Clementines Price in Estonia - 2023
Contents:
- Clementines Price in Estonia (CIF) - 2022
- Clementines Price in Estonia (FOB) - 2022
- Clementines Imports in Estonia
- Clementines Exports in Estonia
Clementines Price in Estonia (CIF) - 2022
The average clementines import price stood at $1,245 per ton in 2022, surging by 1.9% against the previous year. Over the period from 2017 to 2022, it increased at an average annual rate of +5.3%. The pace of growth appeared the most rapid in 2021 an increase of 15%. The import price peaked in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Latvia ($2,232 per ton), while the price for Greece ($947 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+26.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Clementines Price in Estonia (FOB) - 2022
In 2022, the average clementines export price amounted to $2,498 per ton, increasing by 28% against the previous year. Over the period under review, export price indicated prominent growth from 2017 to 2022: its price increased at an average annual rate of +11.2% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, clementines export price increased by +81.7% against 2019 indices. The pace of growth was the most pronounced in 2020 when the average export price increased by 45% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the near future.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($2,593 per ton), while the average price for exports to Finland amounted to $1,583 per ton.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+17.4%).
Clementines Imports in Estonia
For the third year in a row, Estonia recorded decline in supplies from abroad of fruit, edible, which decreased by -32.9% to 3.2K tons in 2022. In general, imports faced a abrupt shrinkage. The smallest decline of -6.8% was in 2020.
In value terms, clementines imports declined notably to $3.9M in 2022. Overall, imports recorded a abrupt decrease. The smallest decline of -5.1% was in 2021.
| Import of Clementines in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 4.6 | 3.4 | 3.4 | 3.2 | -11.4% |
| Italy | 0.5 | 0.7 | 0.4 | 0.2 | -26.3% |
| Morocco | N/A | N/A | N/A | 0.2 | 0% |
| Greece | N/A | N/A | N/A | 0.1 | 0% |
| Latvia | 0.7 | 1.2 | 1.2 | N/A | 30.9% |
| Netherlands | 0.4 | 0.7 | 0.4 | N/A | 0.0% |
| Others | 0.2 | 0.1 | 0.3 | 0.3 | 14.5% |
| Total | 6.4 | 6.1 | 5.7 | 3.9 | -15.2% |
Top Suppliers of Clementines to Estonia in 2022:
- Spain (2541.7 tons)
- Italy (187.4 tons)
- Morocco (164.4 tons)
- Greece (95.2 tons)
- Netherlands (2.6 tons)
- Latvia (0.3 tons)
Clementines Exports in Estonia
In 2022, approx. 13 tons of fruit, edible were exported from Estonia; with an increase of 52% against the year before. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 203% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, clementines exports skyrocketed to $31K in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 196% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Export of Clementines in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 3.7 | 0.4 | 13.1 | 29.6 | 100.0% |
| Finland | N/A | N/A | N/A | 1.9 | 0% |
| Portugal | 1.9 | N/A | N/A | N/A | 0% |
| Netherlands | N/A | 5.1 | 1.3 | N/A | -74.5% |
| Others | 0.7 | N/A | 1.7 | N/A | 55.8% |
| Total | 6.3 | 5.4 | 16.1 | 31.4 | 70.8% |
Top Export Markets for Clementines from Estonia in 2022:
- Latvia (11.4 tons)
- Finland (1.2 tons)
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