Estonia - Soft Drinks - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSoft Drink Price in Estonia - 2023
Contents:
- Soft Drink Price in Estonia (CIF) - 2023
- Soft Drink Price in Estonia (FOB) - 2023
- Soft Drink Imports in Estonia
- Soft Drink Exports in Estonia
Soft Drink Price in Estonia (CIF) - 2023
In September 2023, the average soft drink import price amounted to $916 per thousand litres, with an increase of 5.1% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.2%. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 42% month-to-month. Over the period under review, average import prices hit record highs at $959 per thousand litres in July 2023; however, from August 2023 to September 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Austria ($3.3 per litre), while the price for Lithuania ($554 per thousand litres) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Sweden (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Soft Drink Price in Estonia (FOB) - 2023
The average soft drink export price stood at $862 per thousand litres in September 2023, reducing by -5.1% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.0%. The most prominent rate of growth was recorded in October 2022 an increase of 13% against the previous month. The export price peaked at $908 per thousand litres in August 2023, and then shrank in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Finland ($1.3 per litre), while the average price for exports to Latvia ($552 per thousand litres) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.
Soft Drink Imports in Estonia
For the fourth consecutive year, Estonia recorded growth in supplies from abroad of soft drinks, which increased by 9.8% to 86M litres in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +21.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 29%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, soft drink imports rose remarkably to $61M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +19.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.4% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 31%. Imports peaked in 2022 and are likely to continue growth in years to come.
Import of Soft Drink in Estonia (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 5.7 | 9.0 | 11.1 | 15.1 | 38.4% |
Austria | 7.2 | 8.0 | 10.5 | 12.2 | 19.2% |
Lithuania | 3.9 | 5.9 | 6.8 | 6.4 | 18.0% |
Latvia | 2.4 | 2.6 | 3.4 | 3.5 | 13.4% |
Finland | 2.3 | 2.0 | 3.2 | 3.4 | 13.9% |
Germany | 1.2 | 1.5 | 1.9 | 3.2 | 38.7% |
United Kingdom | 1.8 | 1.4 | 3.4 | 3.0 | 18.6% |
Sweden | 1.4 | 1.6 | 2.5 | 2.3 | 18.0% |
Belgium | 1.8 | 2.2 | 2.9 | 2.1 | 5.3% |
Czech Republic | 0.6 | 0.4 | 1.6 | 1.7 | 41.5% |
Russia | 0.7 | 0.9 | 1.2 | 0.3 | -24.6% |
Others | 6.8 | 7.0 | 7.3 | 8.0 | 5.6% |
Total | 35.6 | 42.4 | 55.8 | 61.1 | 19.7% |
Top Suppliers of Soft Drink to Estonia in 2022:
- Poland (36.3M litres)
- Lithuania (19.4M litres)
- Latvia (7.3M litres)
- Austria (4.3M litres)
- Germany (3.0M litres)
- Finland (2.9M litres)
- Sweden (1.9M litres)
- Belgium (1.5M litres)
- Czech Republic (1.4M litres)
- United Kingdom (1.4M litres)
- Russia (0.6M litres)
Soft Drink Exports in Estonia
In 2022, approx. 22M litres of soft drinks were exported from Estonia; with an increase of 22% against the previous year. Overall, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +15.2% 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 +53.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, soft drink exports reached $15M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +15.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 51%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.
Export of Soft Drink in Estonia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Finland | 3.6 | 3.0 | 6.1 | 6.1 | 19.2% |
Latvia | 3.5 | 3.7 | 4.1 | 4.1 | 5.4% |
Lithuania | 1.7 | 1.9 | 2.9 | 3.8 | 30.8% |
Sweden | 0.5 | 0.3 | 0.3 | 0.2 | -26.3% |
Others | 0.6 | 0.5 | 0.7 | 1.1 | 22.4% |
Total | 10.0 | 9.4 | 14.1 | 15.3 | 15.2% |
Top Export Markets for Soft Drink from Estonia in 2022:
- Latvia (9.7M litres)
- Lithuania (5.9M litres)
- Finland (5.2M litres)
- Sweden (0.2M litres)
This report provides an in-depth analysis of the soft drink market 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:
- Prodcom 11071930 - Waters, with added sugar, other sweetening matter or flavoured, i.e. soft drinks (including mineral and aerated)
- Prodcom 11071950 - z Non-alcoholic beverages not containing milk fat (excluding sweetened or unsweetened mineral, aerated or flavoured waters)
- Prodcom 11071970 - Non-alcoholic beverages containing milk fat
- Prodcom 110000Z1 - Non-alcoholic beverages, not containing milk, milk products and fats derived therefrom (excl. water, fruit or vegetable juices)
- Prodcom 11051010 - Non-alcoholic beer and beer containing . 0.5% alcohol
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
This report provides an in-depth analysis of the soft drink market in Estonia.
This report provides an in-depth analysis of the market for non-alcoholic beverage, not containing milk in Estonia.
This report provides an in-depth analysis of the sugary soft drink market in Estonia.
This report provides an in-depth analysis of the global soft drink market.
This report provides an in-depth analysis of the global market for non-alcoholic beverage, not containing milk.
This report provides an in-depth analysis of the global sugary soft drink market.
This report provides an in-depth analysis of the soft drink market in Estonia.
This report provides an in-depth analysis of the market for non-alcoholic beverage, not containing milk in Estonia.
This report provides an in-depth analysis of the sugary soft drink market in Estonia.
This report provides an in-depth analysis of the global soft drink market.
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