Estonia: Market for Dissolving Grade Wood Pulp 2025

Market Size for Dissolving Grade Wood Pulp in Estonia

The Estonian dissolving grade wood pulp market contracted notably to $X in 2022, shrinking by -95.5% against the previous year. Over the period under review, consumption continues to indicate a precipitous decrease. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Dissolving Grade Wood Pulp in Estonia

In value terms, dissolving grade wood pulp production reduced to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 5.5%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Exports of Dissolving Grade Wood Pulp

Exports from Estonia

In 2022, the amount of dissolving grade wood pulp exported from Estonia dropped markedly to X tons, waning by -87.5% on 2021 figures. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 772%. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, dissolving grade wood pulp exports contracted remarkably to $X in 2022. Overall, exports, however, enjoyed a measured expansion. The pace of growth was the most pronounced in 2019 when exports increased by 532% against the previous year. The exports peaked at $X in 2021, and then fell sharply in the following year.

Exports by Country

Poland (X tons), Lithuania (X tons) and the Czech Republic (X tons) were the main destinations of dissolving grade wood pulp exports from Estonia.

From 2015 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lithuania (with a CAGR of +0.5%), while the other leaders experienced a decline.

In value terms, the largest markets for dissolving grade wood pulp exported from Estonia were Poland ($X), Lithuania ($X) and the Czech Republic ($X).

Lithuania, with a CAGR of +25.8%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average dissolving grade wood pulp export price stood at $X per ton in 2022, standing approx. at the previous year. Over the period under review, the export price enjoyed a tangible expansion. The pace of growth appeared the most rapid in 2021 an increase of 59% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($X per ton), while the average price for exports to the Czech Republic ($X per ton) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+25.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Dissolving Grade Wood Pulp

Imports into Estonia

In 2022, the amount of dissolving grade wood pulp imported into Estonia declined dramatically to X tons, waning by -98.7% on the year before. Overall, imports saw a deep contraction. The pace of growth was the most pronounced in 2019 with an increase of 1,278% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, dissolving grade wood pulp imports contracted markedly to $X in 2022. In general, imports recorded a deep contraction. The pace of growth was the most pronounced in 2019 with an increase of 1,164% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Finland (X tons) was the main dissolving grade wood pulp supplier to Estonia, with a approx. 100% share of total imports.

From 2016 to 2022, the average annual rate of growth in terms of volume from Finland totaled -15.8%.

In value terms, Finland ($X) constituted the largest supplier of dissolving grade wood pulp to Estonia.

From 2016 to 2022, the average annual rate of growth in terms of value from Finland totaled -6.5%.

Import Prices by Country

In 2022, the average dissolving grade wood pulp import price amounted to $X per ton, with an increase of 8.1% against the previous year. Overall, import price indicated a prominent expansion from 2016 to 2022: its price increased at an average annual rate of +11.0% over the last six years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dissolving grade wood pulp import price increased by +78.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 33% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Finland.

From 2016 to 2022, the rate of growth in terms of prices for Finland amounted to +11.0% per year.

Source: IndexBox Platform