | 11.0 | 10.6 | 7.6 | -2.1% |
| Denmark | 5.5 | 7.0 | 6.1 | 5.3 | -1.2% |
| Germany | 0.8 | 1.4 | 3.9 | 4.7 | 80.4% |
| Lithuania | 1.1 | 1.2 | 1.0 | 1.0 | -3.1% |
| Ukraine | 0.2 | 0.4 | 0.3 | 0.9 | 65.1% |
| Estonia | 0.3 | 0.4 | 0.5 | 0.7 | 32.6% |
| Netherlands | 2.7 | 7.9 | 0.5 | 0.3 | -51.9% |
| Uzbekistan | 0.2 | 0.2 | 0.1 | 0.2 | 0.0% |
| United Kingdom | 8.8 | 7.2 | 0.6 | 0.1 | -77.5% |
| Others | 4.0 | 3.1 | 2.3 | 3.7 | -2.6% |
| Total | 31.7 | 39.9 | 25.8 | 24.5 | -8.2% |
Top Export Markets for Preserved Mackerel from Latvia in 2022:
- Sweden (3789.2 tons)
- Denmark (2269.6 tons)
- Germany (763.7 tons)
- Ukraine (292.5 tons)
- Lithuania (279.4 tons)
- Uzbekistan (181.7 tons)
- Estonia (175.4 tons)
- Netherlands (51.6 tons)
- United Kingdom (20.4 tons)
Preserved Mackerel Imports in Latvia
In 2022, preserved mackerel imports into Latvia rose rapidly to 351 tons, with an increase of 6.7% on 2021 figures. In general, imports posted a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 154%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, preserved mackerel imports soared to $1.4M in 2022. Overall, imports recorded significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 126% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Preserved Mackerel in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 282 | 335 | 611 | 965 | 50.7% |
| Lithuania | 100 | 91.9 | 362 | 258 | 37.2% |
| Germany | 47.0 | 9.1 | 33.6 | 132 | 41.1% |
| Others | 13.6 | 13.4 | 8.9 | 11.2 | -6.3% |
| Total | 442 | 449 | 1,016 | 1,367 | 45.7% |
Top Suppliers of Preserved Mackerel to Latvia in 2022:
- Poland (237.1 tons)
- Lithuania (80.2 tons)
- Germany (31.1 tons)
This report provides an in-depth analysis of the preserved mackerel 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:
- Prodcom 10202550 - Prepared or preserved mackerel, whole or in pieces (excluding minced products and prepared meals and dishes)
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.
-
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
-
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
-
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
-
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
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
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 VOLUME AND VALUE
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
-
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
-
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
- 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
- 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
49
This report provides an in-depth analysis of the preserved mackerel market in Latvia.
32
This report provides an in-depth analysis of the market for prepared or preserved fish and dishes in Latvia.
97
This report provides an in-depth analysis of the preserved anchovies market in Latvia.
132
This report provides an in-depth analysis of the caviar (sturgeon) market in Latvia.
121
This report provides an in-depth analysis of the market for caviar (salmon) and caviar substitutes in Latvia.
99
This report provides an in-depth analysis of the preserved herring market in Latvia.
95
This report provides an in-depth analysis of the preserved salmon market in Latvia.
139
This report provides an in-depth analysis of the preserved sardines market in Latvia.
80
This report provides an in-depth analysis of the preserved tuna market in Latvia.
64
This report provides an in-depth analysis of the battered fish fillet market in Latvia.
92
Discover the top 10 countries leading the global import market for Prepared or Preserved Fish and Dishes. Learn about the key players and import values in 2023.
89
Explore the top import markets for preserved tuna in 2023, including the United States, Italy, Spain, France, and more. Find out key statistics and insights on the global tuna market.
103
Global demand for fish fillets in batter or breadcrumbs is projected to rise in the coming years. The market is expected to see growth in both volume and value terms, with China, the United States, and Japan leading in consumption and production. Imports and exports of battered fish fillets are also expected to increase, with notable fluctuations in trends.
92
Discover the top 10 countries leading the global import market for Prepared or Preserved Fish and Dishes. Learn about the key players and import values in 2023.
89
Explore the top import markets for preserved tuna in 2023, including the United States, Italy, Spain, France, and more. Find out key statistics and insights on the global tuna market.
103
Global demand for fish fillets in batter or breadcrumbs is projected to rise in the coming years. The market is expected to see growth in both volume and value terms, with China, the United States, and Japan leading in consumption and production. Imports and exports of battered fish fillets are also expected to increase, with notable fluctuations in trends.
