Estonia: Paper File Cover Market 2024

Paper File Cover Market Size in Estonia

The Estonian paper file cover market reduced sharply to $X in 2022, with a decrease of -15.4% against the previous year. In general, consumption saw a deep reduction. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Paper File Cover Production in Estonia

In value terms, paper file cover production fell significantly to $X in 2022 estimated in export price. Overall, production continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2013 with an increase of 125% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Paper File Cover Exports

Exports from Estonia

In 2022, the amount of paper binders, folders and file covers exported from Estonia shrank notably to X tons, dropping by -32.3% compared with 2021. Over the period under review, exports showed a precipitous curtailment. The pace of growth appeared the most rapid in 2013 with an increase of 66%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, paper file cover exports reduced remarkably to $X in 2022. Overall, exports continue to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2013 when exports increased by 94% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Sweden (X tons), Lithuania (X tons) and Latvia (X kg) were the main destinations of paper file cover exports from Estonia, together comprising 92% of total exports. Switzerland, Norway, Denmark, Russia and Finland lagged somewhat behind, together accounting for a further 7.4%.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of 0.0%), while shipments for the other leaders experienced a decline.

In value terms, Sweden ($X) remains the key foreign market for paper binders, folders and file covers exports from Estonia, comprising 76% of total exports. The second position in the ranking was held by Lithuania ($X), with a 14% share of total exports. It was followed by Latvia, with a 4.5% share.

From 2012 to 2022, the average annual growth rate of value to Sweden amounted to -9.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (-23.6% per year) and Latvia (-28.8% per year).

Export Prices by Country

In 2022, the average paper file cover export price amounted to $X per ton, with an increase of 2.8% against the previous year. Overall, the export price recorded a resilient expansion. The growth pace was the most rapid in 2018 when the average export price increased by 165%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Denmark ($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 the United States (+19.0%), while the prices for the other major destinations experienced more modest paces of growth.

Paper File Cover Imports

Imports into Estonia

For the fifth year in a row, Estonia recorded decline in overseas purchases of paper binders, folders and file covers, which decreased by -17.8% to X tons in 2022. Over the period under review, imports recorded a drastic downturn. The pace of growth was the most pronounced in 2015 when imports increased by 42% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, paper file cover imports contracted modestly to $X in 2022. Overall, imports saw a abrupt descent. The growth pace was the most rapid in 2015 when imports increased by 6.6%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), Poland (X tons) and Germany (X tons) were the main suppliers of paper file cover imports to Estonia, together accounting for 38% of total imports. Lithuania, Russia, Finland, France, Latvia, Denmark and Indonesia lagged somewhat behind, together comprising a further 37%.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of +18.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest paper file cover suppliers to Estonia were China ($X), Germany ($X) and Lithuania ($X), together accounting for 48% of total imports.

Lithuania, with a CAGR of +16.8%, 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 paper file cover import price amounted to $X per ton, increasing by 21% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The pace of growth was the most pronounced in 2019 an increase of 25%. The import price peaked in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform