Estonia - Malt (Not Roasted) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMalt Price in Estonia - 2023
Contents:
- Malt Price in Estonia (CIF) - 2023
- Malt Price in Estonia (FOB) - 2023
- Malt Imports in Estonia
- Malt Exports in Estonia
Malt Price in Estonia (CIF) - 2023
The average malt import price stood at $861 per ton in September 2023, with an increase of 2.2% against the previous month. Over the period under review, import price indicated a noticeable increase from September 2022 to September 2023: its price increased at an average monthly rate of +3.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, malt import price increased by +6.1% against July 2023 indices. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 26% against the previous month. The import price peaked in September 2023.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the highest price was recorded for prices from the UK ($1,112 per ton) and Germany ($988 per ton), while the price for Lithuania ($814 per ton) and Latvia ($853 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Latvia (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Malt Price in Estonia (FOB) - 2023
In September 2023, the average malt export price amounted to $1,363 per ton, picking up by 3% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +3.7%. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 10% m-o-m. The export price peaked in September 2023.
Average prices varied noticeably for the major export markets. In September 2023, the countries with the highest prices were Ukraine ($1,555 per ton) and Bulgaria ($1,402 per ton), while the average price for exports to Latvia ($1,311 per ton) and Denmark ($1,324 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.
Malt Imports in Estonia
In 2022, supplies from abroad of malt (not roasted) decreased by -3.6% to 18K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 10%. As a result, imports attained the peak of 19K tons, and then declined slightly in the following year.
In value terms, malt imports rose significantly to $9.5M in 2022. The total import value increased at an average annual rate of +9.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 15% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.
Import of Malt in Estonia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lithuania | 3.0 | 6.2 | 6.9 | 6.3 | 28.1% |
Finland | 0.2 | 0.2 | 0.2 | 1.2 | 81.7% |
United Kingdom | N/A | 0.3 | 0.6 | 1.1 | 91.5% |
Latvia | 0.6 | 0.6 | 0.5 | 0.6 | 0.0% |
Denmark | 3.4 | 0.1 | 0.1 | 0.1 | -69.1% |
Others | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
Total | 7.4 | 7.4 | 8.5 | 9.5 | 8.7% |
Top Suppliers of Malt to Estonia in 2022:
- Lithuania (12.9K tons)
- Finland (2.5K tons)
- United Kingdom (1.4K tons)
- Latvia (1.0K tons)
- Denmark (0.1K tons)
Malt Exports in Estonia
In 2022, after three years of growth, there was significant decline in shipments abroad of malt (not roasted), when their volume decreased by -8.6% to 2.4K tons. In general, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +12.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +40.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. As a result, the exports attained the peak of 2.6K tons, and then declined in the following year.
In value terms, malt exports reduced to $2.2M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +13.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +44.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 37% against the previous year. As a result, the exports attained the peak of $2.5M, and then shrank in the following year.
Export of Malt in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 470 | 594 | 695 | 568 | 6.5% |
Russia | 400 | 801 | 929 | 534 | 10.1% |
Finland | 0.2 | 120 | 273 | 321 | 1070.8% |
Latvia | 450 | 172 | 243 | 257 | -17.0% |
Sweden | 5.3 | 16.0 | 116 | 195 | 232.6% |
Bulgaria | 67.3 | 82.5 | 129 | 123 | 22.3% |
Denmark | N/A | 1.3 | 70.2 | 106 | 803.0% |
Lithuania | 61.7 | 24.1 | 51.0 | 74.9 | 6.7% |
Others | 87.6 | 45.3 | 38.8 | 51.9 | -16.0% |
Total | 1,542 | 1,856 | 2,544 | 2,230 | 13.1% |
Top Export Markets for Malt from Estonia in 2022:
- Russia (577.6 tons)
- Poland (561.4 tons)
- Finland (343.7 tons)
- Latvia (288.5 tons)
- Sweden (215.9 tons)
- Bulgaria (127.3 tons)
- Denmark (112.9 tons)
- Lithuania (73.7 tons)
This report provides an in-depth analysis of the malt market in Estonia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 11061030 - Malt, not roasted (excluding alcohol duty)
Country coverage:
- Estonia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Estonia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the malt market in Estonia.
This report provides an in-depth analysis of the malt market in Estonia.
This report provides an in-depth analysis of the roasted malt market in Estonia.
This report provides an in-depth analysis of the global malt market.
This report provides an in-depth analysis of the global malt market.
This report provides an in-depth analysis of the global roasted malt market.
This report provides an in-depth analysis of the malt market in Estonia.
This report provides an in-depth analysis of the malt market in Estonia.
This report provides an in-depth analysis of the roasted malt market in Estonia.
This report provides an in-depth analysis of the global malt market.
The global malt market is expected to see continued growth over the next seven years, with an anticipated increase in consumption volume and market value. China leads the market in both consumption and production of malt, while Brazil is the largest importer of malt worldwide. The article also highlights trends in malt exports and import prices.
Explore the top import markets for malt based on the import value in 2023. Discover which countries are leading in malt imports and driving the global demand for this crucial ingredient in beer production.
In 2015, the malt market amounted to X thousand tons, with a X% decline over the last year.
The global malt market was estimated at approx. X million tons in 2015; over X% of this is produced from barley.
Despite a dip in exports in 2014, France continued its dominance in the global malt trade. In 2014, France exported X thousand tons of malt totaling X million USD, X% under the previous year. Its primary trading partner was Belgium, where it su
In 2013, France and Belgium were the main global suppliers of malt with a combined share of X% of global exports. However, the fastest growing suppliers from 2007 to 2013 were Germany (+X% per year) and Uruguay (+X% per year). Despite being the larg
The global malt market is expected to see continued growth over the next seven years, with an anticipated increase in consumption volume and market value. China leads the market in both consumption and production of malt, while Brazil is the largest importer of malt worldwide. The article also highlights trends in malt exports and import prices.
Explore the top import markets for malt based on the import value in 2023. Discover which countries are leading in malt imports and driving the global demand for this crucial ingredient in beer production.
In 2015, the malt market amounted to X thousand tons, with a X% decline over the last year.
The global malt market was estimated at approx. X million tons in 2015; over X% of this is produced from barley.