Market research

Lard and poultry fats market in Latvia

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

Between 2018 and 2020, the market for lard and poultry fats in Latvia expanded significantly, with volume jumping from 5 573 t to 9 042 t. This surge was primarily driven by a rise in the number of pigs and poultry recorded in 2019, which increased the availability of animal fats from meat processing. Although an outbreak of African swine fever and the discontinuation of lard production by a major meat processor in 2020 created headwinds for the pig fat segment, the overall market volume grew strongly as the increased livestock population boosted production.

From 2021 to 2023, the market stabilized around 9 000 t before climbing to 9 816 t. The minor growth in meat production during 2021 supported fat output. In 2022, state aid measures to offset rising production costs in pig and poultry farming helped maintain stability amid global supply chain disruptions. The entry of the new retail chain LIDL in 2021 intensified competition, potentially influencing market dynamics. By 2023, market volume reached 9 816 t, marking an 8% increase over the previous year.

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. Annual dynamics of production in Latvia in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Latvia in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Latvia in kind, 2018-2025, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Latvia by countries, 2018-2025, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Latvia in value, 2018-2025, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Latvia by countries, 2018-2025, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Latvia, 2018-2025, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Latvia by countries, 2018-2025, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Latvia in kind, 2018-2025, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Latvia by countries, 2018-2025, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Latvia in value, 2018-2025, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Latvia by countries, 2018-2025, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Latvia, 2018-2025, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Latvia by countries, 2018-2025, $ US/t
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Latvia in kind, 2018-2025, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Latvia by countries, 2018-2025, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Latvia in value, 2018-2025, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Latvia by countries, 2018-2025, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Latvia, 2018-2025, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Latvia by countries, 2018-2025, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Latvia in kind, 2018-2025, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Latvia by countries, 2018-2025, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Latvia in value, 2018-2025, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Latvia by countries, 2018-2025, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Latvia, 2018-2025, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from 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 lard and poultry fats in Latvia

In kind, 2018-2021, t

Top producers of lard and poultry fats, 2018-2021

Source: SHEV.io

World map of production of lard and poultry fats, 2018-2021

Source: SHEV.io

Latvia's production of lard and poultry fats has grown for the third year in a row. In 2021, the country produced 9 093 tonnes, marking a 0.9% increase from the previous year. Looking at the period from 2018 to 2021, production surged by 70.4%, which translates to an average annual growth rate of 19.4%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	0.6%	67.9%	0.9%	19.4%

Source: SHEV.io

Exports lard and poultry fats from Latvia

Exports in kind, t

In 2021, Latvia exported 50.5 tonnes of lard and poultry fats, a dramatic increase of 51 379.6% compared to 2020. Over the 2018-2021 period, exports skyrocketed by 219 247.8%, with a compound annual growth rate (CAGR) of 1 199.3%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	n/a	n/a	51 379.6%	1 199.3%

Source: SHEV.io

From 2018 to 2021, Poland accounted for nearly all of Latvia's lard and poultry fats exports in volume terms, holding a 99.5% share of total shipments.

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

In 2021, the value of Latvia's lard and poultry fats exports reached 29.9 thousand US dollars, up by 4 819.5% from 2020. Between 2018 and 2021, export values grew by 17 150.9%, with a CAGR of 456.7%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	n/a	n/a	4 819.5%	456.7%

Source: SHEV.io

During 2018-2021, Poland was the primary destination for Latvia's lard and poultry fats exports in value terms, absorbing 95.8% of the total.

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 lard and poultry fats to Latvia

Imports in kind, t

After two years of decline, Latvia's imports of lard and poultry fats rebounded in 2021, with a volume of 34.4 tonnes, representing a strong 16.2% year-over-year increase. However, from 2018 to 2021, imports fell by 85.4%, averaging an annual decline of 47.4%. The lowest point was in 2020 at 29.6 tonnes, which saw the sharpest drop of 65.6%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(63.6%)	(65.6%)	16.2%	(47.4%)

Source: SHEV.io

From 2018 to 2021, Lithuania and Poland were the main suppliers of lard and poultry fats to Latvia, together accounting for 90.0% of total imports in volume, while other partners played a minor role.

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

Latvia's imports of lard and poultry fats in value terms declined for the third consecutive year. In 2021, imports totaled 43.1 thousand US dollars, down by 4.1% from the previous year. Over the 2018-2021 period, import values decreased by 74.8%, with a CAGR of 36.9%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(58.6%)	(36.6%)	(4.1%)	(36.9%)

Source: SHEV.io

Between 2018 and 2021, Lithuania and Poland remained the key sources for Latvia's lard and poultry fats imports in value, jointly making up 86.4% of the total, with other partners contributing much less individually.

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