Estonia - Cereal Flours - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCereal Flour Price in Estonia - 2023
Contents:
- Cereal Flour Price in Estonia (FOB) - 2023
- Cereal Flour Price in Estonia (CIF) - 2023
- Cereal Flour Exports in Estonia
- Cereal Flour Imports in Estonia
Cereal Flour Price in Estonia (FOB) - 2023
In September 2023, the average cereal flour export price amounted to $494 per ton, increasing by 6.9% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.6%. The pace of growth was the most pronounced in October 2022 when the average export price increased by 17% against the previous month. The export price peaked at $542 per ton in June 2023; however, from July 2023 to September 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In September 2023, the highest price was recorded for prices to Malta ($555 per ton) and Finland ($516 per ton), while the average price for exports to Lithuania ($373 per ton) and Latvia ($507 per ton) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.
Cereal Flour Price in Estonia (CIF) - 2023
In September 2023, the average cereal flour import price amounted to $588 per ton, flattening at the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 14% m-o-m. As a result, import price reached the peak level of $727 per ton. From May 2023 to September 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Italy ($1,161 per ton), while the price for Ukraine ($420 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 Italy (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Cereal Flour Exports in Estonia
In 2022, overseas shipments of cereal flours decreased by -2.6% to 18K tons, falling for the second year in a row after two years of growth. In general, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 3.6% against the previous year. As a result, the exports attained the peak of 22K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, cereal flour exports skyrocketed to $7.5M in 2022. The total export value increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Cereal Flour in Estonia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Latvia | 2.2 | 2.6 | 2.7 | 4.1 | 23.1% |
Malta | 1.2 | 1.0 | 1.2 | 1.6 | 10.1% |
Lithuania | 0.9 | 0.8 | 0.4 | 0.9 | 0.0% |
Finland | 2.3 | 2.0 | 1.9 | 0.4 | -44.2% |
Sweden | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
Others | 0.2 | 0.4 | 0.1 | 0.3 | 14.5% |
Total | 7.0 | 6.8 | 6.3 | 7.5 | 2.3% |
Top Export Markets for Cereal Flour from Estonia in 2022:
- Latvia (11.3K tons)
- Malta (2.8K tons)
- Lithuania (2.5K tons)
- Finland (0.9K tons)
- Sweden (0.4K tons)
Cereal Flour Imports in Estonia
In 2022, overseas purchases of cereal flours decreased by -6.9% to 7.5K tons, falling for the second year in a row after two years of growth. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 12%. As a result, imports attained the peak of 8.4K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, cereal flour imports soared to $3.9M in 2022. The total import value increased at an average annual rate of +11.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Cereal Flour in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Latvia | 1,461 | 1,904 | 1,908 | 2,139 | 13.5% |
Finland | 844 | 708 | 904 | 1,234 | 13.5% |
Germany | 123 | 95.7 | 148 | 171 | 11.6% |
Lithuania | 100 | 61.6 | 148 | 162 | 17.4% |
Belgium | N/A | N/A | N/A | 47.8 | 0% |
Others | 332 | 105 | 159 | 172 | -19.7% |
Total | 2,859 | 2,874 | 3,268 | 3,926 | 11.2% |
Top Suppliers of Cereal Flour to Estonia in 2022:
- Latvia (4.1K tons)
- Finland (2.4K tons)
- Lithuania (0.3K tons)
- Germany (0.3K tons)
- Belgium (0.1K tons)
This report provides an in-depth analysis of the cereal flour 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:
- Prodcom 10612100 - Wheat or meslin flour
- Prodcom 10612200 - Cereal flours (excluding wheat or meslin)
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
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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
- 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 VOLUME AND VALUE
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
- 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
- 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
This report provides an in-depth analysis of the cereal flour market in Estonia.
This report provides an in-depth analysis of the non-wheat flour market in Estonia.
This report provides an in-depth analysis of the global cereal flour market.
This report provides an in-depth analysis of the global non-wheat flour market.
This report provides an in-depth analysis of the cereal flour market in Estonia.
This report provides an in-depth analysis of the non-wheat flour market in Estonia.
This report provides an in-depth analysis of the global cereal flour market.
This report provides an in-depth analysis of the global non-wheat flour market.
Explore the top import markets for cereal flour in 2023, including key statistics and market insights. Learn about the leading countries driving demand for cereal flour products.
Explore the top import markets for cereal flour in 2023, including key statistics and market insights. Learn about the leading countries driving demand for cereal flour products.