Estonia: Dried Vegetables Market 2024

Dried Vegetables Market Size in Estonia

In 2022, the Estonian dried vegetables market decreased by X% to $X, falling for the second year in a row after two years of growth. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Dried Vegetables Production in Estonia

In value terms, dried vegetables production expanded rapidly to $X in 2022 estimated in export price. In general, production saw a abrupt curtailment. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. Dried vegetables production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Dried Vegetables Exports

Exports from Estonia

In 2022, the amount of dried vegetables and mixtures of vegetables exported from Estonia reduced to X tons, waning by X% against the previous year. Over the period under review, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, dried vegetables exports contracted to $X in 2022. In general, exports recorded a abrupt descent. The pace of growth appeared the most rapid in 2017 when exports increased by X%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Sweden (X tons) was the main destination for dried vegetables exports from Estonia, accounting for a X% share of total exports. Moreover, dried vegetables exports to Sweden exceeded the volume sent to the second major destination, Lithuania (X tons), twofold. The third position in this ranking was taken by Finland (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sweden totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (X% per year) and Finland (X% per year).

In value terms, the largest markets for dried vegetables exported from Estonia were Lithuania ($X), Sweden ($X) and Latvia ($X), together comprising X% of total exports.

Among the main countries of destination, Lithuania, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average dried vegetables export price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dried vegetables export price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2021 an increase of X%. The export price peaked in 2022 and is expected to retain growth in years to come.

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 Lithuania ($X per ton), while the average price for exports to Finland ($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 Norway (X%), while the prices for the other major destinations experienced more modest paces of growth.

Dried Vegetables Imports

Imports into Estonia

In 2022, the amount of dried vegetables and mixtures of vegetables imported into Estonia declined to X tons, waning by X% compared with the previous year. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, dried vegetables imports amounted to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when imports increased by X%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

China (X tons), Sweden (X tons) and Germany (X tons) were the main suppliers of dried vegetables imports to Estonia, with a combined X% share of total imports. Portugal, Finland, Poland, Lithuania, Latvia, Spain and the United States lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Lithuania (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and Portugal ($X) constituted the largest dried vegetables suppliers to Estonia, together accounting for X% of total imports. Sweden, Finland, Lithuania, Poland, Latvia, Spain and the United States lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Lithuania, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average dried vegetables import price stood at $X per ton in 2022, rising by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by X%. The import price peaked at $X per ton in 2017; however, from 2018 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 Germany ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform