Concentrated Grapefruit Juice Price in Estonia - 2023

Contents:

  1. Concentrated Grapefruit Juice Price in Estonia (CIF) - 2022
  2. Concentrated Grapefruit Juice Price in Estonia (FOB) - 2022
  3. Concentrated Grapefruit Juice Imports in Estonia
  4. Concentrated Grapefruit Juice Exports in Estonia

Concentrated Grapefruit Juice Price in Estonia (CIF) - 2022

In 2022, the average concentrated grapefruit juice import price amounted to $3,668 per ton, jumping by 35% against the previous year. Over the period under review, the import price saw a prominent expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 127% against the previous year. As a result, import price attained the peak level of $4,711 per ton. From 2021 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for Latvia amounted to +10.7% per year.

Concentrated Grapefruit Juice Price in Estonia (FOB) - 2022

In 2022, the average concentrated grapefruit juice export price amounted to $5,448 per ton, jumping by 251% against the previous year. Overall, the export price posted a resilient expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($5,920 per ton), while the average price for exports to Norway amounted to $2,500 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+31.3%), while the prices for the other major destinations experienced more modest paces of growth.

Concentrated Grapefruit Juice Imports in Estonia

In 2022, the amount of concentrated grapefruit juice imported into Estonia dropped significantly to 27 tons, which is down by -44% on the year before. Over the period under review, imports showed a significant decline. The most prominent rate of growth was recorded in 2021 when imports increased by 17% against the previous year.

In value terms, concentrated grapefruit juice imports fell dramatically to $99K in 2022. Overall, imports showed a significant curtailment. The smallest decline of -2.3% was in 2020.

Import of Concentrated Grapefruit Juice in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands36.511.662.742.75.4%
ChinaN/A75.6N/AN/A0%
Lithuania112N/AN/AN/A0%
CubaN/A29.1N/AN/A0%
BrazilN/AN/A19.5N/A0%
Others49.777.348.356.04.1%
Total19819413198.8-20.7%

Top Suppliers of Concentrated Grapefruit Juice to Estonia in 2022:

  1. Netherlands (14.6 tons)

Concentrated Grapefruit Juice Exports in Estonia

In 2022, the amount of concentrated grapefruit juice exported from Estonia declined remarkably to 116 kg, waning by -24.7% compared with 2021 figures. Overall, exports faced a dramatic curtailment. The smallest decline of -6.1% was in 2020.

In value terms, concentrated grapefruit juice exports skyrocketed to $632 in 2022. In general, exports recorded a precipitous contraction.

Export of Concentrated Grapefruit Juice in Estonia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/AN/A5920%
Norway1,2391,15414440.0-68.2%
OthersN/AN/A95.0N/A0%
Total1,2391,154239632-20.1%

Top Export Markets for Concentrated Grapefruit Juice from Estonia in 2022:

  1. Russia (100.0 kg)
  2. Norway (16.0 kg)

Source: IndexBox Market Intelligence Platform

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