Not retail-packaged synthetic filament yarn including synthetic monofilament of <67 dtex market in Estonia

Earlier Report Observations

Between 2018 and 2024, the volume of Estonia's market for not retail-packaged synthetic filament yarn declined from 5 157 t to 4 818 t. The market contracted sharply in 2020 to 4 201 t, then gradually recovered over the following years, though it did not return to pre-2020 levels.

In value terms, the market fluctuated significantly, rising from 35.5 million USD in 2018 to 45.6 million USD in 2022. A sharp drop to 35.3 million USD occurred in 2023, followed by a strong rebound to 47.9 million USD in 2024.

Production not retail-packaged synthetic filament in Estonia

In value, 2018-2021, K $ US

Estonia's production of not retail-packaged synthetic filament yarn, including synthetic monofilament of <67 dtex, increased for the second consecutive year. In 2021, output was valued at 33 464 thousand US dollars, marking a 21.9% uptick compared to the previous year. Over the period from 2018 to 2021, production grew by 25.5%, which translates to an annualized rate of 7.9%. The lowest value was recorded in 2019 at 25 462 thousand US dollars, with the largest decline of 4.5% occurring that same year.

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

In kind, 2018-2021, t

Estonia's production volume of not retail-packaged synthetic filament yarn, including synthetic monofilament of <67 dtex, rose for the third consecutive year. In 2021, 2 800 tonnes were produced, representing a 14.2% increase from the previous year. From 2018 to 2021, production expanded by 21.6%, equating to an annualized growth rate of 6.7%.

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

Exports not retail-packaged synthetic filament from Estonia

Exports in kind, t

Following a two-year decrease, Estonia's exports of not retail-packaged synthetic filament yarn, including synthetic monofilament of <67 dtex, increased in 2021. Exports totaled 2 239 tonnes, showing a 16.0% uptick compared to the previous year. Between 2018 and 2021, exports declined by 5.3%, with an annualized rate of -1.8%. The lowest volume was recorded in 2020 at 1 930 tonnes, while the largest decline of 11.8% occurred in 2019.

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

From 2018 to 2021, not retail-packaged synthetic filament yarn, including synthetic monofilament of <67 dtex, from Estonia was primarily shipped to Sweden, which accounted for 95.0% of total exports in kind.

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

Deliveries of not retail-packaged synthetic filament yarn, including synthetic monofilament of <67 dtex, from Estonia increased for the second consecutive year. In 2021, Estonia exported 26 320 thousand US dollars worth of this product, marking a steep rise of 26.2% compared to the previous year. Over the period from 2018 to 2021, exports grew by 14%, with an annualized rate of 4.5%. The lowest value was recorded in 2019 at 19 082 thousand US dollars, and the largest decline of 17.4% also occurred that year.

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

Between 2018 and 2021, the structure of exports in value terms was dominated by a single market: Sweden, with a share of 95.7% of total 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 not retail-packaged synthetic filament to Estonia

Imports in kind, t

After a two-year decline, imported volumes of not retail-packaged synthetic filament yarn, including synthetic monofilament of <67 dtex, into Estonia increased in 2021. Estonia imported a total of 4 021 tonnes, which is 9.3% greater year-on-year. From 2018 to 2021, imports decreased by 23%, equating to an annualized rate of -8.3%. The lowest volume was recorded in 2020 at 3 679 tonnes, with the largest decline of 23.4% occurring that same year.

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

Over the period from 2018 to 2021, the main suppliers of not retail-packaged synthetic filament yarn, including synthetic monofilament of <67 dtex, to Estonia were Germany (24.6% of imports in kind), China (18.9% of imports in kind), and Italy (14.8% of imports in kind), together comprising 58.3% of total imports in kind.

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

Following a two-year drop, shipments of not retail-packaged synthetic filament yarn, including synthetic monofilament of <67 dtex, into Estonia from abroad increased in 2021. Estonia imported a total of 33 225 thousand US dollars, constituting a strong rise of 17.3% compared with 2020. Over the period from 2018 to 2021, imports increased by 3.9%, with a compound annual growth rate (CAGR) of 1.3%. The lowest value was recorded in 2020 at 28 315 thousand US dollars, while the largest decline of 7.6% occurred in 2019.

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

Between 2018 and 2021, the Netherlands (34.1% of imports in value terms), Germany (18.6% of imports in value terms), and Italy (11.5% of imports in value terms) consistently held leading positions in the country structure of imports in value terms, jointly accounting for 64.2% of total flows.

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

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