Report Update Nov 1, 2024

Estonia - High-Tenacity Filament Yarn of Aramids - Market Analysis, Forecast, Size, Trends and Insights

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Estonia: Market for High-Tenacity Filament Yarn Of Aramids 2024

Market Size for High-Tenacity Filament Yarn Of Aramids in Estonia

The Estonian high-tenacity filament aramids yarn market shrank modestly to $X in 2022, waning by -3.7% against the previous year. Over the period under review, consumption, however, showed a buoyant increase. As a result, consumption attained the peak level of $X, and then fell slightly in the following year.

Production of High-Tenacity Filament Yarn Of Aramids in Estonia

In value terms, high-tenacity filament aramids yarn production declined dramatically to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 225% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of High-Tenacity Filament Yarn Of Aramids

Exports from Estonia

In 2022, overseas shipments of high-tenacity filament yarn of aramids decreased by -84.3% to X kg, falling for the fifth year in a row after two years of growth. Over the period under review, exports continue to indicate a precipitous descent. The pace of growth was the most pronounced in 2014 when exports increased by 34,633% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, high-tenacity filament aramids yarn exports reduced notably to $X in 2022. In general, exports faced a significant decrease. The most prominent rate of growth was recorded in 2014 when exports increased by 1,028% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Latvia (X kg) was the main destination for high-tenacity filament aramids yarn exports from Estonia, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Latvia amounted to +7.0%.

In value terms, Latvia ($X) also remains the key foreign market for high-tenacity filament yarn of aramids exports from Estonia.

From 2012 to 2022, the average annual rate of growth in terms of value to Latvia totaled +6.5%.

Export Prices by Country

In 2022, the average high-tenacity filament aramids yarn export price amounted to $X per ton, jumping by 82% against the previous year. Overall, the export price saw a significant expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 4,147%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Latvia.

From 2012 to 2022, the rate of growth in terms of prices for Finland amounted to +48.0% per year.

Imports of High-Tenacity Filament Yarn Of Aramids

Imports into Estonia

In 2022, after four years of growth, there was decline in supplies from abroad of high-tenacity filament yarn of aramids, when their volume decreased by -2.7% to X tons. Over the period under review, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 449%. Imports peaked at X tons in 2021, and then dropped slightly in the following year.

In value terms, high-tenacity filament aramids yarn imports soared to $X in 2022. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 726% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest supplier of high-tenacity filament aramids yarn to Estonia, accounting for a 82% share of total imports. Moreover, high-tenacity filament aramids yarn imports from the Netherlands exceeded the figures recorded by the second-largest supplier, South Korea (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands totaled +26.5%.

In value terms, the Netherlands ($X) constituted the largest supplier of high-tenacity filament yarn of aramids to Estonia, comprising 79% of total imports. The second position in the ranking was held by South Korea ($X), with a 21% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the Netherlands amounted to +23.8%.

Import Prices by Country

The average high-tenacity filament aramids yarn import price stood at $X per ton in 2022, picking up by 21% against the previous year. Over the period under review, the import price, however, saw a pronounced downturn. The pace of growth was the most pronounced in 2013 an increase of 123%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for the Netherlands totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+3.9%).

Source: IndexBox Platform

This report provides an in-depth analysis of the market for high-tenacity filament aramids yarn in Estonia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20601220 - High-tenacity filament yarn of aramids (excluding sewing thread and yarn put up for retail sale)

Country coverage:

Estonia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Estonia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023