Price for Insects; Live, Other than Bees in Estonia - 2023

Price for Insects; Live, Other than Bees in Estonia (CIF) - 2022

The average import price for insects; live, other than beeses stood at $0.1 per thousand units in 2022, growing by 292% against the previous year. Overall, the import price showed a significant expansion. 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 2022, amid the top importers, the country with the highest price was the Netherlands ($0.1 per thousand units), while the price for Lithuania (less than $0.1 per thousand units) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+56.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Insects; Live, Other than Bees in Estonia

In 2022, approx. 1.5B units of insects; live, other than beeses were imported into Estonia; waning by -17.8% compared with 2021. Over the period under review, imports continue to indicate a dramatic setback. Over the period under review, imports reached the peak figure at 10B units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, insects; live, other than bees imports soared to $78K in 2022. Overall, imports, however, enjoyed a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Insects; Live, Other than Bees in Estonia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	0.8	0.9	1.1	72.0	348.1%
Lithuania	17.8	1.0	0.8	3.5	-41.9%
Czech Republic	N/A	N/A	0.7	1.9	171.4%
Latvia	12.9	N/A	N/A	N/A	0%
Denmark	22.2	20.6	21.4	N/A	-1.8%
Others	0.4	0.9	0.2	0.3	-9.1%
Total	54.1	23.4	24.1	77.6	12.8%