The Latvian fresh whole chicken market expanded modestly to $X in 2024, increasing by X% against the previous year. Over the period under review, consumption showed a pronounced contraction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2024, consumption stood at a somewhat lower figure.
Fresh Whole Chicken Production in Latvia
In value terms, fresh whole chicken production soared to $X in 2024 estimated in export price. Over the period under review, production, however, recorded a deep setback. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2024, production remained at a lower figure.
Fresh Whole Chicken ExportsExports from Latvia
In 2024, fresh whole chicken exports from Latvia soared to X tons, increasing by X% against the year before. Over the period under review, exports, however, recorded a noticeable decline. The pace of growth was the most pronounced in 2022 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2024, the exports failed to regain momentum.
In value terms, fresh whole chicken exports surged to $X in 2024. Overall, exports saw a relatively flat trend pattern. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2024, the exports stood at a somewhat lower figure.
Exports by Country
Sweden (X tons), Estonia (X tons) and Finland (X tons) were the main destinations of fresh whole chicken exports from Latvia, together comprising X% of total exports. Lithuania, France, Denmark and Poland lagged somewhat behind, together accounting for a further X%.
From 2012 to 2024, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Denmark (with a CAGR of X%), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for fresh whole chicken exported from Latvia were Sweden ($X), Estonia ($X) and Finland ($X), with a combined X% share of total exports. Lithuania, France, Denmark and Poland lagged somewhat behind, together comprising a further X%.
Among the main countries of destination, Denmark, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2024, the average fresh whole chicken export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, export price indicated a tangible increase from 2012 to 2024: its price increased at an average annual rate of X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, fresh whole chicken export price increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. The export price peaked in 2024 and is likely to see steady growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2024, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Denmark ($X per ton) was amongst the lowest.
From 2012 to 2024, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (X%), while the prices for the other major destinations experienced more modest paces of growth.
Fresh Whole Chicken ImportsImports into Latvia
Fresh whole chicken imports into Latvia reduced to X tons in 2024, waning by X% compared with the previous year’s figure. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2024, imports stood at a somewhat lower figure.
In value terms, fresh whole chicken imports contracted to $X in 2024. The total import value increased at an average annual rate of X% from 2012 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2023, and then declined in the following year.
Imports by Country
Poland (X tons), Lithuania (X tons) and Estonia (X tons) were the main suppliers of fresh whole chicken imports to Latvia, with a combined X% share of total imports.
From 2012 to 2024, the biggest increases were recorded for Poland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest fresh whole chicken suppliers to Latvia were Poland ($X), Lithuania ($X) and Estonia ($X), together accounting for X% of total imports.
In terms of the main suppliers, Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2024, the average fresh whole chicken import price amounted to $X per ton, picking up by X% against the previous year. Over the period from 2012 to 2024, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, average import prices hit record highs in 2024 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2024, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Estonia ($X per ton) was amongst the lowest.
From 2012 to 2024, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Frequently Asked Questions (FAQ) :
The countries with the highest volumes of consumption in 2024 were China, the United States and India, together accounting for 32% of global consumption.
The countries with the highest volumes of production in 2024 were China, the United States and India, together accounting for 32% of global production.
In value terms, the largest fresh whole chicken suppliers to Latvia were Poland, Lithuania and Estonia, with a combined 96% share of total imports.
In value terms, the largest markets for fresh whole chicken exported from Latvia were Sweden, Estonia and Finland, together accounting for 73% of total exports. Lithuania, France, Denmark and Poland lagged somewhat behind, together comprising a further 26%.
The average fresh whole chicken export price stood at $3,671 per ton in 2024, growing by 21% against the previous year. Overall, export price indicated a tangible expansion from 2012 to 2024: its price increased at an average annual rate of +3.4% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, fresh whole chicken export price increased by +124.6% against 2015 indices. The pace of growth was the most pronounced in 2021 an increase of 24%. The export price peaked in 2024 and is expected to retain growth in the immediate term.
In 2024, the average fresh whole chicken import price amounted to $2,534 per ton, increasing by 5.1% against the previous year. Over the last twelve-year period, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 16%. Over the period under review, average import prices hit record highs in 2024 and is likely to see gradual growth in years to come.
This report provides an in-depth analysis of the fresh whole chicken market in Latvia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:Prodcom 10121010 – Fresh or chilled whole chickens Country coverage:Data coverage:Market volume and valuePer Capita consumptionForecast of the market dynamics in the medium termTrade (exports and imports) in LatviaExport and import pricesMarket trends, drivers and restraintsKey market players and their profilesReasons to buy this report:Take advantage of the latest dataFind deeper insights into current market developmentsDiscover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
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