Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Estonia - 2023

Contents:

  1. Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Estonia (CIF) - 2022
  2. Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Estonia (FOB) - 2022
  3. Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Estonia
  4. Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Estonia

Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Estonia (CIF) - 2022

In 2022, the average import price for edible products of animal origin; not elsewhere specified or includeds amounted to $12,714 per ton, picking up by 59% against the previous year. In general, the import price saw a resilient expansion. The most prominent rate of growth was recorded in 2014 an increase of 60%. Over the period under review, average import prices hit record highs at $17,542 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Lithuania.

From 2012 to 2022, the rate of growth in terms of prices for Lithuania amounted to +9.3% per year.

Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Estonia (FOB) - 2022

In 2022, the average export price for edible products of animal origin; not elsewhere specified or includeds amounted to $47,300 per ton, growing by 66% against the previous year. In general, the export price enjoyed a prominent expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2015 to 2022, the rate of growth in terms of prices for Latvia amounted to +2,953.1% per year.

Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Estonia

Imports of edible products of animal origin; not elsewhere specified or includeds into Estonia surged to 283 kg in 2022, growing by 5,560% compared with the previous year's figure. Over the period under review, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of edible products of animal origin; not elsewhere specified or includeds skyrocketed to $3.6K in 2022. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
LithuaniaN/AN/AN/A3.30%
Latvia0.30.9N/AN/A200.0%
Canada1.61.1N/AN/A-31.3%
OthersN/AN/AN/A0.30%
Total1.92.0N/A3.623.7%

Top Suppliers of Edible Products of Animal Origin; Not Elsewhere Specified or Included to Estonia in 2022:

  1. Lithuania (282.0 kg)

Exports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Estonia

In 2022, after two years of growth, there was significant decline in overseas shipments of edible products of animal origin; not elsewhere specified or includeds, when their volume decreased by -85.3% to 60 kg. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 40,800%. As a result, the exports attained the peak of 409 kg, and then reduced notably in the following year.

In value terms, exports of edible products of animal origin; not elsewhere specified or includeds dropped significantly to $2.8K in 2022. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 61,058% against the previous year. As a result, the exports attained the peak of $12K, and then shrank markedly in the following year.

Export of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Estonia (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
NetherlandsN/A11.62.8-75.9%
OthersN/AN/AN/A0%
TotalN/A11.62.8-75.9%

Top Export Markets for Edible Products of Animal Origin; Not Elsewhere Specified or Included from Estonia in 2022:

  1. Netherlands (60.0 kg)

Source: IndexBox Market Intelligence Platform

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