Iron or steel containers with capacity ≤300 l market in Estonia

Earlier Report Observations

Between 2018 and 2024, Estonia's production of iron or steel containers generally followed an upward trend, increasing from 60.3 million USD to 79.9 million USD despite a temporary dip in 2019. The domestic market size, however, showed more volatility, contracting significantly in 2019 and 2020 before rebounding strongly in 2021 and 2022. This recovery was supported by a surge in production value and a concurrent rise in import value through 2021.

Following the 2022 peak, the market experienced a contraction in 2023, with the market size falling to 25.5 million USD as imports continued to decline from their 2021 high. This period also saw export values reach their highest point in 2023, indicating strong external demand for Estonian-made containers. The market partially recovered in 2024, with the market size rising again to 28.1 million USD alongside a stabilization in import levels.

Over the full period, the value of exports consistently exceeded that of imports, highlighting Estonia's role as a net exporter in this sector. The overall production capacity expanded considerably from its 2018 base, demonstrating sustained industrial activity despite annual fluctuations in both domestic consumption and international trade flows.

Production iron or steel containers with capacity ≤300 l in Estonia

In value, 2018-2021, K $ US

Production of iron or steel containers with a capacity of 300 liters or less in Estonia has increased for the second consecutive year. In 2021, output was valued at 70 114 thousand US dollars, marking a 20.3% rise compared to the previous year. Over the period from 2018 to 2021, production grew by 16.2%, with a compound annual growth rate of 5.1%. The lowest production value was recorded in 2019 at 51 934 thousand US dollars, which also saw the largest decline of 13.9%.

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

Exports iron or steel containers with capacity ≤300 l from Estonia

Exports in kind, t

Estonia's export volume of iron or steel containers with a capacity of 300 liters or less has increased for the second consecutive year. In 2021, exports amounted to 18 891 tons, reflecting a 12.4% uptick from the previous year. Between 2018 and 2021, exports rose by 32.9%, equating to an annualized growth rate of 9.9%. The lowest export volume was recorded in 2019 at 13 855 tons, which experienced the largest decline of 2.5%. In contrast, the largest increase occurred in 2020 with a 21.3% rise.

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

From 2018 to 2021, three principal markets—Germany, the Netherlands, and Poland—collectively accounted for 67.3% of Estonia's total exports in kind of iron or steel containers with a capacity of 300 liters or less.

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

Export volumes of iron or steel containers with a capacity of 300 liters or less from Estonia have increased for the second consecutive year. In 2021, export value reached 60 282 thousand US dollars, which is 20.0% higher than the previous year. Between 2018 and 2021, exports grew by 36.7%, corresponding to an annualized rate of 11.0%. The lowest export value was recorded in 2019 at 41 613 thousand US dollars, which saw the largest decline of 5.6%. The largest increase was observed in 2020 with a 20.7% rise.

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

From 2018 to 2021, Germany, the Netherlands, and Poland consistently served as the main destinations for Estonia's exports in value terms. Germany accounted for 27.2% of exports, the Netherlands for 23.4%, and Poland for 13.9%, together representing 64.5% of total export flows.

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

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

Imports iron or steel containers with capacity ≤300 l to Estonia

Imports in kind, t

Import volumes of iron or steel containers with a capacity of 300 liters or less in Estonia have increased for the third consecutive year. In 2021, imports reached 4 510 tons, showing a 4.2% year-on-year advance. Between 2018 and 2021, imports rose by 48%, equating to an annualized growth rate of 14.0%.

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

From 2018 to 2021, Latvia, Poland, and Finland were the main sources for imports in kind of iron or steel containers with a capacity of 300 liters or less in Estonia. Latvia accounted for 27.8% of imports, Poland for 18.4%, and Finland for 13.0%, together making up 59.3% 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

Import volumes of iron or steel containers with a capacity of 300 liters or less in Estonia have increased for the third consecutive year. In 2021, imports totaled 14 976 thousand US dollars, reflecting a significant 20.1% advance compared to the previous year. Over the period from 2018 to 2021, imports grew by 45.6%, with a compound annual growth rate of 13.3%.

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

Throughout 2018 to 2021, Latvia, Germany, and Poland remained the key directions for imports in value terms. Latvia accounted for 22.0% of imports, Germany for 15.6%, and Poland for 14.1%, together comprising 51.7% of total import flows.

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

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