Estonia: Root And Tuber Market 2024

Root And Tuber Market Size in Estonia

The Estonian root and tuber market totaled $X in 2022, stabilizing at the previous year. Over the period under review, consumption, however, recorded a deep slump. Root and tuber consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Root And Tuber Production in Estonia

In value terms, root and tuber production dropped to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of X%. Root and tuber production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

In 2022, the average root and tuber yield in Estonia rose sharply to X tons per ha, growing by X% compared with 2021 figures. Overall, the yield indicated a moderate increase from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, root and tuber yield decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The root and tuber yield peaked at X tons per ha in 2020; however, from 2021 to 2022, the yield remained at a 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, approx. X ha of roots and tubers were harvested in Estonia; with an increase of X% against the year before. Overall, the harvested area, however, recorded a drastic downturn. The root and tuber harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area stood at a somewhat lower figure.

Root And Tuber Exports

Exports from Estonia

After two years of decline, shipments abroad of roots and tubers increased by X% to X tons in 2022. Overall, exports showed a buoyant increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, root and tuber exports soared to $X in 2022. Over the period under review, exports saw a remarkable increase. The most prominent rate of growth was recorded in 2019 when exports increased by X%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Latvia (X tons) was the main destination for root and tuber exports from Estonia, accounting for a X% share of total exports. Moreover, root and tuber exports to Latvia exceeded the volume sent to the second major destination, Lithuania (X tons), eightfold. The third position in this ranking was taken by Finland (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Latvia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (X% per year) and Finland (X% per year).

In value terms, Latvia ($X) emerged as the key foreign market for roots and tubers exports from Estonia, comprising X% of total exports. The second position in the ranking was taken by Lithuania ($X), with a X% share of total exports. It was followed by Finland, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Latvia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (X% per year) and Finland (X% per year).

Export Prices by Country

The average root and tuber export price stood at $X per ton in 2022, falling by X% against the previous year. In general, the export price showed a noticeable reduction. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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 Russia ($X per ton), while the average price for exports to Latvia ($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 Russia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Root And Tuber Imports

Imports into Estonia

In 2022, the amount of roots and tubers imported into Estonia skyrocketed to X tons, with an increase of X% on the previous year. Over the period under review, imports continue to indicate a significant increase. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, root and tuber imports skyrocketed to $X in 2022. Overall, imports saw a buoyant increase. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

Imports by Country

Latvia (X tons), Finland (X tons) and the Netherlands (X tons) were the main suppliers of root and tuber imports to Estonia, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Latvia ($X), Finland ($X) and the Netherlands ($X) constituted the largest root and tuber suppliers to Estonia, with a combined X% share of total imports.

The Netherlands, with a CAGR of X%, saw the highest growth rate of the value of imports, among 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 root and tuber import price stood at $X per ton in 2022, reducing by X% against the previous year. Overall, the import price saw a pronounced descent. The growth pace was the most rapid in 2021 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform