Stuffed pasta market in Latvia

Earlier Report Observations

The market for stuffed pasta in Latvia expanded sharply in 2019, with volume rising by 40% to 7 318 t. This growth coincided with the entry of new players into the market, while the share of national products in retail did not show a consistent upward trend. The COVID-19 pandemic then caused a significant contraction in 2020, reducing market volume by 18% to 5 974 t as it impacted the entry of new participants and company resilience.

Post-pandemic recovery drove a 20% volume rebound to 7 144 t in 2021, a period marked by high market concentration where the HHI index exceeded 1 800. Growth continued into 2022, with volume reaching 8 357 t despite the emerging influence of the war in Ukraine, high electricity prices, and broader inflation, which altered consumer habits and production cost structures.

After peaking in 2022, the market volume contracted by 10% to 7 492 t in 2023 and fell a further 13% to 6 482 t in 2024. In value terms, however, the market demonstrated sustained growth from 2021 onward, exceeding 20 million $ US in 2024, indicating shifts in product mix or pricing.

Production stuffed pasta in Latvia

In value, 2018-2021, K $ US

In 2021, Latvia's stuffed pasta production was valued at 22 012 thousand US dollars, marking a year-over-year increase of 24.9%. Production grew by 55% between 2018 and 2021, which translates to an annualized growth rate of 15.7%. The largest increase occurred in 2019, with a jump of 34.3%, while the largest decline was recorded in 2020, at 7.6%.

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

In kind, 2018-2021, t

In 2021, Latvia produced 11 781 tonnes of stuffed pasta, representing a substantial year-over-year increase of 11.3%. Over the period from 2018 to 2021, production rose by 46.1%, with a compound annual growth rate of 13.5%. The largest increase was seen in 2019, at 39.7%, while the largest decline occurred in 2020, at 6.0%.

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

Exports stuffed pasta from Latvia

Exports in kind, t

Latvia's stuffed pasta exports have increased for the third consecutive year. In 2021, the country exported 6 862 tonnes, up 5.3% from 2020. Between 2018 and 2021, exports grew by 35.7%, equating to an annualized rate of 10.7%.

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

From 2018 to 2021, Germany, Estonia, and Lithuania were the main destinations for Latvia's stuffed pasta exports in kind. Germany accounted for 42.7% of exports, Estonia for 29.9%, and Lithuania for 19.2%, together making up 91.7% of the total.

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 stuffed pasta export value has risen for the third year in a row. In 2021, exports totaled 13 090 thousand US dollars, a modest increase of 8.7% compared to 2020. Between 2018 and 2021, export value grew by 47.6%, with an annualized growth rate of 13.9%.

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

Throughout 2018–2021, Germany, Estonia, and Lithuania formed the core of Latvia's stuffed pasta exports in value terms. Germany contributed 45.1% of export value, Estonia 30.1%, and Lithuania 16.7%, together accounting for 91.9% of total flows.

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

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

Imports stuffed pasta to Latvia

Imports in kind, t

Latvia's stuffed pasta imports have increased for the second consecutive year. In 2021, imports amounted to 2 225 tonnes, reflecting a substantial rise of 16.9% from 2020. The lowest import volume was recorded in 2019, at 1 849 tonnes, which also saw the largest decline of 15.5%.

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

From 2018 to 2021, two countries—Lithuania and Estonia—concentrated most of Latvia's stuffed pasta imports in kind, while other markets played a less significant role individually.

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 stuffed pasta import value has grown for the second year in a row. In 2021, imports reached 5 177 thousand US dollars, up 25.4% from the previous year. Over the period from 2018 to 2021, import value increased by 14.9%, with a compound annual growth rate of 4.7%. The lowest value was recorded in 2019, at 3 747 thousand US dollars, which also experienced the largest decline of 16.8%.

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

Over 2018–2021, Lithuania, Estonia, and Poland were the main sources of stuffed pasta imports to Latvia in value terms. Lithuania accounted for 49.3% of import value, Estonia for 24.6%, and Poland for 12.2%, together absorbing 86.2% of total imports.

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

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