Market research

Tallow market in Latvia, 2026

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The tallow market in Latvia experienced initial growth in 2019, reaching 1,446 tons, followed by a decline to 1,212 tons by 2021. This contraction coincided with the COVID-19 pandemic, which significantly disrupted economic activity and altered production and consumption patterns during 2020 and 2021.

Market volume recovered to 1,371 tons in 2022 and further to 1,422 tons in 2023. This rebound occurred alongside high natural gas prices, which reduced the competitiveness of conventional electricity production and may have shifted demand toward alternative energy sources. Concurrent global crises and inflationary pressures continued to influence export levels and domestic market conditions.

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

In kind, 2018-2021, t

Top producers of tallow, 2018-2021

Source: SHEV.io

World map of production of tallow, 2018-2021

Source: SHEV.io

In 2021, Latvia produced 1 500 tons of tallow, showing little change from the previous year. Production peaked in 2019 at 1 600 tons, which represented a 6.7% increase from 2018. The largest decline occurred in 2020, when production fell by 6.3%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	6.7%	(6.3%)	-	-

Source: SHEV.io

Exports tallow from Latvia

Exports in kind, t

The market displayed volatility during the observed period. Exports reached their lowest point in 2019 at 154.1 tons, then peaked in 2021 at 293.2 tons—a 1.9-fold difference between these years. The 2021 figure was 73.3% higher than in 2020. The largest decline was recorded in 2019, when exports dropped by 10.9%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(10.9%)	9.8%	73.3%	19.2%

Source: SHEV.io

From 2018 to 2021, Poland remained the primary destination for tallow exports in volume terms, accounting for 88.7% of total flows. The remaining share was distributed among various smaller markets.

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

Market behavior was volatile during these years. Export values varied 3.1 times from the low in 2019 to the high in 2021. In 2021, Latvia's tallow export value reached 119.1 thousand US dollars, up 211.0% from 2020. The minimum value was recorded in 2019 at 38.2 thousand US dollars, when exports declined by 35.5%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(35.5%)	0.4%	211.0%	26.3%

Source: SHEV.io

During 2018–2021, Poland continued to dominate exports in value terms, holding a 74.6% share of total flows. The remainder was fragmented across other markets.

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 tallow to Latvia

Imports in kind, t

In 2021, Latvia's tallow imports totaled 5.3 tons, showing minimal change from 2020. Over the 2018–2021 period, imports grew by 208.6%, with a compound annual growth rate of 45.6%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	n/a	n/a	n/a	45.6%

Source: SHEV.io

From 2018 to 2021, Lithuania and the United Kingdom were the main suppliers of tallow to Latvia in volume terms, together accounting for 99.9% of total imports.

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 tallow import value was 3.3 thousand US dollars, with little year-over-year variation. Between 2018 and 2021, imports increased by 64.9%, equivalent to an annualized growth rate of 18.1%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	n/a	n/a	n/a	18.1%

Source: SHEV.io

During 2018–2021, Lithuania (with 62.6% of total flows) and the United Kingdom (36.7%) together represented 99.4% of total imports in value terms, while other partners accounted for 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