Estonia - Broad Beans And Horse Beans (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Broad Bean and Horse Bean in Estonia - 2023
Contents:
- Price for Broad Bean and Horse Bean in Estonia (FOB) - 2022
- Price for Broad Bean and Horse Bean in Estonia (CIF) - 2022
- Exports of Broad Bean and Horse Bean in Estonia
- Imports of Broad Bean and Horse Bean in Estonia
Price for Broad Bean and Horse Bean in Estonia (FOB) - 2022
The average export price for broad beans and horse beans (dry) stood at $378 per ton in 2022, increasing by 16% against the previous year. In general, export price indicated mild growth from 2013 to 2022: its price increased at an average annual rate of +1.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, broad bean and horse bean export price increased by +31.2% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 38% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.
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 Lithuania ($630 per ton), while the average price for exports to the Netherlands ($144 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Broad Bean and Horse Bean in Estonia (CIF) - 2022
The average import price for broad beans and horse beans (dry) stood at $610 per ton in 2022, increasing by 26% against the previous year. In general, the import price, however, saw a perceptible downturn. The growth pace was the most rapid in 2018 when the average import price increased by 48% against the previous year. The import price peaked at $954 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($3,267 per ton), while the price for Latvia ($518 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+31.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Broad Bean and Horse Bean in Estonia
In 2022, shipments abroad of broad beans and horse beans (dry) decreased by -38.2% to 9.2K tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2020 with an increase of 40% against the previous year. As a result, the exports reached the peak of 23K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, broad bean and horse bean exports shrank markedly to $3.5M in 2022. In general, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 36%. As a result, the exports attained the peak of $6.5M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Broad Bean and Horse Bean in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | N/A | N/A | N/A | 2,872 | 0% |
| Latvia | 348 | 649 | 92.8 | 353 | 0.5% |
| Lithuania | 483 | 469 | 1,276 | 63.2 | -49.2% |
| Germany | 490 | 479 | 1,298 | 40.1 | -56.6% |
| Netherlands | N/A | 107 | 102 | 17.5 | -59.6% |
| Norway | 132 | 2,249 | 1,674 | N/A | 256.1% |
| Egypt | 3,345 | 2,291 | N/A | N/A | -31.5% |
| Others | 22.7 | 296 | 419 | 131 | 79.4% |
| Total | 4,821 | 6,539 | 4,861 | 3,477 | -10.3% |
Top Export Markets for Broad Bean and Horse Bean from Estonia in 2022:
- Denmark (7.7K tons)
- Latvia (0.9K tons)
- Netherlands (0.1K tons)
- Lithuania (0.1K tons)
- Germany (0.1K tons)
Imports of Broad Bean and Horse Bean in Estonia
After three years of growth, overseas purchases of broad beans and horse beans (dry) decreased by -60.6% to 214 tons in 2022. Over the period under review, imports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 63% against the previous year. As a result, imports attained the peak of 544 tons, and then declined rapidly in the following year.
In value terms, broad bean and horse bean imports declined rapidly to $131K in 2022. Overall, imports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2020 with an increase of 26% against the previous year.
| Import of Broad Bean and Horse Bean in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 113 | 118 | 62.7 | 94.4 | -5.8% |
| Latvia | 3.2 | 11.5 | 168 | 20.7 | 86.3% |
| Turkey | N/A | N/A | 8.1 | 10.7 | 32.1% |
| Germany | 27.9 | 75.1 | N/A | N/A | 169.2% |
| United Kingdom | 17.1 | N/A | N/A | N/A | 0% |
| Others | 6.2 | 7.1 | 24.0 | 4.8 | -8.2% |
| Total | 167 | 212 | 263 | 131 | -7.8% |
Top Suppliers of Broad Bean and Horse Bean to Estonia in 2022:
- Lithuania (163.0 tons)
- Latvia (40.0 tons)
- Turkey (10.0 tons)
This report provides an in-depth analysis of the market for broad bean and horse bean 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 181 - Broad beans, 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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