Estonia: Whole Fresh Milk Market 2025

Whole Fresh Milk Market Size in Estonia

In 2022, after two years of growth, there was decline in the Estonian whole fresh milk market, when its value decreased by -1.5% to $X. In general, consumption, however, continues to indicate a relatively flat trend pattern. Whole fresh milk consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Whole Fresh Milk Production in Estonia

In value terms, whole fresh milk production reached $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 43% against the previous year. Whole fresh milk production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Whole Fresh Milk Exports

Exports from Estonia

In 2022, whole fresh milk exports from Estonia rose rapidly to X tons, increasing by 7.2% compared with the year before. The total export volume increased at an average annual rate of +3.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when exports increased by 41% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, whole fresh milk exports surged to $X in 2022. Overall, total exports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.7% against 2019 indices. The pace of growth was the most pronounced in 2017 when exports increased by 53% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Lithuania (X tons) and Latvia (X tons) were the main destinations of whole fresh milk exports from Estonia.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Latvia (with a CAGR of +9.7%).

In value terms, the largest markets for whole fresh milk exported from Estonia were Lithuania ($X) and Latvia ($X).

In terms of the main countries of destination, Latvia, with a CAGR of +12.3%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The average whole fresh milk export price stood at $X per ton in 2022, surging by 27% against the previous year. Overall, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, whole fresh milk export price increased by +41.0% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of 42%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major overseas 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 Lithuania totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+2.4%).

Whole Fresh Milk Imports

Imports into Estonia

In 2022, supplies from abroad of whole fresh milk increased by 14% to X tons, rising for the second year in a row after two years of decline. In general, imports showed buoyant growth. The most prominent rate of growth was recorded in 2017 when imports increased by 226% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, whole fresh milk imports surged to $X in 2022. Over the period under review, imports continue to indicate a strong expansion. The growth pace was the most rapid in 2017 when imports increased by 209% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Latvia (X tons) constituted the largest supplier of whole fresh milk to Estonia, accounting for a 78% share of total imports. Moreover, whole fresh milk imports from Latvia exceeded the figures recorded by the second-largest supplier, Finland (X tons), sevenfold. Poland (X tons) ranked third in terms of total imports with a 7.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Latvia stood at +24.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (+144.3% per year) and Poland (+24.3% per year).

In value terms, Latvia ($X) constituted the largest supplier of whole fresh milk to Estonia, comprising 65% of total imports. The second position in the ranking was taken by Finland ($X), with a 15% share of total imports. It was followed by Poland, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from Latvia stood at +21.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (+132.3% per year) and Poland (+26.0% per year).

Import Prices by Country

In 2022, the average whole fresh milk import price amounted to $X per ton, jumping by 37% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The import price peaked at $X per ton in 2014; however, from 2015 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 Finland ($X per ton), while the price for Latvia ($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 (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform