Price for Flour, Meal, and Flakes of Potatoes in Estonia - 2023

Contents:

1. Price for Flour, Meal, and Flakes of Potatoes in Estonia (CIF) - 2023
2. Price for Flour, Meal, and Flakes of Potatoes in Estonia (FOB) - 2022
3. Imports of Flour, Meal, and Flakes of Potatoes in Estonia
4. Exports of Flour, Meal, and Flakes of Potatoes in Estonia

Price for Flour, Meal, and Flakes of Potatoes in Estonia (CIF) - 2023

In September 2023, the average import price for flour, meal, and flakes of potatoeses amounted to $3,026 per ton, jumping by 22% against the previous month. Over the period from November 2022 to September 2023, it increased at an average monthly rate of +3.8%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Latvia ($4,077 per ton), while the price for Finland ($2,686 per ton) was amongst the lowest.

From November 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Denmark (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for flour, meal, and flakes of potatoeses stood at $2,127 per ton in 2022, jumping by 61% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($2,139 per ton), while the average price for exports to Sweden ($1,397 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+48.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Flour, Meal, and Flakes of Potatoes in Estonia

In 2022, supplies from abroad of flour, meal, and flakes of potatoeses was finally on the rise to reach 450 tons after two years of decline. Over the period under review, imports, however, saw a abrupt descent.

In value terms, imports of flour, meal, and flakes of potatoeses soared to $808K in 2022. Overall, imports, however, showed a deep downturn.

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

1. Poland (154.8 tons)
2. Finland (127.6 tons)
3. Denmark (111.4 tons)
4. Belgium (19.4 tons)
5. Germany (19.2 tons)
6. Latvia (13.5 tons)

Exports of Flour, Meal, and Flakes of Potatoes in Estonia

In 2022, approx. 20 tons of flour, meal, and flakes of potatoeses were exported from Estonia; increasing by 551% against the previous year. Over the period under review, exports, however, showed a sharp shrinkage.

In value terms, exports of flour, meal, and flakes of potatoeses soared to $42K in 2022. In general, exports, however, showed a sharp descent.

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

1. Russia (19.2 tons)
2. Sweden (0.3 tons)
3. Finland (0.1 tons)

Source: IndexBox Market Intelligence Platform