Estonia: Market for Orange Juice (Single Strength) 2024

Market Size for Orange Juice (Single Strength) in Estonia

After two years of growth, the Estonian orange juice (single strength) market decreased by X% to $X in 2022. In general, consumption posted a buoyant expansion. Orange juice (single strength) consumption peaked at $X in 2021, and then shrank in the following year.

Exports of Orange Juice (Single Strength)

Exports from Estonia

In 2022, shipments abroad of orange juice (single strength) increased by X% to X tons, rising for the second year in a row after three years of decline. In general, exports, however, showed a deep downturn. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, orange juice (single strength) exports declined sharply to $X in 2022. Over the period under review, exports, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Latvia (X tons) was the main destination for orange juice (single strength) exports from Estonia, with a X% share of total exports. Moreover, orange juice (single strength) exports to Latvia exceeded the volume sent to the second major destination, Lithuania (X tons), twofold. Finland (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Latvia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (X% per year) and Finland (X% per year).

In value terms, Latvia ($X) emerged as the key foreign market for orange juice (single strength) exports from Estonia, comprising X% of total exports. The second position in the ranking was taken by Lithuania ($X), with a X% share of total exports. It was followed by Finland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Latvia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (X% per year) and Finland (X% per year).

Export Prices by Country

In 2022, the average orange juice (single strength) export price amounted to $X per ton, waning by X% against the previous year. Overall, the export price recorded a pronounced slump. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Russia ($X per ton) and Finland ($X per ton), while the average price for exports to Lithuania ($X per ton) and Latvia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (X%), while the prices for the other major destinations experienced a decline.

Imports of Orange Juice (Single Strength)

Imports into Estonia

In 2022, purchases abroad of orange juice (single strength) increased by X% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, orange juice (single strength) imports fell modestly to $X in 2022. Overall, imports continue to indicate a resilient expansion. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then shrank slightly in the following year.

Imports by Country

In 2022, Spain (X tons) constituted the largest orange juice (single strength) supplier to Estonia, with a X% share of total imports. Moreover, orange juice (single strength) imports from Spain exceeded the figures recorded by the second-largest supplier, Latvia (X tons), twofold. The third position in this ranking was held by Lithuania (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Spain amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Latvia (X% per year) and Lithuania (X% per year).

In value terms, Spain ($X) constituted the largest supplier of orange juice (single strength) to Estonia, comprising X% of total imports. The second position in the ranking was taken by Latvia ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Latvia (X% per year) and Germany (X% per year).

Import Prices by Country

The average orange juice (single strength) import price stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average 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 Germany ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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