Price for Wilkings and Smilar Citrus Hybrid in Estonia - 2023

Contents:

  1. Price for Wilkings and Smilar Citrus Hybrid in Estonia (CIF) - 2022
  2. Price for Wilkings and Smilar Citrus Hybrid in Estonia (FOB) - 2022
  3. Imports of Wilkings and Smilar Citrus Hybrid in Estonia
  4. Exports of Wilkings and Smilar Citrus Hybrid in Estonia

Price for Wilkings and Smilar Citrus Hybrid in Estonia (CIF) - 2022

The average import price for fruit, edible stood at $1,488 per ton in 2022, shrinking by -3.5% against the previous year. Over the last five years, it increased at an average annual rate of +7.2%. The growth pace was the most rapid in 2018 an increase of 15%. Over the period under review, average import prices attained the peak figure at $1,541 per ton in 2021, and then contracted in the following year.

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 Latvia ($1,670 per ton), while the price for the Netherlands ($1,043 per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wilkings and Smilar Citrus Hybrid in Estonia (FOB) - 2022

In 2022, the average export price for fruit, edible amounted to $2,412 per ton, rising by 25% against the previous year. Over the period from 2017 to 2022, it increased at an average annual rate of +8.8%. The most prominent rate of growth was recorded in 2018 when the average export price increased by 50%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2017 to 2022, the rate of growth in terms of prices for Lithuania amounted to +12.7% per year.

Imports of Wilkings and Smilar Citrus Hybrid in Estonia

In 2022, the amount of fruit, edible imported into Estonia rose remarkably to 1.1K tons, surging by 12% on the previous year. In general, imports, however, showed a abrupt decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 16% against the previous year. As a result, imports reached the peak of 1.6K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, wilkings and smilar citrus hybrid imports expanded significantly to $1.7M in 2022. Over the period under review, imports, however, recorded a mild slump. The most prominent rate of growth was recorded in 2020 when imports increased by 22% against the previous year. As a result, imports attained the peak of $2.1M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Wilkings and Smilar Citrus Hybrid in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia1,2111,6061,054926-8.6%
Spain45733642465312.6%
Greece18.543.7N/A77.761.3%
Netherlands48.113645.47.2-46.9%
Others1.73.317.34.336.3%
Total1,7362,1251,5401,668-1.3%

Top Suppliers of Wilkings and Smilar Citrus Hybrid to Estonia in 2022:

  1. Latvia (554.4 tons)
  2. Spain (486.4 tons)
  3. Greece (70.2 tons)
  4. Netherlands (6.9 tons)

Exports of Wilkings and Smilar Citrus Hybrid in Estonia

Wilkings and smilar citrus hybrid exports from Estonia contracted to 1.3 tons in 2022, with a decrease of -7% compared with 2021 figures. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 11% against the previous year. As a result, the exports reached the peak of 1.4 tons, and then contracted in the following year.

In value terms, wilkings and smilar citrus hybrid exports skyrocketed to $3.2K in 2022. The total export value increased at an average annual rate of +5.6% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Wilkings and Smilar Citrus Hybrid in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/A2.91.13.25.0%
LatviaN/AN/A1.6N/A0%
Lithuania2.7N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total2.72.92.73.25.8%

Top Export Markets for Wilkings and Smilar Citrus Hybrid from Estonia in 2022:

  1. Netherlands (1.3 tons)

Source: IndexBox Market Intelligence Platform

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