Estonia: Market for Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment 2025

Market Size for Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment in Estonia

After two years of decline, the Estonian market for reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment increased by 209% to $X in 2022. In general, consumption showed buoyant growth. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment in Estonia

In value terms, production of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment totaled $X in 2022 estimated in export price. Overall, production, however, posted a resilient expansion. The pace of growth was the most pronounced in 2014 when the production volume increased by 61% against the previous year. Over the period under review, production of attained the peak level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment

Exports from Estonia

In 2022, after three years of growth, there was significant decline in shipments abroad of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment, when their volume decreased by -85.5% to X tons. In general, exports, however, saw a perceptible expansion. The growth pace was the most rapid in 2020 when exports increased by 18,082%. Over the period under review, the exports of hit record highs at X tons in 2021, and then declined dramatically in the following year.

In value terms, exports of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment dropped significantly to $X in 2022. Over the period under review, exports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 8,696%. The exports peaked at $X in 2021, and then reduced notably in the following year.

Exports by Country

Norway (X tons) was the main destination for exports of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment from Estonia, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Norway was relatively modest.

In value terms, Norway ($X) emerged as the key foreign market for reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment exports from Estonia.

From 2012 to 2022, the average annual rate of growth in terms of value to Norway was relatively modest.

Export Prices by Country

The average export price for reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment stood at $X per ton in 2022, surging by 150% against the previous year. Over the period under review, the export price enjoyed a perceptible increase. The growth pace was the most rapid in 2018 when the average export price increased by 5,046%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Norway.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +946.2% per year.

Imports of Reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment

Imports into Estonia

In 2022, the amount of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment imported into Estonia surged to X tons, picking up by 62% on the previous year. Over the period under review, imports recorded a resilient expansion. The growth pace was the most rapid in 2017 when imports increased by 722% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment dropped to $X in 2022. In general, imports enjoyed slight growth. The pace of growth appeared the most rapid in 2019 with an increase of 704% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2022, Poland (X tons) was the main reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment supplier to Estonia, accounting for a 91% share of total imports. Moreover, imports of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment from Poland exceeded the figures recorded by the second-largest supplier, Norway (X tons), more than tenfold. Germany (X kg) ranked third in terms of total imports with a 2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Poland amounted to +61.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (0.0% per year) and Germany (-17.2% per year).

In value terms, Poland ($X) constituted the largest supplier of reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment to Estonia, comprising 72% of total imports. The second position in the ranking was taken by Norway ($X), with a 20% share of total imports. It was followed by Germany, with a 3.1% share.

From 2012 to 2022, the average annual growth rate of value from Poland amounted to +52.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (0.0% per year) and Germany (-24.0% per year).

Import Prices by Country

The average import price for reservoirs, tanks, vats and similar containers, of aluminium, capacity exceeding 300l, without mechanical or thermal equipment stood at $X per ton in 2022, shrinking by -44.9% against the previous year. In general, the import price showed a deep contraction. The most prominent rate of growth was recorded in 2018 an increase of 553%. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Finland ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+5.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform