Earlier Report Observations
The market volume for sauces, mixed condiments and seasonings in Latvia demonstrated a gradual upward trend from 2018 to 2024, rising from 14 599 t to 16 541 t. This growth was not linear, with a minor contraction in 2023 followed by a strong recovery in 2024 when volume increased by 7.6%.
In value terms, the market experienced greater volatility, starting at 35.2 million US dollars in 2018, dipping to 32.0 million in 2020, and then climbing steadily to reach 44.1 million by 2024. The sharp value increase in 2023, which outpaced volume growth, suggests changing price levels or a shift toward higher-value products within the category.
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, 2018-2024
- 4.1.1.2. Imports, 2018-2025
- 4.1.1.3. Exports, 2018-2025
- 4.1.1.4. Market size, 2018-2024
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4.1.2. In value
- 4.1.2.1. Production, 2018-2024
- 4.1.2.2. Imports, 2018-2025
- 4.1.2.3. Exports, 2018-2025
- 4.1.2.4. Market size, 2018-2024
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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, 2018-2024, t
- 5.1.2. In value, 2018-2024, 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. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Latvia in kind, 2018-2025, t
- 6.1.2.2. Dynamics of product's imports in kind to Latvia by countries, 2018-2025, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Latvia in value, 2018-2025, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Latvia by countries, 2018-2025, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Latvia, 2018-2025, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Latvia by countries, 2018-2025, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Latvia in kind, 2018-2025, t
- 6.2.2.2. Dynamics of product's imports in kind to Latvia by countries, 2018-2025, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Latvia in value, 2018-2025, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Latvia by countries, 2018-2025, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Latvia, 2018-2025, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Latvia by countries, 2018-2025, $ US/t
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Latvia in kind, 2018-2025, t
- 7.1.2.2. Dynamics of product's exports in kind from Latvia by countries, 2018-2025, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Latvia in value, 2018-2025, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Latvia by countries, 2018-2025, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2025
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Latvia, 2018-2025, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Latvia by countries, 2018-2025, $ US/t
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Latvia in kind, 2018-2025, t
- 7.2.2.2. Dynamics of product's exports in kind from Latvia by countries, 2018-2025, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Latvia in value, 2018-2025, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Latvia by countries, 2018-2025, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2025
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Latvia, 2018-2025, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Latvia by countries, 2018-2025, $ US/t
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7.1. Exports (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 sauces, mixed condiments and seasonings in Latvia
In value, 2018-2021, K $ US
After a two-year decline, the production of sauces, mixed condiments, and seasonings in Latvia has rebounded. In 2021, output was valued at 25 276 thousand US dollars, showing a slight increase of 0.6% compared to the previous year. Over the period from 2018 to 2021, production decreased by 9%, with a compound annual growth rate of 3.1%. The largest decline occurred in 2019, at 6.6%, while the minimum value was recorded in 2020 at 25 130 thousand US dollars.
Annual dynamics of production in Latvia in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (6.6%) | (3.2%) | 0.6% | (3.1%) |
In kind, 2018-2021, t
In 2021, Latvia produced 12 860 tonnes of sauces, mixed condiments, and seasonings, which is 2.8% lower than the previous year. Between 2018 and 2021, production decreased by 2.7%, equating to an annualized rate of 0.9%. The minimum value was recorded in 2019 at 12 838 tonnes, while the maximum was in 2020 at 13 235 tonnes. The largest decline occurred in 2019 at 2.8%, and the largest increase was in 2020 at 3.1%.
Annual dynamics of production in Latvia in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (2.8%) | 3.1% | (2.8%) | (0.9%) |
Exports sauces, mixed condiments and seasonings from Latvia
Exports in kind, t
Foreign supplies of sauces, mixed condiments, and seasonings from Latvia have increased for the third consecutive year. In 2021, exports amounted to 7 073 tonnes, showing a gain of 5.9% year-over-year. Over the period from 2018 to 2021, exports increased by 14.4%, with a compound annual growth rate of 4.6%.
Annual dynamics of product's exports from Latvia in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 4.0% | 4.0% | 5.9% | 4.6% |
From 2018 to 2021, Estonia, Finland, and Lithuania were the main destinations for sauces, mixed condiments, and seasonings from Latvia, together accounting for 79.1% of total exports in kind. Specifically, Estonia represented 28.6%, Finland 25.8%, and Lithuania 24.7% of exports.
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
Foreign supplies of sauces, mixed condiments, and seasonings from Latvia have increased for the third consecutive year. In 2021, export volume amounted to 22 869 thousand US dollars, showing a robust improvement of 19.5% compared to the previous year. Between 2018 and 2021, exports increased by 44.7%, equating to an annualized rate of 13.1%.
Annual dynamics of product's exports from Latvia in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 13.5% | 6.6% | 19.5% | 13.1% |
From 2018 to 2021, the three main markets—Estonia, Lithuania, and Finland—together absorbed 71.0% of total exports in value terms for sauces, mixed condiments, and seasonings from Latvia.
Structure of product's exports in value by countries, 2018-2021
World map of product's exports from Latvia in value, 2018-2021
Imports sauces, mixed condiments and seasonings to Latvia
Imports in kind, t
Foreign supplies of sauces, mixed condiments, and seasonings to Latvia have increased for the third consecutive year. In 2021, Latvia imported a total of 31 096 thousand US dollars' worth, marking a strong rise of 14.2% year-over-year. Over the period from 2018 to 2021, imports increased by 29.2%, with a compound annual growth rate of 8.9%.
Annual dynamics of product's imports to Latvia in kind, 2018-2021, t
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 10.8% | 2.1% | 14.2% | 8.9% |
From 2018 to 2021, imports in kind of sauces, mixed condiments, and seasonings to Latvia relied on a wide range of partner countries. Estonia, Poland, and Germany were the top sources, together taking 45.3% of total flows, with Estonia at 20.5%, Poland at 14.4%, and Germany at 10.5%.
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
Latvia's import volume of sauces, mixed condiments, and seasonings has increased for the third consecutive year. In 2021, imports totalled 31 096 thousand US dollars, up by 19.4% relative to the prior year. Over the period from 2018 to 2021, imports increased by 33.6%, with a compound annual growth rate of 10.1%.
Annual dynamics of product's imports to Latvia in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 3.7% | 7.9% | 19.4% | 10.1% |
Throughout 2018 to 2021, the three largest markets—Estonia, Germany, and Poland—remained central to imports in value terms, together taking 51.1% of total flows.
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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