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Estonia - Fruit Flour - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEstonia: Fruit Flour Market 2024
Fruit Flour Market Size in Estonia
In 2022, the Estonian fruit flour market decreased by -55% to $X for the first time since 2017, thus ending a four-year rising trend. Over the period under review, consumption, however, recorded strong growth. Over the period under review, the market hit record highs at $X in 2021, and then fell markedly in the following year.
Fruit Flour Production in Estonia
In value terms, fruit flour production amounted to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by 19,312,500% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.
Fruit Flour Exports
Exports from Estonia
In 2022, shipments abroad of fruit flour decreased by -33.4% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2015 when exports increased by 9,095%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.
In value terms, fruit flour exports reduced remarkably to $X in 2022. In general, exports showed a pronounced shrinkage. The growth pace was the most rapid in 2015 when exports increased by 8,188% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.
Exports by Country
Russia (X tons) was the main destination for fruit flour exports from Estonia, accounting for a 90% share of total exports. Moreover, fruit flour exports to Russia exceeded the volume sent to the second major destination, Germany (X kg), more than tenfold.
From 2012 to 2022, the average annual rate of growth in terms of volume to Russia amounted to -11.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+71.8% per year) and South Korea (-25.6% per year).
In value terms, Russia ($X), Germany ($X) and South Korea ($X) appeared to be the largest markets for fruit flour exported from Estonia worldwide, with a combined 81% share of total exports.
Germany, with a CAGR of +50.8%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.
Export Prices by Country
The average fruit flour export price stood at $X per ton in 2022, picking up by 15% against the previous year. Overall, the export price saw a prominent increase. The pace of growth was the most pronounced in 2017 when the average export price increased by 140%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+17.2%), while the prices for the other major destinations experienced mixed trend patterns.
Fruit Flour Imports
Imports into Estonia
In 2022, supplies from abroad of fruit flour decreased by -45% to X tons for the first time since 2017, thus ending a four-year rising trend. Overall, imports showed a noticeable descent. The pace of growth appeared the most rapid in 2015 with an increase of 126%. Imports peaked at X tons in 2021, and then dropped significantly in the following year.
In value terms, fruit flour imports shrank significantly to $X in 2022. Over the period under review, imports recorded a mild curtailment. The most prominent rate of growth was recorded in 2015 when imports increased by 113%. Over the period under review, imports hit record highs at $X in 2021, and then declined rapidly in the following year.
Imports by Country
Italy (X tons), the United States (X tons) and Spain (X tons) were the main suppliers of fruit flour imports to Estonia, with a combined 70% share of total imports. Turkey, Tunisia, Finland, Sri Lanka and Latvia lagged somewhat behind, together accounting for a further 24%.
From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +231.4%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Italy ($X), the United States ($X) and Spain ($X) were the largest fruit flour suppliers to Estonia, together accounting for 63% of total imports. Turkey, Finland, Tunisia, Latvia and Sri Lanka lagged somewhat behind, together comprising a further 23%.
Turkey, with a CAGR of +179.3%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average fruit flour import price stood at $X per ton in 2022, which is down by -14.2% against the previous year. Overall, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fruit flour import price decreased by -48.0% against 2016 indices. The growth pace was the most rapid in 2014 an increase of 58%. Over the period under review, average import prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Finland ($X per ton), while the price for Sri Lanka ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+7.0%), while the prices for the other major suppliers experienced mixed trend patterns.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the fruit flour 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:
- FCL 624 - Flour of Fruits
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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