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The Russian invasion of Ukraine that has occurred between two of the largest exporters of food and energy in the world has had an impact to global energy and food industry in 2022. One of the biggest industries that was affected by this war is the dairy industry. The dairy industry is one of the most important agricultural industries apart from grain production in the Baltic States - Latvia, Estonia and Lithuania. And the Russia- Ukraine war has had and is further impacting dairy sector in the Baltic States. Simul...

Agriculture is an important sector of the economy in the European Union (EU) and milk production is one of the most significant agricultural sectors in Latvia. It has proven itself as the sector with stable development and future perspective. The purpose of this study is to analyse the dairy sector in Latvia and trends in its historical development and the future perspectives. To reach these purposes research tasks were set which helped to analyse the key elements of dairy sector in Latvia. This study allowed to c...