
Latvia - Broad Beans and Horse Beans (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLatvia: Market for Broad Beans And Horse Beans (Dry) 2025
Market Size for Broad Beans And Horse Beans (Dry) in Latvia
The Latvian market for broad beans and horse beans (dry) surged to $X in 2022, picking up by 1,736% against the previous year. Overall, consumption, however, continues to indicate a slight decrease. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.
Production of Broad Beans And Horse Beans (Dry) in Latvia
In value terms, broad bean and horse bean production stood at $X in 2022 estimated in export price. Overall, production showed a strong expansion. The pace of growth was the most pronounced in 2018 when the production volume increased by 172%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.
In 2022, the average broad bean and horse bean yield in Latvia skyrocketed to X tons per ha, growing by 96% against the previous year. Over the period under review, the yield continues to indicate a slight increase. The broad bean and horse bean yield peaked at X tons per ha in 2020; however, from 2021 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2022, the harvested area of broad beans and horse beans (dry) in Latvia declined to X ha, waning by -7.3% against 2021. In general, the harvested area recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. Over the period under review, the harvested area dedicated to broad bean and horse bean production attained the peak figure at X ha in 2018; however, from 2019 to 2022, the harvested area stood at a somewhat lower figure.
Exports of Broad Beans And Horse Beans (Dry)
Exports from Latvia
In 2022, the amount of broad beans and horse beans (dry) exported from Latvia shrank rapidly to X tons, dropping by -38% against the year before. Overall, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2013 with an increase of 762% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.
In value terms, broad bean and horse bean exports reduced remarkably to $X in 2022. In general, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 592%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.
Exports by Country
Egypt (X tons) was the main destination for broad bean and horse bean exports from Latvia, with a 66% share of total exports. Moreover, broad bean and horse bean exports to Egypt exceeded the volume sent to the second major destination, Germany (X tons), sixfold. The Netherlands (X tons) ranked third in terms of total exports with a 6.9% share.
From 2012 to 2022, the average annual rate of growth in terms of volume to Egypt stood at +25.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+65.2% per year) and the Netherlands (+3.8% per year).
In value terms, Egypt ($X) remains the key foreign market for broad beans and horse beans (dry) exports from Latvia, comprising 68% of total exports. The second position in the ranking was held by Germany ($X), with an 11% share of total exports. It was followed by Spain, with a 7% share.
From 2012 to 2022, the average annual rate of growth in terms of value to Egypt amounted to +37.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+60.8% per year) and Spain (+10.0% per year).
Export Prices by Country
The average export price for broad beans and horse beans (dry) stood at $X per ton in 2022, rising by 23% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 26%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Egypt ($X per ton) and Spain ($X per ton), while the average price for exports to the Netherlands ($X per ton) and Denmark ($X per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Broad Beans And Horse Beans (Dry)
Imports into Latvia
After two years of growth, overseas purchases of broad beans and horse beans (dry) decreased by -19.8% to X tons in 2022. Overall, imports, however, posted significant growth. The pace of growth was the most pronounced in 2015 with an increase of 5,291%. Over the period under review, imports hit record highs at X tons in 2021, and then contracted rapidly in the following year.
In value terms, broad bean and horse bean imports dropped modestly to $X in 2022. Over the period under review, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 1,839%. Over the period under review, imports reached the peak figure at $X in 2021, and then dropped in the following year.
Imports by Country
In 2022, Lithuania (X tons) was the main supplier of broad bean and horse bean to Latvia, with a 96% share of total imports. It was followed by Estonia (X tons), with a 3.1% share of total imports.
From 2012 to 2022, the average annual growth rate of volume from Lithuania stood at +138.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Estonia (+26.8% per year) and Ukraine (0.0% per year).
In value terms, Lithuania ($X) constituted the largest supplier of broad beans and horse beans (dry) to Latvia, comprising 96% of total imports. The second position in the ranking was held by Estonia ($X), with a 3.4% share of total imports.
From 2012 to 2022, the average annual growth rate of value from Lithuania amounted to +134.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Estonia (+40.9% per year) and Ukraine (0.0% per year).
Import Prices by Country
The average import price for broad beans and horse beans (dry) stood at $X per ton in 2022, with an increase of 19% against the previous year. Over the period under review, the import price, however, faced a abrupt slump. The pace of growth appeared the most rapid in 2018 an increase of 20%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Estonia ($X per ton), while the price for Lithuania ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+11.1%).
Source: IndexBox Platform
This report provides an in-depth analysis of the market for broad bean and horse bean 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 181 - Broad beans, 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
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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 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Area Harvested, 2012–2024
- Yield, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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