Latvia: Market for Meat of Camels and Other Animals 2025

Market Size for Meat of Camels and Other Animals in Latvia

The Latvian market for meat of camels and other animals dropped modestly to $X in 2022, waning by -1.8% against the previous year. Over the period under review, consumption, however, saw a mild increase. Camel and other animal meat consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Meat of Camels and Other Animals in Latvia

In value terms, camel and other animal meat production soared to $X in 2022 estimated in export price. Overall, production, however, enjoyed a measured increase. The pace of growth was the most pronounced in 2017 with an increase of 94% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Exports of Meat of Camels and Other Animals

Exports from Latvia

After three years of decline, shipments abroad of meat of camels and other animals increased by 201% to X tons in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. Over the period under review, the exports attained the maximum at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, camel and other animal meat exports skyrocketed to $X in 2022. Overall, exports, however, recorded a perceptible curtailment. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Estonia (X tons) was the main destination for camel and other animal meat exports from Latvia, with a 93% share of total exports. Moreover, camel and other animal meat exports to Estonia exceeded the volume sent to the second major destination, Lithuania (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Estonia amounted to +13.7%.

In value terms, Estonia ($X) emerged as the key foreign market for meat of camels and other animals exports from Latvia, comprising 77% of total exports. The second position in the ranking was held by Lithuania ($X), with a 23% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Estonia totaled +16.7%.

Export Prices by Country

The average export price for meat of camels and other animals stood at $X per ton in 2022, waning by -27.3% against the previous year. Over the period under review, the export price saw a mild decline. The most prominent rate of growth was recorded in 2017 an increase of 99%. The export price peaked at $X per ton in 2020; however, from 2021 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 ($X per ton), while the average price for exports to Estonia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+6.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Meat of Camels and Other Animals

Imports into Latvia

In 2022, overseas purchases of meat of camels and other animals increased by 51% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of 1,478% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, camel and other animal meat imports skyrocketed to $X in 2022. Overall, imports posted a prominent increase. The growth pace was the most rapid in 2013 with an increase of 972% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Lithuania (X tons), Estonia (X tons) and Spain (X tons) were the main suppliers of camel and other animal meat imports to Latvia, together accounting for 81% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +55.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest camel and other animal meat suppliers to Latvia were Germany ($X), Spain ($X) and Lithuania ($X), with a combined 75% share of total imports.

In terms of the main suppliers, Spain, with a CAGR of +41.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for meat of camels and other animals amounted to $X per ton, surging by 23% against the previous year. Overall, the import price, however, recorded a pronounced reduction. The pace of growth was the most pronounced in 2020 when the average import price increased by 57% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform