Wheat — Producer Price in Latvia

Latvia: Wheat — Producer Price was 215.6 USD in 2024. ▲ Rising

Latest (2024)
215.6 USD
Change on year
down 5.8%
World rank
64th
of 91 countries
All-time high
305 USD
in 2022
All-time low
72.6 USD
in 1993
Years of data
32
1992–2024

Wheat — Producer Price in Latvia, 1992–2024

501001502002503001992200820241992: 129 USD1993: 72.6 USD1995: 132.7 USD1996: 172.5 USD1997: 136 USD1998: 108.5 USD1999: 102.5 USD2000: 100.6 USD2001: 94 USD2002: 97.1 USD2003: 110.2 USD2004: 125.9 USD2005: 109.8 USD2006: 139.2 USD2007: 256.9 USD2008: 226.7 USD2009: 158.2 USD2010: 218.7 USD2011: 277.3 USD2012: 272.5 USD2013: 243.7 USD2014: 205.6 USD2015: 164.1 USD2016: 149.3 USD2017: 167.2 USD2018: 203.1 USD2019: 182.2 USD2020: 194.6 USD2021: 238.9 USD2022: 305 USD2023: 228.9 USD2024: 215.6 USD

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

Analysis

The most recent figure for wheat — producer price in Latvia is 215.6 USD, measured in 2024.

Compared with earlier readings it is down 5.8% on the previous year and up 4.9% over ten years.

Over the whole period, wheat — producer price in Latvia peaked at 305 USD in 2022 and was at its lowest, 72.6 USD, in 1993.

That places Latvia 64th out of 91 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently rising across the 32 years of available data.

Wheat — Producer Price in Latvia, year by year

Annual values for Wheat — Producer Price (USD/tonne) in Latvia, 1992 to 2024.
Year USD Change
1992 129 USD
1993 72.6 USD -43.7%
1995 132.7 USD +82.8%
1996 172.5 USD +30.0%
1997 136 USD -21.2%
1998 108.5 USD -20.2%
1999 102.5 USD -5.5%
2000 100.6 USD -1.9%
2001 94 USD -6.6%
2002 97.1 USD +3.3%
2003 110.2 USD +13.5%
2004 125.9 USD +14.2%
2005 109.8 USD -12.8%
2006 139.2 USD +26.8%
2007 256.9 USD +84.6%
2008 226.7 USD -11.8%
2009 158.2 USD -30.2%
2010 218.7 USD +38.2%
2011 277.3 USD +26.8%
2012 272.5 USD -1.7%
2013 243.7 USD -10.6%
2014 205.6 USD -15.6%
2015 164.1 USD -20.2%
2016 149.3 USD -9.0%
2017 167.2 USD +12.0%
2018 203.1 USD +21.5%
2019 182.2 USD -10.3%
2020 194.6 USD +6.8%
2021 238.9 USD +22.8%
2022 305 USD +27.7%
2023 228.9 USD -25.0%
2024 215.6 USD -5.8%

Averages by decade

DecadeAverage LowestHighest Years
1990s 121.97 USD 72.6 USD 172.5 USD 7
2000s 141.86 USD 94 USD 256.9 USD 10
2010s 208.37 USD 149.3 USD 277.3 USD 10
2020s 236.6 USD 194.6 USD 305 USD 5

Countries ranked near Latvia

  1. 61 Kyrgyzstan 220.5 USD compare
  2. 62 Azerbaijan 217.6 USD compare
  3. 63 Brazil 216.8 USD compare
  4. 65 North Macedonia 213.8 USD compare
  5. 66 Estonia 209.8 USD compare
  6. 67 Australia 207.9 USD compare

See the full ranking of 97 places →

More economy & growth data for Latvia

All data for Latvia →

Frequently asked questions

What is wheat — producer price in Latvia?
Wheat — producer price in Latvia was 215.6 USD in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest wheat — producer price recorded in Latvia?
The highest recorded value was 305 USD in 2022.
What is the lowest wheat — producer price recorded in Latvia?
The lowest recorded value was 72.6 USD in 1993.
How does Latvia rank for wheat — producer price?
Latvia ranks 64th out of 91 countries with data for 2024.
Is wheat — producer price rising or falling in Latvia?
Over the last ten years it is up 4.9%. The long-run trend across the full record is rising.
Where does this Latvia data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Wheat — Producer Price (USD/tonne). Statizoid updates them automatically from the source API.

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Wheat — Producer Price in Latvia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 27 August 2026, from https://economy.statizoid.com/stat/wheat-producer-price-usd-tonne/latvia/

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About this data

Indicator
Wheat — Producer Price (USD/tonne)
Unit
USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
97 places, 2,699 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.