Estonia - Crude Sunflower-Seed And Safflower Oil - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Crude Sunflower-Seed and Safflower Oil in Estonia - 2023
Contents:
- Price for Crude Sunflower-Seed and Safflower Oil in Estonia (CIF) - 2022
- Price for Crude Sunflower-Seed and Safflower Oil in Estonia (FOB) - 2022
- Imports of Crude Sunflower-Seed and Safflower Oil in Estonia
- Exports of Crude Sunflower-Seed and Safflower Oil in Estonia
Price for Crude Sunflower-Seed and Safflower Oil in Estonia (CIF) - 2022
In 2022, the average import price for crude sunflower-seed and safflower oil amounted to $1,425 per ton, dropping by -4.5% against the previous year. Overall, the import price saw a pronounced downturn. The growth pace was the most rapid in 2021 when the average import price increased by 54%. Over the period under review, average import prices attained the peak figure at $1,936 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Germany ($4,623 per ton), while the price for Ukraine ($1,310 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Crude Sunflower-Seed and Safflower Oil in Estonia (FOB) - 2022
In 2022, the average export price for crude sunflower-seed and safflower oil amounted to $15,277 per ton, jumping by 676% against the previous year. In general, the export price continues to indicate significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Greece ($75,468 per ton), while the average price for exports to Latvia ($1,199 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 (+2.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Crude Sunflower-Seed and Safflower Oil in Estonia
In 2022, approx. 1.6K tons of crude sunflower-seed and safflower oil were imported into Estonia; increasing by 387% against 2021 figures. Overall, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, crude sunflower-seed and safflower oil imports soared to $2.3M in 2022. In general, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Crude Sunflower-Seed and Safflower Oil in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | N/A | 171 | 261 | 1,066 | 149.7% |
Latvia | N/A | 5.3 | 14.1 | 531 | 900.9% |
Lithuania | N/A | 106 | 98.5 | 428 | 100.9% |
Ukraine | 19.4 | 50.4 | 76.0 | 153 | 99.1% |
Hungary | 186 | N/A | N/A | N/A | 0% |
Others | 2.1 | 3.6 | 40.4 | 103 | 266.0% |
Total | 207 | 336 | 490 | 2,280 | 122.5% |
Top Suppliers of Crude Sunflower-Seed and Safflower Oil to Estonia in 2022:
- Poland (809.0 tons)
- Latvia (385.5 tons)
- Lithuania (245.5 tons)
- Ukraine (116.7 tons)
Exports of Crude Sunflower-Seed and Safflower Oil in Estonia
In 2022, the amount of crude sunflower-seed and safflower oil exported from Estonia skyrocketed to 76 tons, picking up by 330% compared with the previous year's figure. In general, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, crude sunflower-seed and safflower oil exports surged to $1.2M in 2022. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Crude Sunflower-Seed and Safflower Oil in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Greece | N/A | N/A | N/A | 937 | 0% |
Bulgaria | N/A | N/A | N/A | 90.2 | 0% |
Finland | N/A | N/A | N/A | 42.6 | 0% |
Latvia | 3.7 | 3.9 | 1.7 | 26.3 | 92.3% |
Norway | 11.3 | 11.6 | 8.5 | 15.7 | 11.6% |
Lithuania | 5.5 | 6.1 | 22.8 | 15.6 | 41.6% |
Others | 0.2 | 0.1 | 1.7 | 30.3 | 433.1% |
Total | 20.6 | 21.7 | 34.7 | 1,158 | 283.1% |
Top Export Markets for Crude Sunflower-Seed and Safflower Oil from Estonia in 2022:
- Finland (25.1 tons)
- Latvia (21.9 tons)
- Greece (12.4 tons)
- Lithuania (8.0 tons)
- Norway (6.5 tons)
- Bulgaria (1.4 tons)
This report provides an in-depth analysis of the market for crude sunflower-seed and safflower oil 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:
- FCL 268 - Oil of Sunflower Seed
- FCL 281 - Oil of Safflower Seed
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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