Estonia: Alcohols Market 2020

Alcohols Market Size in Estonia

The revenue of the alcohols market in Estonia amounted to $X in 2018, going down by -X% against the previous year. Overall, alcohols consumption continues to indicate a temperate descent. The pace of growth was the most pronounced in 2016 when the market value increased by X% against the previous year. In that year, the alcohols market reached its peak level of $X. From 2017 to 2018, the growth of the alcohols market remained at a somewhat lower figure.

Alcohols Production in Estonia

In value terms, alcohols production amounted to $X in 2018 estimated in export prices. Overall, alcohols production continues to indicate an abrupt contraction. The growth pace was the most rapid in 2010 when production volume increased by X% y-o-y. Estonia alcohols production peaked at $X in 2007; however, from 2008 to 2018, production stood at a somewhat lower figure.

Alcohols Exports

Exports from Estonia

Alcohols exports from Estonia stood at X tons in 2018, going up by X% against the previous year. Overall, the total exports indicated a buoyant expansion from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, alcohols exports increased by +X% against 2014 indices. The pace of growth was the most pronounced in 2011 when exports increased by X% year-to-year. In that year, alcohols exports reached their peak of X tons. From 2012 to 2018, the growth of alcohols exports remained at a somewhat lower figure.

In value terms, alcohols exports stood at $X in 2018. In general, alcohols exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Estonia exports peaked at $X in 2012; however, from 2013 to 2018, exports remained at a lower figure.

Exports by Country

The countries with the highest levels of alcohols exports in 2018 were Saudi Arabia (X tons), Trinidad and Tobago (X tons), the Netherlands (X tons), the U.S. (X tons), Malaysia (X tons), Germany (X tons), Russia (X tons), Singapore (X tons), Iran (X tons), Taiwan, Chinese (X tons), Venezuela (X tons) and Belgium (X tons), together recording X% of total export.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Malaysia, while the other leaders experienced more modest paces of growth.

In value terms, the largest alcohols markets from Estonia were Germany ($X), Saudi Arabia ($X) and the U.S. ($X), together comprising X% of total exports. The Netherlands, Singapore, Trinidad and Tobago, Taiwan, Chinese, Malaysia, Belgium, Russia, Iran, Venezuela and Estonia lagged somewhat behind, together accounting for a further X experienced the highest rates of growth with regard to exports, in terms of the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The alcohols export price in Estonia stood at $X per ton in 2018, going down by -X% against the previous year. In general, the alcohols export price continues to indicate an abrupt reduction. The pace of growth appeared the most rapid in 2012 when the export price increased by X% against the previous year. Over the period under review, the export prices for alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives attained their maximum at $X per ton in 2008; however, from 2009 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Germany ($X per ton), while Venezuela ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Iran, while the other leaders experienced mixed trends in the export price figures.

Alcohols Imports

Imports into Estonia

Alcohols imports into Estonia stood at X tons in 2018, dropping by -X% against the previous year. In general, alcohols imports continue to indicate a drastic decline. The pace of growth appeared the most rapid in 2016 when imports increased by X% y-o-y. Over the period under review, alcohols imports attained their peak figure at X tons in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

In value terms, alcohols imports stood at $X in 2018. Over the period under review, alcohols imports continue to indicate a slight downturn. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. In that year, alcohols imports attained their peak of $X. From 2017 to 2018, the growth of alcohols imports failed to regain its momentum.

Imports by Country

China (X tons), the U.S. (X tons), India (X tons), South Korea (X tons), Germany (X tons), Japan (X tons), Belgium (X tons), the Netherlands (X tons), Taiwan, Chinese (X tons), Turkey (X tons), France (X tons) and Italy (X tons) represented roughly X% of total imports of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives in 2018.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by India, while the other leaders experienced more modest paces of growth.

In value terms, the largest alcohols importing markets into Estonia were China ($X), the U.S. ($X) and India ($X), with a combined X% share of total imports.

Among the main importing countries, India recorded the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The alcohols import price in Estonia stood at $X per ton in 2018, surging by X% against the previous year. In general, the import price indicated a significant increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, alcohols import price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2010 when the import price increased by X% y-o-y. In that year, the import prices for alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives attained their peak level of $X per ton. From 2011 to 2018, the growth in terms of the import prices for alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives remained at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2018, major importing countries recorded the following prices: in Italy ($X per ton) and Belgium ($X per ton), while South Korea ($X per ton) and the U.S. ($X per ton) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform