Estonia: Market for Bedding and Furnishing Articles (Quilts, Eiderdowns, Cushions, Pouffes And Pillows) 2024

Market Size for Bedding and Furnishing Articles (Quilts, Eiderdowns, Cushions, Pouffes And Pillows) in Estonia

The Estonian bedding and furnishing article market surged to $X in 2022, jumping by 417% against the previous year. Over the period under review, consumption posted a buoyant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Bedding and Furnishing Articles (Quilts, Eiderdowns, Cushions, Pouffes And Pillows) in Estonia

In value terms, bedding and furnishing article production rose rapidly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.2% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 17%. Bedding and furnishing article production peaked in 2022 and is expected to retain growth in the near future.

Exports of Bedding and Furnishing Articles (Quilts, Eiderdowns, Cushions, Pouffes And Pillows)

Exports from Estonia

After two years of growth, overseas shipments of bedding and furnishing articles (quilts, eiderdowns, cushions, pouffes and pillows) decreased by -29.9% to X tons in 2022. Over the period under review, exports saw a noticeable shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 16% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, bedding and furnishing article exports dropped dramatically to $X in 2022. In general, exports showed a noticeable setback. The pace of growth was the most pronounced in 2021 with an increase of 12% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), Sweden (X tons) and Finland (X tons) were the main destinations of bedding and furnishing article exports from Estonia, with a combined 58% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +11.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for bedding and furnishing article exported from Estonia were Germany ($X), Sweden ($X) and the UK ($X), together accounting for 52% of total exports.

Germany, with a CAGR of +11.2%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average bedding and furnishing article export price amounted to $X per ton, with an increase of 13% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Bedding and Furnishing Articles (Quilts, Eiderdowns, Cushions, Pouffes And Pillows)

Imports into Estonia

In 2022, the amount of bedding and furnishing articles (quilts, eiderdowns, cushions, pouffes and pillows) imported into Estonia rose modestly to X tons, increasing by 1.6% compared with 2021. The total import volume increased at an average annual rate of +1.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when imports increased by 38%. As a result, imports reached the peak of X tons; afterwards, it flattened through to 2022.

In value terms, bedding and furnishing article imports declined slightly to $X in 2022. Over the period under review, total imports indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.1% against 2015 indices. The pace of growth was the most pronounced in 2021 with an increase of 25% against the previous year. As a result, imports attained the peak of $X, and then declined slightly in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest bedding and furnishing article supplier to Estonia, accounting for a 52% share of total imports. Moreover, bedding and furnishing article imports from China exceeded the figures recorded by the second-largest supplier, Poland (X tons), fourfold. Lithuania (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +11.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+13.0% per year) and Lithuania (-7.2% per year).

In value terms, China ($X) constituted the largest supplier of bedding and furnishing articles (quilts, eiderdowns, cushions, pouffes and pillows) to Estonia, comprising 48% of total imports. The second position in the ranking was held by Poland ($X), with a 10% share of total imports. It was followed by Lithuania, with a 9.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +10.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+13.7% per year) and Lithuania (-0.7% per year).

Import Prices by Country

The average bedding and furnishing article import price stood at $X per ton in 2022, which is down by -2.8% against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. The pace of growth appeared the most rapid in 2017 an increase of 21%. The import price peaked at $X per ton in 2021, and then shrank slightly in the following year.

Prices varied noticeably by country of origin: 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 (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform