Estonia - Sweet Biscuits Without Chocolate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSweet Biscuit Price in Estonia - 2023
Contents:
- Sweet Biscuit Price in Estonia (CIF) - 2023
- Sweet Biscuit Price in Estonia (FOB) - 2023
- Sweet Biscuit Imports in Estonia
- Sweet Biscuit Exports in Estonia
Sweet Biscuit Price in Estonia (CIF) - 2023
The average sweet biscuit import price stood at $4,416 per ton in September 2023, growing by 11% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +2.9%. The growth pace was the most rapid in April 2023 an increase of 39% against the previous month. Over the period under review, average import prices reached the maximum in September 2023.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Denmark ($7,971 per ton), while the price for Ukraine ($2,072 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Denmark (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Sweet Biscuit Price in Estonia (FOB) - 2023
In September 2023, the average sweet biscuit export price amounted to $6,669 per ton, growing by 36% against the previous month. Over the period under review, export price indicated pronounced growth from September 2022 to September 2023: its price increased at an average monthly rate of +4.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, sweet biscuit export price increased by +35.9% against August 2023 indices. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 62% against the previous month. The export price peaked in September 2023.
There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was Germany ($28,375 per ton), while the average price for exports to Lithuania ($2,092 per ton) 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 Germany (+24.2%), while the prices for the other major destinations experienced more modest paces of growth.
Sweet Biscuit Imports in Estonia
In 2022, supplies from abroad of sweet biscuits decreased by -2% to 4.6K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +4.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 23%. As a result, imports attained the peak of 5K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, sweet biscuit imports totaled $14M in 2022. The total import value increased at an average annual rate of +6.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 9.3%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
Import of Sweet Biscuit in Estonia (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Latvia | 2.4 | 4.5 | 4.2 | 4.3 | 21.5% |
Lithuania | 0.3 | 2.8 | 3.1 | 3.6 | 128.9% |
Finland | 1.1 | 1.7 | 1.8 | 1.8 | 17.8% |
Poland | 2.0 | 0.8 | 0.6 | 0.8 | -26.3% |
Sweden | 0.4 | 0.5 | 1.0 | 0.8 | 26.0% |
Ukraine | 0.8 | 0.6 | 0.6 | 0.5 | -14.5% |
Denmark | 0.4 | 0.5 | 0.7 | 0.4 | 0.0% |
Germany | 0.9 | 0.3 | 0.3 | 0.4 | -23.7% |
Netherlands | 0.8 | 0.1 | 0.1 | 0.2 | -37.0% |
Moldova | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
Spain | 0.6 | 0.2 | 0.1 | 0.1 | -45.0% |
Others | 1.7 | 0.5 | 1.1 | 0.6 | -29.3% |
Total | 11.4 | 12.4 | 13.6 | 13.8 | 6.6% |
Top Suppliers of Sweet Biscuit to Estonia in 2022:
- Latvia (1995.0 tons)
- Lithuania (773.4 tons)
- Finland (436.5 tons)
- Sweden (320.3 tons)
- Ukraine (264.9 tons)
- Poland (240.0 tons)
- Moldova (147.4 tons)
- Denmark (108.7 tons)
- Germany (80.0 tons)
- Netherlands (65.9 tons)
- Spain (36.4 tons)
Sweet Biscuit Exports in Estonia
In 2022, approx. 543 tons of sweet biscuits were exported from Estonia; with an increase of 22% on the year before. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +12.2% 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 +55.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 28% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, sweet biscuit exports dropped to $1.9M in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.1% 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 +55.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 57% against the previous year. As a result, the exports attained the peak of $1.9M, and then shrank slightly in the following year.
Export of Sweet Biscuit in Estonia (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Finland | 492 | 485 | 1,158 | 750 | 15.1% |
Latvia | 145 | 195 | 235 | 497 | 50.8% |
Sweden | 263 | 299 | 259 | 262 | -0.1% |
Lithuania | 50.3 | 64.1 | 91.8 | 110 | 29.8% |
Kazakhstan | 1.2 | N/A | 5.7 | 71.5 | 290.6% |
Azerbaijan | 30.3 | 21.3 | 43.5 | 51.5 | 19.3% |
Spain | N/A | N/A | N/A | 42.4 | 0% |
Russia | 259 | 61.7 | 52.9 | 17.9 | -59.0% |
Others | 83.2 | 75.3 | 44.6 | 64.5 | -8.1% |
Total | 1,324 | 1,201 | 1,890 | 1,867 | 12.1% |
Top Export Markets for Sweet Biscuit from Estonia in 2022:
- Latvia (194.7 tons)
- Finland (186.7 tons)
- Sweden (58.5 tons)
- Lithuania (41.0 tons)
- Azerbaijan (15.0 tons)
- Kazakhstan (12.9 tons)
- Spain (12.5 tons)
- Russia (6.3 tons)
This report provides an in-depth analysis of the sweet biscuit 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 10721255 - Sweet biscuits (including sandwich biscuits, excluding those completely or partially coated or covered with chocolate or other preparations containing cocoa)
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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