Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Estonia - 2023

Contents:

  1. Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Estonia (FOB) - 2022
  2. Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Estonia (CIF) - 2022
  3. Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Estonia
  4. Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Estonia

Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Estonia (FOB) - 2022

The average export price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 stood at $6,248 per ton in 2022, picking up by 5.4% against the previous year. Over the period under review, the export price, however, continues to indicate a mild curtailment. The pace of growth appeared the most rapid in 2014 an increase of 24% against the previous year. As a result, the export price reached the peak level of $7,706 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($7,064 per ton), while the average price for exports to Sweden ($5,162 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 Latvia (+4.1%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Estonia (CIF) - 2022

The average import price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 stood at $6,543 per ton in 2022, waning by -6.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2013 an increase of 10%. Over the period under review, average import prices hit record highs at $7,327 per ton in 2019; however, from 2020 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 Vietnam ($8,275 per ton), while the price for Latvia ($4,603 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Estonia

In 2022, approx. 1.5K tons of nuts, edible; mixtures of nuts or dried fruits of chapter 8 were exported from Estonia; reducing by -2% compared with the previous year. The total export volume increased at an average annual rate of +6.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 30%. As a result, the exports reached the peak of 1.5K tons, and then shrank slightly in the following year.

In value terms, exports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 rose slightly to $9.4M in 2022. The total export value increased at an average annual rate of +7.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 19%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.

Export of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Estonia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland5.35.56.87.09.7%
Sweden1.71.51.72.17.3%
Others0.50.60.60.3-15.7%
Total7.57.69.19.47.8%

Top Export Markets for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 from Estonia in 2022:

  1. Finland (1054.9 tons)
  2. Sweden (405.9 tons)

Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Estonia

Imports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 into Estonia expanded notably to 294 tons in 2022, picking up by 12% on 2021 figures. In general, imports saw a relatively flat trend pattern.

In value terms, imports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 expanded to $1.9M in 2022. Over the period under review, imports, however, saw a noticeable contraction.

Import of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania928793677623-12.4%
Turkey237340306234-0.4%
Germany61.569.423.623055.2%
Latvia259274155195-9.0%
Vietnam209210195139-12.7%
Chile10265.698.41349.5%
Greece49.777.358.686.520.3%
Others285330329280-0.6%
Total2,1302,1581,8421,921-3.4%

Top Suppliers of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 to Estonia in 2022:

  1. Lithuania (91.7 tons)
  2. Latvia (42.3 tons)
  3. Turkey (32.4 tons)
  4. Germany (30.2 tons)
  5. Chile (24.6 tons)
  6. Greece (17.1 tons)
  7. Vietnam (16.7 tons)

Source: IndexBox Market Intelligence Platform

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