Estonia: Oat Market 2025

Oat Market Size in Estonia

The Estonian oat market declined to $X in 2022, which is down by -12.4% against the previous year. Over the period under review, consumption saw a abrupt downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Oat Production in Estonia

In value terms, oat production dropped modestly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 46% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

The average yield of oats in Estonia rose markedly to X tons per ha in 2022, increasing by 5% compared with 2021. In general, the yield, however, saw a mild decline. The most prominent rate of growth was recorded in 2019 with an increase of 32%. The oat yield peaked at X tons per ha in 2015; however, from 2016 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the oat harvested area in Estonia was estimated at X ha, approximately reflecting 2021 figures. Overall, the total harvested area indicated temperate growth from 2012 to 2022: its figure increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, oat harvested area decreased by -1.2% against 2020 indices. The pace of growth appeared the most rapid in 2016 when the harvested area increased by 20% against the previous year. The oat harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area stood at a somewhat lower figure.

Oat Exports

Exports from Estonia

In 2022, approx. X tons of oats were exported from Estonia; growing by 12% compared with the year before. Overall, exports showed resilient growth. The most prominent rate of growth was recorded in 2017 when exports increased by 106%. Over the period under review, the exports attained the maximum at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, oat exports soared to $X in 2022. In general, exports posted a remarkable increase. The pace of growth appeared the most rapid in 2017 when exports increased by 116%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

The United States (X tons), Latvia (X tons) and Finland (X tons) were the main destinations of oat exports from Estonia, with a combined 80% share of total exports. Spain and Germany lagged somewhat behind, together comprising a further 18%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +99.5%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Latvia ($X) and Finland ($X) were the largest markets for oat exported from Estonia worldwide, with a combined 79% share of total exports. Spain and Germany lagged somewhat behind, together accounting for a further 19%.

Germany, with a CAGR of +103.7%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average oat export price amounted to $X per ton, with an increase of 45% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Finland ($X per ton) and Spain ($X per ton), while the average price for exports to Latvia ($X per ton) and the United States ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+7.0%), while the prices for the other major destinations experienced more modest paces of growth.

Oat Imports

Imports into Estonia

In 2022, oat imports into Estonia shrank sharply to X tons, reducing by -28.6% on the previous year's figure. Overall, imports recorded a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 221% against the previous year. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, oat imports dropped modestly to $X in 2022. Over the period under review, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 182% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Latvia (X tons) constituted the largest supplier of oat to Estonia, with a 76% share of total imports. Moreover, oat imports from Latvia exceeded the figures recorded by the second-largest supplier, Lithuania (X tons), fourfold. Germany (X tons) ranked third in terms of total imports with a 2.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Latvia totaled +41.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (+15.7% per year) and Germany (+20.1% per year).

In value terms, Latvia ($X) constituted the largest supplier of oats to Estonia, comprising 74% of total imports. The second position in the ranking was held by Lithuania ($X), with a 19% share of total imports. It was followed by Germany, with a 4.6% share.

From 2012 to 2022, the average annual growth rate of value from Latvia amounted to +45.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (+15.7% per year) and Germany (+19.5% per year).

Import Prices by Country

The average oat import price stood at $X per ton in 2022, jumping by 38% against the previous year. Overall, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when the average import price increased by 51%. The import price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($X per ton), while the price for Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+11.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform