Estonia: Market for Float Glass And Surface Ground or Polished Glass 2024

Market Size for Float Glass And Surface Ground or Polished Glass in Estonia

In 2022, the Estonian market for float glass and surface ground or polished glass increased by X% to $X, rising for the second consecutive year after three years of decline. Overall, the total consumption indicated a resilient expansion 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. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Float Glass And Surface Ground or Polished Glass in Estonia

In value terms, production of float glass and surface ground or polished glass surged to $X in 2022 estimated in export price. Over the period under review, production, however, saw a strong increase. The growth pace was the most rapid in 2020 with an increase of X%. As a result, production attained the peak level of $X. From 2021 to 2022, production of growth remained at a lower figure.

Exports of Float Glass And Surface Ground or Polished Glass

Exports from Estonia

After six years of growth, overseas shipments of float glass and surface ground or polished glass decreased by X% to X square meters in 2022. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports of hit record highs at X square meters in 2021, and then shrank dramatically in the following year.

In value terms, exports of float glass and surface ground or polished glass plummeted to $X in 2022. Overall, exports, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then dropped significantly in the following year.

Exports by Country

Latvia (X square meters), Finland (X square meters) and Lithuania (X square meters) were the main destinations of exports of float glass and surface ground or polished glass from Estonia, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Lithuania (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Latvia ($X), Finland ($X) and Lithuania ($X) appeared to be the largest markets for float glass and surface ground or polished glass exported from Estonia worldwide, with a combined X% share of total exports.

Among the main countries of destination, Lithuania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for float glass and surface ground or polished glass stood at $X per square meter in 2022, surging by X% against the previous year. Overall, the export price, however, saw a pronounced downturn. The pace of growth was the most pronounced in 2016 when the average export price increased by X%. As a result, the export price reached the peak level of $X per square meter. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($X per square meter), while the average price for exports to Ukraine ($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 Finland (X%), while the prices for the other major destinations experienced a decline.

Imports of Float Glass And Surface Ground or Polished Glass

Imports into Estonia

In 2022, approx. X square meters of float glass and surface ground or polished glass were imported into Estonia; with an increase of X% compared with the previous year. In general, total imports indicated a buoyant expansion 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. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of float glass and surface ground or polished glass surged to $X in 2022. Overall, total imports indicated a buoyant 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 most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

Russia (X square meters), Poland (X square meters) and Germany (X square meters) were the main suppliers of imports of float glass and surface ground or polished glass to Estonia, with a combined X% 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 Russia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest float glass and surface ground or polished glass suppliers to Estonia were Poland ($X), Russia ($X) and Germany ($X), with a combined X% share of total imports.

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

Import Prices by Country

In 2022, the average import price for float glass and surface ground or polished glass amounted to $X per square meter, declining by X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. As a result, import price reached the peak level of $X per square meter, and then dropped slightly in the following year.

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 Belgium ($X per square meter), while the price for Germany ($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 Poland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform