Estonia: Rabbit Meat Market 2024

Rabbit Meat Market Size in Estonia

The Estonian rabbit meat market reduced notably to $X in 2022, waning by -22.3% against the previous year. In general, consumption continues to indicate a noticeable setback. Rabbit meat consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Rabbit Meat Production in Estonia

In value terms, rabbit meat production dropped to $X in 2022 estimated in export price. Overall, production, however, showed a noticeable downturn. The most prominent rate of growth was recorded in 2015 with an increase of 69% against the previous year. Rabbit meat production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

The average yield of rabbit or hare meat in Estonia was estimated at X kg per head in 2022, standing approx. at the year before. Overall, the yield saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 8.3%. The rabbit meat yield peaked in 2022 and is likely to see steady growth in the immediate term.

The number of animals slaughtered for rabbit meat production in Estonia was estimated at X heads in 2022, approximately mirroring 2021. Over the period under review, the number of producing animals recorded a relatively flat trend pattern. Over the period under review, this number hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Rabbit Meat Exports

Exports from Estonia

Rabbit meat exports from Estonia surged to X tons in 2022, growing by 479% compared with the previous year's figure. Overall, exports enjoyed significant growth. The pace of growth was the most pronounced in 2013 with an increase of 3,818% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, rabbit meat exports surged to $X in 2022. In general, exports enjoyed a significant increase. The growth pace was the most rapid in 2013 when exports increased by 2,661%. Over the period under review, the exports attained the maximum at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Latvia (X tons) was the main destination for rabbit meat exports from Estonia, with a 98% share of total exports. It was followed by Finland (X kg), with a 0.8% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Latvia stood at +48.0%.

In value terms, Latvia ($X) emerged as the key foreign market for rabbit or hare meat exports from Estonia, comprising 98% of total exports. The second position in the ranking was taken by Finland ($X), with a 0.9% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Latvia stood at +44.0%.

Export Prices by Country

In 2022, the average rabbit meat export price amounted to $X per ton, with a decrease of -29.8% against the previous year. Overall, the export price showed a noticeable decline. The most prominent rate of growth was recorded in 2021 an increase of 99%. As a result, the export price attained the peak level of $X per ton, and then dropped markedly in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($X per ton), while the average price for exports to Latvia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+29.2%), while the prices for the other major destinations experienced a decline.

Rabbit Meat Imports

Imports into Estonia

In 2022, overseas purchases of rabbit or hare meat decreased by -26% to X tons, falling for the fourth year in a row after three years of growth. Over the period under review, imports continue to indicate a perceptible contraction. The growth pace was the most rapid in 2018 when imports increased by 36% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, rabbit meat imports contracted rapidly to $X in 2022. Overall, imports recorded a pronounced contraction. The most prominent rate of growth was recorded in 2018 with an increase of 29%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Poland (X tons), Spain (X tons) and Latvia (X tons) were the main suppliers of rabbit meat imports to Estonia, with a combined 67% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Latvia (with a CAGR of +69.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Lithuania ($X) and Latvia ($X) constituted the largest rabbit meat suppliers to Estonia, together comprising 67% of total imports.

In terms of the main suppliers, Latvia, with a CAGR of +68.1%, recorded the highest rates of growth with regard to 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

The average rabbit meat import price stood at $X per ton in 2022, with an increase of 2.9% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 18% against the previous year. The import price peaked at $X per ton in 2014; afterwards, it flattened through to 2022.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform