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Latvia Shellfish Industry Outlook 2022 - 2026

See how Latvia Shellfish performed compared to key markets such as China, Vietnam and Thailand.

Key Market Indicators

Latvian shellfish exports are forecast to drop to $1.5 million by 2026, down 4.1% year on year on average. Since 2000, supplies have decreased by 17.1%. In 2021, Latvia came in 36th place; Austria overtook them with $1.9 million. Vietnam, Thailand, and Indonesia were the top three countries in this ranking. Latvian shellfish imports are expected to hit $4.7 million by 2026, a 1.9% yearly growth rate. Since 2000, demand has increased by 1% year on year. Latvia was 37th in 2021, with Lithuania ahead at $4.1 million. Japan, South Korea, and the United Kingdom were the next three countries in this ranking.

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