Price for Frozen Concentrated Orange Juice in Estonia - 2023
Contents:
- Price for Frozen Concentrated Orange Juice in Estonia (CIF) - 2022
- Price for Frozen Concentrated Orange Juice in Estonia (FOB) - 2022
- Imports of Frozen Concentrated Orange Juice in Estonia
- Exports of Frozen Concentrated Orange Juice in Estonia
Price for Frozen Concentrated Orange Juice in Estonia (CIF) - 2022
The average frozen concentrated orange juice import price stood at $2,473 per ton in 2022, jumping by 42% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The import price peaked at $2,553 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($2,657 per ton), while the price for Lithuania ($1,176 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Frozen Concentrated Orange Juice in Estonia (FOB) - 2022
In 2022, the average frozen concentrated orange juice export price amounted to $2,489 per ton, approximately equating 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 32% against the previous year. As a result, the export price reached the peak level of $3,787 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Lithuania.
From 2012 to 2022, the rate of growth in terms of prices for Cyprus amounted to +13.6% per year.
Imports of Frozen Concentrated Orange Juice in Estonia
In 2022, frozen concentrated orange juice imports into Estonia totaled 275 tons, approximately reflecting the year before. The total import volume increased at an average annual rate of +6.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, frozen concentrated orange juice imports soared to $681K in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +9.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Frozen Concentrated Orange Juice in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 459 | 271 | 13.7 | 524 | 4.5% |
Austria | 64.5 | 132 | 452 | 151 | 32.8% |
Others | N/A | 17.5 | 13.7 | 6.0 | -41.4% |
Total | 523 | 420 | 479 | 681 | 9.2% |
Top Suppliers of Frozen Concentrated Orange Juice to Estonia in 2022:
- Netherlands (197.1 tons)
- Austria (73.9 tons)
Exports of Frozen Concentrated Orange Juice in Estonia
In 2022, exports of frozen concentrated orange juice from Estonia totaled 1 tons, approximately mirroring 2021. In general, exports posted a significant increase. The smallest decline of 99.9% was in 2021. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, frozen concentrated orange juice exports amounted to $2.6K in 2022. Over the period under review, exports continue to indicate significant growth. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Frozen Concentrated Orange Juice in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Lithuania | N/A | N/A | 2.6 | 0% | |
Others | N/A | N/A | N/A | 0% | |
Total | N/A | N/A | 2.6 | 0% |
Top Export Markets for Frozen Concentrated Orange Juice from Estonia in 2022:
- Lithuania (1.0 tons)
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