Spices; Mixtures Price in Estonia - 2023
Contents:
- Spices; Mixtures Price in Estonia (FOB) - 2022
- Spices; Mixtures Price in Estonia (CIF) - 2023
- Spices; Mixtures Exports in Estonia
- Spices; Mixtures Imports in Estonia
Spices; Mixtures Price in Estonia (FOB) - 2022
The average spices; mixtures export price stood at $13,152 per ton in 2022, dropping by -7.4% against the previous year. Overall, the export price recorded a slight curtailment. The growth pace was the most rapid in 2013 when the average export price increased by 11% against the previous year. As a result, the export price reached the peak level of $16,748 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($16,220 per ton), while the average price for exports to Sweden ($7,451 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 Lithuania (+0.1%), while the prices for the other major destinations experienced a decline.
Spices; Mixtures Price in Estonia (CIF) - 2023
In November 2023, the average spices; mixtures import price amounted to $7,184 per ton, with an increase of 11% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +3.4%. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 24% against the previous month. Over the period under review, average import prices attained the peak figure in November 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($28,999 per ton), while the price for Lithuania ($3,656 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Sweden (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Spices; Mixtures Exports in Estonia
In 2022, after two years of decline, there was growth in shipments abroad of spices; mixtureses, when their volume increased by 0.2% to 68 tons. In general, exports, however, recorded a deep reduction.
In value terms, spices; mixtures exports fell to $898K in 2022. Over the period under review, exports, however, saw a abrupt downturn. The smallest decline of -4.4% was in 2021.
| Export of Spices; Mixtures in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 340 | 397 | 398 | 355 | 1.4% |
| Latvia | 268 | 297 | 331 | 261 | -0.9% |
| Russia | 232 | 107 | 19.7 | 128 | -18.0% |
| Sweden | 228 | 160 | 173 | 127 | -17.7% |
| Finland | 23.3 | 16.0 | 21.1 | 7.2 | -32.4% |
| Others | 44.3 | 34.9 | 24.9 | 20.5 | -22.7% |
| Total | 1,136 | 1,012 | 968 | 898 | -7.5% |
Top Export Markets for Spices; Mixtures from Estonia in 2022:
- Lithuania (21.9 tons)
- Latvia (18.1 tons)
- Sweden (17.0 tons)
- Russia (8.8 tons)
- Finland (0.7 tons)
Spices; Mixtures Imports in Estonia
In 2022, overseas purchases of spices; mixtureses decreased by -26.7% to 163 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2020 with an increase of 0.9%. As a result, imports reached the peak of 224 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, spices; mixtures imports dropped rapidly to $753K in 2022. Overall, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 5.4%.
| Import of Spices; Mixtures in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 365 | 481 | 481 | 220 | -15.5% |
| Latvia | 87.1 | 102 | 164 | 135 | 15.7% |
| Finland | 45.9 | 124 | 98.0 | 110 | 33.8% |
| Sweden | 294 | 170 | 126 | 83.7 | -34.2% |
| Netherlands | 35.0 | 21.3 | 44.7 | 75.8 | 29.4% |
| Lithuania | 86.5 | 116 | 119 | 58.4 | -12.3% |
| Germany | 35.7 | 22.4 | 21.3 | 34.6 | -1.0% |
| Spain | 29.6 | 63.3 | 59.3 | 23.0 | -8.1% |
| Others | 261 | 22.4 | 71.1 | 12.1 | -64.1% |
| Total | 1,240 | 1,123 | 1,184 | 753 | -15.3% |
Top Suppliers of Spices; Mixtures to Estonia in 2022:
- Austria (77.0 tons)
- Latvia (32.2 tons)
- Finland (14.2 tons)
- Lithuania (10.4 tons)
- Sweden (10.1 tons)
- Netherlands (6.8 tons)
- Germany (5.9 tons)
- Spain (3.9 tons)
205
This report provides an in-depth analysis of the ginger market in Estonia.
79
This report provides an in-depth analysis of the market for spices except pepper or ginger in Estonia.
120
This report provides an in-depth analysis of the market for dog and cat food in Estonia.
120
This report provides an in-depth analysis of the apricot market in Estonia.
118
This report provides an in-depth analysis of the virgin olive oil market in Estonia.
507
This report provides an in-depth analysis of the paint and varnish market in Estonia.
183
This report provides an in-depth analysis of the olive oil market in Estonia.
59
This report provides an in-depth analysis of the encased lead pencil market in Estonia.
76
This report provides an in-depth analysis of the diphosphorus pentaoxide market in Estonia.
97
This report provides an in-depth analysis of the market for glass rear-view vehicle mirror in Estonia.
918
The global ginger market is forecast to reach USD 10.3 billion by 2030, growing at a CAGR of 4.7% during the forecast period (2022-2030).
1025
In the wake of the pandemic, the ginger market has accelerated its growth as demand for foods with a reputation for immunity system health has soared to unprecedented heights. India, which almost tripled its export of ginger in 2020, may become a serious competitor to the main global supplier - China. The majority of the developed countries have increased the volume of imports, which, in the context of Covid restrictions and a shortage of container traffic, has led to an increase in prices for the product.
783
The global ginger market revenue amounted to $5.3B in 2018, jumping by 2.8% against the previous year. This figure...
7507
Global ginger consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
8590
Global ginger imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
1381
The global ginger market recorded a positive trend over the period under review, growing from X thousand tons in 2007 to X thousand tons in 2015 with a CAGR +X>
7888
The value of total imports on the global ginger market in 2015 stood at X million USD. There was an annual increase of +X% for the period from 2007 to 2015. In physical terms, imports of ginger was X thousand tons i
11870
In 2015, the leading ginger consuming markets were India (X%), Indonesia (X%), Nepal (X%), Nigeria (X%), and China (X%), together accounting for approximately X% of global consumption. These countries were also amongst the leading producers on the g
1622
From 2007 to 2015, global exports on the ginger market grew by +X% per year, amounting to X million USD in 2015. In physical terms, exports were X thousand tons in 2015, X thousand tons more than the year before.
3389
The global ginger production was estimated at X thousand tons in 2015, which was X thousand tons (or X%) more than in 2014.
