Price for Pectic Substances; Pectinates and Pectates in Estonia - 2023
Contents:
- Price for Pectic Substances; Pectinates and Pectates in Estonia (CIF) - 2022
- Price for Pectic Substances; Pectinates and Pectates in Estonia (FOB) - 2022
- Imports of Pectic Substances; Pectinates and Pectates in Estonia
- Exports of Pectic Substances; Pectinates and Pectates in Estonia
Price for Pectic Substances; Pectinates and Pectates in Estonia (CIF) - 2022
The average import price for pectic substances; pectinates and pectateses stood at $82,229 per ton in 2022, picking up by 384% against the previous year. In general, the import price saw resilient growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($298,955 per ton), while the price for Latvia ($6,948 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+30.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Pectic Substances; Pectinates and Pectates in Estonia (FOB) - 2022
The average export price for pectic substances; pectinates and pectateses stood at $11,219 per ton in 2022, falling by -34% against the previous year. Over the period under review, the export price, however, recorded a moderate expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 66% against the previous year. The export price peaked at $17,475 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
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 Finland ($23,500 per ton), while the average price for exports to Russia ($11,188 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 Finland (+18.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Pectic Substances; Pectinates and Pectates in Estonia
After two years of decline, purchases abroad of pectic substances; pectinates and pectateses increased by 257% to 31 tons in 2022. In general, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, pectic substances; pectinates and pectates imports soared to $2.5M in 2022. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Pectic Substances; Pectinates and Pectates in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 4.2 | 0.9 | N/A | 2,101 | 693.8% |
| Germany | 28.2 | 13.2 | 38.1 | 309 | 122.1% |
| Italy | N/A | 24.1 | 30.3 | 63.7 | 62.6% |
| Poland | N/A | 15.1 | 48.0 | 36.3 | 55.0% |
| France | 8.9 | 10.7 | 14.3 | 14.6 | 17.9% |
| Latvia | 1.0 | 7.7 | 12.9 | 9.3 | 110.3% |
| Switzerland | 4.6 | 6.0 | 2.6 | N/A | -24.8% |
| Denmark | 167 | 86.2 | N/A | N/A | -48.4% |
| Others | 1.4 | 1.1 | 0.5 | 0.5 | -29.1% |
| Total | 215 | 165 | 147 | 2,535 | 127.6% |
Top Suppliers of Pectic Substances; Pectinates and Pectates to Estonia in 2022:
- Germany (16.1 tons)
- Finland (7.0 tons)
- Italy (4.0 tons)
- Poland (1.9 tons)
- Latvia (1.3 tons)
- France (0.5 tons)
Exports of Pectic Substances; Pectinates and Pectates in Estonia
After two years of decline, shipments abroad of pectic substances; pectinates and pectateses increased by 5,009% to 211 tons in 2022. Over the period under review, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, pectic substances; pectinates and pectates exports soared to $2.4M in 2022. In general, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Pectic Substances; Pectinates and Pectates in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 2.2 | N/A | N/A | 2,348 | 921.9% |
| Lithuania | 116 | 86.1 | 40.4 | 10.7 | -54.8% |
| Latvia | 41.8 | 38.6 | 29.8 | 8.2 | -41.9% |
| Others | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Total | 160 | 125 | 70.2 | 2,367 | 145.5% |
Top Export Markets for Pectic Substances; Pectinates and Pectates from Estonia in 2022:
- Russia (209.9 tons)
- Lithuania (0.7 tons)
- Latvia (0.4 tons)
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