Estonia - Lentils - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLentil Price in Estonia - 2023
Contents:
- Lentil Price in Estonia (CIF) - 2022
- Lentil Price in Estonia (FOB) - 2022
- Lentil Imports in Estonia
- Lentil Exports in Estonia
Lentil Price in Estonia (CIF) - 2022
The average lentil import price stood at $1,245 per ton in 2022, surging by 16% against the previous year. In general, the import price, however, recorded a abrupt curtailment. The growth pace was the most rapid in 2021 an increase of 68% against the previous year. The import price peaked at $2,192 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 Finland ($2,818 per ton), while the price for Russia ($796 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Lentil Price in Estonia (FOB) - 2022
In 2022, the average lentil export price amounted to $935 per ton, with an increase of 2.6% against the previous year. Overall, the export price, however, recorded a abrupt setback. The pace of growth appeared the most rapid in 2021 when the average export price increased by 61% against the previous year. Over the period under review, the average export prices hit record highs at $3,035 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($970 per ton), while the average price for exports to Germany amounted to $924 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+39.4%), while the prices for the other major destinations experienced more modest paces of growth.
Lentil Imports in Estonia
In 2022, supplies from abroad of lentils decreased by -36.9% to 353 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a dramatic slump. The pace of growth appeared the most rapid in 2020 with an increase of 10%. As a result, imports attained the peak of 1.1K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, lentil imports fell significantly to $439K in 2022. Overall, imports saw a noticeable contraction. The growth pace was the most rapid in 2020 with an increase of 41%. As a result, imports attained the peak of $673K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Lentil in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 305 | 421 | 395 | 179 | -16.3% |
| Latvia | 8.7 | 55.3 | 60.8 | 82.6 | 111.7% |
| Germany | 4.1 | 93.5 | 77.6 | 79.4 | 168.5% |
| Lithuania | 6.8 | 39.3 | 27.3 | 41.5 | 82.7% |
| Finland | 2.7 | 2.7 | 2.4 | 15.2 | 77.9% |
| Canada | 33.8 | N/A | 0.8 | 14.7 | -24.2% |
| Kazakhstan | N/A | 23.7 | N/A | N/A | 0% |
| Others | 117 | 37.6 | 36.7 | 26.6 | -39.0% |
| Total | 477 | 673 | 601 | 439 | -2.7% |
Top Suppliers of Lentil to Estonia in 2022:
- Russia (225.2 tons)
- Germany (39.2 tons)
- Latvia (37.7 tons)
- Lithuania (23.8 tons)
- Canada (10.1 tons)
- Finland (5.4 tons)
Lentil Exports in Estonia
In 2022, shipments abroad of lentils decreased by -23.5% to 333 tons, falling for the second year in a row after two years of growth. Overall, exports recorded a sharp reduction. The most prominent rate of growth was recorded in 2020 with an increase of 33%. As a result, the exports reached the peak of 1.3K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, lentil exports contracted markedly to $311K in 2022. In general, exports faced a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 62% against the previous year. As a result, the exports attained the peak of $721K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Lentil in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 374 | 555 | 76.4 | 263 | -11.1% |
| Czech Republic | N/A | 46.1 | 158 | 45.9 | -0.2% |
| Lithuania | 34.4 | 49.3 | 17.0 | N/A | -29.7% |
| Poland | 9.9 | 47.7 | 132 | N/A | 265.1% |
| Others | 28.3 | 22.9 | 13.1 | 2.1 | -58.0% |
| Total | 446 | 721 | 397 | 311 | -11.3% |
Top Export Markets for Lentil from Estonia in 2022:
- Germany (284.9 tons)
- Czech Republic (47.4 tons)
This report provides an in-depth analysis of the lentil market in Estonia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 201 - Lentils, dry
Country coverage:
- Estonia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Estonia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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