Market research

Butter, dairy spreads and milk fats market in Latvia, 2026

Release date: Mar 27, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The market for butter, dairy spreads, and milk fats in Latvia experienced significant volume changes between 2018 and 2023. It expanded steadily from 8 953 t in 2018 to a high of 10 566 t in 2020. This growth was followed by a minor contraction in 2021 and a more pronounced decline to 8 943 t in 2022, before recovering to 10 311 t in the following year.

Domestic production mirrored this volatility, falling to 5 180 t in 2022 before rebounding to 6 460 t in 2023. Throughout the period, imports provided substantial support to market volume, consistently supplying over 4 700 t annually from 2020 onwards.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Latvia
  1. 5.1.1. In kind, 2018-2023, K t
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, K t
  2. 5.2.2. In value, 2018-2024, M $ US
3. 5.3. Global production by Country, 2018-2023
  1. 5.3.1. Global Production by Country in kind
    1. 5.3.1.1. Annual dynamics of production by country in kind, 2018-2023, t
    2. 5.3.1.2. Structure of production by countries in kind, 2018-2023
    3. 5.3.1.3. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Latvia in kind, 2018-2025, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Latvia by countries, 2018-2025, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Latvia in value, 2018-2025, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Latvia by countries, 2018-2025, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Latvia, 2018-2025, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Latvia by countries, 2018-2025, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Latvia in kind, 2018-2025, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Latvia by countries, 2018-2025, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Latvia in value, 2018-2025, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Latvia by countries, 2018-2025, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Latvia, 2018-2025, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Latvia by countries, 2018-2025, $ US/t
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Latvia in kind, 2018-2025, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Latvia by countries, 2018-2025, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Latvia in value, 2018-2025, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Latvia by countries, 2018-2025, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Latvia, 2018-2025, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Latvia by countries, 2018-2025, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Latvia in kind, 2018-2025, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Latvia by countries, 2018-2025, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Latvia in value, 2018-2025, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Latvia by countries, 2018-2025, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Latvia, 2018-2025, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Latvia by countries, 2018-2025, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2025
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production butter, dairy spreads and milk fats in Latvia

In kind, 2018-2021, K t

Top producers of butter, dairy spreads and milk fats, 2018-2021

Source: SHEV.io

World map of production of butter, dairy spreads and milk fats, 2018-2021

Source: SHEV.io

Latvian production of butter, dairy spreads, and milk fats declined after two years of growth. In 2021, output reached 6 K t, marking a 7.7% decrease from the previous year. Over the 2018-2021 period, production fell by 3.4%, with an average annual decline of 1.2%. The peak was recorded in 2020 at 7 K t, which also saw the largest annual increase of 3.1%.

Annual dynamics of production in Latvia in kind, 2018-2021, K t

Parameter		2019	2020	2021	CAGR
1	Change from last year	1.6%	3.1%	(7.7%)	(1.2%)

Source: SHEV.io

Exports butter, dairy spreads and milk fats from Latvia

Exports in kind, t

In 2021, Latvia's cross-border shipments of butter, dairy spreads, and milk fats totaled 466 t, a sharp drop of 48.4% compared to 2020. From 2018 to 2021, exports decreased by 40.5%, with an average annual decline of 15.9%. The highest level was in 2020 at 902 t, which also experienced the largest annual increase of 47.6%.

Annual dynamics of product's exports from Latvia in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	(22.0%)	47.6%	(48.4%)	(15.9%)

Source: SHEV.io

From 2018 to 2021, Estonia, Lithuania, and Germany were consistently the main destinations for Latvia's exports in kind of butter, dairy spreads, and milk fats. Estonia accounted for 31.5% of exports, Lithuania for 28.7%, and Germany for 13.5%, together representing 73.7% of total flows.

Structure of product's exports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Latvia in kind, 2018-2021

Source: SHEV.io

Exports in value, K $ US

Latvia's exports of butter, dairy spreads, and milk fats in value terms amounted to 2 321 K $ US in 2021, reflecting a sharp decline of 40.5% year-over-year. Between 2018 and 2021, exports fell by 51%, equating to an average annual decrease of 21.2%. The largest increase occurred in 2020 at 30.7%.

Annual dynamics of product's exports from Latvia in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	(36.9%)	30.7%	(40.5%)	(21.2%)

Source: SHEV.io

Throughout 2018-2021, Estonia, Lithuania, and Germany formed the key group of partners for Latvia's exports in value terms of butter, dairy spreads, and milk fats. Estonia represented 32.5% of exports, Lithuania 27.6%, and Germany 13.7%, jointly accounting for 73.7% of total flows.

Structure of product's exports in value by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Latvia in value, 2018-2021

Source: SHEV.io

Imports butter, dairy spreads and milk fats to Latvia

Imports in kind, t

After a two-year increase, Latvia's imports of butter, dairy spreads, and milk fats in kind declined. In 2021, imports totaled 4 723 t, remaining nearly unchanged from the previous year. Between 2018 and 2021, imports rose by 42.4%, with an average annual growth rate of 12.5%. The peak was recorded in 2020 at 4 749 t, while the largest annual increase was in 2019 at 23.6%.

Annual dynamics of product's imports to Latvia in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	23.6%	15.8%	(0.5%)	12.5%

Source: SHEV.io

From 2018 to 2021, Poland, Lithuania, and Estonia were the main sources for Latvia's imports in kind of butter, dairy spreads, and milk fats. Poland accounted for 48.6% of imports, Lithuania for 28.4%, and Estonia for 8.6%, together absorbing 85.5% of total imports.

Structure of product's imports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Latvia in kind, 2018-2021

Source: SHEV.io

Imports in value, K $ US

After a two-year reduction, Latvia's imports of butter, dairy spreads, and milk fats in value terms increased. In 2021, imports totaled 23 188 K $ US, corresponding to a 16.9% rise compared to 2020. Between 2018 and 2021, imports grew by 12.9%, with an average annual increase of 4.1%. The lowest level was in 2020 at 19 834 K $ US, while the largest decline occurred in 2019 at 3.0%.

Annual dynamics of product's imports to Latvia in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	(3.0%)	(0.4%)	16.9%	4.1%

Source: SHEV.io

In 2018-2021, the leading destinations for Latvia's imports in value terms of butter, dairy spreads, and milk fats were Poland, Lithuania, and Estonia. Poland represented 47.5% of imports, Lithuania 29.3%, and Estonia 8.6%, jointly accounting for 85.4% of total flows.

Structure of product's imports in value by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Latvia in value, 2018-2021

Source: SHEV.io