Key Market Indicators
Latvian salmon imports are expected to reach around $44 million by 2026, up from $41 million in 2021. This is a 0.7% year-on-year increase. Since 2000, Latvian market has declined by 6.8% annually. Latvian fish production is set to reach 865 metric tons by 2026, up from 816 metric tons in 2021, with a 0.8% year-on-year growth. Since 1993, Latvian supply has risen by 0.7% yearly. In 2021, Latvia was ranked 128th in the world, with Jordan overtaking it with 816 metric tons. Indonesia, India and Vietnam followed behind, taking the second, third and fourth spots respectively. Latvian fish consumption is expected to reach 13,340 metric tons by 2026, down from 13,700 metric tons in 2021, with a 0.7% year-on-year decline. Since 2017, Latvian demand has decreased by 3.3% annually.
