Estonia: Recovered Paper Market 2025

Recovered Paper Market Size in Estonia

The Estonian recovered paper market contracted slightly to $X in 2022, stabilizing at the previous year. In general, consumption, however, posted mild growth. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Recovered Paper Production in Estonia

In value terms, recovered paper production reached $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 20%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Recovered Paper Exports

Exports from Estonia

Recovered paper exports from Estonia dropped notably to X tons in 2022, declining by -23.6% compared with the previous year's figure. The total export volume increased at an average annual rate of +1.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 43%. As a result, the exports attained the peak of X tons, and then shrank rapidly in the following year.

In value terms, recovered paper exports shrank to $X in 2022. Over the period under review, total exports indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 63%. As a result, the exports reached the peak of $X, and then fell in the following year.

Exports by Country

Finland (X tons) was the main destination for recovered paper exports from Estonia, with a 41% share of total exports. Moreover, recovered paper exports to Finland exceeded the volume sent to the second major destination, Lithuania (X tons), threefold. Poland (X tons) ranked third in terms of total exports with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Finland totaled +16.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (-11.5% per year) and Poland (+14.3% per year).

In value terms, Finland ($X) remains the key foreign market for recovered paper exports from Estonia, comprising 44% of total exports. The second position in the ranking was taken by Lithuania ($X), with a 14% share of total exports. It was followed by Germany, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Finland amounted to +19.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (-8.9% per year) and Germany (+12.3% per year).

Export Prices by Country

In 2022, the average recovered paper export price amounted to $X per ton, jumping by 20% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Latvia ($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 Russia (+24.7%), while the prices for the other major destinations experienced more modest paces of growth.

Recovered Paper Imports

Imports into Estonia

After two years of growth, purchases abroad of recovered paper decreased by -81.7% to X tons in 2022. Over the period under review, imports, however, recorded a resilient increase. The pace of growth appeared the most rapid in 2018 when imports increased by 855%. Imports peaked at X tons in 2021, and then fell dramatically in the following year.

In value terms, recovered paper imports contracted remarkably to $X in 2022. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 944%. As a result, imports reached the peak of $X, and then contracted notably in the following year.

Imports by Country

In 2022, Latvia (X tons) was the main recovered paper supplier to Estonia, accounting for a 98% share of total imports. It was followed by Finland (X tons), with a 0.7% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Latvia stood at +24.4%.

In value terms, Latvia ($X) constituted the largest supplier of recovered paper to Estonia, comprising 93% of total imports. The second position in the ranking was taken by Finland ($X), with a 4.5% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Latvia totaled +28.4%.

Import Prices by Country

In 2022, the average recovered paper import price amounted to $X per ton, which is down by -19.8% against the previous year. In general, the import price showed a abrupt shrinkage. The growth pace was the most rapid in 2021 when the average import price increased by 59% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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 Finland ($X per ton), while the price for Latvia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+10.2%).

Source: IndexBox Platform