Market research

Cerium compounds market in Estonia

Cerium compounds market in Estonia

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:
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Earlier Report Observations

The Estonian market for cerium compounds contracted substantially between 2019 and 2024, with total market volume falling from 5 475 t to 2 323 t. This decline of over 50% was interrupted only by a brief uptick in 2022, when volume rose to 4 148 t.

Domestic production mirrored this downward trend, dropping from 1 560 t in 2019 to 853 t in 2024. Imports, which constitute the largest share of market supply, also decreased from 5 475 t to 3 676 t over the same period, while exports showed volatile movements without a consistent direction.

By 2024, the market had stabilized at a significantly lower level, indicating reduced overall activity in both local production and international trade for cerium compounds in Estonia.

Table of content

  1. 1. Disclaimer
  2. 2. Terms of use of the report
  3. 3. Product codes in the statistical classifications used in the report
  4. 4. Key Market Indicators and Trends
    1. 4.1. Key Market Indicators
      1. 4.1.1. In kind
        1. 4.1.1.1. Production, 2019-2024
        2. 4.1.1.2. Imports, 2018-2025
        3. 4.1.1.3. Exports, 2018-2025
        4. 4.1.1.4. Market size, 2019-2024
    2. 4.2. Market Trends and Factors
  5. 5. Production
    1. 5.1. Production in Estonia
      1. 5.1.1. In kind, 2019-2024, t
      2. 5.1.2. In value, 2019-2024, K $ US
    2. 5.2. Production in the EU, 2019-2024
      1. 5.2.1. In kind, 2019-2024, t
      2. 5.2.2. In value, 2019-2024, K $ US
  6. 6. Exports
    1. 6.1. Exports (Direct Data)
      1. 6.1.1. Exports - Total information
      2. 6.1.2. Exports in kind, t
        1. 6.1.2.1. Annual dynamics of product's exports from Estonia in kind, 2018-2025, t
        2. 6.1.2.2. Dynamics of product's exports in kind from Estonia by countries, 2018-2025, t
        3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
      3. 6.1.3. Exports in value, K $ US
        1. 6.1.3.1. Annual dynamics of product's exports from Estonia in value, 2018-2025, K $ US
        2. 6.1.3.2. Dynamics of product's exports in value from Estonia by countries, 2018-2025, K $ US
        3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
      4. 6.1.4. Average price of product's exports, $ US/t
        1. 6.1.4.1. Annual dynamics of average price of product's exports from Estonia, 2018-2025, $ US/t
        2. 6.1.4.2. Dynamics of average price of product's exports from Estonia by countries, 2018-2025, $ US/t
    2. 6.2. Exports (Mirror Data)
      1. 6.2.1. Exports - Total information
      2. 6.2.2. Exports in kind, t
        1. 6.2.2.1. Annual dynamics of product's exports from Estonia in kind, 2018-2025, t
        2. 6.2.2.2. Dynamics of product's exports in kind from Estonia by countries, 2018-2025, t
        3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
      3. 6.2.3. Exports in value, K $ US
        1. 6.2.3.1. Annual dynamics of product's exports from Estonia in value, 2018-2025, K $ US
        2. 6.2.3.2. Dynamics of product's exports in value from Estonia by countries, 2018-2025, K $ US
        3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
      4. 6.2.4. Average price of product's exports, $ US/t
        1. 6.2.4.1. Annual dynamics of average price of product's exports from Estonia, 2018-2025, $ US/t
        2. 6.2.4.2. Dynamics of average price of product's exports from Estonia by countries, 2018-2025, $ US/t
  7. 7. Imports
    1. 7.1. Imports (Direct Data)
      1. 7.1.1. Imports - Total information
      2. 7.1.2. Imports in kind, t
        1. 7.1.2.1. Annual dynamics of product's imports to Estonia in kind, 2018-2025, t
        2. 7.1.2.2. Dynamics of product's imports in kind to Estonia by countries, 2018-2025, t
        3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
      3. 7.1.3. Imports in value, K $ US
        1. 7.1.3.1. Annual dynamics of product's imports to Estonia in value, 2018-2025, K $ US
        2. 7.1.3.2. Dynamics of product's imports in value to Estonia by countries, 2018-2025, K $ US
        3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
      4. 7.1.4. Average price of product's imports, $ US/t
        1. 7.1.4.1. Annual dynamics of average price of product's imports to Estonia, 2018-2025, $ US/t
        2. 7.1.4.2. Dynamics of average price of product's imports to Estonia by countries, 2018-2025, $ US/t
    2. 7.2. Imports (Mirror Data)
      1. 7.2.1. Imports - Total information
      2. 7.2.2. Imports in kind, t
        1. 7.2.2.1. Annual dynamics of product's imports to Estonia in kind, 2018-2025, t
        2. 7.2.2.2. Dynamics of product's imports in kind to Estonia by countries, 2018-2025, t
        3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
      3. 7.2.3. Imports in value, K $ US
        1. 7.2.3.1. Annual dynamics of product's imports to Estonia in value, 2018-2025, K $ US
        2. 7.2.3.2. Dynamics of product's imports in value to Estonia by countries, 2018-2025, K $ US
        3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
      4. 7.2.4. Average price of product's imports, $ US/t
        1. 7.2.4.1. Annual dynamics of average price of product's imports to Estonia, 2018-2025, $ US/t
        2. 7.2.4.2. Dynamics of average price of product's imports to Estonia by countries, 2018-2025, $ US/t
  8. 8. Trade balance
    1. 8.1. Trade balance (Direct Data)
      1. 8.1.1. In kind, t
      2. 8.1.2. In value, K $ US
    2. 8.2. Trade balance (Mirror Data)
      1. 8.2.1. In kind, t
      2. 8.2.2. In value, K $ US
  9. 9. Top buying and selling countries, 2018-2025
    1. 9.1. Direct Data
      1. 9.1.1. Import in Value by Countries-buyers
      2. 9.1.2. Export in Value by Countries-suppliers
    2. 9.2. Mirror Data
      1. 9.2.1. Import in Value by Countries-buyers
      2. 9.2.2. Export in Value by Countries-suppliers

Production cerium compounds in Estonia

In value, 2018-2021, K $ US

Market performance showed noticeable fluctuations during the period. From 2019 to 2020, the peak-to-trough amplitude was 1.4 times. In 2021, Estonia's cerium compounds output was valued at 4 202 K $ US, marking a steep 33.7% increase over the previous year. The minimum value was recorded in 2020 at 3 142 K $ US, while the largest decline occurred in 2020 with a 29.6% drop.

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

Parameter201920202021CAGR
1Change from last yearn/a(29.6%)33.7%-
Source: SHEV.io

In kind, 2018-2021, t

Estonia's cerium compounds production declined for the second consecutive year. In 2021, Estonia produced 1 036 t of cerium compounds, reflecting a limited 3.7% drop compared to the previous year. Between 2019 and 2021, production decreased by 33.6%, which equates to an 18.5% annualized rate.

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

Parameter201920202021CAGR
1Change from last yearn/a(31.0%)(3.7%)-
Source: SHEV.io

Exports cerium compounds from Estonia

Exports in kind, t

After a two-year decline, Estonia's cross-border shipments of cerium compounds increased. In 2021, exports amounted to 1 983 t, reflecting a 40.4% advance compared to 2020. The minimum value was recorded in 2020 at 1 412 t, while the largest decline occurred in 2019 with a 21.4% drop.

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

Parameter201920202021CAGR
1Change from last year(21.4%)(9.5%)40.4%(0.0%)
Source: SHEV.io

From 2018 to 2021, Japan and the United States remained the key destinations for exports in kind, jointly accounting for 82.1% of total flows. Other partners were much less significant individually during this period.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

After a two-year decrease, Estonia's cerium compounds exports increased. In 2021, Estonia exported 4 741 K $ US of cerium compounds, up by 15.0% compared to 2020. Between 2018 and 2021, exports decreased by 14.3%, equating to a 5.0% annualized rate. The minimum value was recorded in 2020 at 4 123 K $ US, while the largest decline occurred in 2019 with a 19.2% drop.

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

Parameter201920202021CAGR
1Change from last year(19.2%)(7.8%)15.0%(5.0%)
Source: SHEV.io

From 2018 to 2021, Japan (44.9% of exports in value terms), the United States (32.7% of exports in value terms), and Germany (15.5% of exports in value terms) consistently occupied leading positions in the country structure of exports in value terms. Together, they accounted for 93.1% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports cerium compounds to Estonia

Imports in kind, t

Estonia's cerium compounds imports declined for the second consecutive year. In 2021, Estonia imported 4 838 t of cerium compounds, which is 10.6% less compared to 2020. Over the period 2018-2021, imports decreased by 5.1%, with a CAGR of 1.7%. The maximum value was recorded in 2019 at 5 475 t, while the largest increase occurred in 2019 with a 7.4% rise.

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

Parameter201920202021CAGR
1Change from last year7.4%(1.2%)(10.6%)(1.7%)
Source: SHEV.io

Throughout 2018 to 2021, Russia dominated the country structure of imports in kind, with a share of 96.1% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

In 2021, Estonia's volume of cerium compounds imports amounted to 16 395 K $ US, reflecting a dramatic 47.0% increase from a year earlier. Between 2018 and 2021, imports increased by 39.6%, equating to an 11.8% annualized rate. The minimum value was recorded in 2020 at 11 156 K $ US, while the largest decline occurred in 2020 with a 5.5% drop.

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

Parameter201920202021CAGR
1Change from last year0.5%(5.5%)47.0%11.8%
Source: SHEV.io

From 2018 to 2021, Russia clearly dominated the list of suppliers of cerium compounds to Estonia, taking 95.6% of total imports in value terms.

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

Source: SHEV.io

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

Source: SHEV.io

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