Estonia - Prepared Or Preserved Hams And Cuts Of Swine Meat - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Swine Meat Price in Estonia - 2023
Contents:
- Preserved Swine Meat Price in Estonia (CIF) - 2023
- Preserved Swine Meat Price in Estonia (FOB) - 2023
- Preserved Swine Meat Imports in Estonia
- Preserved Swine Meat Exports in Estonia
Preserved Swine Meat Price in Estonia (CIF) - 2023
In September 2023, the average preserved swine meat import price amounted to $5,764 per ton, standing approximately at the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 11% against the previous month. Over the period under review, average import prices hit record highs at $5,920 per ton in July 2023; however, from August 2023 to September 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Italy ($15,593 per ton), while the price for Latvia ($5,484 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Italy (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Swine Meat Price in Estonia (FOB) - 2023
In September 2023, the average preserved swine meat export price amounted to $6,417 per ton, therefore, remained relatively stable against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 11% month-to-month. The export price peaked at $6,957 per ton in June 2023; however, from July 2023 to September 2023, the export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In September 2023, the country with the highest price was Lithuania ($8,014 per ton), while the average price for exports to Latvia ($5,796 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Swine Meat Imports in Estonia
In 2022, the amount of prepared or preserved hams and cuts of swine meat imported into Estonia surged to 303 tons, with an increase of 78% against 2021 figures. In general, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, preserved swine meat imports soared to $1.4M in 2022. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Preserved Swine Meat in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Latvia | 104 | 215 | 321 | 1,003 | 112.9% |
Poland | 349 | 565 | 362 | 238 | -12.0% |
Italy | 82.8 | 92.6 | 124 | 78.6 | -1.7% |
Germany | N/A | 12.5 | 46.0 | 45.0 | 89.7% |
Lithuania | 0.8 | 11.4 | 21.2 | 41.4 | 272.7% |
Others | 86.5 | 31.2 | 20.7 | 17.6 | -41.2% |
Total | 623 | 928 | 895 | 1,424 | 31.7% |
Top Suppliers of Preserved Swine Meat to Estonia in 2022:
- Latvia (219.5 tons)
- Poland (57.3 tons)
- Italy (12.1 tons)
- Germany (6.4 tons)
- Lithuania (5.3 tons)
Preserved Swine Meat Exports in Estonia
In 2022, approx. 202 tons of prepared or preserved hams and cuts of swine meat were exported from Estonia; surging by 50% on 2021 figures. Overall, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, preserved swine meat exports surged to $1.1M in 2022. In general, exports posted significant growth. The growth pace was the most rapid in 2020 with an increase of 43%. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Preserved Swine Meat in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Latvia | 276 | 314 | 700 | 668 | 34.3% |
Lithuania | 172 | 328 | 95.3 | 418 | 34.4% |
Finland | 8.0 | 13.1 | 26.4 | 22.0 | 40.1% |
Others | 2.2 | 0.3 | 4.4 | 1.2 | -18.3% |
Total | 459 | 655 | 826 | 1,109 | 34.2% |
Top Export Markets for Preserved Swine Meat from Estonia in 2022:
- Latvia (132.5 tons)
- Lithuania (63.9 tons)
- Finland (4.9 tons)
This report provides an in-depth analysis of the preserved swine meat market in Estonia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10131545 - Prepared or preserved meat of swine: hams and cuts thereof (excluding prepared meals and dishes)
Country coverage:
- Estonia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Estonia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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