Report Update Nov 1, 2024

Estonia - Oranges - Market Analysis, Forecast, Size, Trends and Insights

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Estonia: Orange Market 2024

Orange Market Size in Estonia

In 2022, the Estonian orange market decreased by -22.3% to $X for the first time since 2016, thus ending a five-year rising trend. In general, consumption, however, showed a prominent increase. Over the period under review, the market hit record highs at $X in 2021, and then shrank sharply in the following year.

Orange Exports

Exports from Estonia

In 2022, orange exports from Estonia declined dramatically to X tons, which is down by -30.5% against the year before. Overall, exports faced a deep downturn. The pace of growth was the most pronounced in 2014 with an increase of 522% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, orange exports fell dramatically to $X in 2022. In general, exports recorded a drastic downturn. The growth pace was the most rapid in 2014 with an increase of 469%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Finland (X tons) was the main destination for orange exports from Estonia, accounting for a 49% share of total exports. Moreover, orange exports to Finland exceeded the volume sent to the second major destination, Norway (X tons), threefold. The third position in this ranking was held by Sweden (X tons), with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Finland stood at -13.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-8.0% per year) and Sweden (-15.6% per year).

In value terms, Sweden ($X) emerged as the key foreign market for oranges exports from Estonia, comprising 70% of total exports. The second position in the ranking was taken by Finland ($X), with a 17% share of total exports. It was followed by Norway, with a 7.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Sweden stood at +2.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (-11.3% per year) and Norway (-7.5% per year).

Export Prices by Country

The average orange export price stood at $X per ton in 2022, remaining constant against the previous year. In general, the export price, however, continues to indicate strong growth. The most prominent rate of growth was recorded in 2021 an increase of 126%. As a result, the export price reached the peak level of $X per ton, leveling off in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Latvia ($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 Sweden (+21.1%), while the prices for the other major destinations experienced more modest paces of growth.

Orange Imports

Imports into Estonia

In 2022, the amount of oranges imported into Estonia reduced notably to X tons, which is down by -16.4% against 2021 figures. Over the period under review, imports, however, enjoyed a buoyant expansion. The growth pace was the most rapid in 2013 with an increase of 38% against the previous year. Imports peaked at X tons in 2021, and then dropped dramatically in the following year.

In value terms, orange imports plummeted to $X in 2022. Overall, imports, however, posted a prominent increase. The pace of growth appeared the most rapid in 2017 with an increase of 47% against the previous year. Imports peaked at $X in 2021, and then reduced rapidly in the following year.

Imports by Country

In 2022, Spain (X tons) constituted the largest orange supplier to Estonia, accounting for a 63% share of total imports. Moreover, orange imports from Spain exceeded the figures recorded by the second-largest supplier, Egypt (X tons), fourfold. South Africa (X tons) ranked third in terms of total imports with a 6.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain stood at +19.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+0.7% per year) and South Africa (-7.3% per year).

In value terms, Spain ($X) constituted the largest supplier of oranges to Estonia, comprising 65% of total imports. The second position in the ranking was held by Egypt ($X), with a 12% share of total imports. It was followed by South Africa, with a 7.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain amounted to +21.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (+1.5% per year) and South Africa (-6.2% per year).

Import Prices by Country

The average orange import price stood at $X per ton in 2022, falling by -7.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2020 when the average import price increased by 14% against the previous year. The import price peaked at $X per ton in 2021, and then contracted 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 Finland ($X per ton), while the price for Egypt ($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 (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

This report provides an in-depth analysis of the orange market in Estonia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 490 - Oranges

Country coverage:

Estonia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Estonia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023