Estonia: Frozen Poultry Liver Market 2024

Frozen Poultry Liver Market Size in Estonia

In 2023, the Estonian frozen poultry liver market increased by X% to $X, rising for the third year in a row after two years of decline. Over the period under review, the total consumption indicated a noticeable expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2020 indices. Over the period under review, the market attained the maximum level in 2023 and is expected to retain growth in years to come.

Frozen Poultry Liver Exports

Exports from Estonia

Frozen poultry liver exports from Estonia dropped to X tons in 2023, waning by X% compared with 2022 figures. Overall, total exports indicated a prominent increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2015 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2023, the exports stood at a somewhat lower figure.

In value terms, frozen poultry liver exports expanded to $X in 2023. Over the period under review, exports, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2022 with an increase of X%. The exports peaked in 2023 and are expected to retain growth in years to come.

Exports by Country

Latvia (X tons) was the main destination for frozen poultry liver exports from Estonia, with a X% share of total exports. Moreover, frozen poultry liver exports to Latvia exceeded the volume sent to the second major destination, Finland (X tons), twofold. The third position in this ranking was taken by Germany (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Latvia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (X% per year) and Germany (X% per year).

In value terms, Finland ($X), Latvia ($X) and Germany ($X) were the largest markets for frozen poultry liver exported from Estonia worldwide, together comprising X% of total exports.

Germany, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average frozen poultry liver export price amounted to $X per ton, surging by X% against the previous year. Overall, export price indicated a pronounced increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, frozen poultry liver export price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2022 when the average export price increased by X%. The export price peaked in 2023 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Poultry Liver Imports

Imports into Estonia

In 2023, supplies from abroad of frozen poultry livers and offal increased by X% to X tons, rising for the third year in a row after two years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2023, the growth of imports remained at a lower figure.

In value terms, frozen poultry liver imports amounted to $X in 2023. Over the period under review, imports enjoyed a prominent increase. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Imports peaked in 2023 and are likely to continue growth in the near future.

Imports by Country

Poland (X tons), Finland (X tons) and Denmark (X tons) were the main suppliers of frozen poultry liver imports to Estonia, with a combined X% share of total imports. The Netherlands, Latvia, Sweden, Lithuania and Germany lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sweden (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen poultry liver suppliers to Estonia were Poland ($X), Denmark ($X) and the Netherlands ($X), with a combined X% share of total imports.

Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average frozen poultry liver import price amounted to $X per ton, waning by X% against the previous year. In general, import price indicated a measured expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, frozen poultry liver import price increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2022 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform