Estonia: Copper Foil Market 2025

Copper Foil Market Size in Estonia

The Estonian copper foil market contracted to $X in 2022, declining by -14.6% against the previous year. Overall, consumption showed a deep reduction. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Copper Foil Production in Estonia

In value terms, copper foil production reduced markedly to $X in 2022 estimated in export price. Over the period under review, production recorded a deep reduction. The growth pace was the most rapid in 2018 with an increase of 55%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Copper Foil Exports

Exports from Estonia

After four years of growth, overseas shipments of copper foil decreased by -54.9% to X kg in 2022. Overall, exports showed a abrupt setback. The pace of growth was the most pronounced in 2016 with an increase of 1,417% against the previous year. The exports peaked at X kg in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, copper foil exports shrank significantly to $X in 2022. In general, exports saw a noticeable decrease. The growth pace was the most rapid in 2016 with an increase of 1,465%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Latvia (X kg), North Macedonia (X kg) and the Czech Republic (X kg) were the main destinations of copper foil exports from Estonia, together accounting for 79% 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 North Macedonia (with a CAGR of +51.6%), while the other leaders experienced more modest paces of growth.

In value terms, Latvia ($X) emerged as the key foreign market for copper foil exports from Estonia, comprising 43% of total exports. The second position in the ranking was held by North Macedonia ($X), with a 20% share of total exports. It was followed by the Czech Republic, with a 9.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Latvia totaled +44.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: North Macedonia (+32.9% per year) and the Czech Republic (0.0% per year).

Export Prices by Country

The average copper foil export price stood at $X per ton in 2022, rising by 6.8% against the previous year. Over the period under review, the export price showed prominent growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 237% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Poland ($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 Germany (+23.9%), while the prices for the other major destinations experienced mixed trend patterns.

Copper Foil Imports

Imports into Estonia

After two years of growth, overseas purchases of copper foil decreased by -8.5% to X tons in 2022. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 63%. Imports peaked at X tons in 2021, and then reduced in the following year.

In value terms, copper foil imports fell dramatically to $X in 2022. Overall, imports, however, saw moderate growth. The most prominent rate of growth was recorded in 2020 when imports increased by 69% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then declined markedly in the following year.

Imports by Country

Italy (X tons), Austria (X tons) and Germany (X tons) were the main suppliers of copper foil imports to Estonia, with a combined 93% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +68.9%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest copper foil suppliers to Estonia were Austria ($X), Italy ($X) and Germany ($X), together accounting for 73% of total imports.

Italy, with a CAGR of +39.7%, 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 copper foil import price stood at $X per ton in 2022, falling by -10.9% against the previous year. Over the period under review, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper foil import price increased by +6.4% against 2018 indices. The growth pace was the most rapid in 2021 when the average import price increased by 24% against the previous year. As a result, import price attained the peak level of $X per ton, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+20.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform