Frozen Whole Chicken Price in Estonia - 2023
Contents:
- Frozen Whole Chicken Price in Estonia (CIF) - 2022
- Frozen Whole Chicken Price in Estonia (FOB) - 2022
- Frozen Whole Chicken Imports in Estonia
- Frozen Whole Chicken Exports in Estonia
Frozen Whole Chicken Price in Estonia (CIF) - 2022
The average frozen whole chicken import price stood at $2,126 per ton in 2022, with an increase of 30% against the previous year. Overall, the import price showed a relatively flat trend pattern. The import price peaked at $2,588 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Latvia ($3,966 per ton), while the price for Ukraine ($1,521 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+18.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Whole Chicken Price in Estonia (FOB) - 2022
The average frozen whole chicken export price stood at $2,339 per ton in 2022, dropping by -2.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2013 an increase of 20% against the previous year. As a result, the export price attained the peak level of $2,517 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($3,924 per ton), while the average price for exports to Latvia ($1,934 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 Norway (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Whole Chicken Imports in Estonia
In 2022, overseas purchases of frozen whole chickens were finally on the rise to reach 361 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a abrupt shrinkage.
In value terms, frozen whole chicken imports skyrocketed to $766K in 2022. In general, imports, however, recorded a abrupt setback.
Import of Frozen Whole Chicken in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 6.7 | 104 | 51.1 | 239 | 229.2% |
Denmark | 16.9 | 3.1 | 3.3 | 191 | 124.4% |
Poland | 291 | 223 | 69.9 | 74.6 | -36.5% |
Slovakia | N/A | 2.3 | 3.5 | 68.7 | 446.5% |
Germany | 57.4 | 99.8 | 65.7 | 61.1 | 2.1% |
Latvia | 0.2 | 37.5 | 58.1 | 56.0 | 554.2% |
Lithuania | 127 | 56.4 | 88.9 | 36.3 | -34.1% |
France | 67.0 | 46.3 | 10.4 | 23.3 | -29.7% |
Ukraine | 486 | 3.5 | 10.4 | 1.5 | -85.4% |
Sweden | 4.2 | N/A | 115 | N/A | 423.3% |
Others | 17.6 | 3.6 | 2.9 | 15.4 | -4.4% |
Total | 1,074 | 580 | 479 | 766 | -10.7% |
Top Suppliers of Frozen Whole Chicken to Estonia in 2022:
- Netherlands (124.2 tons)
- Denmark (84.2 tons)
- Poland (40.0 tons)
- Germany (34.8 tons)
- Slovakia (33.6 tons)
- Latvia (14.1 tons)
- Lithuania (11.8 tons)
- France (6.4 tons)
- Ukraine (1.0 tons)
Frozen Whole Chicken Exports in Estonia
Frozen whole chicken exports from Estonia dropped remarkably to 62 tons in 2022, falling by -65.6% compared with 2021. Overall, exports continue to indicate a precipitous decrease. The pace of growth was the most pronounced in 2021 with an increase of 3.5%.
In value terms, frozen whole chicken exports dropped remarkably to $146K in 2022. Over the period under review, exports showed a sharp downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 22%. As a result, the exports attained the peak of $436K, and then declined sharply in the following year.
Export of Frozen Whole Chicken in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | N/A | N/A | N/A | 74.7 | 0% |
Germany | 53.3 | 72.1 | 22.7 | 59.5 | 3.7% |
Norway | 8.0 | 9.7 | 6.9 | 6.3 | -7.7% |
Sweden | 67.0 | 22.5 | 146 | 3.4 | -63.0% |
Finland | 142 | 42.1 | 235 | 1.6 | -77.6% |
Latvia | 42.8 | 29.1 | 4.6 | 0.4 | -78.9% |
United Kingdom | 80.2 | 46.9 | 15.6 | N/A | -55.9% |
Denmark | N/A | 135 | N/A | N/A | 0% |
Others | N/A | 0.1 | 5.5 | N/A | 5400.0% |
Total | 394 | 358 | 436 | 146 | -28.2% |
Top Export Markets for Frozen Whole Chicken from Estonia in 2022:
- Italy (31.7 tons)
- Germany (26.5 tons)
- Norway (1.6 tons)
- Sweden (1.5 tons)
- Finland (0.8 tons)
- Latvia (0.2 tons)
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