Meat of sheep, fresh or chilled — Producer Price in Latvia

Latvia: Meat of sheep, fresh or chilled — Producer Price was 4,875 LCU in 2024. ◆ Volatile

Latest (2024)
4,875 LCU
Change on year
up 2.5%
World rank
65th
of 73 countries
All-time high
4,875 LCU
in 2024
All-time low
265 LCU
in 1992
Years of data
19
1992–2024

Meat of sheep, fresh or chilled — Producer Price in Latvia, 1992–2024

01.0k2.0k3.0k4.0k5.0k1992200820241992: 265 LCU1993: 373 LCU1994: 650 LCU1995: 650 LCU1996: 748 LCU1999: 906 LCU2000: 879 LCU2001: 1.2k LCU2014: 3.4k LCU2015: 3.3k LCU2016: 3.4k LCU2017: 3.4k LCU2018: 3.4k LCU2019: 3.3k LCU2020: 3.4k LCU2021: 4.0k LCU2022: 4.8k LCU2023: 4.8k LCU2024: 4.9k LCU

Source: Food and Agriculture Organization of the United Nations. Measured in LCU.

Analysis

The most recent figure for meat of sheep, fresh or chilled — producer price in Latvia is 4,875 LCU, measured in 2024. That is the highest value across all 19 years on record.

Compared with earlier readings it is up 2.5% on the previous year and up 45.3% over ten years.

Over the whole period, meat of sheep, fresh or chilled — producer price in Latvia peaked at 4,875 LCU in 2024 and was at its lowest, 265 LCU, in 1992.

Latvia ranks 65th of 73 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Meat of sheep, fresh or chilled — Producer Price in Latvia, year by year

Annual values for Meat of sheep, fresh or chilled — Producer Price (LCU/tonne) in Latvia, 1992 to 2024.
Year LCU Change
1992 265 LCU
1993 373 LCU +40.8%
1994 650 LCU +74.3%
1995 650 LCU +0.0%
1996 748 LCU +15.1%
1999 906 LCU +21.1%
2000 879 LCU -3.0%
2001 1,200 LCU +36.5%
2014 3,356 LCU +179.7%
2015 3,319 LCU -1.1%
2016 3,358 LCU +1.2%
2017 3,400 LCU +1.3%
2018 3,442 LCU +1.2%
2019 3,299 LCU -4.2%
2020 3,441 LCU +4.3%
2021 3,981 LCU +15.7%
2022 4,772 LCU +19.9%
2023 4,755 LCU -0.4%
2024 4,875 LCU +2.5%

Latvia compared with similar countries

  • Latvia's 4,875 LCU is below the median for high income countries, which is 10,047 LCU, 49% of the median. (32 countries reporting)
  • Latvia's 4,875 LCU is below the median for Europe & Central Asia, which is 9,399 LCU, 52% of the median. (30 countries reporting)

Biggest year-on-year movements

Years where Meat of sheep, fresh or chilled — Producer Price in Latvia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2014 +179.7% 1,200 LCU 3,356 LCU
1994 +74.3% 373 LCU 650 LCU

Averages by decade

DecadeAverage LowestHighest Years
1990s 598.67 LCU 265 LCU 906 LCU 6
2000s 1,040 LCU 879 LCU 1,200 LCU 2
2010s 3,362 LCU 3,299 LCU 3,442 LCU 6
2020s 4,365 LCU 3,441 LCU 4,875 LCU 5

Countries ranked near Latvia

  1. 62 Azerbaijan 7,220 LCU compare
  2. 63 Greece 5,770 LCU compare
  3. 64 Finland 4,879 LCU compare
  4. 66 Spain 4,420 LCU compare
  5. 67 Australia 4,065 LCU compare
  6. 68 Estonia 3,862 LCU compare

See the full ranking of 76 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is meat of sheep, fresh or chilled — producer price in Latvia?
Meat of sheep, fresh or chilled — producer price in Latvia was 4,875 LCU in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest meat of sheep, fresh or chilled — producer price recorded in Latvia?
The highest recorded value was 4,875 LCU in 2024.
What is the lowest meat of sheep, fresh or chilled — producer price recorded in Latvia?
The lowest recorded value was 265 LCU in 1992.
How does Latvia rank for meat of sheep, fresh or chilled — producer price?
Latvia ranks 65th out of 73 countries with data for 2024.
Is meat of sheep, fresh or chilled — producer price rising or falling in Latvia?
Over the last ten years it is up 45.3%. The long-run trend across the full record is volatile.
Where does this Latvia data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Meat of sheep, fresh or chilled — Producer Price (LCU/tonne). Statizoid updates them automatically from the source API.

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Meat of sheep, fresh or chilled — Producer Price in Latvia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 15 September 2026, from https://economy.statizoid.com/stat/meat-of-sheep-fresh-or-chilled-producer-price-lcu-tonne/latvia/

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About this data

Indicator
Meat of sheep, fresh or chilled — Producer Price (LCU/tonne)
Unit
LCU
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
76 places, 1,418 data points, 1991–2024
Last refreshed

This sub-domain contains data on agriculture producer prices and the producer price index. Agriculture producer prices are prices received by farmers for primary crops, live animals and livestock primary products as collected at the point of initial sale (prices paid at the farm gate). Annual data are provided from 1991 (while mothly data start in January 2010) for 180 countries and 212 products. The producer price index is the index of agricultural producer prices that measures the average annual change over time in the selling prices received by farmers (prices at the farm gate or at the first point of sale). The three categories of producer price index available in FAOSTAT comprise: single-item price index, commodity group index and the agriculture producer price index.