Price for Uncooked Pasta Not Containing Eggs in Estonia - 2023
Contents:
- Price for Uncooked Pasta Not Containing Eggs in Estonia (CIF) - 2023
- Price for Uncooked Pasta Not Containing Eggs in Estonia (FOB) - 2022
- Imports of Uncooked Pasta Not Containing Eggs in Estonia
- Exports of Uncooked Pasta Not Containing Eggs in Estonia
Price for Uncooked Pasta Not Containing Eggs in Estonia (CIF) - 2023
The average import price for uncooked pasta not containing eggs stood at $1,703 per ton in September 2023, growing by 2.5% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +2.4%. The pace of growth appeared the most rapid in January 2023 an increase of 14% m-o-m. As a result, import price attained the peak level of $1,765 per ton. From February 2023 to September 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Poland ($3,930 per ton), while the price for Latvia ($1,322 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Poland (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Uncooked Pasta Not Containing Eggs in Estonia (FOB) - 2022
In 2022, the average export price for uncooked pasta not containing eggs amounted to $3,659 per ton, approximately reflecting the previous year. In general, the export price saw a pronounced curtailment. The growth pace was the most rapid in 2019 when the average export price increased by 95% against the previous year. Over the period under review, the average export prices attained the peak figure at $5,891 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($9,331 per ton), while the average price for exports to Russia ($1,392 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 Finland (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Uncooked Pasta Not Containing Eggs in Estonia
In 2022, approx. 6.9K tons of uncooked pasta not containing eggs were imported into Estonia; growing by 17% compared with 2021 figures. The total import volume increased at an average annual rate of +4.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, uncooked pasta not containing eggs imports skyrocketed to $9.4M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +14.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.0% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Uncooked Pasta Not Containing Eggs in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 2,299 | 2,638 | 2,868 | 3,894 | 19.2% |
| Lithuania | 471 | 841 | 727 | 1,459 | 45.8% |
| France | 983 | 1,009 | 1,038 | 1,308 | 10.0% |
| Poland | 299 | 509 | 601 | 836 | 40.9% |
| Italy | 1,068 | 788 | 828 | 816 | -8.6% |
| Finland | 167 | 168 | 198 | 269 | 17.2% |
| Thailand | 507 | 168 | 168 | 234 | -22.7% |
| Others | 425 | 467 | 487 | 574 | 10.5% |
| Total | 6,220 | 6,588 | 6,916 | 9,392 | 14.7% |
Top Suppliers of Uncooked Pasta Not Containing Eggs to Estonia in 2022:
- Latvia (3552.1 tons)
- Lithuania (1227.1 tons)
- France (733.6 tons)
- Italy (580.9 tons)
- Poland (280.4 tons)
- Finland (167.0 tons)
- Thailand (97.6 tons)
Exports of Uncooked Pasta Not Containing Eggs in Estonia
In 2022, overseas shipments of uncooked pasta not containing eggs increased by 17% to 167 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a abrupt decline.
In value terms, uncooked pasta not containing eggs exports surged to $610K in 2022. The total export value increased at an average annual rate of +5.2% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Uncooked Pasta Not Containing Eggs in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 179 | 199 | 235 | 238 | 10.0% |
| Lithuania | 67.5 | 105 | 105 | 185 | 39.9% |
| Russia | 195 | 94.8 | 49.0 | 57.3 | -33.5% |
| Finland | 45.8 | 79.5 | 71.8 | 47.4 | 1.2% |
| Italy | N/A | 1.5 | 0.1 | 44.3 | 443.4% |
| Ukraine | 3.5 | 1.8 | 2.4 | 31.7 | 108.4% |
| Others | 32.7 | 50.3 | 60.1 | 5.9 | -43.5% |
| Total | 523 | 531 | 524 | 610 | 5.3% |
Top Export Markets for Uncooked Pasta Not Containing Eggs from Estonia in 2022:
- Latvia (41.2 tons)
- Russia (41.1 tons)
- Lithuania (30.0 tons)
- Italy (24.7 tons)
- Finland (23.9 tons)
- Ukraine (3.4 tons)
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