What is the price of lactose per kilogram/pound in Latvia today?
The retail price range for Latvia lactose is between US$ 1.58 and US$ 2.15 per kilogram or between US$ 0.72 and US$ 0.98 per pound(lb). Click here to see today's exact prices of lactose in Latvia
The retail price range in Euro for lactose is between EUR 1.46 and EUR 1.99 per kilogram or between EUR 0.66 and EUR 0.90 per pound(lb) in Riga and Daugavpils.
Wholesale prices
In 2024, the approximate wholesale price range for Latvia lactose is between US$ 1.10 and US$ 1.51 per kilogram or between US$ 0.50 and US$ 0.68 per pound(lb).
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Latvia lactose - Production, Exports, Imports, Seasons and HS Codes
The amount of lactose exported by Latvia in 2020 was 3,372 metric tons. In 2019 Latvia exported 2,719 tonnes of lactose. For the year 2019 alone, the demand for Latvia lactose (processed category) has increased, recording a change of 66.3 % compared to the year 2018. Between 2017 and 2019, lactose's exports increased by 242.01 percent netting the exporter US$0.20m for the year 2019. Latvia's lactose exports are classified as:
- Lactose in solid form and lactose syrup, not containing added flavouring or colouring matter, containing by weight >= 99% lactose, expressed as anhydrous lactose, calculated on the dry matter (HS code 170211)
- Lactose in solid form and lactose syrup, not containing added flavouring or colouring matter, containing by weight < 99% lactose, expressed as anhydrous lactose, calculated on the dry matter (HS code 170219)
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Latvia lactose export values
In 2019, Latvia shipped lactose costing 0.20m USD, an increase of 73.91% from 2018's total lactose export of 0.115m USD. The yearly increase in value of Latvia lactose between 2017 to 2018 was 11.65 per cent.
The per year variation in the amount of Latvia's lactose exports between 2017 and 2019 was 242.01 per cent when compared to a variation of 66.3% in the growth rate between 2018 and 2019.
Latvia's stake of the world's total lactose's exports in 2019 was less than 1%. The country holds number 30 in world exports of lactose.
Export markets for Latvia lactose ( in '000$ )
Latvia's leading export markets for lactose are Lithuania, New Zealand, Uzbekistan, Estonia and Kazakhstan.
Import/Export Trends
Latvia is a net exporter of lactose. The annual growth of Latvia lactose in value between 2015 to 2019 was 20%, per annum, while annual growth in quantity was 19%, per annum.
Latvia procured 173 tonnes of lactose in 2019.