Price for Offal, Edible; of Swine, Fresh or Chilled in Estonia - 2023

Contents:

  1. Price for Offal, Edible; of Swine, Fresh or Chilled in Estonia (CIF) - 2022
  2. Price for Offal, Edible; of Swine, Fresh or Chilled in Estonia (FOB) - 2022
  3. Imports of Offal, Edible; of Swine, Fresh or Chilled in Estonia
  4. Exports of Offal, Edible; of Swine, Fresh or Chilled in Estonia

Price for Offal, Edible; of Swine, Fresh or Chilled in Estonia (CIF) - 2022

The average import price for offal, edible; of swine, fresh or chilled stood at $3,018 per ton in 2022, which is down by -9% against the previous year. Overall, the import price, however, recorded a notable expansion. The growth pace was the most rapid in 2014 when the average import price increased by 109%. The import price peaked at $4,484 per ton in 2018; however, from 2019 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 Lithuania ($5,730 per ton), while the price for Latvia amounted to $2,475 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Offal, Edible; of Swine, Fresh or Chilled in Estonia (FOB) - 2022

The average export price for offal, edible; of swine, fresh or chilled stood at $1,410 per ton in 2022, rising by 13% against the previous year. In general, the export price posted a strong increase. The most prominent rate of growth was recorded in 2015 an increase of 98%. The export price peaked at $1,967 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($8,720 per ton), while the average price for exports to Latvia ($822 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+7.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Offal, Edible; of Swine, Fresh or Chilled in Estonia

In 2022, supplies from abroad of offal, edible; of swine, fresh or chilled was finally on the rise to reach 5.7 tons after two years of decline. Over the period under review, imports, however, continue to indicate a significant curtailment.

In value terms, imports of offal, edible; of swine, fresh or chilled soared to $17K in 2022. In general, imports, however, recorded a precipitous descent.

Import of Offal, Edible; of Swine, Fresh or Chilled in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia1.322.50.111.8108.6%
Lithuania30.5N/AN/A5.5-43.5%
Finland35.07.21.1N/A-82.3%
Poland6.9N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total73.729.71.217.2-38.4%

Top Suppliers of Offal, Edible; of Swine, Fresh or Chilled to Estonia in 2022:

  1. Latvia (4.8 tons)
  2. Lithuania (1.0 tons)

Exports of Offal, Edible; of Swine, Fresh or Chilled in Estonia

In 2022, exports of offal, edible; of swine, fresh or chilled from Estonia expanded significantly to 2.3 tons, increasing by 6.9% compared with 2021. In general, exports, however, continue to indicate a slight decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 20%. As a result, the exports attained the peak of 2.8 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of offal, edible; of swine, fresh or chilled soared to $3.2K in 2022. Overall, exports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 47%. As a result, the exports attained the peak of $5.6K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Offal, Edible; of Swine, Fresh or Chilled in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia2.61.31.51.4-18.6%
Finland0.94.11.11.16.9%
Norway0.30.2N/A0.732.6%
OthersN/AN/AN/AN/A0%
Total3.85.62.73.2-5.6%

Top Export Markets for Offal, Edible; of Swine, Fresh or Chilled from Estonia in 2022:

  1. Latvia (1683.0 kg)
  2. Finland (529.0 kg)
  3. Norway (82.0 kg)

Source: IndexBox Market Intelligence Platform

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