Estonia - Dried Or Salted Fish - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Dried or Salted Fish in Estonia - 2023
Contents:
- Price for Dried or Salted Fish in Estonia (CIF) - 2023
- Price for Dried or Salted Fish in Estonia (FOB) - 2023
- Imports of Dried or Salted Fish in Estonia
- Exports of Dried or Salted Fish in Estonia
Price for Dried or Salted Fish in Estonia (CIF) - 2023
The average dried or salted fish import price stood at $11,822 per ton in September 2023, growing by 9.7% against the previous month. Overall, the import price continues to indicate a slight increase. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 101% m-o-m. The import price peaked at $12,866 per ton in July 2023; however, from August 2023 to September 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Thailand ($14,367 per ton), while the price for Lithuania ($7,456 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 Latvia (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Dried or Salted Fish in Estonia (FOB) - 2023
The average dried or salted fish export price stood at $7,719 per ton in September 2023, rising by 6.1% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 64% m-o-m. As a result, the export price reached the peak level of $10,023 per ton. From July 2023 to September 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Lithuania ($24,479 per ton), while the average price for exports to Latvia ($1,234 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 Denmark (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Dried or Salted Fish in Estonia
In 2022, approx. 324 tons of dried or salted fish were imported into Estonia; increasing by 7.6% on 2021. The total import volume increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 23% against the previous year. As a result, imports reached the peak of 351 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, dried or salted fish imports totaled $2.5M in 2022. The total import value increased at an average annual rate of +7.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 21% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Dried or Salted Fish in Estonia (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 1,039 | 1,431 | 1,411 | 1,648 | 16.6% |
Lithuania | 607 | 469 | 385 | 428 | -11.0% |
Latvia | 117 | 312 | 303 | 283 | 34.2% |
Ukraine | 52.7 | 80.8 | 163 | 59.0 | 3.8% |
Vietnam | 94.1 | 105 | 37.9 | 42.6 | -23.2% |
Others | 75.1 | 3.5 | 10.7 | 10.4 | -48.3% |
Total | 1,984 | 2,401 | 2,311 | 2,471 | 7.6% |
Top Suppliers of Dried or Salted Fish to Estonia in 2022:
- Thailand (131.2 tons)
- Latvia (112.7 tons)
- Lithuania (66.3 tons)
- Ukraine (8.9 tons)
- Vietnam (3.3 tons)
Exports of Dried or Salted Fish in Estonia
In 2022, overseas shipments of dried or salted fish decreased by -39.4% to 300 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw buoyant growth. The growth pace was the most rapid in 2020 when exports increased by 132%.
In value terms, dried or salted fish exports dropped rapidly to $2.4M in 2022. In general, total exports indicated a notable expansion from 2019 to 2022: its value increased at an average annual rate of +3.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 60% against the previous year.
Export of Dried or Salted Fish in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1,755 | 3,065 | 2,999 | 1,882 | 2.4% |
Denmark | 112 | 152 | 466 | 267 | 33.6% |
Lithuania | 239 | 249 | 259 | 171 | -10.6% |
Netherlands | 16.4 | 18.9 | 35.7 | 42.5 | 37.4% |
Romania | 27.3 | N/A | 25.3 | 28.8 | 1.8% |
Others | 81.9 | 94.2 | 69.3 | 57.4 | -11.2% |
Total | 2,232 | 3,580 | 3,854 | 2,449 | 3.1% |
Top Export Markets for Dried or Salted Fish from Estonia in 2022:
- Germany (214.6 tons)
- Denmark (36.1 tons)
- Romania (32.0 tons)
- Lithuania (8.3 tons)
- Netherlands (4.8 tons)
This report provides an in-depth analysis of the market for dried or salted fish 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 10202350 - Dried fish, whether or not salted, fish, salted but not dried, fish in brine (excluding fillets, smoked, heads, tails and maws)
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
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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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