Price for Flour and Meal; of Potatoes in Estonia - 2023

Contents:

1. Price for Flour and Meal; of Potatoes in Estonia (CIF) - 2022
2. Price for Flour and Meal; of Potatoes in Estonia (FOB) - 2022
3. Imports of Flour and Meal; of Potatoes in Estonia
4. Exports of Flour and Meal; of Potatoes in Estonia

Price for Flour and Meal; of Potatoes in Estonia (CIF) - 2022

The average import price for flour and meal; of potatoeses stood at $1,008 per ton in 2022, waning by -14.4% against the previous year. Over the period under review, the import price, however, recorded measured growth. The pace of growth appeared the most rapid in 2014 an increase of 401%. The import price peaked at $14,500 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($1,550 per ton), while the price for Finland totaled $893 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+10.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Flour and Meal; of Potatoes in Estonia (FOB) - 2022

The average export price for flour and meal; of potatoeses stood at $26,250 per ton in 2022, rising by 493% against the previous year. Overall, the export price recorded significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Norway.

From 2015 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +29.0% per year.

Imports of Flour and Meal; of Potatoes in Estonia

After three years of growth, purchases abroad of flour and meal; of potatoeses decreased by -9.2% to 2 tons in 2022. Over the period under review, imports, however, enjoyed significant growth. The growth pace was the most rapid in 2020 when imports increased by 100%.

In value terms, flour and meal; of potatoes imports fell sharply to $2K in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +6.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 35% against the previous year.

Top Suppliers of Flour and Meal; of Potatoes to Estonia in 2022:

1. Finland (1900.0 kg)
2. Italy (60.0 kg)

Exports of Flour and Meal; of Potatoes in Estonia

In 2022, flour and meal; of potatoes exports from Estonia declined rapidly to 4 kg, with a decrease of -81% against 2021. In general, exports saw a significant contraction.

In value terms, flour and meal; of potatoes exports reached $105 in 2022. The total export value increased at an average annual rate of +12.9% over the period from 2021 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Flour and Meal; of Potatoes from Estonia in 2022:

1. Norway (4.0 kg)

Source: IndexBox Market Intelligence Platform