Crispbread Price in Estonia - 2023

Contents:

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

Crispbread Price in Estonia (CIF) - 2022

The average crispbread import price stood at $4,903 per ton in 2022, with a decrease of -14.4% against the previous year. Overall, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 an increase of 30%. Over the period under review, average import prices hit record highs at $5,729 per ton in 2021, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($9,188 per ton), while the price for Ukraine ($2,430 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Crispbread Price in Estonia (FOB) - 2022

The average crispbread export price stood at $6,301 per ton in 2022, surging by 6.9% against the previous year. Overall, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, crispbread export price increased by +145.0% against 2016 indices. The pace of growth was the most pronounced in 2017 an increase of 38% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($7,410 per ton), while the average price for exports to Latvia ($1,000 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 Lithuania (+19.0%), while the prices for the other major destinations experienced more modest paces of growth.

Crispbread Imports in Estonia

In 2022, the amount of crispbread imported into Estonia contracted to 245 tons, waning by -8.1% on the year before. In general, imports recorded a abrupt slump. The smallest decline of -7.8% was in 2020.

In value terms, crispbread imports contracted notably to $1.2M in 2022. Over the period under review, imports saw a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 0.4% against the previous year.

Import of Crispbread in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland1,0611,0161,111711-12.5%
Latvia11611310220220.3%
Lithuania1351541421483.1%
Germany12079.653.079.1-13.0%
Czech RepublicN/A0.1N/A28.01573.3%
UkraineN/AN/AN/A10.90%
Sweden80.4N/AN/A1.4-74.1%
Italy5.212995.2N/A327.9%
Others39.328.323.921.8-17.8%
Total1,5571,5211,5271,201-8.3%

Top Suppliers of Crispbread to Estonia in 2022:

  1. Italy (undefined tons)
  2. Finland (122.6 tons)
  3. Lithuania (48.2 tons)
  4. Latvia (46.2 tons)
  5. Germany (13.8 tons)
  6. Czech Republic (6.3 tons)
  7. Ukraine (4.5 tons)
  8. Sweden (0.1 tons)

Crispbread Exports in Estonia

Crispbread exports from Estonia fell markedly to 11 tons in 2022, dropping by -30.9% compared with 2021. Overall, exports continue to indicate a precipitous shrinkage. The smallest decline of -11.8% was in 2020.

In value terms, crispbread exports contracted rapidly to $72K in 2022. Over the period under review, exports saw a sharp reduction. The smallest decline of -9.7% was in 2020.

Export of Crispbread in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden3.71.10.339.7120.6%
Finland84.638.733.826.0-32.5%
Russia35.754.037.04.5-49.9%
Lithuania1.51.61.21.0-12.6%
Germany0.30.30.30.944.2%
Latvia14.519.613.8N/A-2.4%
KuwaitN/A12.011.2N/A-6.7%
Others0.80.1N/AN/A-87.5%
Total14112797.672.1-20.0%

Top Export Markets for Crispbread from Estonia in 2022:

  1. Latvia (undefined tons)
  2. Sweden (6.3 tons)
  3. Finland (3.5 tons)
  4. Russia (0.9 tons)
  5. Germany (0.5 tons)
  6. Lithuania (0.2 tons)

Source: IndexBox Market Intelligence Platform

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