Estonia: Market for Boards, Sheets, Panels, or Tiles of Gypsum or Plaster 2024

Market Size for Boards, Sheets, Panels, or Tiles of Gypsum or Plaster in Estonia

In 2022, the Estonian market for boards, sheets, panels, or tiles of gypsum or plaster increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, the total consumption indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Consumption of peaked in 2022 and is likely to see steady growth in years to come.

Production of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster in Estonia

In value terms, production of boards, sheets, panels, or tiles of gypsum or plaster contracted to $X in 2022 estimated in export price. Overall, production saw a perceptible decrease. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. Production of peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Exports of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster

Exports from Estonia

In 2022, after two years of decline, there was significant growth in overseas shipments of boards, sheets, panels, or tiles of gypsum or plaster, when their volume increased by X% to X square meters. Over the period under review, exports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports of attained the maximum at X square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of boards, sheets, panels, or tiles of gypsum or plaster soared to $X in 2022. In general, exports, however, continue to indicate a pronounced slump. The pace of growth appeared the most rapid in 2018 with an increase of X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Finland (X square meters) was the main destination for exports of boards, sheets, panels, or tiles of gypsum or plaster from Estonia, accounting for a X% share of total exports. Moreover, exports of boards, sheets, panels, or tiles of gypsum or plaster to Finland exceeded the volume sent to the second major destination, Norway (X square meters), more than tenfold. The UK (X square meters) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Finland totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (X% per year) and the UK (X% per year).

In value terms, Finland ($X) remains the key foreign market for boards, sheets, panels, or tiles of gypsum or plaster exports from Estonia, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with a X% share of total exports. It was followed by Norway, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Finland amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Norway (X% per year).

Export Prices by Country

The average export price for boards, sheets, panels, or tiles of gypsum or plaster stood at $X per square meter in 2022, rising by X% against the previous year. Overall, the export price recorded a noticeable expansion. The pace of growth was the most pronounced in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per square meter in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

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

Imports of Boards, Sheets, Panels, or Tiles of Gypsum or Plaster

Imports into Estonia

In 2022, supplies from abroad of boards, sheets, panels, or tiles of gypsum or plaster increased by X% to X square meters, rising for the second year in a row after two years of decline. Over the period under review, total imports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of X% 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 X% against 2020 indices. The pace of growth was the most pronounced in 2018 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of boards, sheets, panels, or tiles of gypsum or plaster surged to $X in 2022. In general, total imports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, Latvia (X square meters) constituted the largest board, sheet, panel, tile and similar article of plaster supplier to Estonia, accounting for a X% share of total imports. Moreover, imports of boards, sheets, panels, or tiles of gypsum or plaster from Latvia exceeded the figures recorded by the second-largest supplier, Finland (X square meters), twofold. The third position in this ranking was held by Poland (X square meters), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Latvia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (X% per year) and Poland (X% per year).

In value terms, the largest board, sheet, panel, tile and similar article of plaster suppliers to Estonia were Latvia ($X), Finland ($X) and Poland ($X), together comprising X% of total imports. Sweden and Germany lagged somewhat behind, together accounting for a further X%.

Sweden, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for boards, sheets, panels, or tiles of gypsum or plaster stood at $X per square meter in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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 Sweden ($X per square meter), while the price for Latvia ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform