Estonia - Sweet Potato - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSweet Potato Price in Estonia - 2023
Contents:
- Sweet Potato Price in Estonia (CIF) - 2022
- Sweet Potato Price in Estonia (FOB) - 2022
- Sweet Potato Imports in Estonia
- Sweet Potato Exports in Estonia
Sweet Potato Price in Estonia (CIF) - 2022
The average sweet potato import price stood at $1,223 per ton in 2022, with a decrease of -13.8% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 39% against the previous year. The import price peaked at $1,659 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($2,150 per ton), while the price for Spain ($916 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.1%), while the prices for the other major suppliers experienced a decline.
Sweet Potato Price in Estonia (FOB) - 2022
The average sweet potato export price stood at $3,654 per ton in 2022, with an increase of 13% against the previous year. Over the period under review, export price indicated a remarkable increase from 2015 to 2022: its price increased at an average annual rate of +8.8% over the last seven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 an increase of 53% against the previous year. The export price peaked at $4,481 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Finland.
From 2015 to 2022, the rate of growth in terms of prices for Finland amounted to +8.8% per year.
Sweet Potato Imports in Estonia
After three years of growth, purchases abroad of sweet potatoes decreased by -9.9% to 490 tons in 2022. Overall, imports continue to indicate a slight contraction. The most prominent rate of growth was recorded in 2021 with an increase of 5.7% against the previous year. As a result, imports attained the peak of 544 tons, and then reduced in the following year.
In value terms, sweet potato imports reduced notably to $599K in 2022. In general, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 16% against the previous year. As a result, imports reached the peak of $772K, and then shrank dramatically in the following year.
| Import of Sweet Potato in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | N/A | 204 | 305 | 275 | 16.1% |
| Netherlands | 81.5 | 292 | 226 | 176 | 29.3% |
| Belgium | 43.8 | 59.4 | 81.2 | 74.9 | 19.6% |
| Lithuania | 4.7 | 24.0 | 17.7 | 33.0 | 91.5% |
| France | 1.2 | N/A | 4.9 | 19.2 | 152.0% |
| Finland | 48.8 | 13.7 | 34.5 | 16.1 | -30.9% |
| Spain | 82.3 | 52.7 | 96.9 | 5.1 | -60.4% |
| United States | 397 | N/A | N/A | N/A | 0% |
| Egypt | 85.6 | N/A | N/A | N/A | 0% |
| Others | 25.6 | 18.4 | 5.7 | 0.2 | -80.2% |
| Total | 770 | 664 | 772 | 599 | -8.0% |
Top Suppliers of Sweet Potato to Estonia in 2022:
- Latvia (211.6 tons)
- Netherlands (190.5 tons)
- Belgium (34.9 tons)
- Lithuania (29.2 tons)
- France (12.4 tons)
- Finland (5.8 tons)
- Spain (5.6 tons)
Sweet Potato Exports in Estonia
Sweet potato exports from Estonia expanded notably to 8.5 tons in 2022, rising by 13% compared with 2021 figures. Over the period under review, exports posted a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of 98%. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, sweet potato exports soared to $31K in 2022. In general, exports recorded a remarkable increase. The pace of growth was the most pronounced in 2021 when exports increased by 79% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Sweet Potato in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 25.5 | 13.6 | 23.9 | 31.2 | 7.0% |
| Others | N/A | N/A | 0.6 | N/A | 0% |
| Total | 25.5 | 13.7 | 24.5 | 31.2 | 7.0% |
Top Export Markets for Sweet Potato from Estonia in 2022:
- Finland (8.5 tons)
This report provides an in-depth analysis of the sweet potato market in Estonia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 122 - Sweet potatoes
Country coverage:
- Estonia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Estonia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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