Estonia: Printing Components Market 2025

Printing Components Market Size in Estonia

In 2022, the Estonian printing components market increased by 17% to $X for the first time since 2016, thus ending a five-year declining trend. Over the period under review, consumption showed a abrupt decrease. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Printing Components Production in Estonia

In value terms, printing components production reached $X in 2022 estimated in export price. In general, the total production indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +7.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -14.5% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of 48% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Printing Components Exports

Exports from Estonia

In 2022, shipments abroad of printing components increased by 36% to X tons, rising for the third consecutive year after six years of decline. Over the period under review, exports, however, faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of 338%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, printing components exports plummeted to $X in 2022. In general, exports, however, faced a abrupt downturn. The growth pace was the most rapid in 2013 with an increase of 895% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Russia (X tons) was the main destination for printing components exports from Estonia, accounting for a 74% share of total exports. Moreover, printing components exports to Russia exceeded the volume sent to the second major destination, Latvia (X tons), threefold.

From 2012 to 2022, the average annual growth rate of volume to Russia stood at -3.1%.

In value terms, Russia ($X) remains the key foreign market for printing components exports from Estonia, comprising 80% of total exports. The second position in the ranking was held by Latvia ($X), with a 6% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia amounted to -7.5%.

Export Prices by Country

The average printing components export price stood at $X per ton in 2022, with a decrease of -57.3% against the previous year. Over the period under review, the export price, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2017 an increase of 814%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

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 Russia ($X per ton), while the average price for exports to Latvia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+19.2%), while the prices for the other major destinations experienced a decline.

Printing Components Imports

Imports into Estonia

In 2022, overseas purchases of printing components decreased by -24.4% to X tons, falling for the ninth year in a row after two years of growth. In general, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2013 with an increase of 184% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, printing components imports surged to $X in 2022. Overall, imports recorded a abrupt curtailment. The growth pace was the most rapid in 2013 with an increase of 277% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Germany (X tons), China (X tons) and Poland (X tons) were the main suppliers of printing components imports to Estonia, with a combined 49% 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 China (with a CAGR of +33.0%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Taiwan (Chinese) ($X), Germany ($X) and Poland ($X) were the largest printing components suppliers to Estonia, together accounting for 57% of total imports.

In terms of the main suppliers, Taiwan (Chinese), with a CAGR of +46.7%, 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 printing components import price stood at $X per ton in 2022, picking up by 64% against the previous year. Overall, the import price showed a buoyant expansion. As a result, import price attained 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 Taiwan (Chinese) ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+60.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform