Estonia: Market for Grated, Powdered and Blue-Veined Cheese 2024

Market Size for Grated, Powdered and Blue-Veined Cheese in Estonia

In 2022, the Estonian grated and blue cheese market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, the total consumption indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Grated and blue cheese consumption peaked in 2022 and is expected to retain growth in years to come.

Production of Grated, Powdered and Blue-Veined Cheese in Estonia

In value terms, grated and blue cheese production surged to $X in 2022 estimated in export price. In general, the total production indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2018 indices. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Exports of Grated, Powdered and Blue-Veined Cheese

Exports from Estonia

For the fifth consecutive year, Estonia recorded growth in shipments abroad of grated, powdered and blue-veined cheese, which increased by X% to X tons in 2022. In general, total exports indicated a modest expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2014 indices. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, grated and blue cheese exports surged to $X in 2022. Over the period under review, exports saw a noticeable expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Finland (X tons), Italy (X tons) and Latvia (X tons) were the main destinations of grated and blue cheese exports from Estonia, together comprising X% of total exports. The Netherlands, Poland, Greece, Lithuania, Spain, the United States, Germany and Belgium lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Finland ($X), Italy ($X) and the Netherlands ($X) were the largest markets for grated and blue cheese exported from Estonia worldwide, together accounting for X% of total exports. Latvia, Greece, Poland, Lithuania, Spain, the United States, Germany and Belgium lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Poland, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average grated and blue cheese export price amounted to $X per ton, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Italy ($X per ton) and Finland ($X per ton), while the average price for exports to Latvia ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Grated, Powdered and Blue-Veined Cheese

Imports into Estonia

For the third consecutive year, Estonia recorded growth in overseas purchases of grated, powdered and blue-veined cheese, which increased by X% to X tons in 2022. Over the period under review, imports enjoyed a buoyant increase. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, grated and blue cheese imports soared to $X in 2022. In general, imports showed resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Imports by Country

Italy (X tons), Latvia (X tons) and the Netherlands (X tons) were the main suppliers of grated and blue cheese imports to Estonia, together comprising X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Latvia ($X) and the Netherlands ($X) constituted the largest grated and blue cheese suppliers to Estonia, together accounting for X% of total imports.

In terms of the main suppliers, Italy, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average grated and blue cheese import price amounted to $X per ton, growing by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Finland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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