# Latvia Vodka price positioning (HS 220860)

Canonical: https://www.yugalinks.com/trade/price-exporter/lva/220860
Publisher: Yugalinks (https://www.yugalinks.com)

## Answer

Latvia has a median reported export price of $3.8K/t across 134 markets. Across the reported period, the highest observed price is $96.8K/t in Bosnia and Herzegovina; the lowest is $239.6/t in Togo.

## Summary

- Price spread: 2,559.9%
- Total trade value: $725.2M
- Average quantity: 242 metric tons
- Latest year: 2023

## Price by market

| Market | Latest year | Latest price | Vs median | Year-over-year change | Change since first reported year | Trade value (reported period) | Years reported | Position |
|---|---:|---:|---:|---:|---:|---:|---:|---|
| USA, Puerto Rico and US Virgin Islands | 2023 | $8.4K/t | +20.6% | -5.4% | +4.9% | $374.8M | 5 | Mid |
| Canada | 2023 | $3.6K/t | -23.7% | -22.9% | -21.7% | $49.9M | 5 | Mid |
| Russia | 2023 | $6.2K/t | +2.4% | +50.8% | +98.6% | $39.3M | 5 | Mid |
| Greece | 2023 | $7.7K/t | +28.4% | -1.3% | +166.5% | $22.5M | 5 | Above |
| Germany | 2023 | $4.7K/t | -14.6% | +8.6% | -11.1% | $22.5M | 5 | Mid |
| Lithuania | 2023 | $2.0K/t | -49.3% | +7.9% | +7.9% | $16.7M | 5 | Below |
| Spain | 2023 | $4.6K/t | -29.4% | +22.6% | +8.8% | $15.1M | 5 | Below |
| Ukraine | 2023 | $4.2K/t | +16% | +84.5% | +67.1% | $16.6M | 5 | Mid |
| Kazakhstan | 2023 | $11.9K/t | +102.3% | -8.8% | +46.2% | $8.4M | 5 | Above |
| Dominican Republic | 2023 | $3.5K/t | -27.5% | +1.9% | +125.1% | $7.5M | 5 | Below |
| Israel | 2023 | $4.3K/t | -16.7% | -2.2% | +2.8% | $9.6M | 5 | Mid |
| Georgia | 2023 | $7.0K/t | -8.2% | +176.3% | +51.5% | $8.1M | 5 | Mid |
| Chile | 2023 | $4.0K/t | -2.2% | -3.7% | +7.8% | $7.6M | 5 | Mid |
| Bulgaria | 2023 | $15.1K/t | +128.4% | +79.4% | -24.6% | $7.1M | 5 | Above |
| United Arab Emirates | 2023 | $3.3K/t | -24.7% | +14.6% | +51.3% | $7.2M | 5 | Mid |
| Bosnia and Herzegovina | 2023 | $2.3K/t | -62.3% | +14.1% | +40.3% | $647.8K | 5 | Below |
| Togo | 2022 | $239.6/t | -87.8% | Not reported | +0% | $5.5K | 1 | Below |

## Price history

- USA, Puerto Rico and US Virgin Islands: 2017 $8.0K/t, 2019 $8.9K/t, 2020 $7.9K/t, 2022 $8.8K/t, 2023 $8.4K/t
- Canada: 2017 $4.5K/t, 2019 $3.9K/t, 2020 $3.7K/t, 2022 $4.6K/t, 2023 $3.6K/t
- Russia: 2017 $3.1K/t, 2019 $3.3K/t, 2020 $12.0K/t, 2022 $4.1K/t, 2023 $6.2K/t
- Greece: 2017 $2.9K/t, 2019 $7.2K/t, 2020 $2.6K/t, 2022 $7.8K/t, 2023 $7.7K/t
- Germany: 2017 $5.3K/t, 2019 $4.2K/t, 2020 $5.5K/t, 2022 $4.4K/t, 2023 $4.7K/t

## Annual price trend and growth

| Year | Weighted unit value | Change vs prior reported year | Trade value | Markets |
|---:|---:|---:|---:|---:|
| 2017 | $5.1K/t | Not reported | $142.8M | 107 |
| 2019 | $5.3K/t | +3.8% | $152.1M | 112 |
| 2020 | $5.5K/t | +2.9% | $139.1M | 111 |
| 2022 | $5.3K/t | -3.5% | $164.7M | 116 |
| 2023 | $5.1K/t | -2.9% | $126.6M | 122 |

## Methodology

Price = reported trade value in USD / reported quantity in metric tons. The median is calculated across reported market unit values for the same product and year. Price spread = (highest market price - lowest market price) / median market price x 100. Vs median = (market unit value - market median) / market median x 100. Price position is not a profitability claim.

Coverage: 2017-2023; 134 importer markets; 568 reported market-year observations.

## FAQ

### What does Latvia price positioning show for HS 220860?

It compares Latvia's reported unit values across markets with each market's median for the same product and year.

### What does above or below median mean?

Above median means the observed unit value is higher than the market median; below median means it is lower. It does not by itself indicate profit or quality.

### How is the export price calculated?

The reported unit value is trade value divided by reported quantity, expressed per metric ton when quantity is available.

### Can I compare this with the wider Vodka market?

Yes. Use the product overview and methodology links to compare price positioning with market size, exporter reach, and reported trade history.

## Complete structured values

{
  "pageType": "exporter-price-positioning",
  "source": "reported",
  "exporter": "LVA",
  "hs_code": "220860",
  "summary": {
    "num_markets": 134,
    "highest_price_importer_iso3": "BIH",
    "highest_price_usd_per_ton": 96840,
    "lowest_price_importer_iso3": "TGO",
    "lowest_price_usd_per_ton": 239.5590142671855,
    "median_price_across_markets": 3773.538605814317,
    "price_spread_pct": 2559.943095239296,
    "avg_quantity_metric_tons": 241.53095598591545,
    "total_trade_value_usd": 725213078
  },
  "marketRows": [
    {
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      "trade_value_usd": 52937642,
      "market_median_price_usd_per_ton": 6929.539207903135,
      "price_vs_median_pct": 20.601134249306853,
      "price_position": "Mid"
    },
    {
      "year": 2023,
      "exporter_iso3": "LVA",
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    },
    {
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  "marketAggregates": [
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      "importer_iso3": "KAZ",
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      "importer_iso3": "BGR",
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      "importer_iso3": "ARE",
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    {
      "importer_iso3": "BIH",
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