Estonia: Carbonate Market 2020

Carbonate Market Size in Estonia

The revenue of the carbonate market in Estonia amounted to $X in 2018, falling by -X% against the previous year. Overall, carbonate consumption, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Estonia carbonate consumption peaked at $X in 2014; however, from 2015 to 2018, consumption failed to regain its momentum.

Carbonate Production in Estonia

In value terms, carbonate production totaled $X in 2018 estimated in export prices. Over the period under review, carbonate production continues to indicate a slight decline. The pace of growth was the most pronounced in 2014 when production volume increased by X% y-o-y. In that year, carbonate production reached its peak level of $X. From 2015 to 2018, carbonate production growth failed to regain its momentum.

Carbonate Exports

Exports from Estonia

Carbonate exports from Estonia totaled X tons in 2018, going up by X% against the previous year. Over the period under review, the total exports indicated moderate growth 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, carbonate exports decreased by -X% against 2016 indices. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. In that year, carbonate exports reached their peak of X tons. From 2011 to 2018, the growth of carbonate exports failed to regain its momentum.

In value terms, carbonate exports stood at $X in 2018. Over the period under review, carbonate exports continue to indicate a slight descent. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. In that year, carbonate exports attained their peak of $X. From 2011 to 2018, the growth of carbonate exports failed to regain its momentum.

Exports by Country

In 2018, the U.S. (X tons), distantly followed by Turkey (X tons), China (X tons), Bulgaria (X tons) and Germany (X tons) represented the main exporters of carbonates and peroxocarbonates, together committing X% of total exports. Russia (X tons), Spain (X tons), Vietnam (X tons), Poland (X tons), Norway (X tons), France (X tons) and Malaysia (X tons) held a relatively small share of total exports.

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

In value terms, the largest carbonate markets from Estonia were the U.S. ($X), China ($X) and Turkey ($X), with a combined X% share of total exports. These countries were followed by Germany, Bulgaria, Russia, France, Spain, Poland, Vietnam, Malaysia, Norway and Estonia, which together accounted for a further X terms of the main exporting countries, Vietnam recorded the highest growth rate of exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The carbonate export price in Estonia stood at $X per ton in 2018, lowering by -X% against the previous year. In general, the carbonate export price continues to indicate a perceptible setback. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. In that year, the export prices for carbonates and peroxocarbonates attained their peak level of $X per ton. From 2012 to 2018, the growth in terms of the export prices for carbonates and peroxocarbonates remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per ton), while Norway ($X per ton) was amongst the lowest.

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

Carbonate Imports

Imports into Estonia

In 2018, approx. X tons of carbonates and peroxocarbonates were imported into Estonia; falling by -X% against the previous year. Over the period under review, the total imports indicated a temperate expansion from 2007 to 2018: its volume 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, carbonate imports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. Estonia imports peaked at X tons in 2014; however, from 2015 to 2018, imports remained at a lower figure.

In value terms, carbonate imports stood at $X in 2018. In general, the total imports indicated a measured expansion from 2007 to 2018: its value 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, carbonate imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. In that year, carbonate imports reached their peak of $X. From 2015 to 2018, the growth of carbonate imports failed to regain its momentum.

Imports by Country

In 2018, India (X tons), followed by Germany (X tons), Mexico (X tons), Indonesia (X tons) and Brazil (X tons) were the key importers of carbonates and peroxocarbonates, together achieving X% of total imports. Belgium (X tons), Thailand (X tons), South Korea (X tons), Saudi Arabia (X tons), Italy (X tons), Finland (X tons) and France (X tons) followed a long way behind the leaders.

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 carbonate importing markets into Estonia were South Korea ($X), India ($X) and Mexico ($X), together comprising X% of total imports.

In terms of the main importing countries, India recorded the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The carbonate import price in Estonia stood at $X per ton in 2018, remaining relatively unchanged against the previous year. Overall, the carbonate import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when the import price increased by X% year-to-year. Over the period under review, the import prices for carbonates and peroxocarbonates reached their maximum at $X per ton in 2009; however, from 2010 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was South Korea ($X per ton), while Finland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform