Estonia: Travelling Wool Rug Market 2025

Travelling Wool Rug Market Size in Estonia

The Estonian travelling wool rug market shrank significantly to $X in 2022, which is down by -38% against the previous year. Over the period under review, consumption recorded a noticeable downturn. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Travelling Wool Rug Production in Estonia

In value terms, travelling wool rug production contracted sharply to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the production volume increased by 156% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Travelling Wool Rug Exports

Exports from Estonia

In 2022, shipments abroad of blankets and travelling rugs of wool decreased by -63% to X units, falling for the fourth consecutive year after two years of growth. Over the period under review, exports faced a abrupt setback. The pace of growth appeared the most rapid in 2015 with an increase of 253%. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, travelling wool rug exports declined remarkably to $X in 2022. In general, exports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2015 with an increase of 116% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Russia (X units) was the main destination for travelling wool rug exports from Estonia, accounting for a 49% share of total exports. Moreover, travelling wool rug exports to Russia exceeded the volume sent to the second major destination, Kazakhstan (X units), twofold. The third position in this ranking was held by the United States (X units), with a 20% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia stood at +33.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (0.0% per year) and the United States (+26.4% per year).

In value terms, the largest markets for travelling wool rug exported from Estonia were Russia ($X), the United States ($X) and Kazakhstan ($X), together comprising 90% of total exports. Finland and the Netherlands lagged somewhat behind, together comprising a further 8.9%.

The Netherlands, with a CAGR of +200.5%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average travelling wool rug export price stood at $X per unit in 2022, dropping by -11.9% against the previous year. In general, the export price, however, enjoyed a tangible increase. The pace of growth was the most pronounced in 2019 when the average export price increased by 83% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($X per unit), while the average price for exports to Kazakhstan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+50.5%), while the prices for the other major destinations experienced more modest paces of growth.

Travelling Wool Rug Imports

Imports into Estonia

In 2022, the amount of blankets and travelling rugs of wool imported into Estonia fell notably to X units, waning by -59.8% against the year before. Over the period under review, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when imports increased by 55% against the previous year. Over the period under review, imports hit record highs at X units in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, travelling wool rug imports contracted rapidly to $X in 2022. Overall, imports saw a deep setback. The most prominent rate of growth was recorded in 2018 with an increase of 28%. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

Ukraine (X units), Peru (X units) and Lithuania (X units) were the main suppliers of travelling wool rug imports to Estonia, together comprising 76% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Ukraine (with a CAGR of +47.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Peru ($X) constituted the largest supplier of blankets and travelling rugs of wool to Estonia, comprising 44% of total imports. The second position in the ranking was held by Ukraine ($X), with a 21% share of total imports. It was followed by the UK, with an 8.9% share.

From 2012 to 2022, the average annual growth rate of value from Peru amounted to -5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Ukraine (+45.0% per year) and the UK (+52.7% per year).

Import Prices by Country

In 2022, the average travelling wool rug import price amounted to $X per unit, picking up by 10% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The pace of growth was the most pronounced in 2021 when the average import price increased by 42%. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the near future.

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 ($X per unit), while the price for Lithuania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform