Estonia: Plastic Furniture Market 2020

Plastic Furniture Market Size in Estonia

The revenue of the plastic furniture market in Estonia amounted to $X in 2018, dropping by -X% against the previous year. Overall, plastic furniture consumption continues to indicate a deep contraction. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. In that year, the plastic furniture market reached its peak level of $X. From 2013 to 2018, the growth of the plastic furniture market remained at a somewhat lower figure.

Plastic Furniture Production in Estonia

In value terms, plastic furniture production totaled $X in 2018 estimated in export prices. Over the period under review, plastic furniture production, however, continues to indicate a significant setback. The most prominent rate of growth was recorded in 2013 with a decrease of -X% y-o-y. Estonia plastic furniture production peaked at $X in 2007; however, from 2008 to 2018, production failed to regain its momentum.

Plastic Furniture Exports

Exports from Estonia

In 2018, the amount of furniture of plastic exported from Estonia stood at X tons, coming down by -X% against the previous year. Over the period under review, plastic furniture exports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2008 when exports increased by X% y-o-y. Estonia exports peaked at X tons in 2015; however, from 2016 to 2018, exports failed to regain their momentum.

In value terms, plastic furniture exports stood at $X in 2018. In general, the total exports indicated remarkable growth 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, plastic furniture exports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Estonia exports peaked at $X in 2012; however, from 2013 to 2018, exports stood at a somewhat lower figure.

Exports by Country

In 2018, China (X tons) was the largest exporter of furniture of plastic, constituting X% of total exports. It was distantly followed by Italy (X tons) and Israel (X tons), together committing a X% share of total exports. The following exporters - Canada (X tons), Turkey (X tons), Poland (X tons), the Netherlands (X tons), Spain (X tons) and the U.S. (X tons) - together made up X% of total exports.

China was also the fastest-growing in terms of the furniture of plastic exports, with a CAGR of +X% from 2007 to 2018. At the same time, Poland (+X%), Turkey (+X%), Spain (+X%), Israel (+X%) and Canada (+X%) displayed positive paces of growth. The Netherlands experienced a relatively flat trend pattern. By contrast, Italy (-X%) and the U.S. (-X%) illustrated a downward trend over the same period. China (+X p.p.), Israel (+X p.p.) and Poland (+X p.p.) significantly strengthened its position in terms of the global exports, while Italy and the U.S. saw its share reduced by -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest plastic furniture supplier from Estonia, comprising X% of global exports. The second position in the ranking was occupied by Italy ($X), with a X% share of global exports. It was followed by Israel, with a X% share.

From 2007 to 2018, the average annual growth rate of value in China amounted to +X%. In the other countries, the average annual rates were as follows: Italy (-X% per year) and Israel (+X% per year).

Export Prices by Country

The plastic furniture export price in Estonia stood at $X per ton in 2018, reducing by -X% against the previous year. Over the period under review, the export price indicated a moderate expansion from 2007 to 2018: its price 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. The growth pace was the most rapid in 2016 an increase of X% against the previous year. Over the period under review, the export prices for furniture of plastic reached their maximum at $X per ton in 2012; however, from 2013 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the U.S. ($X per ton), while Turkey ($X per ton) was amongst the lowest.

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

Plastic Furniture Imports

Imports into Estonia

Plastic furniture imports into Estonia amounted to X tons in 2018, declining by -X% against the previous year. In general, plastic furniture imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2012 when imports increased by X% against the previous year. In that year, plastic furniture imports attained their peak of X tons. From 2013 to 2018, the growth of plastic furniture imports remained at a lower figure.

In value terms, plastic furniture imports totaled $X in 2018. Overall, plastic furniture imports continue to indicate a pronounced deduction. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Over the period under review, plastic furniture imports attained their peak figure at $X in 2015; however, from 2016 to 2018, imports stood at a somewhat lower figure.

Imports by Country

The U.S. represented the main importing country with an import of around X tons, which resulted at X% of total imports. France (X tons) held the second position in the ranking, followed by the UK (X tons). All these countries together held approx. X% share of total imports. Canada (X tons), Germany (X tons), Spain (X tons), Saudi Arabia (X tons), Australia (X tons), the Philippines (X tons) and the Netherlands (X tons) took a little share of total imports.

From 2007 to 2018, average annual rates of growth with regard to plastic furniture imports into the U.S. stood at +X%. At the same time, the Philippines (+X%), Saudi Arabia (+X%), Australia (+X%), Canada (+X%), the Netherlands (+X%), the UK (+X%), France (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. By contrast, Spain (-X%) illustrated a downward trend over the same period. The U.S. (+X p.p.), Canada (+X p.p.), France (+X p.p.), the Philippines (+X p.p.) and Saudi Arabia (+X p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported furniture of plastic into Estonia, comprising X% of global imports. The second position in the ranking was occupied by France ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

In the U.S., plastic furniture imports increased at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: France (+X% per year) and Germany (+X% per year).

Import Prices by Country

The plastic furniture import price in Estonia stood at $X per ton in 2018, shrinking by -X% against the previous year. Over the period under review, the plastic furniture import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the import price increased by X% year-to-year. Estonia import price peaked at $X per ton in 2009; however, from 2010 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Germany ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform