Estonia: Market for Organic Surface-Active Products For Washing The Skin 2024

Market Size for Organic Surface-Active Products For Washing The Skin in Estonia

After five years of decline, the Estonian skin organic surface-active products market increased by 7% to $X in 2022. Overall, consumption posted temperate growth. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Organic Surface-Active Products For Washing The Skin in Estonia

In value terms, skin organic surface-active products production fell rapidly to $X in 2022 estimated in export price. In general, production posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 1,645% against the previous year. As a result, production reached the peak level of $X, and then declined significantly in the following year.

Exports of Organic Surface-Active Products For Washing The Skin

Exports from Estonia

After three years of growth, shipments abroad of organic surface-active products for washing the skin decreased by -26.9% to X tons in 2022. Over the period under review, exports, however, showed a resilient expansion. The pace of growth was the most pronounced in 2013 when exports increased by 141% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021, and then dropped remarkably in the following year.

In value terms, skin organic surface-active products exports reduced dramatically to $X in 2022. In general, exports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of 119% against the previous year. The exports peaked at $X in 2021, and then dropped dramatically in the following year.

Exports by Country

Russia (X tons) was the main destination for skin organic surface-active products exports from Estonia, with a 27% share of total exports. Moreover, skin organic surface-active products exports to Russia exceeded the volume sent to the second major destination, Latvia (X tons), twofold. Hungary (X tons) ranked third in terms of total exports with a 7.9% share.

From 2012 to 2022, the average annual growth rate of volume to Russia totaled +3.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (+24.6% per year) and Hungary (+62.0% per year).

In value terms, Russia ($X), Latvia ($X) and Finland ($X) were the largest markets for skin organic surface-active products exported from Estonia worldwide, with a combined 50% share of total exports. Lithuania, Poland, Hungary, Spain, Saudi Arabia, the Czech Republic, the Netherlands, Italy, Denmark and Slovenia lagged somewhat behind, together accounting for a further 38%.

Spain, with a CAGR of +315.3%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average skin organic surface-active products export price amounted to $X per ton, dropping by -4.2% against the previous year. In general, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, skin organic surface-active products export price decreased by -4.4% against 2020 indices. The pace of growth was the most pronounced in 2017 when the average export price increased by 27%. As a result, the export price attained the peak level of $X per ton. From 2018 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 Finland ($X per ton), while the average price for exports to Spain ($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 Slovenia (+15.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Organic Surface-Active Products For Washing The Skin

Imports into Estonia

In 2022, imports of organic surface-active products for washing the skin into Estonia expanded slightly to X tons, with an increase of 2.8% against the previous year. The total import volume increased at an average annual rate of +5.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 when imports increased by 40%. Imports peaked at X tons in 2020; afterwards, it flattened through to 2022.

In value terms, skin organic surface-active products imports reduced slightly to $X in 2022. The total import value increased at an average annual rate of +4.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 47% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then reduced in the following year.

Imports by Country

Germany (X tons), Poland (X tons) and Italy (X tons) were the main suppliers of skin organic surface-active products imports to Estonia, with a combined 50% share of total imports. Finland, Turkey, the UK, Spain, the Czech Republic, France, Israel, the Netherlands, Greece and Ukraine lagged somewhat behind, together accounting for a further 32%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Israel (with a CAGR of +57.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Poland ($X) were the largest skin organic surface-active products suppliers to Estonia, with a combined 40% share of total imports. Israel, the UK, France, Turkey, Spain, Finland, the Netherlands, the Czech Republic, Greece and Ukraine lagged somewhat behind, together accounting for a further 37%.

Israel, with a CAGR of +55.1%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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 skin organic surface-active products import price amounted to $X per ton, with a decrease of -3.3% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 10% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

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 Israel ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform