Key Market Indicators
Potato consumption in Latvia is projected to reach 216,000 metric tons by 2026, a 0.4% decrease from 221,000 metric tons in 2021. Since 2017, demand for potatoes in Latvia has increased 0.6% year-on-year. In 2021, Latvia ranked 78th in the world in potato consumption, with New Zealand overtaking them at 221,000 metric tons. India, the United States, and Russia were the top three countries in terms of consumption. Production of potatoes in Latvia is expected to drop drastically, from 161,550 metric tons in 2021 to 8,970 metric tons in 2026, a 42.1% decrease year-on-year. Since 1997, production has fallen by 20% year-on-year. In 2021, Latvia ranked 91st in the world for potato production, with Bulgaria overtaking them at 161,550 metric tons. India, Russia, and Ukraine were the top three countries in terms of production.
