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Latvia Frozen Food Industry Outlook 2022 - 2026

See how Latvia Frozen Food performed compared to key markets such as Belgium, China and Spain.

Key Market Indicators

Latvia's frozen food exports are expected to reach around $5.5 million by 2026, up from $4.3 million in 2021, growing at a year-on-year compound annual growth rate of 3.9%. Since 1999, Latvia's supply has grown 18.6% on average each year. In 2021, Latvia was the 50th largest exporter, with Russia in the lead at $4.3 million. China, Spain and Mexico ranked second, third and fourth respectively. Latvia's frozen food imports are projected to reach close to $12 million by 2026, up from $10.2 million in 2021, growing at an average annual rate of 2.6%. Since 1999, Latvia's demand has increased 10.6% year on year. In 2021, Latvia was the 77th largest importer, with Lithuania ahead at $10.2 million. The United States, South Korea and Japan were second, third and fourth respectively.

Latvia Frozen Food Market Data and Forecasts

How much will Latvia Frozen Food Market grow to 2026?

Forecast: Ice Cream Labour Cost Per Employee FTE in Latvia
Forecast: Ice Cream Turnover Per Employee in Latvia
Forecast: Ice Cream Gross Value Added Per Employee FTE in Latvia
Forecast: Ice Cream Production Value in Latvia
Forecast: Ice Cream Turnover in Latvia
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