Homogenised composite food preparations market in Estonia

Earlier Report Observations

The Estonian market for homogenised composite food preparations expanded significantly from 2018 to 2020, with volume growing from 2 259 т to 3 382 т, an increase of nearly 50%. In value terms, the market rose from 15.3 млн долл. США to 25.2 млн долл. США over the same period.

After peaking in 2020, market volume contracted to 2 886 т in 2021 but recovered to 3 335 т in 2022. A sharp decline followed in 2023, with volume dropping to 2 371 т, before a slight uptick to 2 413 т in 2024. The value trajectory mirrored these swings, falling to 20.3 млн долл. США in 2021 and 19.1 млн долл. США in 2023, then rebounding to 21.9 млн долл. США in 2024.

Overall, the market demonstrated considerable volatility between 2018 and 2024, with the highest volume and value recorded in 2020 and 2022, and the lowest in 2023. The most recent data shows a stabilization near 2 400 т, indicating a potential consolidation after previous fluctuations.

Production homogenised composite food preparations in Estonia

In value, 2018-2021, K $ US

Estonia's production of homogenised composite food preparations declined after two consecutive years of growth. In 2021, output was valued at 18 870 thousand US dollars, representing a year-on-year decrease of 19.8%. Over the period from 2018 to 2021, production increased by 30.6%, with a compound annual growth rate of 9.3%. The highest value was recorded in 2020 at 23 539 thousand US dollars, which also saw the largest annual increase of 35.9%.

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

In kind, 2018-2021, t

Following two years of growth, Estonia's production of homogenised composite food preparations fell in 2021. The country produced 2 844 tonnes, marking a significant contraction of 14.2% compared to 2020. From 2018 to 2021, overall production increased by 26.4%, with a compound annual growth rate of 8.1%. The peak was reached in 2020 with 3 316 tonnes, which also experienced the largest annual increase of 26.2%.

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

Exports homogenised composite food preparations from Estonia

Exports in kind, t

In 2021, Estonia's exports of homogenised composite food preparations amounted to 226.7 tonnes, up 7.7% from 2020. However, between 2018 and 2021, exports decreased by 21.2%, equivalent to an annualized decline of 7.6%. The lowest volume was recorded in 2020 at 210.5 tonnes, while the highest was in 2019 at 293.6 tonnes. The sharpest decline occurred in 2020, falling by 28.3%.

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

From 2018 to 2021, Finland, Poland, and Russia were the leading destinations for Estonia's exports of homogenised composite food preparations in volume terms. Finland accounted for 34.9% of exports, Poland for 27.8%, and Russia for 21.6%. Together, these three countries represented 84.4% of total export flows.

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 homogenised composite food preparations increased in 2021 after two years of decline. Exports reached 1 302 thousand US dollars, up 15.5% from the previous year. Over the 2018-2021 period, however, exports decreased by 19.7%, with a compound annual decline of 7.1%. The lowest value was recorded in 2020 at 1 127 thousand US dollars, which also saw the largest annual drop of 19.1%.

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

Between 2018 and 2021, Finland, Russia, and Poland were the top contributors to Estonia's exports of homogenised composite food preparations in value terms. Finland made up 38.2% of exports, Russia 24.7%, and Poland 18.8%. Collectively, these three countries accounted for 81.6% of total export value.

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

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

Imports homogenised composite food preparations to Estonia

Imports in kind, t

Estonia imported 268.5 tonnes of homogenised composite food preparations in 2021, a slight decrease of 2.9% year-on-year. From 2018 to 2021, imports fell by 9.3%, with a compound annual decline of 3.2%. The lowest volume was in 2019 at 235.1 tonnes, which also experienced the largest annual decline of 20.5%. In contrast, imports rose by 17.6% in 2020, marking the largest increase during this period.

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

Throughout 2018-2021, the Netherlands, Finland, and Hungary were the key partners for Estonia's imports of homogenised composite food preparations in volume terms. The Netherlands accounted for 36.7% of imports, Finland for 12.5%, and Hungary for 11.8%. Together, these three countries represented 61.0% of total import 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 homogenised composite food preparations declined in 2021. The country imported approximately 2 773 thousand US dollars worth of these products, showing little change from the previous year. Over the 2018-2021 period, imports increased by 11.5%, with a compound annual growth rate of 3.7%. The highest value was recorded in 2020 at 2 778 thousand US dollars, which also saw the largest annual increase of 9.0%.

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

From 2018 to 2021, the Netherlands, Finland, and Hungary were the leading sources for Estonia's imports of homogenised composite food preparations in value terms. The Netherlands accounted for 65.8% of imports, Finland for 6.5%, and Hungary for 5.6%. Combined, these three countries made up 77.9% of total import value.

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

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