Market research

Oats market in Latvia

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The oat market in Latvia experienced considerable volume changes from 2018 to 2023. After growing from 174.9 thousand tonnes in 2018 to a peak of 242.6 thousand tonnes in 2020, the market contracted sharply to 139.7 thousand tonnes in 2021. A strong recovery followed in 2022, with volume reaching 200.9 thousand tonnes, before a slight stabilization at 196.1 thousand tonnes in 2023.

Market developments in 2022 were shaped by specific quality and processor requirements. Some grain processors began demanding oats grown without plant growth regulators, establishing fixed purchase prices directly with growers. In 2023, high inflation led consumers to favor lower-priced goods, affecting demand patterns. During the same period, the entry of international online sellers into the Baltic market increased competitive pressure and prompted local companies to expand into foreign sales channels.

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, K 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, K 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, K 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 oats in Latvia

In kind, 2018-2021, K t

From 2018 to 2021, Latvia ranked 24th globally in oat production.

Top producers of oats, 2018-2021

Source: SHEV.io

World map of production of oats, 2018-2021

Source: SHEV.io

Latvia's oat production volume declined after a two-year rise. In 2021, the country produced 182.9 K t of oats, marking a dramatic 36.5% drop compared to 2020. Between 2018 and 2021, production decreased by 2.8%, which translates to an annualized rate of 0.9%. The peak was recorded in 2020 at 287.9 K t, while the largest increase occurred in 2019 with a 26.4% rise.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	26.4%	21.1%	(36.5%)	(0.9%)

Source: SHEV.io

In value, 2018-2021, K $ US

Oat production in Latvia declined following a two-year increase. In 2021, the output was valued at 37 337 K $ US, reflecting a sudden 36.2% decrease from the previous year. Over the 2018-2021 period, production fell by 15.6%, with a compound annual growth rate (CAGR) of 5.5%. The highest value was recorded in 2020 at 58 492 K $ US, and the largest increase took place in 2019 with a 27.9% rise.

Annual dynamics of production in Latvia in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	27.9%	3.3%	(36.2%)	(5.5%)

Source: SHEV.io

Exports oats from Latvia

Exports in kind, t

Latvia's oat export volume increased for the third consecutive year. In 2021, exports amounted to 88 945 t, showing a 4.2% year-over-year growth. From 2018 to 2021, exports rose by 81.2%, with a CAGR of 21.9%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	9.2%	59.3%	4.2%	21.9%

Source: SHEV.io

From 2018 to 2021, Spain, Germany, and Lithuania were the key partners for Latvia's oat exports in kind, accounting for 25.8%, 23.0%, and 10.0% of exports, respectively. Together, they represented 58.8% of total export 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

Oat exports from Latvia increased for the third year in a row. In 2021, Latvia exported 18 157 K $ US worth of oats, up by 4.7% from 2020. Over the 2018-2021 period, exports grew by 57.3%, with a CAGR of 16.3%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	10.5%	36.0%	4.7%	16.3%

Source: SHEV.io

Between 2018 and 2021, Spain, Germany, and Lithuania were the main buyers of oats from Latvia in value terms, with shares of 25.8%, 21.9%, and 11.1%, respectively. Collectively, they comprised 58.8% of total exports.

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 oats to Latvia

Imports in kind, t

In 2021, Latvia's oat imports reached 45 779 t, representing a solid 14.1% increase compared to 2020. From 2018 to 2021, imports rose by 27.9%, equating to an annualized rate of 8.6%. The largest decline occurred in 2020 at 7.8%, while the biggest increase was in 2019 with a 21.6% rise.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	21.6%	(7.8%)	14.1%	8.6%

Source: SHEV.io

Throughout 2018-2021, Lithuania and Estonia dominated Latvia's oat imports in kind, jointly accounting for 98.3% of total flows. Other countries held significantly smaller shares.

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

In 2021, Latvia's oat imports reached 11 628 K $ US, up by 25.6% from the previous year. Between 2018 and 2021, imports increased by 9.1%, with an annualized rate of 2.9%. The lowest value was recorded in 2020 at 9 258 K $ US, while the peak was in 2019 at 12 575 K $ US. The largest decline occurred in 2020 with a 26.4% drop.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	18.0%	(26.4%)	25.6%	2.9%

Source: SHEV.io

From 2018 to 2021, Lithuania and Estonia together accounted for 98.1% of Latvia's oat imports in value terms, with shares of 49.2% and 48.9%, respectively. Other partners made up the remainder.

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