What is the price of sunflower oil per kilogram/pound in Latvia today?
The retail price range for Latvia sunflower oil is between US$ 2.66 and US$ 5.15 per kilogram or between US$ 1.21 and US$ 2.34 per pound(lb). Click here to see today's exact prices of sunflower oil in Latvia
The retail price range in Euro for sunflower oil is between EUR 2.46 and EUR 4.76 per kilogram or between EUR 1.12 and EUR 2.16 per pound(lb) in Riga and Daugavpils.
Wholesale prices
In 2024, the approximate wholesale price range for Latvia sunflower oil is between US$ 1.87 and US$ 3.61 per kilogram or between US$ 0.85 and US$ 1.64 per pound(lb).
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Prices of other produce in the Processed category in Latvia: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
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Latvia sunflower oil - Production, Exports, Imports, Seasons and HS Codes
The amount of sunflower oil exported by Latvia in 2020 was 216 tons. In 2019 Latvia shipped 140 tonnes of sunflower oil. Through 2019 alone, the demand for Latvia sunflower oil (processed category) has reduced, with a change of -12.5 % compared to the year 2018. Between 2017 and 2019, sunflower oil's exports decreased by -55.7% netting the nation US$0.24m for the year 2019. Latvia's sunflower oil exports are classified as:
- Crude sunflower-seed or safflower oil (HS code 151211)
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Latvia sunflower oil export values
In 2019, Latvia shipped sunflower oil worth 0.24m USD, a surge of 21.83% from 2018's total sunflower oil export of 0.197m USD. The annual growth in value of Latvia sunflower oil between 2017 to 2018 was -35.197 pc.
The per year change in the quantity of Latvia's sunflower oil exports between 2017 and 2019 was -55.7 pc when compared to a variation of -12.5% in the growth rate between 2018 and 2019.
Latvia's share of the world's total sunflower oil's exports in 2019 was less than 1%. The country is ranked position 51 in world exports of sunflower oil.
Export markets for Latvia sunflower oil ( in '000$ )
Latvia's best performing destinations for sunflower oil are Estonia, Lithuania, Russia, Ukraine and Germany.
Import/Export Trends
Latvia is a net importer of sunflower oil. The annual growth of Latvia sunflower oil in value between 2015 to 2019 was -17%, per annum, while annual growth in quantity for the same period was -16%, per annum.
Latvia brought in 4,205 tonnes of sunflower oil in 2019.