Price for Vegetable Products Not Elsewhere Specified or Included in Estonia - 2024
Contents:
- Price for Vegetable Products Not Elsewhere Specified or Included in Estonia (CIF) - 2022
- Price for Vegetable Products Not Elsewhere Specified or Included in Estonia (FOB) - 2022
- Imports of Vegetable Products Not Elsewhere Specified or Included in Estonia
- Exports of Vegetable Products Not Elsewhere Specified or Included in Estonia
Price for Vegetable Products Not Elsewhere Specified or Included in Estonia (CIF) - 2022
The average import price for vegetable products not elsewhere specified or includeds stood at $269 per ton in 2022, reducing by -75.4% against the previous year. Over the period under review, the import price saw a deep downturn. The most prominent rate of growth was recorded in 2015 when the average import price increased by 153%. The import price peaked at $2,104 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
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 Georgia ($3,403 per ton), while the price for Kazakhstan ($52 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Georgia (+9.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Vegetable Products Not Elsewhere Specified or Included in Estonia (FOB) - 2022
The average export price for vegetable products not elsewhere specified or includeds stood at $253 per ton in 2022, which is down by -95.1% against the previous year. Over the period under review, the export price saw a precipitous descent. The pace of growth appeared the most rapid in 2016 when the average export price increased by 2,735%. The export price peaked at $9,386 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
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 Russia ($6,143 per ton), while the average price for exports to the United States ($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 Finland (+29.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Vegetable Products Not Elsewhere Specified or Included in Estonia
In 2022, approx. 954 tons of vegetable products not elsewhere specified or includeds were imported into Estonia; rising by 251% against the previous year. Over the period under review, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of vegetable products not elsewhere specified or includeds skyrocketed to $652K in 2022. In general, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Vegetable Products Not Elsewhere Specified or Included in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 29.0 | 12.9 | 20.1 | 247 | 104.2% |
| Ukraine | 108 | 95.0 | 129 | 215 | 25.8% |
| Italy | 1.2 | 2.6 | 1.9 | 20.5 | 157.5% |
| Sri Lanka | 32.8 | N/A | N/A | 19.5 | -15.9% |
| Lithuania | 0.4 | 6.7 | 1.9 | 18.1 | 256.3% |
| Latvia | N/A | 7.2 | 14.8 | 14.7 | 42.9% |
| Kazakhstan | N/A | N/A | N/A | 12.4 | 0% |
| India | 6.3 | 11.9 | 15.1 | 3.9 | -14.8% |
| Others | 38.5 | 101 | 108 | 101 | 37.9% |
| Total | 216 | 238 | 291 | 652 | 44.5% |
Top Suppliers of Vegetable Products Not Elsewhere Specified or Included to Estonia in 2022:
- Ukraine (323.9 tons)
- Kazakhstan (239.2 tons)
- Russia (151.5 tons)
- Lithuania (119.0 tons)
- Sri Lanka (34.9 tons)
- Latvia (23.1 tons)
- Italy (18.7 tons)
- India (8.2 tons)
Exports of Vegetable Products Not Elsewhere Specified or Included in Estonia
For the fourth year in a row, Estonia recorded growth in overseas shipments of vegetable products not elsewhere specified or includeds, which increased by 94% to 52 tons in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 216% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of vegetable products not elsewhere specified or includeds soared to $97K in 2022. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Vegetable Products Not Elsewhere Specified or Included in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 8.0 | 6.6 | 1.8 | 33.3 | 60.9% |
| Latvia | 2.2 | 4.8 | 32.2 | 30.1 | 139.2% |
| Russia | 5.2 | 5.4 | 8.3 | 22.2 | 62.2% |
| Lithuania | 0.7 | 3.8 | 6.6 | 10.1 | 143.4% |
| United States | N/A | 3.6 | N/A | 1.1 | -44.7% |
| Denmark | 4.9 | N/A | N/A | N/A | 0% |
| Others | 2.4 | 9.2 | 1.0 | 0.3 | -50.0% |
| Total | 23.4 | 33.4 | 49.9 | 97.3 | 60.8% |
Top Export Markets for Vegetable Products Not Elsewhere Specified or Included from Estonia in 2022:
- Latvia (16.8 tons)
- Lithuania (15.9 tons)
- Finland (7.8 tons)
- United States (7.1 tons)
- Russia (3.6 tons)
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