Estonia: Market for Paper And Paperboard, Excluding Newsprint 2024

Market Size for Paper And Paperboard, Excluding Newsprint in Estonia

The Estonian market for paper and paperboard, excluding newsprint surged to $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Paper And Paperboard, Excluding Newsprint in Estonia

In value terms, paper and paperboard, excluding newsprint production dropped to $X in 2022 estimated in export price. Overall, production showed a mild decline. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Exports of Paper And Paperboard, Excluding Newsprint

Exports from Estonia

In 2022, overseas shipments of paper and paperboard, excluding newsprint decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, paper and paperboard, excluding newsprint exports amounted to $X in 2022. Overall, exports showed a slight setback. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Italy (X tons), Germany (X tons) and Egypt (X tons) were the main destinations of paper and paperboard, excluding newsprint exports from Estonia, with a combined X% share of total exports. Israel, Poland, Denmark, Romania, Latvia, the UK, Uzbekistan, Sweden, Turkey and Russia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Germany ($X) and Egypt ($X) were the largest markets for paper and paperboard, excluding newsprint exported from Estonia worldwide, together accounting for X% of total exports. Israel, Romania, Russia, Poland, the UK, Sweden, Latvia, Uzbekistan, Denmark and Turkey lagged somewhat behind, together comprising a further X%.

The UK, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The average export price for paper and paperboard, excluding newsprint stood at $X per ton in 2022, picking up by X% against the previous year. Overall, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, paper and paperboard, excluding newsprint export price increased by X% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Denmark ($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 (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Paper And Paperboard, Excluding Newsprint

Imports into Estonia

In 2022, approx. X tons of paper and paperboard, excluding newsprint were imported into Estonia; with a decrease of X% compared with the year before. Over the period under review, imports showed a mild contraction. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, paper and paperboard, excluding newsprint imports expanded notably to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Sweden (X tons), Finland (X tons) and Lithuania (X tons) were the main suppliers of paper and paperboard, excluding newsprint imports to Estonia, with a combined X% share of total imports. Austria, Latvia, Poland, Germany, Belgium and Russia lagged somewhat behind, together comprising a further X%.

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

In value terms, Sweden ($X), Finland ($X) and Latvia ($X) were the largest paper and paperboard, excluding newsprint suppliers to Estonia, with a combined X% share of total imports. Lithuania, Poland, Germany, Austria, Belgium and Russia lagged somewhat behind, together comprising a further X%.

Lithuania, with a CAGR of X%, saw the highest growth rate of 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

The average import price for paper and paperboard, excluding newsprint stood at $X per ton in 2022, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Germany ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform