Key Market Indicators
Latvia's pulses production is projected to hit approximately 159,000 metric tons by 2028, up from around 134,000 metric tons in 2023. This marks a compound annual growth rate (CAGR) of 2.8% year over year. Historical data shows that since 1997, Latvia's pulses supply has been increasing steadily, with an average annual growth rate of 5.1%. In 2023, Latvia ranked 63rd in global pulses production, with Yemen slightly ahead, matching Latvia's output at 134,000 metric tons. Leading the global rankings are Myanmar, Canada, and China, holding the second, third, and fourth positions, respectively.
