Concentrated sweetened milk and cream market in Estonia

Earlier Report Observations

Between 2018 and 2021, the market volume for concentrated sweetened milk and cream in Estonia grew from 2 115 t to a peak of 2 445 t. This expansion was supported by local marketing initiatives emphasizing dairy origin, such as Farmi Piimatööstus's packaging redesign, and the expansion of distributor Estover OÜ, which increased product availability. Additionally, industry consolidation under Nordic Milk OÜ in 2020 improved operational efficiency, while falling raw milk prices in 2021 helped contain production costs.

From 2022 onward, the market volume contracted, declining to 1 911 t by 2024. Rising input costs, energy prices, and general inflation heightened consumer price sensitivity, reducing demand. Although no specific drivers were reported for 2023–2024, the downward adjustment continued, with the market value peaking at $5.7 million in 2022 before easing to $5.3 million in 2024.

Production concentrated sweetened milk and cream in Estonia

In value, 2018-2021, K $ US

Estonia's production of concentrated sweetened milk and cream increased for the second consecutive year. In 2021, output was valued at 3 887 thousand US dollars, showing a moderate year-over-year rise of 9.0%. Production grew by 18.8% between 2018 and 2021, equating to an annualized rate of 5.9%. The lowest value was recorded in 2019 at 3 210 thousand US dollars, with the largest decline of 1.9% occurring that year. The largest increase of 11.1% was recorded in 2020.

Annual dynamics of production in Estonia in value, 2018-2021, K $ US

In kind, 2018-2021, t

Top producers of concentrated sweetened milk and cream, 2018-2021

World map of production of concentrated sweetened milk and cream, 2018-2021

After two years of growth, Estonia's production of concentrated sweetened milk and cream declined. In 2021, 1 772 tonnes were produced, showing a moderate year-over-year loss of 3.8%. Over the period from 2018 to 2021, production increased by 10.5%, with a compound annual growth rate of 3.4%. The highest value was recorded in 2020 at 1 842 tonnes, with the largest increase of 11.1% occurring that year.

Annual dynamics of production in Estonia in kind, 2018-2021, t

Exports concentrated sweetened milk and cream from Estonia

Exports in kind, t

The data reveals irregular changes, indicating a volatile market environment. Exports changed by a factor of 1.8 from the trough in 2018 to the peak in 2020. In 2021, exported volumes stood at 83.5 tonnes, showing no significant change compared to 2020. The maximum value was recorded in 2020 at 83.9 tonnes, with the largest increase of 70.3% occurring that year.

Annual dynamics of product's exports from Estonia in kind, 2018-2021, t

From 2018 to 2021, Latvia, Lithuania, and Ireland were the key partners for exports in kind, together accounting for 84.3% of total flows. Latvia represented 42.9% of exports, Lithuania 26.2%, and Ireland 15.3%.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Estonia in kind, 2018-2021

Exports in value, K $ US

Estonia's exports of concentrated sweetened milk and cream increased for the second consecutive year. In 2021, exports amounted to 202 thousand US dollars, marking a gradual year-over-year increase of 5.6%. Between 2018 and 2021, exports grew by 69.3%, equating to an annualized rate of 19.2%. The lowest value was recorded in 2019 at 119 thousand US dollars, with the largest decline of 0.3% occurring that year. The largest increase of 60.9% was recorded in 2020.

Annual dynamics of product's exports from Estonia in value, 2018-2021, K $ US

From 2018 to 2021, Latvia, Lithuania, and Finland together absorbed 79.5% of Estonia's total exports in value terms, making them the main destinations. Latvia accounted for 40.5% of exports, Lithuania 24.8%, and Finland 14.2%.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Estonia in value, 2018-2021

Imports concentrated sweetened milk and cream to Estonia

Imports in kind, t

Estonia's imports of concentrated sweetened milk and cream increased for the third consecutive year. In 2021, imports reached 756.6 tonnes, up by 16.3% compared to 2020. Between 2018 and 2021, imports grew by 35.9%, equating to an annualized rate of 10.8%.

Annual dynamics of product's imports to Estonia in kind, 2018-2021, t

From 2018 to 2021, the Netherlands, Latvia, and Lithuania together absorbed 91.5% of Estonia's total imports in kind, making them the main sources. The Netherlands accounted for 39.1% of imports, Latvia 29.4%, and Lithuania 23.0%.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Estonia in kind, 2018-2021

Imports in value, K $ US

Estonia's imports of concentrated sweetened milk and cream increased for the second consecutive year. In 2021, imports amounted to 1 535 thousand US dollars, which is 8.0% stronger year-over-year. Over the period from 2018 to 2021, imports increased by 13.6%, with a compound annual growth rate of 4.3%. The lowest value was recorded in 2019 at 1 329 thousand US dollars, with the largest decline of 1.7% occurring that year.

Annual dynamics of product's imports to Estonia in value, 2018-2021, K $ US

From 2018 to 2021, the three largest markets—the Netherlands, Latvia, and Lithuania—remained central to imports in value terms, together taking 89.7% of total flows.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Estonia in value, 2018-2021