Estonia - Tuna (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Tuna Price in Estonia - 2023
Contents:
- Preserved Tuna Price in Estonia (CIF) - 2023
- Preserved Tuna Price in Estonia (FOB) - 2022
- Preserved Tuna Imports in Estonia
- Preserved Tuna Exports in Estonia
Preserved Tuna Price in Estonia (CIF) - 2023
The average preserved tuna import price stood at $6,200 per ton in September 2023, increasing by 17% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.0%. The import price peaked at $6,509 per ton in June 2023; however, from July 2023 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Finland ($8,147 per ton), while the price for Ecuador ($3,689 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Lithuania (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Tuna Price in Estonia (FOB) - 2022
In 2022, the average preserved tuna export price amounted to $6,724 per ton, shrinking by -11.1% against the previous year. In general, the export price, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 256%. Over the period under review, the average export prices attained the maximum at $7,565 per ton in 2021, and then contracted in the following year.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Norway ($8,641 per ton) and Lithuania ($7,574 per ton), while the average price for exports to Latvia ($6,248 per ton) and Finland ($6,584 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Tuna Imports in Estonia
In 2022, the amount of tuna (prepared or preserved) imported into Estonia expanded slightly to 337 tons, growing by 2.1% on the year before. Over the period under review, imports, however, showed a noticeable setback. The pace of growth appeared the most rapid in 2020 with an increase of 26% against the previous year. As a result, imports attained the peak of 492 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, preserved tuna imports expanded sharply to $1.9M in 2022. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 24% against the previous year. As a result, imports reached the peak of $2.3M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Preserved Tuna in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 22.2 | 485 | 440 | 648 | 207.9% |
| Lithuania | 13.5 | 275 | 326 | 402 | 210.0% |
| Ecuador | 308 | 605 | 201 | 245 | -7.3% |
| Spain | 269 | 295 | 223 | 233 | -4.7% |
| Finland | 165 | 142 | 207 | 153 | -2.5% |
| Indonesia | 81.2 | 59.6 | 100 | 130 | 17.0% |
| Thailand | 719 | 224 | 109 | N/A | -61.1% |
| Others | 236 | 165 | 70.5 | 40.0 | -44.7% |
| Total | 1,814 | 2,251 | 1,678 | 1,851 | 0.7% |
Top Suppliers of Preserved Tuna to Estonia in 2022:
- Latvia (118.5 tons)
- Lithuania (81.7 tons)
- Ecuador (48.7 tons)
- Spain (35.3 tons)
- Indonesia (26.5 tons)
- Finland (22.5 tons)
Preserved Tuna Exports in Estonia
In 2022, preserved tuna exports from Estonia contracted remarkably to 2 tons, with a decrease of -38% on the year before. In general, exports showed a precipitous curtailment. The smallest decline of -21.7% was in 2020.
In value terms, preserved tuna exports dropped rapidly to $13K in 2022. Overall, exports showed a precipitous descent. The pace of growth appeared the most rapid in 2020 with an increase of 20% against the previous year. As a result, the exports reached the peak of $36K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Preserved Tuna in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 11.4 | 7.2 | 11.5 | 9.7 | -5.2% |
| Latvia | 6.6 | 1.8 | 1.0 | 1.8 | -35.2% |
| Norway | 0.7 | 0.7 | 0.8 | 1.1 | 16.3% |
| Lithuania | 1.5 | 1.4 | 0.2 | 0.8 | -18.9% |
| Germany | 3.0 | N/A | 0.1 | N/A | -81.7% |
| Kazakhstan | 7.1 | N/A | N/A | N/A | 0% |
| Czech Republic | N/A | 24.8 | N/A | N/A | 0% |
| Italy | N/A | N/A | 9.9 | N/A | 0% |
| Others | 0.1 | 0.6 | 0.9 | 0.1 | 0.0% |
| Total | 30.3 | 36.4 | 24.4 | 13.5 | -23.6% |
Top Export Markets for Preserved Tuna from Estonia in 2022:
- Finland (1468.0 kg)
- Latvia (286.0 kg)
- Norway (131.0 kg)
- Lithuania (108.0 kg)
This report provides an in-depth analysis of the preserved tuna 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:
- Prodcom 10202540 - Prepared or preserved tuna, skipjack and Atlantic bonito, w hole or in pieces (excluding minced products and prepared meals and dishes)
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
- 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 VOLUME AND VALUE
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
- 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
- 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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