Estonia: Market for Plastic Shutters And Blinds 2024

Market Size for Plastic Shutters And Blinds in Estonia

The Estonian plastic shutters and blinds market declined to $X in 2022, reducing by -11.7% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. Plastic shutters and blinds consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Production of Plastic Shutters And Blinds in Estonia

In value terms, plastic shutters and blinds production skyrocketed to $X in 2022 estimated in export price. In general, production recorded a abrupt decline. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Plastic Shutters And Blinds

Exports from Estonia

In 2022, the amount of plastic shutters and blinds exported from Estonia soared to X units, picking up by 80% against the previous year's figure. Over the period under review, exports, however, saw a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of 451%. Over the period under review, the exports attained the peak figure at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, plastic shutters and blinds exports expanded sharply to $X in 2022. In general, exports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 457%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Finland (X units), Russia (X units) and Norway (X units) were the main destinations of plastic shutters and blinds exports from Estonia, together comprising 95% of total exports.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of -4.7%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for plastic shutters and blinds exported from Estonia were Finland ($X), Russia ($X) and Norway ($X), together comprising 86% of total exports.

Russia, with a CAGR of -4.9%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average plastic shutters and blinds export price stood at $X per unit in 2022, with a decrease of -38.1% against the previous year. Overall, the export price showed a abrupt slump. The most prominent rate of growth was recorded in 2020 an increase of 54% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per unit), while the average price for exports to Russia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+1.3%), while the prices for the other major destinations experienced a decline.

Imports of Plastic Shutters And Blinds

Imports into Estonia

In 2022, approx. X units of plastic shutters and blinds were imported into Estonia; falling by -11.8% on the year before. Overall, imports continue to indicate a mild slump. The pace of growth appeared the most rapid in 2015 with an increase of 93% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, plastic shutters and blinds imports shrank modestly to $X in 2022. In general, imports, however, posted a pronounced expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 67% against the previous year. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

Poland (X units), the Netherlands (X units) and Finland (X units) were the main suppliers of plastic shutters and blinds imports to Estonia, with a combined 58% share of total imports. Sweden, Lithuania, Spain and Germany lagged somewhat behind, together accounting for a further 29%.

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 +66.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) constituted the largest supplier of plastic shutters and blinds to Estonia, comprising 37% of total imports. The second position in the ranking was taken by Lithuania ($X), with a 12% share of total imports. It was followed by Germany, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Poland totaled +25.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (+58.7% per year) and Germany (+0.6% per year).

Import Prices by Country

In 2022, the average plastic shutters and blinds import price amounted to $X per unit, picking up by 11% against the previous year. Over the period under review, the import price recorded a moderate expansion. The pace of growth appeared the most rapid in 2014 an increase of 48%. The import price peaked in 2022 and is likely to continue growth in the near future.

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 ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform