Estonia: Market for Plasticised Mixed Polyvinyl Chloride in Primary Forms 2024

Market Size for Plasticised Mixed Polyvinyl Chloride in Primary Forms in Estonia

In 2022, the Estonian market for plasticised mixed polyvinyl chloride in primary forms increased by 24% to $X, rising for the second year in a row after two years of decline. In general, consumption saw a buoyant increase. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the immediate term.

Production of Plasticised Mixed Polyvinyl Chloride in Primary Forms in Estonia

In value terms, production of plasticised mixed polyvinyl chloride in primary forms stood at $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. Production of peaked in 2022 and is expected to retain growth in the immediate term.

Exports of Plasticised Mixed Polyvinyl Chloride in Primary Forms

Exports from Estonia

In 2022, exports of plasticised mixed polyvinyl chloride in primary forms from Estonia contracted notably to X tons, declining by -96.7% on 2021. Over the period under review, exports continue to indicate a sharp descent. The pace of growth appeared the most rapid in 2020 with an increase of 66% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, exports of plasticised mixed polyvinyl chloride in primary forms contracted sharply to $X in 2022. In general, exports recorded a dramatic shrinkage. The pace of growth was the most pronounced in 2018 with an increase of 42% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Finland (X tons) was the main destination for exports of plasticised mixed polyvinyl chloride in primary forms from Estonia, accounting for a 85% share of total exports. Moreover, exports of plasticised mixed polyvinyl chloride in primary forms to Finland exceeded the volume sent to the second major destination, North Macedonia (X kg), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Finland amounted to -27.8%.

In value terms, Finland ($X) emerged as the key foreign market for plasticised mixed polyvinyl chloride in primary forms exports from Estonia, comprising 86% of total exports. The second position in the ranking was taken by North Macedonia ($X), with a 14% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Finland stood at -24.6%.

Export Prices by Country

The average export price for plasticised mixed polyvinyl chloride in primary forms stood at $X per ton in 2022, picking up by 146% against the previous year. Over the period under review, the export price showed a moderate expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($X per ton), while the average price for exports to North Macedonia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+5.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Plasticised Mixed Polyvinyl Chloride in Primary Forms

Imports into Estonia

In 2022, supplies from abroad of plasticised mixed polyvinyl chloride in primary forms increased by 8.7% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, imports recorded a buoyant increase. The pace of growth was the most pronounced in 2016 when imports increased by 56%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of plasticised mixed polyvinyl chloride in primary forms skyrocketed to $X in 2022. Overall, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by 83%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest supplier of plasticised mixed polyvinyl chloride in primary forms to Estonia, with a 86% share of total imports. Moreover, imports of plasticised mixed polyvinyl chloride in primary forms from the Netherlands exceeded the figures recorded by the second-largest supplier, Sweden (X tons), more than tenfold. Austria (X tons) ranked third in terms of total imports with a 4.4% share.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands amounted to +6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-4.2% per year) and Austria (+59.7% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of plasticised mixed polyvinyl chloride in primary forms to Estonia, comprising 78% of total imports. The second position in the ranking was taken by Italy ($X), with an 8% share of total imports. It was followed by Sweden, with a 7.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the Netherlands totaled +8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+90.6% per year) and Sweden (-2.0% per year).

Import Prices by Country

The average import price for plasticised mixed polyvinyl chloride in primary forms stood at $X per ton in 2022, with an increase of 13% against the previous year. Over the period under review, import price indicated a tangible increase 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, import price for plasticised mixed polyvinyl chloride in primary forms increased by +72.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 52%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform