Estonia: Fruit Market 2024

Fruit Market Size in Estonia

In 2022, after two years of growth, there was decline in the Estonian fruit market, when its value decreased by X% to $X. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level at $X in 2021, and then reduced modestly in the following year.

Fruit Production in Estonia

In value terms, fruit production stood at $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

The average yield of fruits in Estonia dropped notably to X tons per ha in 2022, with a decrease of X% against 2021 figures. Overall, the yield, however, saw resilient growth. The most prominent rate of growth was recorded in 2021 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X tons per ha, and then fell remarkably in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The fruit harvested area in Estonia soared to X ha in 2022, jumping by X% compared with 2021. Over the period under review, the harvested area, however, showed a abrupt descent. The fruit harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.

Fruit Exports

Exports from Estonia

In 2022, exports of fruits from Estonia stood at X tons, standing approx. at the previous year. Over the period under review, exports enjoyed a resilient expansion. The pace of growth was the most pronounced in 2015 when exports increased by X%. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, fruit exports declined to $X in 2022. In general, exports showed prominent growth. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The exports peaked at $X in 2021, and then declined in the following year.

Exports by Country

Latvia (X tons) was the main destination for fruit exports from Estonia, with a X% share of total exports. Moreover, fruit exports to Latvia exceeded the volume sent to the second major destination, Finland (X tons), fivefold. Norway (X tons) ranked third in terms of total exports with a X% share.

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

In value terms, Latvia ($X) remains the key foreign market for fruits exports from Estonia, comprising X% of total exports. The second position in the ranking was taken by Finland ($X), with a X% share of total exports. It was followed by Germany, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value 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).

Export Prices by Country

In 2022, the average fruit export price amounted to $X per ton, with a decrease of X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2018; however, from 2019 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 ($X per ton), while the average price for exports to Latvia ($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 Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Fruit Imports

Imports into Estonia

Fruit imports into Estonia declined to X tons in 2022, shrinking by X% against the year before. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, fruit imports declined to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

In 2022, Latvia (X tons) constituted the largest fruit supplier to Estonia, accounting for a X% share of total imports. Moreover, fruit imports from Latvia exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), fourfold. Spain (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Latvia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Spain (X% per year).

In value terms, Latvia ($X) constituted the largest supplier of fruits to Estonia, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Latvia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Spain (X% per year).

Import Prices by Country

In 2022, the average fruit import price amounted to $X per ton, standing approx. at the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 an increase of X%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

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 the Netherlands ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform