Mandarins Price in Estonia - 2023

Contents:

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

Mandarins Price in Estonia (CIF) - 2022

The average mandarins import price stood at $1,191 per ton in 2022, growing by 13% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 ($1,834 per ton), while the price for Georgia ($384 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+1.1%), while the prices for the other major suppliers experienced a decline.

Mandarins Price in Estonia (FOB) - 2022

The average mandarins export price stood at $1,656 per ton in 2022, rising by 37% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible contraction. The pace of growth was the most pronounced in 2021 an increase of 57% against the previous year. Over the period under review, the average export prices attained the maximum at $1,911 per ton in 2017; however, from 2018 to 2022, the export prices stood 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 Latvia ($3,672 per ton), while the average price for exports to Lithuania ($558 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+9.6%), while the prices for the other major destinations experienced a decline.

Mandarins Imports in Estonia

In 2022, the amount of fruit, edible imported into Estonia surged to 2.7K tons, with an increase of 23% compared with the year before. Overall, imports posted a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 311% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, mandarins imports soared to $3.2M in 2022. Over the period under review, imports enjoyed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 321%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Mandarins in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain1952406131,05475.5%
Latvia1921347131,02674.8%
Netherlands51.567.534640699.0%
Finland6.78.454.9297253.9%
Lithuania97.292.949622632.5%
PolandN/AN/AN/A1860%
GeorgiaN/AN/A73.818.2-75.3%
Others10.18.220.721.929.4%
Total5535502,3173,23680.2%

Top Suppliers of Mandarins to Estonia in 2022:

  1. Spain (906.0 tons)
  2. Latvia (852.8 tons)
  3. Netherlands (346.5 tons)
  4. Lithuania (224.1 tons)
  5. Poland (164.8 tons)
  6. Finland (161.8 tons)
  7. Georgia (47.3 tons)

Mandarins Exports in Estonia

Mandarins exports from Estonia soared to 1.7 tons in 2022, rising by 159% against the previous year. In general, exports, however, continue to indicate a abrupt setback.

In value terms, mandarins exports skyrocketed to $2.9K in 2022. Over the period under review, exports, however, recorded a deep slump.

Export of Mandarins in Estonia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
SpainN/AN/AN/A1,5100%
LatviaN/AN/A3251,142251.4%
Netherlands1642.062.060.0-28.5%
Lithuania4,140N/A42053.0-76.6%
SlovakiaN/A2,291N/AN/A0%
OthersN/A1.01.0101905.0%
Total4,3042,2948082,866-12.7%

Top Export Markets for Mandarins from Estonia in 2022:

  1. Spain (1265.0 kg)
  2. Latvia (311.0 kg)
  3. Lithuania (95.0 kg)
  4. Netherlands (35.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Mandarins - Estonia