Estonia: Manifold Business Form Market 2024

Manifold Business Form Market Size in Estonia

In 2022, the Estonian manifold business form market was finally on the rise to reach $X after three years of decline. Over the period under review, consumption, however, continues to indicate a abrupt setback. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Manifold Business Form Production in Estonia

In value terms, manifold business form production skyrocketed to $X in 2022 estimated in export price. Overall, production, however, saw a abrupt decline. Manifold business form production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Manifold Business Form Exports

Exports from Estonia

In 2022, approx. X kg of manifold business forms and interleaved carbon sets were exported from Estonia; falling by -53.1% on 2021 figures. Overall, exports saw a precipitous contraction. The most prominent rate of growth was recorded in 2014 with an increase of 100% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, manifold business form exports declined dramatically to $X in 2022. In general, exports showed a dramatic descent. The growth pace was the most rapid in 2014 when exports increased by 105% against the previous year. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Norway (X kg), Finland (X kg) and Denmark (X kg) were the main destinations of manifold business form exports from Estonia, together comprising 98% of total exports.

From 2012 to 2022, the biggest increases were recorded for Finland (with a CAGR of +23.1%), while shipments for the other leaders experienced a decline.

In value terms, Norway ($X) remains the key foreign market for manifold business forms and interleaved carbon sets exports from Estonia, comprising 68% of total exports. The second position in the ranking was held by Finland ($X), with a 15% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Norway stood at -9.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+18.3% per year) and Denmark (+6.2% per year).

Export Prices by Country

In 2022, the average manifold business form export price amounted to $X per ton, with an increase of 42% against the previous year. Overall, the export price enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 476% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Finland ($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 Denmark (+37.5%), while the prices for the other major destinations experienced mixed trend patterns.

Manifold Business Form Imports

Imports into Estonia

In 2022, the amount of manifold business forms and interleaved carbon sets imported into Estonia skyrocketed to X tons, rising by 24% on the year before. Over the period under review, imports, however, continue to indicate a dramatic descent. The most prominent rate of growth was recorded in 2019 with an increase of 480%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, manifold business form imports reduced notably to $X in 2022. In general, imports, however, recorded a dramatic slump. The pace of growth was the most pronounced in 2014 when imports increased by 1,017%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Latvia (X tons) was the main manifold business form supplier to Estonia, with a 96% share of total imports. It was followed by the United States (X kg), with a 2.2% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Latvia stood at +4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-0.6% per year) and China (+56.5% per year).

In value terms, Latvia ($X) constituted the largest supplier of manifold business forms and interleaved carbon sets to Estonia, comprising 75% of total imports. The second position in the ranking was taken by the United States ($X), with a 12% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Latvia totaled -1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-7.8% per year) and China (+91.2% per year).

Import Prices by Country

The average manifold business form import price stood at $X per ton in 2022, shrinking by -64% against the previous year. Over the period under review, the import price showed a significant contraction. The pace of growth was the most pronounced in 2014 an increase of 330%. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Latvia ($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 (+22.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform