Flakes; of Potatoes Price in Estonia - 2023

Contents:

1. Flakes; of Potatoes Price in Estonia (CIF) - 2023
2. Flakes; of Potatoes Price in Estonia (FOB) - 2022
3. Flakes; of Potatoes Imports in Estonia
4. Flakes; of Potatoes Exports in Estonia

Flakes; of Potatoes Price in Estonia (CIF) - 2023

In September 2023, the average flakes; of potatoes import price amounted to $3,031 per ton, jumping by 22% against the previous month. Over the last ten months, it increased at an average monthly rate of +3.8%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In September 2023, the country with the highest price was Latvia ($4,104 per ton), while the price for Finland ($2,863 per ton) was amongst the lowest.

From November 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Denmark (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Flakes; of Potatoes Price in Estonia (FOB) - 2022

In 2022, the average flakes; of potatoes export price amounted to $2,123 per ton, growing by 64% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. 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 ($2,139 per ton), while the average price for exports to Sweden ($1,397 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 Russia (+48.1%), while the prices for the other major destinations experienced mixed trend patterns.

Flakes; of Potatoes Imports in Estonia

In 2022, purchases abroad of flakes; of potatoeses increased by 31% to 448 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a deep slump.

In value terms, flakes; of potatoes imports skyrocketed to $806K in 2022. Over the period under review, imports, however, faced a abrupt decline.

Top Suppliers of Flakes; of Potatoes to Estonia in 2022:

1. Poland (154.8 tons)
2. Finland (125.7 tons)
3. Denmark (111.4 tons)
4. Belgium (19.4 tons)
5. Germany (19.2 tons)
6. Latvia (13.5 tons)

Flakes; of Potatoes Exports in Estonia

Flakes; of potatoes exports from Estonia surged to 20 tons in 2022, jumping by 553% compared with the previous year's figure. Overall, exports, however, showed a precipitous setback.

In value terms, flakes; of potatoes exports surged to $42K in 2022. In general, exports, however, recorded a sharp decrease.

Top Export Markets for Flakes; of Potatoes from Estonia in 2022:

1. Russia (19.2 tons)
2. Sweden (0.3 tons)
3. Finland (0.1 tons)

Source: IndexBox Market Intelligence Platform