Plastic floor, wall and ceiling coverings market in Estonia

Earlier Report Observations

From 2018 to 2024, the Estonian market for plastic floor, wall and ceiling coverings in volume terms (thousand m²) showed fluctuations but ended the period with substantial growth. Market volume moved between 830 thousand m² in 2022 and 1 321 thousand m² in 2024, representing an overall increase of 41% from the 2018 level. In value terms (thousand US dollars), the market demonstrated a more consistent upward trend, rising from 6 267 thousand US dollars in 2018 to 11 181 thousand US dollars in 2024, a 78% growth over the same period.

A pivotal point was the sharp contraction in market volume during 2022, which fell by 13% to 830 thousand m². This was followed by a rapid recovery over the next two years, reaching 946 thousand m² in 2023 and surging to 1 321 thousand m² in 2024. The market value continued almost uninterrupted growth, with a particularly strong 24% jump in 2021 to 9 425 thousand US dollars. A minor 1% correction in 2023 to 9 553 thousand US dollars did not alter the broader upward trajectory.

The divergence between volume and value dynamics points to shifts in pricing or product mix. The 78% rise in market value against a 41% increase in volume suggests rising average prices or a move towards higher-value products. The remarkable volume expansion in 2024 to 1 321 thousand m², coupled with the value reaching 11 181 thousand US dollars, marked a significant market expansion at the end of the reviewed period.

Production plastic floor, wall and ceiling coverings in Estonia

In value, 2018-2021, K $ US

In 2021, Estonia's production of plastic floor, wall, and ceiling coverings was valued at 314.7 thousand US dollars, marking a 39.6% decline from the previous year. Over the period from 2018 to 2021, production fell by 41.3%, with a compound annual growth rate of -16.3%. The largest increase occurred in 2020, at 20.1%.

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

In kind, 2018-2021, m²

In 2021, Estonia produced 41,900 square meters of plastic floor, wall, and ceiling coverings, representing a 41.8% decrease compared to 2020. Between 2018 and 2021, production dropped by 47.2%, which translates to an annualized rate of -19.2%. The largest increase was recorded in 2020, at 18.0%.

Annual dynamics of production in Estonia in kind, 2018-2021, m²

Exports plastic floor, wall and ceiling coverings from Estonia

Exports in kind, K m²

Exports of plastic floor, wall, and ceiling coverings from Estonia declined for the third consecutive year. In 2021, exports amounted to 140 thousand square meters, showing a modest reduction of 3.5% compared to 2020. From 2018 to 2021, exports decreased by 15.4%, equating to an annualized rate of -5.4%.

Annual dynamics of product's exports from Estonia in kind, 2018-2021, K m²

Between 2018 and 2021, Finland accounted for 44.7% of Estonia's exports in kind, followed by Poland at 11.5% and Latvia at 9.8%. Together, these three countries comprised 66.0% of total export volumes.

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 plastic floor, wall, and ceiling coverings in value terms fell for the third year in a row. In 2021, exports reached 1,237 thousand US dollars, indicating a 5.0% contraction from the previous year. Over the period from 2018 to 2021, exports decreased by 17.9%, with a compound annual growth rate of -6.4%.

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

From 2018 to 2021, Finland was the largest buyer of plastic floor, wall, and ceiling coverings from Estonia in value terms, representing 43.2% of exports. Latvia followed with 11.2%, and Poland with 9.7%. Combined, these three markets made up 64.2% 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 plastic floor, wall and ceiling coverings to Estonia

Imports in kind, K m²

After two years of decline, Estonia's imports of plastic floor, wall, and ceiling coverings in kind increased in 2021. Imports totaled 1,056 thousand square meters, reflecting a moderate rise of 5.3% year-over-year. Between 2018 and 2021, imports grew by 3.5%, equating to an annualized rate of 1.2%. The lowest volume was recorded in 2020 at 1,002 thousand square meters, while the largest decline occurred in 2019 at 1.3%.

Annual dynamics of product's imports to Estonia in kind, 2018-2021, K m²

Over the period from 2018 to 2021, Sweden was the largest supplier of plastic floor, wall, and ceiling coverings to Estonia in kind, accounting for 16.4% of imports. China followed with 15.7%, and Belgium with 9.6%. Together, these three countries represented 41.7% of total import volumes, with many smaller partners contributing to the remainder.

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 plastic floor, wall, and ceiling coverings in value terms increased for the third consecutive year. In 2021, imports amounted to approximately 10,347 thousand US dollars, up by 23.2% compared to the previous year. From 2018 to 2021, imports rose by 42.9%, with a compound annual growth rate of 12.6%.

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

Between 2018 and 2021, Estonia's imports of plastic floor, wall, and ceiling coverings in value terms were spread across a wide range of markets. China led with 15.7% of imports, followed by Sweden at 15.3% and the Netherlands at 10.1%. Together, these three countries accounted for 41.1% of total import value, highlighting a diverse supplier base.

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

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