Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Estonia - 2023
Contents:
- Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Estonia (CIF) - 2023
- Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Estonia (FOB) - 2023
- Imports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Estonia
- Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Estonia
Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Estonia (CIF) - 2023
The average import price for vegetables; potatoes (other than seed), fresh or chilleds stood at $357 per ton in October 2023, approximately reflecting the previous month. Overall, the import price, however, showed slight growth. The pace of growth appeared the most rapid in May 2023 an increase of 27% against the previous month. The import price peaked at $531 per ton in July 2023; however, from August 2023 to October 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the Netherlands ($713 per ton), while the price for Latvia ($311 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Finland (+6.1%), while the prices for the other major suppliers experienced a decline.
Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Estonia (FOB) - 2023
In October 2023, the average export price for vegetables; potatoes (other than seed), fresh or chilleds amounted to $404 per ton, which is down by -10.9% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.3%. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 20% month-to-month. As a result, the export price attained the peak level of $512 per ton. From July 2023 to October 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Finland ($786 per ton), while the average price for exports to the Czech Republic ($356 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Estonia
In 2022, approx. 14K tons of vegetables; potatoes (other than seed), fresh or chilleds were imported into Estonia; picking up by 70% compared with 2021. In general, imports recorded a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of vegetables; potatoes (other than seed), fresh or chilleds skyrocketed to $4.4M in 2022. Overall, imports posted a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 245 | 838 | 999 | 2,402 | 114.0% |
| Finland | 1,083 | 329 | 804 | 1,432 | 9.8% |
| Netherlands | 104 | 173 | 295 | 319 | 45.3% |
| Poland | 21.8 | 44.3 | 122 | 141 | 86.3% |
| Italy | 713 | 41.7 | 56.7 | 56.2 | -57.1% |
| Lithuania | 592 | 69.3 | 50.8 | 7.0 | -77.2% |
| Others | 791 | 131 | 232 | 84.2 | -52.6% |
| Total | 3,549 | 1,627 | 2,561 | 4,441 | 7.8% |
Top Suppliers of Vegetables; Potatoes (Other than Seed), Fresh or Chilled to Estonia in 2022:
- Latvia (6.5K tons)
- Finland (6.4K tons)
- Netherlands (0.4K tons)
- Poland (0.3K tons)
- Italy (0.1K tons)
Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Estonia
In 2022, overseas shipments of vegetables; potatoes (other than seed), fresh or chilleds were finally on the rise to reach 6.4K tons after two years of decline. Overall, exports, however, saw a pronounced downturn.
In value terms, exports of vegetables; potatoes (other than seed), fresh or chilleds skyrocketed to $1.2M in 2022. Over the period under review, exports, however, saw a drastic downturn.
| Export of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 413 | 49.7 | 128 | 743 | 21.6% |
| Lithuania | 151 | 19.1 | 141 | 247 | 17.8% |
| Finland | 179 | 265 | 101 | 115 | -13.7% |
| Czech Republic | 642 | 155 | 10.4 | 37.2 | -61.3% |
| Poland | 169 | 382 | N/A | 6.4 | -66.4% |
| Germany | 397 | N/A | 2.9 | N/A | -91.5% |
| Ukraine | 42.2 | N/A | 109 | N/A | 60.7% |
| Others | 44.0 | 90.5 | 36.1 | 26.5 | -15.6% |
| Total | 2,037 | 962 | 528 | 1,175 | -16.8% |
Top Export Markets for Vegetables; Potatoes (Other than Seed), Fresh or Chilled from Estonia in 2022:
- Latvia (5.2K tons)
- Lithuania (0.6K tons)
- Finland (0.4K tons)
- Czech Republic (0.1K tons)
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