Estonia: Market for Non-Alcoholic Beverages, Not Containing Milk 2024

Market Size for Non-Alcoholic Beverages, Not Containing Milk in Estonia

The Estonian market for non-alcoholic beverages, not containing milk reduced markedly to $X in 2022, declining by -44.8% against the previous year. Overall, consumption, however, enjoyed a resilient expansion. As a result, consumption attained the peak level of $X, and then fell markedly in the following year.

Production of Non-Alcoholic Beverages, Not Containing Milk in Estonia

In value terms, non-alcoholic beverage, not containing milk production soared to $X in 2022 estimated in export price. Overall, the total production indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +36.7% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by 84% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Exports of Non-Alcoholic Beverages, Not Containing Milk

Exports from Estonia

In 2022, exports of non-alcoholic beverages, not containing milk from Estonia reduced markedly to X litres, waning by -19.8% on the previous year's figure. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by 89% against the previous year. Over the period under review, the exports attained the maximum at X litres in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-alcoholic beverage, not containing milk exports dropped to $X in 2022. In general, exports, however, continue to indicate a noticeable expansion. The pace of growth was the most pronounced in 2016 when exports increased by 68%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Latvia (X litres), Finland (X litres) and Lithuania (X litres) were the main destinations of non-alcoholic beverage, not containing milk exports from Estonia, together accounting for 92% of total exports. These countries were followed by Russia, which accounted for a further 1.9%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Russia (with a CAGR of +10.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-alcoholic beverage, not containing milk exported from Estonia were Latvia ($X), Lithuania ($X) and Finland ($X), with a combined 91% share of total exports.

Lithuania, with a CAGR of +11.7%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average export price for non-alcoholic beverages, not containing milk amounted to $X per litre, with an increase of 15% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 18% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Lithuania ($X per litre) and Russia ($X per litre), while the average price for exports to Latvia ($X per litre) and Finland ($X per litre) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Alcoholic Beverages, Not Containing Milk

Imports into Estonia

In 2022, imports of non-alcoholic beverages, not containing milk into Estonia skyrocketed to X litres, with an increase of 18% compared with 2021 figures. Overall, total imports indicated a moderate increase from 2012 to 2022: its volume increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +98.7% against 2017 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 26%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, non-alcoholic beverage, not containing milk imports amounted to $X in 2022. In general, imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 27%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, Poland (X litres) constituted the largest supplier of non-alcoholic beverage, not containing milk to Estonia, with a 56% share of total imports. Moreover, non-alcoholic beverage, not containing milk imports from Poland exceeded the figures recorded by the second-largest supplier, Lithuania (X litres), threefold. Austria (X litres) ranked third in terms of total imports with a 6.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Poland totaled +20.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (-9.1% per year) and Austria (+17.0% per year).

In value terms, the largest non-alcoholic beverage, not containing milk suppliers to Estonia were Poland ($X), Austria ($X) and Lithuania ($X), together comprising 67% of total imports. Finland, Germany, Belgium, the Netherlands, Latvia and Hungary lagged somewhat behind, together comprising a further 22%.

Belgium, with a CAGR of +26.3%, saw 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 import price for non-alcoholic beverages, not containing milk stood at $X per litre in 2022, which is down by -4.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The growth pace was the most rapid in 2019 when the average import price increased by 11%. The import price peaked at $X per litre in 2021, and then declined slightly in the following year.

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 Austria ($X per litre), while the price for Lithuania ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform