Estonia - Sheep And Goat Meat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Sheep and Goat Meat in Estonia - 2023
Contents:
- Price for Sheep and Goat Meat in Estonia (CIF) - 2022
- Price for Sheep and Goat Meat in Estonia (FOB) - 2022
- Imports of Sheep and Goat Meat in Estonia
- Exports of Sheep and Goat Meat in Estonia
Price for Sheep and Goat Meat in Estonia (CIF) - 2022
In 2022, the average sheep and goat meat import price amounted to $12,375 per ton, increasing by 24% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($15,705 per ton), while the price for Spain ($8,724 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Sheep and Goat Meat in Estonia (FOB) - 2022
In 2022, the average sheep and goat meat export price amounted to $12,978 per ton, rising by 30% against the previous year. Overall, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +8.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sheep and goat meat export price increased by +75.5% against 2019 indices. The pace of growth was the most pronounced in 2014 an increase of 65% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Belgium ($15,573 per ton) and Lithuania ($13,978 per ton), while the average price for exports to Latvia ($11,701 per ton) and Finland ($12,503 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+15.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Sheep and Goat Meat in Estonia
In 2022, approx. 357 tons of sheep and goat meat were imported into Estonia; increasing by 31% against the year before. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +7.5% 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 +85.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 42% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, sheep and goat meat imports skyrocketed to $4.4M in 2022. In general, imports enjoyed a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Sheep and Goat Meat in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
New Zealand | 1,508 | 669 | 752 | 1,675 | 3.6% |
Netherlands | 243 | 506 | 1,179 | 1,396 | 79.1% |
Spain | 606 | 278 | 250 | 544 | -3.5% |
Finland | 59.8 | 1.0 | 5.3 | 319 | 74.7% |
Belgium | 14.5 | 198 | 297 | 227 | 150.2% |
Denmark | 21.5 | 22.5 | 13.6 | 131 | 82.6% |
Others | 129 | 164 | 220 | 120 | -2.4% |
Total | 2,582 | 1,839 | 2,717 | 4,412 | 19.6% |
Top Suppliers of Sheep and Goat Meat to Estonia in 2022:
- New Zealand (139.1 tons)
- Netherlands (95.5 tons)
- Spain (62.4 tons)
- Finland (20.3 tons)
- Belgium (17.7 tons)
- Denmark (12.9 tons)
Exports of Sheep and Goat Meat in Estonia
Sheep and goat meat exports from Estonia contracted significantly to 109 tons in 2022, waning by -15.2% on the year before. Overall, exports, however, continue to indicate a buoyant increase. The growth pace was the most rapid in 2021 when exports increased by 332% against the previous year. As a result, the exports attained the peak of 128 tons, and then declined markedly in the following year.
In value terms, sheep and goat meat exports expanded notably to $1.4M in 2022. In general, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 341% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Sheep and Goat Meat in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Finland | 91.7 | 54.0 | 958 | 815 | 107.1% |
Latvia | 256 | 186 | 155 | 253 | -0.4% |
Belgium | N/A | N/A | N/A | 247 | 0% |
Lithuania | 110 | 28.9 | 80.9 | 33.5 | -32.7% |
Sweden | 139 | N/A | 5.7 | N/A | -79.7% |
Others | 15.9 | 20.1 | 75.8 | 59.6 | 55.3% |
Total | 613 | 289 | 1,275 | 1,409 | 32.0% |
Top Export Markets for Sheep and Goat Meat from Estonia in 2022:
- Finland (65.2 tons)
- Latvia (21.6 tons)
- Belgium (15.9 tons)
- Lithuania (2.4 tons)
This report provides an in-depth analysis of the market for sheep and goat meat 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 1017 - Goat meat
- FCL 977 - Meat of sheep
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
- 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, PRODUCING ANIMALS 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
- Producing Animals Slaughtered, 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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