Estonia - Strawberries - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Estonia - Strawberries - Market Analysis, Forecast, Size, Trends and Insights

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Strawberry Price in Estonia - 2023

Contents:

  1. Strawberry Price in Estonia (CIF) - 2023
  2. Strawberry Price in Estonia (FOB) - 2022
  3. Strawberry Imports in Estonia
  4. Strawberry Exports in Estonia

Strawberry Price in Estonia (CIF) - 2023

The average strawberry import price stood at $6,078 per ton in September 2023, standing approximately at the previous month. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in July 2023 when the average import price increased by 174% m-o-m. Over the period under review, average import prices hit record highs at $7,765 per ton in December 2022; however, from January 2023 to September 2023, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In September 2023, the highest price was recorded for prices from Latvia ($6,710 per ton) and Belgium ($6,176 per ton), while the price for Poland ($5,754 per ton) and the Netherlands ($6,067 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 Poland (+6.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Strawberry Price in Estonia (FOB) - 2022

In 2022, the average strawberry export price amounted to $1,702 per ton, which is down by -5.1% against the previous year. In general, the export price saw a abrupt decrease. The most prominent rate of growth was recorded in 2014 an increase of 141% against the previous year. As a result, the export price reached the peak level of $6,173 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($4,028 per ton), while the average price for exports to Latvia totaled $1,673 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+29.1%), while the prices for the other major destinations experienced more modest paces of growth.

Strawberry Imports in Estonia

In 2022, overseas purchases of strawberries decreased by -12.6% to 2.7K tons, falling for the second consecutive year after two years of growth. Overall, imports showed a abrupt setback. The pace of growth appeared the most rapid in 2020 with an increase of 52% against the previous year. As a result, imports attained the peak of 4.9K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, strawberry imports reached $5.5M in 2022. The total import value increased at an average annual rate of +10.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 35%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Strawberry in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece2,3233,8303,0832,301-0.3%
Latvia0.85636871,1811038.6%
Netherlands51971188197423.3%
Poland36513165.150011.1%
Spain68415191.7264-27.2%
Belgium38.263.917725488.0%
Others12540.582.522.8-43.3%
Total4,0555,4915,0685,49710.7%

Top Suppliers of Strawberry to Estonia in 2022:

  1. Greece (1911.0 tons)
  2. Latvia (298.6 tons)
  3. Poland (245.9 tons)
  4. Netherlands (170.7 tons)
  5. Spain (66.3 tons)
  6. Belgium (45.1 tons)

Strawberry Exports in Estonia

In 2022, shipments abroad of strawberries decreased by -65.5% to 302 tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a dramatic decline. The pace of growth appeared the most rapid in 2020 when exports increased by 5.5%. As a result, the exports reached the peak of 983 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, strawberry exports contracted dramatically to $515K in 2022. Over the period under review, exports recorded a sharp curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 23%. As a result, the exports reached the peak of $1.6M, and then declined remarkably in the following year.

Export of Strawberry in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia1,1341,0141,546500-23.9%
Finland13447.722.413.9-53.0%
PolandN/A155N/AN/A0%
Others10264.51.90.8-80.1%
Total1,3691,2811,570515-27.8%

Top Export Markets for Strawberry from Estonia in 2022:

  1. Latvia (298.8 tons)
  2. Finland (3.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the strawberry 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:

  • FCL 544 - Strawberries

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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