Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Estonia - 2023

Contents:

  1. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Estonia (CIF) - 2022
  2. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Estonia (FOB) - 2022
  3. Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Estonia
  4. Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Estonia

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Estonia (CIF) - 2022

In 2022, the average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses amounted to $714 per ton, with a decrease of -13.3% against the previous year. Over the period under review, the import price, however, showed a prominent increase. The pace of growth appeared the most rapid in 2017 an increase of 144% against the previous year. The import price peaked at $936 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($4,247 per ton), while the price for Latvia stood at $535 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+13.6%).

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Estonia (FOB) - 2022

In 2022, the average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses amounted to $1,341 per ton, which is down by -54.6% against the previous year. Over the period under review, the export price continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2021 an increase of 86%. Over the period under review, the average export prices hit record highs at $3,819 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($1,392 per ton), while the average price for exports to Poland ($1,292 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+11.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Estonia

In 2022, the amount of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses imported into Estonia dropped modestly to 317 tons, which is down by -4% against 2021. Overall, imports showed a deep setback. The growth pace was the most rapid in 2021 when imports increased by 11%.

In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses fell rapidly to $226K in 2022. Over the period under review, imports saw a deep downturn. The pace of growth was the most pronounced in 2021 when imports increased by 31%. As a result, imports reached the peak of $271K, and then contracted rapidly in the following year.

Import of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia12090.212116110.3%
Finland15011715165.0-24.3%
OthersN/A0.10.1N/A0.0%
Total271207271226-5.9%

Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats to Estonia in 2022:

  1. Latvia (301.2 tons)
  2. Finland (15.3 tons)

Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Estonia

In 2022, the amount of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses exported from Estonia surged to 53 tons, jumping by 91% against 2021. Over the period under review, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 2,505%. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of oatses dropped to $71K in 2022. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 2,196%.

Export of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BulgariaN/AN/A3.234.6981.3%
PolandN/AN/A7.327.9282.2%
SpainN/AN/AN/A8.40%
United StatesN/AN/A55.2N/A0%
United Arab EmiratesN/A10.3N/AN/A0%
Saudi ArabiaN/A18.716.2N/A-13.4%
Others1.31.20.1N/A-72.3%
Total1.330.281.970.9279.2%

Top Export Markets for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Oats from Estonia in 2022:

  1. Bulgaria (24.9 tons)
  2. Poland (21.6 tons)
  3. Spain (6.4 tons)

Source: IndexBox Market Intelligence Platform

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