Not reinforced or laminated non-cellular plastic sheets market in Estonia

Earlier Report Observations

From 2018 to 2024, the market for not reinforced or laminated non-cellular plastic sheets in Estonia experienced significant fluctuations. In physical terms, market volume decreased from 24,392 t in 2018 to a low of 18,575 t in 2023 before recovering to 22,576 t in 2024. In monetary terms, the market value peaked at 86,099 K $ US in 2021, which is 32.7% higher than the previous year.

The most substantial growth occurred in 2021, but the market contracted in 2022 and 2023. A pronounced recovery followed in 2024, with volume increasing by 21.5% in tonnes and value by 12.1% compared to 2023.

Production not reinforced or laminated non-cellular plastic sheets in Estonia

In value, 2018-2021, K $ US

After a two-year decline, Estonia's production of not reinforced or laminated non-cellular plastic sheets increased in value terms. In 2021, output was valued at 19 871 thousand US dollars, marking a 20.7% increase from the previous year. Over the period from 2018 to 2021, production grew by 5.6%, with a compound annual growth rate of 1.8%. The lowest value was recorded in 2020 at 16 461 thousand US dollars, following the largest decline of 9.7% in 2019.

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

In kind, 2018-2021, t

After a two-year reduction, Estonia's production of not reinforced or laminated non-cellular plastic sheets increased in volume terms. In 2021, 5 768 tonnes were produced, showing a modest improvement of 2.5% from 2020. Over the period from 2018 to 2021, production decreased by 14%, with a compound annual growth rate of -4.9%. The lowest volume was recorded in 2020 at 5 629 tonnes, which also saw the largest decline of 12.6%.

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

Exports not reinforced or laminated non-cellular plastic sheets from Estonia

Exports in kind, t

Estonia's exports of not reinforced or laminated non-cellular plastic sheets increased in volume for the third consecutive year. In 2021, exports amounted to 10 210 tonnes, up by 5.6% compared to 2020. From 2018 to 2021, exports grew by 60.8%, with a compound annual growth rate of 17.2%.

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

From 2018 to 2021, the Netherlands, Denmark, and Latvia were the largest buyers of not reinforced or laminated non-cellular plastic sheets from Estonia in volume terms, accounting for 15.5%, 12.2%, and 11.3% of exports, respectively. However, their combined contribution was limited to 39.1% of total exports, reflecting a diversified country structure.

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 not reinforced or laminated non-cellular plastic sheets increased in value for the third consecutive year. In 2021, exports totaled 32 845 thousand US dollars, representing a sharp increase of 28.0% from the previous year. Over the period from 2018 to 2021, exports grew by 43.9%, with a compound annual growth rate of 12.9%.

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

From 2018 to 2021, Finland, Sweden, and Latvia were the largest buyers of not reinforced or laminated non-cellular plastic sheets from Estonia in value terms, accounting for 15.0%, 13.5%, and 13.0% of exports, respectively. Their combined share reached 41.5% of total exports, indicating a diversified country structure.

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

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

Imports not reinforced or laminated non-cellular plastic sheets to Estonia

Imports in kind, t

Estonia's imports of not reinforced or laminated non-cellular plastic sheets increased in volume for the third consecutive year. In 2021, imports totaled 29 102 tonnes, corresponding to a solid advance of 13.9% compared to 2020. Over the period from 2018 to 2021, imports grew by 21.1%, with a compound annual growth rate of 6.6%.

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

The analysis of imports in volume from 2018 to 2021 shows a broad distribution across many markets. Poland, Finland, and Lithuania were the top suppliers, accounting for 13.8%, 13.1%, and 12.1% of imports, respectively, but together they represented only 39.0% of total flows, with the remaining 61.0% coming from other partners.

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

Estonia's imports of not reinforced or laminated non-cellular plastic sheets increased in value for the third consecutive year. In 2021, import volume tallied 99 073 thousand US dollars, which is 33.7% above the 2020 level. Between 2018 and 2021, imports increased by 36.3%, equating to an annualized rate of 10.9%.

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

From 2018 to 2021, Europe (not elsewhere specified), Germany, and Finland played notable roles as suppliers of not reinforced or laminated non-cellular plastic sheets to Estonia in value terms, accounting for 14.3%, 13.3%, and 13.3% of imports, respectively. However, their joint share reached only 40.8% of total imports, indicating they were not dominant in the market.

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

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