Vulcanised rubber articles market in Estonia

Earlier Report Observations

The market for vulcanised rubber articles in Estonia showed significant volatility between 2018 and 2024. The market volume began the period at 16.3 million USD in 2018, supported by a broader industry growth trend where the production value of rubber and plastic products manufacturing was rising towards its subsequent peak in 2020. This expansion in manufacturing capacity contributed to the available domestic supply. However, the market contracted sharply in 2019 to 11.9 million USD before rebounding to 16.0 million USD in 2020, the year the wider rubber and plastics production sector reached its highest output value.

A new phase of market adjustment began in 2022, when the volume fell to 13.5 million USD. This coincided with Estonia's policy and operational recalibrations in waste management, driven by the risk of missing the EU's 2020 target for 50% preparation for reuse and recycling of municipal waste. These adjustments, affecting the packaging and disposal lifecycle of rubber products, introduced new compliance considerations for the industry. The market then entered a recovery phase, growing to 15.5 million USD in 2023.

By 2024, the market volume had climbed to 18.9 million USD, marking the highest point in the observed period. This recovery occurred without major new regulatory shifts or market entries reported for the vulcanised rubber sector, indicating a stabilization and expansion of underlying demand or supply conditions after the previous downturn.

Production vulcanised rubber articles in Estonia

In value, 2018-2021, K $ US

Estonia's production of vulcanised rubber articles has grown for the second year in a row. In 2021, output reached 24 527 K $ US, marking a 29.0% increase compared to the previous year. Looking at the period from 2018 to 2021, production rose by 16.2%, with an average annual growth rate of 5.1%. The lowest value was recorded in 2019 at 18 069 K $ US, which also saw the largest decline of 14.4%.

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

In kind, 2018-2021, t

In 2021, Estonia produced 1 921 tonnes of vulcanised rubber articles, showing a slight decrease of 6.1% year-over-year. Over the 2018-2021 period, production increased by 6.8%, translating to an annualized growth rate of 2.2%. The lowest output was in 2019 at 1 763 tonnes, while the highest was in 2020 at 2 046 tonnes, which also experienced the largest increase of 16.1%.

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

Exports vulcanised rubber articles from Estonia

Exports in kind, t

Estonia's exports of vulcanised rubber articles totalled 3 782 tonnes in 2021, up 14.0% from 2020. From 2018 to 2021, exports grew by 8.6%, with an average annual rate of 2.8%. The lowest volume was in 2020 at 3 317 tonnes, and the highest was in 2019 at 3 949 tonnes. The largest decline occurred in 2020, dropping by 16.0%.

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

Between 2018 and 2021, Finland, Sweden, and Russia were the main destinations for Estonia's vulcanised rubber articles exports in kind. Finland accounted for 38.6% of exports, Sweden for 19.1%, and Russia for 17.9%, together making up 75.5% of total exports.

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

In 2021, Estonia's exports of vulcanised rubber articles in value terms reached 42 697 K $ US, a significant increase of 34.9% compared to the previous year. Over the 2018-2021 period, exports rose by 35.4%, equating to an annualized growth rate of 10.6%. The largest decline was recorded in 2020 at 6.8%.

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

From 2018 to 2021, Germany, Sweden, and Russia were the key markets for Estonia's vulcanised rubber articles exports in value terms, collectively accounting for 69.0% 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 vulcanised rubber articles to Estonia

Imports in kind, t

In 2021, Estonia imported 3 153 tonnes of vulcanised rubber articles, a moderate increase of 7.7% from 2020. Over the 2018-2021 period, imports decreased by 4.5%, with an annualized decline of 1.5%. The lowest volume was in 2020 at 2 928 tonnes, and the highest was in 2019 at 3 383 tonnes. The largest drop occurred in 2020, falling by 13.5%.

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

During 2018-2021, the top sources for Estonia's imports of vulcanised rubber articles in kind were China, Germany, and Sweden. China represented 33.3% of imports, Germany 9.5%, and Sweden 7.9%, together making up 50.6% of total imports.

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 vulcanised rubber articles have increased for the third consecutive year. In 2021, imports amounted to 35 880 K $ US, up 25.2% from 2020. From 2018 to 2021, imports grew by 34.1%, with an average annual growth rate of 10.3%.

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

Data from 2018 to 2021 show that imports of vulcanised rubber articles to Estonia in value terms were not heavily concentrated. China accounted for 24.0% of imports, Germany for 15.2%, and Sweden for 10.1%, together representing 49.3% 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