Estonia: Packaging Materials Market 2025

Packaging Materials Market Size in Estonia

The Estonian packaging materials market skyrocketed to $X in 2022, surging by 43% against the previous year. Over the period under review, consumption saw strong growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Packaging Materials Production in Estonia

In value terms, packaging materials production shrank modestly to $X in 2022 estimated in export price. Overall, production continues to indicate a perceptible decrease. The pace of growth appeared the most rapid in 2018 with an increase of 20% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Packaging Materials Exports

Exports from Estonia

After two years of growth, shipments abroad of packaging materials decreased by -27% to X tons in 2022. In general, exports saw a pronounced curtailment. The pace of growth was the most pronounced in 2021 with an increase of 18% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, packaging materials exports expanded significantly to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 52% against the previous year. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Italy (X tons), Germany (X tons) and Egypt (X tons) were the main destinations of packaging materials exports from Estonia, together comprising 33% of total exports. Israel, Poland, Denmark, Ukraine, Romania, the UK, Sweden, Latvia, Turkey and Morocco lagged somewhat behind, together accounting for a further 38%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +35.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and Egypt ($X) appeared to be the largest markets for packaging materials exported from Estonia worldwide, with a combined 37% share of total exports. Israel, Romania, Ukraine, Poland, the UK, Sweden, Morocco, Latvia, Denmark and Turkey lagged somewhat behind, together accounting for a further 35%.

In terms of the main countries of destination, the UK, with a CAGR of +44.3%, saw 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

In 2022, the average packaging materials export price amounted to $X per ton, picking up by 45% against the previous year. In general, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, packaging materials export price increased by +86.7% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Denmark ($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 Israel (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Packaging Materials Imports

Imports into Estonia

After two years of growth, supplies from abroad of packaging materials decreased by -15.2% to X tons in 2022. The total import volume increased at an average annual rate of +3.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by 23%. Over the period under review, imports attained the peak figure at X tons in 2021, and then declined significantly in the following year.

In value terms, packaging materials imports rose significantly to $X in 2022. Over the period under review, total imports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +4.3% 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 +38.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 31%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the near future.

Imports by Country

Sweden (X tons), Lithuania (X tons) and Finland (X tons) were the main suppliers of packaging materials imports to Estonia, with a combined 63% 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 Lithuania (with a CAGR of +31.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Finland ($X) and Lithuania ($X) appeared to be the largest packaging materials suppliers to Estonia, together accounting for 58% of total imports.

Among the main suppliers, Lithuania, with a CAGR of +38.9%, recorded the highest growth rate of 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

The average packaging materials import price stood at $X per ton in 2022, picking up by 24% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform