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Estonia - Peas (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingDry Peas Price in Estonia - 2023
Contents:
- Dry Peas Price in Estonia (FOB) - 2023
- Dry Peas Price in Estonia (CIF) - 2022
- Dry Peas Exports in Estonia
- Dry Peas Imports in Estonia
Dry Peas Price in Estonia (FOB) - 2023
In September 2023, the average dry peas export price amounted to $325 per ton, picking up by 2.2% against the previous month. In general, the export price, however, showed a slight shrinkage. The most prominent rate of growth was recorded in January 2023 an increase of 50% m-o-m. As a result, the export price attained the peak level of $707 per ton. From February 2023 to September 2023, the the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Norway.
From September 2022 to September 2023, the rate of growth in terms of prices for Germany amounted to -1.2% per month.
Dry Peas Price in Estonia (CIF) - 2022
The average dry peas import price stood at $651 per ton in 2022, growing by 50% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 France ($1,524 per ton), while the price for Russia ($410 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Dry Peas Exports in Estonia
In 2022, overseas shipments of peas (dry) decreased by -0.2% to 44K tons, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a perceptible setback. The pace of growth was the most pronounced in 2020 with an increase of 42%. As a result, the exports reached the peak of 69K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, dry peas exports soared to $18M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +13.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -3.6% against 2020 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 52%. As a result, the exports reached the peak of $19M. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Dry Peas in Estonia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Norway | 7.4 | 10.1 | 7.2 | 12.6 | 19.4% |
Lithuania | 0.4 | 0.6 | 0.4 | 1.7 | 62.0% |
Germany | 1.3 | 4.5 | 2.6 | 1.7 | 9.4% |
Denmark | N/A | 0.7 | 0.1 | 0.7 | 0.0% |
United Kingdom | N/A | 0.5 | 0.9 | 0.7 | 18.3% |
Latvia | 1.1 | 1.4 | 0.6 | 0.3 | -35.2% |
Netherlands | 0.8 | N/A | 0.6 | 0.2 | -37.0% |
Sweden | 0.9 | N/A | N/A | 0.1 | -51.9% |
Belgium | N/A | 0.8 | N/A | N/A | 0% |
United States | N/A | N/A | 2.3 | N/A | 0% |
Others | 0.4 | 0.1 | 0.2 | 0.2 | -20.6% |
Total | 12.3 | 18.8 | 14.8 | 18.1 | 13.7% |
Top Export Markets for Dry Peas from Estonia in 2022:
- Norway (33.1K tons)
- Germany (4.4K tons)
- Lithuania (2.6K tons)
- United Kingdom (1.1K tons)
- Denmark (1.0K tons)
- Netherlands (0.6K tons)
- Latvia (0.6K tons)
- Sweden (0.1K tons)
Dry Peas Imports in Estonia
For the fourth consecutive year, Estonia recorded growth in supplies from abroad of peas (dry), which increased by 12% to 2.6K tons in 2022. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 71%. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, dry peas imports soared to $1.7M in 2022. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Dry Peas in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Latvia | 37.7 | 55.7 | 515 | 599 | 151.4% |
France | 22.3 | 9.6 | 6.0 | 426 | 167.3% |
Lithuania | 236 | 236 | 224 | 319 | 10.6% |
Russia | 21.7 | 108 | 62.5 | 110 | 71.8% |
Germany | 86.5 | 4.5 | 4.2 | 82.0 | -1.8% |
Denmark | 32.5 | 106 | 49.6 | 70.0 | 29.1% |
Ukraine | 23.4 | 15.6 | 16.5 | 39.6 | 19.2% |
Others | 1.9 | 74.5 | 123 | 31.6 | 155.3% |
Total | 462 | 609 | 1,000 | 1,677 | 53.7% |
Top Suppliers of Dry Peas to Estonia in 2022:
- Latvia (1182.5 tons)
- Lithuania (532.9 tons)
- France (279.8 tons)
- Russia (268.2 tons)
- Germany (125.4 tons)
- Ukraine (83.9 tons)
- Denmark (72.0 tons)
This report provides an in-depth analysis of the dry peas 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 187 - Peas, dry
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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Discover the top import markets for dry peas in 2023 and the countries driving the global trade of this nutritious legume.
Global dry peas consumption amounted to X thousand tons in 2015, dropping by -X% against the previous year level.
Global dry peas exports amounted to X thousand tons in 2015, growing by +X% against the previous year level.
Global dry peas imports amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
In 2015, the country with the largest volume of the dry peas output was Canada (X thousand tons), accounting for X% of global production.
Canada maintained control of the dry pea market. In 2014, Canada exported X thousand tons of dry peas totaling X million USD, X% over the previous year. Its primary trading partner was India, where it supplied X% of its total dry pea exports
Discover the top 10 countries by import value of pigeon peas in 2023 and learn about the growing demand for this legume in global markets.
Global pigeon peas consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
In 2015, the country with the largest volume of the pigeon peas output was India (X thousand tons), accounting for X% of global production.
France was one of the leaders in the global pigeon pea trade. In 2014, France exported X thousand tons of pigeon peas totaling X thousand USD, a remarkable X% over the previous year. Its primary trading partner was the Netherlands, where it suppli