Report Update Nov 1, 2024

Latvia - Crabs, not Frozen - Market Analysis, Forecast, Size, Trends and Insights

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Latvia: Crabs, Not Frozen Market 2024

Crabs, Not Frozen Market Size in Latvia

The Latvian crabs, not frozen market stood at less than $X in 2022, standing approx. at the previous year. Overall, consumption, however, showed a dramatic downturn. Crabs, not frozen consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Crabs, Not Frozen Production in Latvia

In value terms, crabs, not frozen production amounted to less than $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern.

Crabs, Not Frozen Exports

Exports from Latvia

In 2016, shipments abroad of crabs, not frozen increased by 175% to X tons, rising for the second year in a row after two years of decline. In general, exports, however, recorded a pronounced decrease. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2016, the exports failed to regain momentum.

In value terms, crabs, not frozen exports skyrocketed to $X in 2016. Overall, exports, however, showed a relatively flat trend pattern. The exports peaked at $X in 2012; however, from 2013 to 2016, the exports stood at a somewhat lower figure.

Exports by Country

Estonia (X tons) was the main destination for crabs, not frozen exports from Latvia, accounting for a 97% share of total exports. Moreover, crabs, not frozen exports to Estonia exceeded the volume sent to the second major destination, Lithuania (X kg), more than tenfold.

From 2012 to 2016, the average annual rate of growth in terms of volume to Estonia amounted to +16.0%.

In value terms, Estonia ($X) remains the key foreign market for crabs, not frozen exports from Latvia, comprising 97% of total exports. The second position in the ranking was taken by Lithuania ($X), with a 2.7% share of total exports.

From 2012 to 2016, the average annual growth rate of value to Estonia totaled +13.4%.

Export Prices by Country

In 2016, the average crabs, not frozen export price amounted to $X per ton, with an increase of 6.2% against the previous year. Over the period from 2012 to 2016, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 20% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2016, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2016, amid the top suppliers, the country with the highest price was Estonia ($X per ton), while the average price for exports to Lithuania stood at $X per ton.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (-0.1%).

Crabs, Not Frozen Imports

Imports into Latvia

In 2016, purchases abroad of crabs, not frozen increased by 52% to X tons, rising for the second year in a row after two years of decline. In general, imports, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2015 with an increase of 54%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2016, imports remained at a lower figure.

In value terms, crabs, not frozen imports skyrocketed to $X in 2016. Overall, imports, however, continue to indicate a deep reduction. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2016, imports failed to regain momentum.

Imports by Country

France (X tons), Lithuania (X kg) and Norway (X kg) were the main suppliers of crabs, not frozen imports to Latvia, together accounting for 100% of total imports.

From 2012 to 2016, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Norway (with a CAGR of 0.0%), while imports for the other leaders experienced a decline.

In value terms, France ($X) constituted the largest supplier of crabs, not frozen to Latvia, comprising 69% of total imports. The second position in the ranking was held by Lithuania ($X), with a 27% share of total imports.

From 2012 to 2016, the average annual growth rate of value from France amounted to -2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (-31.7% per year) and Norway (0.0% per year).

Import Prices by Country

The average crabs, not frozen import price stood at $X per ton in 2016, surging by 12% against the previous year. Over the last four-year period, it increased at an average annual rate of +3.3%. The most prominent rate of growth was recorded in 2013 an increase of 37% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2016, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Norway ($X per ton) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by France (+1.3%).

Source: IndexBox Platform

This report provides an in-depth analysis of the crabs, not frozen 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:

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023