Price for Vegetables; Seed Potatoes, Fresh or Chilled in Estonia - 2023

Contents:

  1. Price for Vegetables; Seed Potatoes, Fresh or Chilled in Estonia (CIF) - 2022
  2. Price for Vegetables; Seed Potatoes, Fresh or Chilled in Estonia (FOB) - 2022
  3. Imports of Vegetables; Seed Potatoes, Fresh or Chilled in Estonia
  4. Exports of Vegetables; Seed Potatoes, Fresh or Chilled in Estonia

Price for Vegetables; Seed Potatoes, Fresh or Chilled in Estonia (CIF) - 2022

In 2022, the average import price for vegetables; seed potatoes, fresh or chilleds amounted to $579 per ton, falling by -15.5% against the previous year. In general, the import price continues to indicate a deep downturn. The pace of growth was the most pronounced in 2020 an increase of 393% against the previous year. The import price peaked at $1,370 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($615 per ton), while the price for Norway totaled $95 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+10.3%), while the prices for the other major suppliers experienced a decline.

Price for Vegetables; Seed Potatoes, Fresh or Chilled in Estonia (FOB) - 2022

In 2022, the average export price for vegetables; seed potatoes, fresh or chilleds amounted to $1,150 per ton, increasing by 44% against the previous year. Overall, the export price posted 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 Latvia.

From 2014 to 2022, the rate of growth in terms of prices for Latvia amounted to +9.3% per year.

Imports of Vegetables; Seed Potatoes, Fresh or Chilled in Estonia

Imports of vegetables; seed potatoes, fresh or chilleds into Estonia skyrocketed to 49 tons in 2022, growing by 91% on 2021 figures. Over the period under review, imports, however, faced a sharp curtailment.

In value terms, imports of vegetables; seed potatoes, fresh or chilleds skyrocketed to $28K in 2022. In general, imports, however, showed a perceptible setback.

Import of Vegetables; Seed Potatoes, Fresh or Chilled in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands24.111.015.127.74.8%
NorwayN/AN/AN/A0.40%
GermanyN/A2.4N/AN/A0%
Finland1.00.91.4N/A18.3%
Others7.2N/A1.10.3-65.3%
Total32.414.317.528.3-4.4%

Top Suppliers of Vegetables; Seed Potatoes, Fresh or Chilled to Estonia in 2022:

  1. Netherlands (45.0 tons)
  2. Norway (3.9 tons)

Exports of Vegetables; Seed Potatoes, Fresh or Chilled in Estonia

In 2022, approx. 3.3 tons of vegetables; seed potatoes, fresh or chilleds were exported from Estonia; dropping by -11.7% on 2021 figures. Over the period under review, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 2,961% against the previous year. As a result, the exports reached the peak of 3.7 tons, and then shrank in the following year.

In value terms, exports of vegetables; seed potatoes, fresh or chilleds surged to $3.8K in 2022. In general, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 3,931%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Vegetables; Seed Potatoes, Fresh or Chilled in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
LatviaN/AN/A2.03.890.0%
RussiaN/A0.10.9N/A800.0%
Others0.1N/AN/AN/A0%
Total0.10.13.03.8236.2%

Top Export Markets for Vegetables; Seed Potatoes, Fresh or Chilled from Estonia in 2022:

  1. Latvia (3.3 tons)

Source: IndexBox Market Intelligence Platform

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