Dried, salted, brined or smoked fish and fish flours market in Estonia

Earlier Report Observations

The market volume for dried, salted, brined or smoked fish and fish flours in Estonia fluctuated significantly between 2018 and 2024. Starting at 3 457 t in 2018, consumption fell sharply to 2 165 t in 2019, then recovered to 3 245 t by 2021. After another contraction to 2 192 t in 2022, the market volume gradually increased to 2 656 t in 2024.

In value terms, the market showed a different trajectory, rising consistently after 2019. From USD 16.1 million in 2019, the market value grew to USD 22.0 million in 2024, indicating a shift toward higher-value products or price increases despite the volatility in physical volume.

Production dried, salted, brined or smoked fish and fish flours in Estonia

In value, 2018-2021, K $ US

Estonia's production of dried, salted, brined, or smoked fish and fish flours rebounded after a two-year decline. In 2021, output reached 23 823 thousand US dollars, marking a significant increase of 16.4% compared to the previous year. Over the period from 2018 to 2021, production decreased by 17.1%, with an average annual decline of 6.1%. The lowest value was recorded in 2020 at 20 470 thousand US dollars, while the largest drop occurred in 2019, with a decline of 28.3%.

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

In kind, 2018-2021, t

Estonia's production of dried, salted, brined, or smoked fish and fish flours grew for the second consecutive year. In 2021, output amounted to 3 287 tonnes, reflecting a modest increase of 1.2% over the previous year. Between 2018 and 2021, production decreased by 16.4%, equivalent to an average annual decline of 5.8%. The lowest value was recorded in 2019 at 2 266 tonnes, which also saw the largest decline of 42.4%. In contrast, the largest increase occurred in 2020, with a rise of 43.3%.

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

Exports dried, salted, brined or smoked fish and fish flours from Estonia

Exports in kind, t

In 2021, exports of dried, salted, brined, or smoked fish and fish flours from Estonia totaled 967 tonnes, representing a decrease of 25.2% compared to the previous year. Over the period from 2018 to 2021, exports declined by 18.9%, with an average annual decrease of 6.7%. The lowest value was recorded in 2019 at 949 tonnes, while the highest was in 2020 at 1 292 tonnes. The largest increase occurred in 2020, with a rise of 36.2%.

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

From 2018 to 2021, Finland and Germany together accounted for 81.7% of total exports in volume, with the remaining flows distributed across other markets.

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

Exports of dried, salted, brined, or smoked fish and fish flours from Estonia recovered after a two-year decline. In 2021, exports amounted to 12 693 thousand US dollars, showing a modest increase of 9.7% from the previous year. Between 2018 and 2021, exports decreased by 23.9%, equivalent to an average annual decline of 8.7%. The lowest value was recorded in 2020 at 11 576 thousand US dollars, while the largest drop occurred in 2019, with a decline of 19.6%.

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

From 2018 to 2021, Finland and Germany were the dominant buyers of dried, salted, brined, or smoked fish and fish flours from Estonia, together capturing 85.7% of total exports in value terms, while other partners played a less significant role.

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

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

Imports dried, salted, brined or smoked fish and fish flours to Estonia

Imports in kind, t

After two years of growth, Estonia's imports of dried, salted, brined, or smoked fish and fish flours declined. In 2021, imports totaled 925 tonnes, representing a contraction of 2.6% year-on-year. Over the period from 2018 to 2021, imports increased by 28.7%, with an average annual growth rate of 8.8%. The highest value was recorded in 2020 at 950 tonnes, while the largest increase occurred in 2019, with a rise of 18.0%.

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

From 2018 to 2021, Lithuania, Thailand, and Finland were the principal sources for imports in volume, accounting for 47.0%, 12.3%, and 11.7% of imports, respectively. Together, they represented 71.0% of total flows.

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

After two years of growth, Estonia's imports of dried, salted, brined, or smoked fish and fish flours declined. In 2021, import volume amounted to 9 036 thousand US dollars, remaining relatively stable compared to 2020. Over the period from 2018 to 2021, imports increased by 43.2%, with an average annual growth rate of 12.7%. The highest value was recorded in 2020 at 9 062 thousand US dollars, while the largest increase occurred in 2019, with a rise of 40.9%.

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

From 2018 to 2021, Lithuania, Finland, and Thailand formed the main group of sources for imports in value terms, accounting for 29.0%, 18.2%, and 14.3% of imports, respectively. Together, they represented 61.4% of total flows of dried, salted, brined, or smoked fish and fish flours to Estonia.

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

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