Earlier Report Observations
The market for ketchup and other tomato sauces in Latvia, measured in physical volume, saw initial growth from 8 180 tonnes in 2018 to 8 422 tonnes in 2019, before contracting to 7 685 tonnes in 2021. In value terms, the market size decreased from $10.4 million in 2018 to $7.7 million in 2021.
From 2021 to 2023, the market volume further declined to 6 358 tonnes. However, the market value demonstrated a strong countertrend, rising from $7.7 million in 2021 to $8.4 million in 2022 and reaching $9.2 million in 2023, highlighting a substantial increase in average price levels.
The market rebounded in 2024, with volume recovering to 6 967 tonnes and value climbing to $10.2 million, exceeding the 2018 monetary value despite a lower consumption volume in tonnes.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2019, 2021, 2023-2024
- 4.1.1.2. Imports, 2018-2025
- 4.1.1.3. Exports, 2018-2025
- 4.1.1.4. Market size, 2018-2019, 2021, 2023-2024
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4.1.2. In value
- 4.1.2.1. Production, 2018, 2021-2024
- 4.1.2.2. Imports, 2018-2025
- 4.1.2.3. Exports, 2018-2025
- 4.1.2.4. Market size, 2018, 2021-2024
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Latvia
- 5.1.1. In kind, 2018-2019, 2021, 2023-2024, t
- 5.1.2. In value, 2018, 2021-2024, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, t
- 5.2.2. In value, 2018-2024, K $ US
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5.1. Production in Latvia
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6. Exports
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6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, t
- 6.1.2.1. Annual dynamics of product's exports from Latvia in kind, 2018-2025, t
- 6.1.2.2. Dynamics of product's exports in kind from Latvia by countries, 2018-2025, t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
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6.1.3. Exports in value, K $ US
- 6.1.3.1. Annual dynamics of product's exports from Latvia in value, 2018-2025, K $ US
- 6.1.3.2. Dynamics of product's exports in value from Latvia by countries, 2018-2025, K $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
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6.1.4. Average price of product's exports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's exports from Latvia, 2018-2025, $ US/t
- 6.1.4.2. Dynamics of average price of product's exports from Latvia by countries, 2018-2025, $ US/t
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, t
- 6.2.2.1. Annual dynamics of product's exports from Latvia in kind, 2018-2025, t
- 6.2.2.2. Dynamics of product's exports in kind from Latvia by countries, 2018-2025, t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
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6.2.3. Exports in value, K $ US
- 6.2.3.1. Annual dynamics of product's exports from Latvia in value, 2018-2025, K $ US
- 6.2.3.2. Dynamics of product's exports in value from Latvia by countries, 2018-2025, K $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
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6.2.4. Average price of product's exports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's exports from Latvia, 2018-2025, $ US/t
- 6.2.4.2. Dynamics of average price of product's exports from Latvia by countries, 2018-2025, $ US/t
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6.1. Exports (Direct Data)
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7. Imports
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7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, t
- 7.1.2.1. Annual dynamics of product's imports to Latvia in kind, 2018-2025, t
- 7.1.2.2. Dynamics of product's imports in kind to Latvia by countries, 2018-2025, t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
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7.1.3. Imports in value, K $ US
- 7.1.3.1. Annual dynamics of product's imports to Latvia in value, 2018-2025, K $ US
- 7.1.3.2. Dynamics of product's imports in value to Latvia by countries, 2018-2025, K $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
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7.1.4. Average price of product's imports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's imports to Latvia, 2018-2025, $ US/t
- 7.1.4.2. Dynamics of average price of product's imports to Latvia by countries, 2018-2025, $ US/t
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, t
- 7.2.2.1. Annual dynamics of product's imports to Latvia in kind, 2018-2025, t
- 7.2.2.2. Dynamics of product's imports in kind to Latvia by countries, 2018-2025, t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
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7.2.3. Imports in value, K $ US
- 7.2.3.1. Annual dynamics of product's imports to Latvia in value, 2018-2025, K $ US
- 7.2.3.2. Dynamics of product's imports in value to Latvia by countries, 2018-2025, K $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
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7.2.4. Average price of product's imports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's imports to Latvia, 2018-2025, $ US/t
- 7.2.4.2. Dynamics of average price of product's imports to Latvia by countries, 2018-2025, $ US/t
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7.1. Imports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2025
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production ketchup and other tomato sauces in Latvia
In value, 2018-2021, K $ US
In 2021, the output value of ketchup and other tomato sauces in Latvia was $5,642 thousand US, showing relative stability compared to 2020. Over the period from 2018 to 2021, production decreased by 36.3%, with a compound annual growth rate of -13.9%.
Annual dynamics of production in Latvia in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | (13.9%) |
In kind, 2018-2021, t
In 2021, Latvia produced 6,017 tonnes of ketchup and other tomato sauces, which is 5.4% less than in 2020. Between 2018 and 2021, production decreased by 14.5%, equating to an annualized decline of 5.1%.
Annual dynamics of production in Latvia in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (5.4%) | n/a | n/a | (5.1%) |
Exports ketchup and other tomato sauces from Latvia
Exports in kind, t
In 2021, foreign supplies of ketchup and other tomato sauces from Latvia amounted to 2,135 tonnes, marking a 3.0% decrease from 2020. Over the period from 2018 to 2021, exports fell by 5.4%, with an annualized rate of -1.8%. The lowest volume was recorded in 2019 at 2,051 tonnes, which saw the largest decline of 9.1%. In contrast, 2020 experienced the largest increase of 7.3%.
Annual dynamics of product's exports from Latvia in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (9.1%) | 7.3% | (3.0%) | (1.8%) |
From 2018 to 2021, Lithuania, Estonia, and Sweden were the primary markets for Latvia's ketchup and other tomato sauce exports in kind. Lithuania accounted for 47.9% of exports, Estonia for 24.2%, and Sweden for 8.6%, together representing 80.7% of total export flows.
Structure of product's exports in kind by countries, 2018-2021
World map of product's exports from Latvia in kind, 2018-2021
Exports in value, K $ US
Latvia's export value of ketchup and other tomato sauces increased for the second consecutive year. In 2021, exports totaled $3,473 thousand US, showing a modest advance of 2.7% compared to 2020. Between 2018 and 2021, exports grew by 21.2%, with an annualized rate of 6.6%. The lowest value was recorded in 2019 at $2,623 thousand US, which saw the largest decline of 8.5%. In contrast, 2020 experienced the largest increase of 29.0%.
Annual dynamics of product's exports from Latvia in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (8.5%) | 29.0% | 2.7% | 6.6% |
From 2018 to 2021, Lithuania, Estonia, and Sweden remained the main buyers of ketchup and other tomato sauces from Latvia in value terms. Lithuania accounted for 40.7% of exports, Estonia for 27.4%, and Sweden for 7.5%, jointly forming 75.6% of total export value.
Structure of product's exports in value by countries, 2018-2021
World map of product's exports from Latvia in value, 2018-2021
Imports ketchup and other tomato sauces to Latvia
Imports in kind, t
In 2021, ketchup and other tomato sauce deliveries to Latvia amounted to 3,804 tonnes, representing a slight uptick of 2.7% from the previous year. Over the period from 2018 to 2021, imports increased by 11.9%, with a compound annual growth rate of 3.8%. The highest volume was recorded in 2019 at 3,815 tonnes, which saw the largest increase of 12.2%. In contrast, 2020 experienced the largest decline of 2.9%.
Annual dynamics of product's imports to Latvia in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 12.2% | (2.9%) | 2.7% | 3.8% |
From 2018 to 2021, Lithuania, Ukraine, and Spain continued to lead as the main suppliers of ketchup and other tomato sauces to Latvia in kind. Lithuania accounted for 26.0% of imports, Ukraine for 15.8%, and Spain for 13.0%, together taking 54.7% of total import volume.
Structure of product's imports in kind by countries, 2018-2021
World map of product's imports to Latvia in kind, 2018-2021
Imports in value, K $ US
The import value of ketchup and other tomato sauces to Latvia increased for the third consecutive year. In 2021, imports totaled $5,529 thousand US, equivalent to a strong improvement of 13.9% from 2020. Between 2018 and 2021, imports grew by 24.4%, with an annualized rate of 7.6%.
Annual dynamics of product's imports to Latvia in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 4.1% | 4.9% | 13.9% | 7.6% |
From 2018 to 2021, Lithuania, Ukraine, and Poland remained the main suppliers of ketchup and other tomato sauces to Latvia in value terms. Lithuania accounted for 28.9% of imports, Ukraine for 11.3%, and Poland for 10.8%, jointly forming 51.0% of total import value.
Structure of product's imports in value by countries, 2018-2021
World map of product's imports to Latvia in value, 2018-2021
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