Estonia: Market for Non-Citrus Fruits Not Elsewhere Classified 2024

Market Size for Non-Citrus Fruits Not Elsewhere Classified in Estonia

After three years of growth, the Estonian market for non-citrus fruits not elsewhere classified decreased by -31.5% to $X in 2022. Overall, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2021, and then contracted significantly in the following year.

Exports of Non-Citrus Fruits Not Elsewhere Classified

Exports from Estonia

Non-citrus fruits not elsewhere classified exports from Estonia contracted notably to X tons in 2022, falling by -38.9% against the previous year's figure. In general, exports saw a slight downturn. The most prominent rate of growth was recorded in 2016 when exports increased by 23,745% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, non-citrus fruits not elsewhere classified exports shrank rapidly to $X in 2022. Overall, exports saw a mild contraction. The pace of growth was the most pronounced in 2016 with an increase of 15,336%. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Finland (X tons) was the main destination for non-citrus fruits not elsewhere classified exports from Estonia, with a 76% share of total exports. Moreover, non-citrus fruits not elsewhere classified exports to Finland exceeded the volume sent to the second major destination, Latvia (X kg), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Finland was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (-6.3% per year) and Norway (+10.3% per year).

In value terms, Finland ($X), Latvia ($X) and Norway ($X) were the largest markets for non-citrus fruits not elsewhere classified exported from Estonia worldwide, together comprising 98% of total exports.

In terms of the main countries of destination, Norway, with a CAGR of +6.4%, recorded the highest rates of growth with regard to the value of exports, 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-citrus fruits not elsewhere classified amounted to $X per ton, dropping by -3.7% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 34%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($X per ton), while the average price for exports to Finland ($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 Latvia (+9.0%), while the prices for the other major destinations experienced a decline.

Imports of Non-Citrus Fruits Not Elsewhere Classified

Imports into Estonia

In 2022, purchases abroad of non-citrus fruits not elsewhere classified decreased by -21.8% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports continue to indicate a mild downturn. The growth pace was the most rapid in 2015 with an increase of 63% against the previous year. Over the period under review, imports attained the maximum at X tons in 2021, and then contracted significantly in the following year.

In value terms, non-citrus fruits not elsewhere classified imports contracted markedly to $X in 2022. Overall, total imports indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 when imports increased by 74%. Over the period under review, imports hit record highs at $X in 2021, and then dropped notably in the following year.

Imports by Country

In 2022, Turkey (X tons) constituted the largest supplier of non-citrus fruits not elsewhere classified to Estonia, accounting for a 29% share of total imports. Moreover, non-citrus fruits not elsewhere classified imports from Turkey exceeded the figures recorded by the second-largest supplier, Peru (X tons), twofold. Israel (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2022, the average annual growth rate of volume from Turkey stood at +7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (+7.1% per year) and Israel (+2.0% per year).

In value terms, the largest non-citrus fruits not elsewhere classified suppliers to Estonia were Turkey ($X), Greece ($X) and Peru ($X), with a combined 48% share of total imports. Spain, Israel, the Netherlands, Poland and Egypt lagged somewhat behind, together accounting for a further 32%.

In terms of the main suppliers, the Netherlands, with a CAGR of +30.0%, 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

In 2022, the average import price for non-citrus fruits not elsewhere classified amounted to $X per ton, declining by -13.7% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The pace of growth was the most pronounced in 2017 an increase of 16%. The import price peaked at $X per ton in 2021, and then shrank 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 the Netherlands ($X per ton), while the price for Israel ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform