Estonia - Malt Extract And Food Preparations Of Flour, Meal, And Starch - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Malt Extract and Food Preparations of Flour, Meal, and Starch in Estonia - 2023
Contents:
- Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in Estonia (CIF) - 2023
- Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in Estonia (FOB) - 2023
- Imports of Malt Extract and Food Preparations of Flour, Meal, and Starch in Estonia
- Exports of Malt Extract and Food Preparations of Flour, Meal, and Starch in Estonia
Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in Estonia (CIF) - 2023
In November 2023, the average import price for malt extract and food preparations of flour, meal, and starches amounted to $3,125 per ton, growing by 20% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +4.0%. The growth pace was the most rapid in April 2023 when the average import price increased by 30% m-o-m. As a result, import price attained the peak level of $3,155 per ton. From May 2023 to November 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Sweden ($11,251 per ton), while the price for the Netherlands ($1,790 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Italy (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in Estonia (FOB) - 2023
The average export price for malt extract and food preparations of flour, meal, and starches stood at $4,174 per ton in November 2023, shrinking by -17.6% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in December 2022 an increase of 25% m-o-m. The export price peaked at $5,069 per ton in October 2023, and then declined significantly in the following month.
Average prices varied somewhat for the major export markets. In November 2023, the country with the highest price was Finland ($4,899 per ton), while the average price for exports to Latvia ($3,345 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Malt Extract and Food Preparations of Flour, Meal, and Starch in Estonia
In 2022, imports of malt extract and food preparations of flour, meal, and starches into Estonia dropped notably to 2.6K tons, declining by -33.8% against 2021 figures. Over the period under review, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 99% against the previous year. As a result, imports reached the peak of 3.9K tons, and then fell markedly in the following year.
In value terms, imports of malt extract and food preparations of flour, meal, and starches dropped notably to $5.5M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +5.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +26.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 54%. As a result, imports reached the peak of $6.6M, and then dropped notably in the following year.
Import of Malt Extract and Food Preparations of Flour, Meal, and Starch in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 1,543 | 1,221 | 2,463 | 1,922 | 7.6% |
Finland | 548 | 496 | 475 | 571 | 1.4% |
Lithuania | 116 | 266 | 421 | 570 | 70.0% |
Netherlands | 134 | 230 | 432 | 439 | 48.5% |
Poland | 653 | 277 | 238 | 336 | -19.9% |
France | 100 | 83.2 | 104 | 308 | 45.5% |
Denmark | 210 | 231 | 297 | 301 | 12.7% |
United Kingdom | 295 | 110 | 712 | 207 | -11.1% |
Czech Republic | 164 | 143 | 126 | 112 | -11.9% |
Belgium | 213 | 309 | 209 | 97.5 | -22.9% |
Latvia | 365 | 440 | 526 | 71.0 | -42.1% |
Others | 313 | 505 | 639 | 519 | 18.4% |
Total | 4,654 | 4,310 | 6,643 | 5,454 | 5.4% |
Top Suppliers of Malt Extract and Food Preparations of Flour, Meal, and Starch to Estonia in 2022:
- Germany (952.2 tons)
- Finland (391.5 tons)
- Netherlands (302.8 tons)
- Denmark (183.7 tons)
- United Kingdom (166.9 tons)
- Lithuania (136.2 tons)
- France (86.5 tons)
- Poland (83.2 tons)
- Czech Republic (45.1 tons)
- Belgium (34.1 tons)
- Latvia (29.6 tons)
Exports of Malt Extract and Food Preparations of Flour, Meal, and Starch in Estonia
In 2022, approx. 696 tons of malt extract and food preparations of flour, meal, and starches were exported from Estonia; jumping by 15% against 2021 figures. The total export volume increased at an average annual rate of +11.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 20%. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of malt extract and food preparations of flour, meal, and starches declined modestly to $2.4M in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +17.4% 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 increased by +61.9% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 35%. As a result, the exports reached the peak of $2.5M, leveling off in the following year.
Export of Malt Extract and Food Preparations of Flour, Meal, and Starch in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Latvia | 451 | 725 | 850 | 1,014 | 31.0% |
Lithuania | 479 | 404 | 430 | 660 | 11.3% |
Finland | 394 | 381 | 514 | 581 | 13.8% |
Russia | 60.9 | 15.9 | 4.8 | 49.3 | -6.8% |
Germany | 37.4 | 53.0 | 45.4 | 23.6 | -14.2% |
Others | 89.4 | 246 | 611 | 121 | 10.6% |
Total | 1,512 | 1,826 | 2,457 | 2,449 | 17.4% |
Top Export Markets for Malt Extract and Food Preparations of Flour, Meal, and Starch from Estonia in 2022:
- Latvia (302.5 tons)
- Lithuania (199.7 tons)
- Finland (145.6 tons)
- Germany (17.3 tons)
- Russia (15.7 tons)
This report provides an in-depth analysis of the market for malt extract and food preparations of flour, meal, and starch 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 50 - Malt Extract
- FCL 115 - Food Preparations of Flour, Meal or Malt Extract
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
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The global baby food market is projected to experience a steady growth in both volume and value over the next seven years. The market is expected to reach 8.2 million tons in volume and $72.8 billion in value by 2030, driven by increasing demand for baby food worldwide.
Explore the top import markets for baby food and the key statistics of these markets. Know about the countries with the highest import values for baby food, such as China, Saudi Arabia, the United States, and more.