Brown Rice Price in Estonia - 2023

Contents:

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

Brown Rice Price in Estonia (CIF) - 2022

In 2022, the average brown rice import price amounted to $1,128 per ton, dropping by -7.3% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 17%. The import price peaked at $1,217 per ton in 2021, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($1,426 per ton), while the price for Myanmar ($676 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Myanmar (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Brown Rice Price in Estonia (FOB) - 2022

The average brown rice export price stood at $1,857 per ton in 2022, falling by -8.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The pace of growth appeared the most rapid in 2020 when the average export price increased by 23%. The export price peaked at $2,032 per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($2,992 per ton), while the average price for exports to Latvia ($1,550 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.

Brown Rice Imports in Estonia

Brown rice imports into Estonia soared to 383 tons in 2022, jumping by 17% compared with the year before. The total import volume increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, brown rice imports expanded sharply to $432K in 2022. The total import value increased at an average annual rate of +6.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 17%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Brown Rice in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania2.3133128124277.8%
Belgium1041241211143.1%
Latvia27.712511211058.4%
Germany85.613.714.541.5-21.4%
Russia10.70.1N/A18.920.9%
FinlandN/AN/A3.810.6178.9%
Myanmar45.9N/AN/A3.4-58.0%
Greece38.1N/AN/AN/A0%
Others43.323.017.79.0-40.8%
Total3574203974326.6%

Top Suppliers of Brown Rice to Estonia in 2022:

  1. Lithuania (128.4 tons)
  2. Belgium (94.1 tons)
  3. Latvia (91.3 tons)
  4. Germany (31.3 tons)
  5. Russia (22.0 tons)
  6. Finland (7.4 tons)
  7. Myanmar (5.0 tons)

Brown Rice Exports in Estonia

For the third consecutive year, Estonia recorded decline in overseas shipments of husked (brown) rice, which decreased by -21.4% to 28 tons in 2022. In general, exports recorded a sharp downturn. The smallest decline of -3.1% was in 2021.

In value terms, brown rice exports contracted dramatically to $51K in 2022. Over the period under review, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 8.7%.

Export of Brown Rice in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia32.218.320.418.2-17.3%
Finland35.130.932.215.4-24.0%
Lithuania13.911.814.812.5-3.5%
Norway5.74.53.85.1-3.6%
Germany4.9N/AN/AN/A0%
Others0.1N/A0.1N/A0.0%
Total91.965.671.351.2-17.7%

Top Export Markets for Brown Rice from Estonia in 2022:

  1. Latvia (11.8 tons)
  2. Lithuania (7.1 tons)
  3. Finland (7.0 tons)
  4. Norway (1.7 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Estonia - Rice - Market Analysis, Forecast, Size, Trends and Insights
$599
May 1, 2024
Eye 758

This report provides an in-depth analysis of the rice market in Estonia.

Estonia - Paddy Rice - Market Analysis, Forecast, Size, Trends and Insights
$599
May 1, 2024
Eye 142

This report provides an in-depth analysis of the paddy rice market in Estonia.

Estonia - Cereal Grains - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 532

This report provides an in-depth analysis of the grain market in Estonia.

World - Husked (Brown) Rice - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 749

This report provides an in-depth analysis of the global brown rice market.

World - Milled Rice - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 499

This report provides an in-depth analysis of the global milled rice market.

World - Rice - Market Analysis, Forecast, Size, Trends and Insights
$599
May 1, 2024
Eye 7891

This report provides an in-depth analysis of the global rice market.

World - Paddy Rice - Market Analysis, Forecast, Size, Trends and Insights
$599
May 1, 2024
Eye 1589

This report provides an in-depth analysis of the global paddy rice market.

World - Broken Rice - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 1388

This report provides an in-depth analysis of the global broken rice market.

World - Semi-Milled Or Wholly Milled (Bleached) Rice - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 626

This report provides an in-depth analysis of the global milled rice market.

World - Cereal Grains - Market Analysis, Forecast, Size, Trends And Insights
$599
May 1, 2024
Eye 3957

This report provides an in-depth analysis of the global grain market.

The World's Best Import Markets for Rice
Feb 16, 2024
Eye 295

Explore the top import markets for rice and discover key statistics and insights. Learn about the countries with the highest import value for rice, including China, the Philippines, Iran, and more.

Rice Price to Stabilize on Adequate Supply and Low-Cost Shipments from India
Feb 14, 2022
Eye 837

This year, rice prices are forecast to ease, thanks primarily to rising production and exports from India, Thailand, Vietnam, China, and Pakistan. India dominates global trade, more than doubling its supplies at a competitive cost over the past two years. 

Crowding Competitors Out with Lower Prices, Indian Exports Dominate the Global Rice Market
Apr 6, 2021
Eye 799

Over 2020-2021 period, the global rice market displayed robust production indicators. Despite a pronounced shortage of shipping containers threatening to disrupt supplies to Africa, the global rice export market continues to expand. India maintains its status as the largest exporter, boasting the most competitive rice export prices. 

China Emerges as the Largest Rice Importer in the World
Apr 19, 2018
Eye 1429

Global rice consumption amounted to X tons in 2016 (in terms of milled rice weight), posting modest but robust gains from 2007-2016. The total consumption volume increased at an average annual rate of +X%. Over the period under review, the globa

Which Country Eats the Most Rice in the World?
Feb 9, 2018
Eye 10426

Global rice consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.

Which Country Exports the Most Rice in the World?
Feb 1, 2018
Eye 2162

Global rice exports amounted to X thousand tons in 2015, descending by -X% against the previous year level.

Which Country Imports the Most Rice in the World?
Jan 25, 2018
Eye 1507

Global rice imports amounted to X thousand tons in 2015, declining by -X% against the previous year level.

Which Country Produces the Most Rice in the World?
Nov 10, 2017
Eye 1552

In 2015, the countries with the highest levels of rice production were China (X thousand tons), India (X thousand tons), Indonesia (X thousand tons), together accounting for X% of total output.

Rice Market - India’s Rice Exports Slipped 3% in 2014
Sep 7, 2015
Eye 1340

India, despite a slight drop in exports in 2014, continued its dominance in the global rice trade. In 2014, India exported X thousand tons of rice totaling X million USD, X% under the previous year. Its primary trading partner was Saudi Arab

The Top Import Markets for Milled Rice
Apr 22, 2024
Eye 86

Explore the top import markets for milled rice and learn about the key statistics and trends in these countries. Discover the role these import markets play in the global rice trade.

Free Data: Husked (Brown) Rice - Estonia