Preserved Sauerkraut Price in Estonia - 2023
Contents:
- Preserved Sauerkraut Price in Estonia (CIF) - 2022
- Preserved Sauerkraut Price in Estonia (FOB) - 2023
- Preserved Sauerkraut Imports in Estonia
- Preserved Sauerkraut Exports in Estonia
Preserved Sauerkraut Price in Estonia (CIF) - 2022
In 2022, the average preserved sauerkraut import price amounted to $2,166 per ton, declining by -5.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 22% against the previous year. As a result, import price reached the peak level of $2,287 per ton, and then declined in the following year.
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 ($4,353 per ton), while the price for Latvia ($1,120 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Sauerkraut Price in Estonia (FOB) - 2023
In September 2023, the average preserved sauerkraut export price amounted to $4,353 per ton, approximately reflecting the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in November 2022 an increase of 134% m-o-m. Over the period under review, the average export prices attained the peak figure at $7,194 per ton in June 2023; however, from July 2023 to September 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Sweden ($4,670 per ton), while the average price for exports to Latvia ($1,442 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (0.0%), while the prices for the other major destinations experienced a decline.
Preserved Sauerkraut Imports in Estonia
In 2022, after three years of growth, there was decline in overseas purchases of preserved sauerkraut, when their volume decreased by -2.2% to 1.8K tons. The total import volume increased at an average annual rate of +3.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 7%.
In value terms, preserved sauerkraut imports dropped to $4M in 2022. The total import value increased at an average annual rate of +8.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 30% against the previous year. As a result, imports reached the peak of $4.3M, and then reduced in the following year.
| Import of Preserved Sauerkraut in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 469 | 487 | 637 | 656 | 11.8% |
| Lithuania | 359 | 425 | 414 | 407 | 4.3% |
| Finland | 303 | 343 | 486 | 401 | 9.8% |
| Latvia | 322 | 352 | 388 | 390 | 6.6% |
| Hungary | 476 | 411 | 410 | 327 | -11.8% |
| Italy | 215 | 203 | 237 | 319 | 14.1% |
| Spain | 174 | 451 | 641 | 155 | -3.8% |
| Ukraine | 100 | 155 | 169 | 152 | 15.0% |
| Germany | 353 | 95.3 | 149 | 131 | -28.1% |
| Turkey | 20.9 | 103 | 98.8 | 78.6 | 55.5% |
| Others | 373 | 288 | 674 | 971 | 37.6% |
| Total | 3,163 | 3,314 | 4,305 | 3,988 | 8.0% |
Top Suppliers of Preserved Sauerkraut to Estonia in 2022:
- Poland (429.2 tons)
- Latvia (348.3 tons)
- Lithuania (198.8 tons)
- Hungary (126.3 tons)
- Italy (108.6 tons)
- Ukraine (107.9 tons)
- Finland (92.2 tons)
- Turkey (46.9 tons)
- Spain (35.5 tons)
- Germany (31.4 tons)
Preserved Sauerkraut Exports in Estonia
In 2022, the amount of preserved sauerkraut exported from Estonia reduced to 463 tons, shrinking by -11% on the previous year's figure. Over the period under review, exports showed a perceptible decline. The pace of growth appeared the most rapid in 2021 when exports increased by 16%. As a result, the exports attained the peak of 520 tons, and then shrank in the following year.
In value terms, preserved sauerkraut exports shrank dramatically to $2M in 2022. In general, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 26%. As a result, the exports attained the peak of $2.4M, and then reduced notably in the following year.
| Export of Preserved Sauerkraut in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 2,139 | 1,710 | 2,219 | 1,818 | -5.3% |
| Latvia | 90.3 | 76.3 | 82.1 | 89.9 | -0.1% |
| Russia | 48.3 | 52.0 | 81.5 | 32.0 | -12.8% |
| Hungary | N/A | N/A | N/A | 15.3 | 0% |
| Lithuania | 40.0 | 25.5 | 29.4 | 7.5 | -42.8% |
| Others | 82.2 | 74.6 | 24.1 | 39.3 | -21.8% |
| Total | 2,400 | 1,939 | 2,436 | 2,002 | -5.9% |
Top Export Markets for Preserved Sauerkraut from Estonia in 2022:
- Finland (390.9 tons)
- Latvia (37.7 tons)
- Hungary (14.6 tons)
- Russia (7.7 tons)
- Lithuania (3.6 tons)
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