Price for Cereals; Millet, Other than Seed in Estonia - 2023

Contents:

  1. Price for Cereals; Millet, Other than Seed in Estonia (CIF) - 2022
  2. Price for Cereals; Millet, Other than Seed in Estonia (FOB) - 2022
  3. Imports of Cereals; Millet, Other than Seed in Estonia
  4. Exports of Cereals; Millet, Other than Seed in Estonia

Price for Cereals; Millet, Other than Seed in Estonia (CIF) - 2022

The average import price for cereals; millet, other than seeds stood at $515 per ton in 2022, with a decrease of -51% against the previous year. Over the period under review, the import price showed a abrupt slump. The most prominent rate of growth was recorded in 2015 when the average import price increased by 172% against the previous year. Over the period under review, average import prices attained the maximum at $2,822 per ton in 2012; however, from 2013 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 Lithuania ($1,505 per ton), while the price for Kazakhstan ($376 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cereals; Millet, Other than Seed in Estonia (FOB) - 2022

In 2022, the average export price for cereals; millet, other than seeds amounted to $367 per ton, which is down by -64.2% against the previous year. Over the period under review, the export price continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2018 an increase of 85%. Over the period under review, the average export prices attained the maximum at $1,686 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($1,512 per ton), while the average price for exports to Poland totaled $345 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+6.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cereals; Millet, Other than Seed in Estonia

In 2022, imports of cereals; millet, other than seeds into Estonia skyrocketed to 168 tons, with an increase of 399% compared with the year before. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, cereals; millet, other than seed imports surged to $86K in 2022. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 336%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Cereals; Millet, Other than Seed in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KazakhstanN/AN/AN/A48.80%
NetherlandsN/A0.221.213.3715.5%
Lithuania1.75.810.09.074.3%
Latvia2.40.4N/A7.848.1%
France0.253.60.3N/A22.5%
Ukraine2.3N/AN/AN/A0%
Others9.610.03.87.4-8.3%
Total16.070.035.386.375.4%

Top Suppliers of Cereals; Millet, Other than Seed to Estonia in 2022:

  1. Kazakhstan (130.0 tons)
  2. Netherlands (18.2 tons)
  3. Latvia (11.0 tons)
  4. Lithuania (6.0 tons)

Exports of Cereals; Millet, Other than Seed in Estonia

In 2022, approx. 97 tons of cereals; millet, other than seeds were exported from Estonia; with an increase of 3,466% against 2021 figures. In general, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, cereals; millet, other than seed exports skyrocketed to $35K in 2022. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Cereals; Millet, Other than Seed in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PolandN/AN/AN/A32.70%
Finland1.62.22.72.820.5%
Latvia3.0N/AN/AN/A0%
OthersN/AN/A0.1N/A0%
Total4.72.22.835.596.2%

Top Export Markets for Cereals; Millet, Other than Seed from Estonia in 2022:

  1. Poland (94.8 tons)
  2. Finland (1.9 tons)

Source: IndexBox Market Intelligence Platform

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