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    Home > Food News > Food Articles > Canned demand will continue to grow in 2022, and retail will add uncertainty in 2023

    Canned demand will continue to grow in 2022, and retail will add uncertainty in 2023

    • Last Update: 2022-10-31
    • Source: Internet
    • Author: User
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    Demand for canned food rose at the beginning of the global pandemic in 2020, and after the war in Ukraine, this demand heated
    up again.
     
    At Conxemar 2022, Sanita Legajeva, sales director of Latvian canned producer Karavela, said, "In some markets, the demand for canned fish increased 3-4 times in 2022, and although we have increased prices several times, there seems to be no change
    in demand.
    " Our sales have been good since 2020 and this year can be said to be another successful year
    .
     
    "Of course, we face the same problems as other companies, including energy and logistics costs
    .
    Nevertheless, we managed to retain customers and increase production, with plans for 2022 to produce 84 million cans, achieving revenues of €65 million and a profit
    of €4 million.
     
    Legajeva said the fourth quarter will be the busiest time, with the company planning to produce 90 million cans
    next year.
    "We will be pragmatic and look at every step of the way
    .
    Hoping to support customers as much as possible by offering different solutions, the goal for 2023 is at least to maintain the same pace of expansion as in previous years and to be ready
    for 2024.
     
    However, Legajeva expects 2023 to be challenging for retailers, "given that consumer behavior is more conservative and many retailers do not plan to add new products, there is a lot of uncertainty
    about what will happen next year.
    " ”
     
    Karavela products are sold to Germany, Sweden, Denmark, the United Kingdom, Ukraine, Latvia, Canada, Azerbaijan, Uzbekistan and Georgia, among other markets
    .
    "We plan to enter the U.
    S.
    through Amazon very soon.

    We're now trying to get feedback from U.
    S.
    consumers because each market has different preferences
    .
     
    "Another target is the Nordic market, which is closer to us, but also the Asian market, and we need to know more deeply
    .
    In addition, we have received expressions of interest from buyers from different other countries, which will be further studied
    in the coming years.
    Legajeva said
    .
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