Cartons, boxes and cases of corrugated paper or paperboard market in Estonia

Earlier Report Observations

The market for corrugated paperboard boxes and cases in Estonia, characterized by several local manufacturers offering tailored solutions and a product range from three-layer to five-layer board, saw its total volume grow from 35.3 thousand tons in 2018 to a peak of 44.5 thousand tons in 2021. This expansion was accompanied by a shift in market value, which dipped slightly in 2019-2020 before surging to 64.5 million USD in 2021, indicating rising unit prices or a shift toward higher-value products. The market's structure, with an emphasis on durability, recyclability, and the use of materials like white-lined chipboard for luxury packaging, provided a foundation catering to diverse consumer and industrial needs.

Following the 2021 peak, the market volume contracted significantly to 31.3 thousand tons in 2023, a drop of nearly 30% from the high, while the market value declined to 55.0 million USD. This downturn was mirrored in falling domestic production and imports, though exports continued their steady upward climb, reaching 8.1 thousand tons in 2024. The subsequent partial recovery in 2024 to a volume of 35.9 thousand tons and a value of 60.2 million USD suggests a market stabilization.

The overall period from 2018 to 2024 was marked by high volatility, with the most pronounced movements occurring after 2021. The consistent growth in exports, which more than doubled in tonnage over the seven years, points to the strengthening competitive position of Estonian production abroad, even as domestic consumption fluctuated.

Production corrugated or paperboard cartons, boxes and cases in Estonia

In value, 2018-2021, K $ US

Estonia's production of cartons, boxes, and cases made from corrugated paper or paperboard has grown for the second year in a row. In 2021, the output was valued at 46 717 thousand US dollars, marking a significant 35.7% increase compared to the previous year. From 2018 to 2021, production rose by 34.7%, which translates to an average annual growth rate of 10.4%. The lowest value was recorded in 2019 at 33 703 thousand US dollars, with the largest decline that year at 2.8%.

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

In kind, 2018-2021, t

Estonia's production volume of cartons, boxes, and cases made from corrugated paper or paperboard has increased for the third consecutive year. In 2021, Estonia produced 32 261 tonnes, showing a robust 22.0% rise from the previous year. Over the period from 2018 to 2021, production grew by 31.8%, with a compound annual growth rate of 9.6%.

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

Exports corrugated or paperboard cartons, boxes and cases from Estonia

Exports in kind, t

Exports of cartons, boxes, and cases made from corrugated paper or paperboard from Estonia have risen for the third year in a row. In 2021, exports totaled 6 267 tonnes, representing a notable 17.6% increase compared to the previous year. From 2018 to 2021, exports surged by 74.1%, with a compound annual growth rate of 20.3%.

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

From 2018 to 2021, Latvia and Finland were the dominant destinations for Estonia's exports of cartons, boxes, and cases made from corrugated paper or paperboard, jointly accounting for 82.3% of total flows, while other countries held much smaller shares.

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 cartons, boxes, and cases made from corrugated paper or paperboard from Estonia have grown for the second consecutive year. In 2021, exports reached 10 731 thousand US dollars, reflecting a steep 36.7% increase year-over-year. Between 2018 and 2021, exports increased by 65.3%, equating to an average annual growth rate of 18.2%. The lowest value was recorded in 2019 at 6 354 thousand US dollars, with the largest decline that year at 2.1%.

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

From 2018 to 2021, Latvia, Finland, and Lithuania were the main destinations for Estonia's exports of cartons, boxes, and cases made from corrugated paper or paperboard in value terms. Latvia accounted for 37.1%, Finland for 36.8%, and Lithuania for 8.9%, together absorbing 82.8% 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 corrugated or paperboard cartons, boxes and cases to Estonia

Imports in kind, t

Imports of cartons, boxes, and cases made from corrugated paper or paperboard into Estonia have increased for the third consecutive year. In 2021, imports totaled 18 546 tonnes, which is 12.3% higher than the previous year. Between 2018 and 2021, imports grew by 28.7%, translating to an average annual growth rate of 8.8%.

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

From 2018 to 2021, the three largest sources for Estonia's imports of cartons, boxes, and cases made from corrugated paper or paperboard were Latvia, Russia, and Lithuania, together accounting for 79.5% 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

In 2021, imports of cartons, boxes, and cases made from corrugated paper or paperboard into Estonia reached 28 497 thousand US dollars, reflecting a dramatic 34.1% rise compared to 2020. Over the period from 2018 to 2021, imports increased by 35.7%, with a compound annual growth rate of 10.7%. The largest decline was recorded in 2020 at 0.1%.

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

From 2018 to 2021, Latvia, Russia, and Lithuania were the largest suppliers of cartons, boxes, and cases made from corrugated paper or paperboard to Estonia in value terms. Latvia accounted for 32.5%, Russia for 20.6%, and Lithuania for 14.7%, together forming 67.8% 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