Estonia: Safety Glass Market 2020

Safety Glass Market Size in Estonia

The revenue of the safety glass market in Estonia amounted to $X in 2018, remaining relatively unchanged against the previous year. In general, safety glass consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Estonia safety glass consumption peaked at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Safety Glass Production in Estonia

In value terms, safety glass production amounted to $X in 2018 estimated in export prices. Over the period under review, safety glass production continues to indicate a slight expansion. The most prominent rate of growth was recorded in 2013 when production volume increased by X% y-o-y. In that year, safety glass production reached its peak level of $X. From 2014 to 2018, safety glass production growth remained at a lower figure.

Safety Glass Exports

Exports from Estonia

In 2018, approx. X tons of safety glass were exported from Estonia; approximately reflecting the previous year. In general, safety glass exports continue to indicate outstanding growth. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. Estonia exports peaked in 2018 and are likely to see steady growth in the immediate term.

In value terms, safety glass exports stood at $X in 2018. The total export value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008 when exports increased by X% year-to-year. Over the period under review, safety glass exports reached their maximum in 2018 and are likely to continue its growth in the near future.

Exports by Country

Romania (X tons) and Mexico (X tons) represented roughly X% of total exports of safety glass in 2018. It was followed by Egypt (X tons), Indonesia (X tons), Finland (X tons), Morocco (X tons) and Japan (X tons), together constituting a X% share of total exports. South Africa (X tons), Malaysia (X tons), Bulgaria (X tons), Peru (X tons) and China (X tons) occupied a little share of total exports.

From 2007 to 2018, average annual rates of growth with regard to safety glass exports from Mexico and Romania stood at +X% and +X%, respectively. At the same time, Indonesia (+X%), South Africa (+X%), Morocco (+X%), Malaysia (+X%), Bulgaria (+X%), Japan (+X%), Peru (+X%), Finland (+X%), China (+X%) and Egypt (+X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. From 2007 to 2018, the share of Romania, Mexico, Egypt, Indonesia, Finland, Morocco, Japan, South Africa, Malaysia, Bulgaria and Peru increased by +X%, +X%, +X%, +X%, +X%, +X%, +X%, +X%, +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest safety glass supplier from Estonia, comprising X% of global exports. The second position in the ranking was occupied by Mexico ($X), with a X% share of global exports. It was followed by Japan, with a X% share.

In China, safety glass exports increased at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Mexico (-X% per year) and Japan (-X% per year).

Export Prices by Country

In 2018, the safety glass export price in Estonia amounted to $X per kg, jumping by X% against the previous year. Overall, the safety glass export price, however, continues to indicate a dramatic deduction. The most prominent rate of growth was recorded in 2013 when the export price increased by X% year-to-year. In that year, the export prices for safety glass reached their peak level of $X per kg. From 2014 to 2018, the growth in terms of the export prices for safety glass remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was China ($X per kg), while Egypt ($X per kg) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Egypt, while the other leaders experienced a decline in the export price figures.

Safety Glass Imports

Imports into Estonia

In 2018, the imports of safety glass into Estonia totaled X tons, surging by X% against the previous year. In general, safety glass imports continue to indicate skyrocketing growth. The most prominent rate of growth was recorded in 2017 when imports increased by X% year-to-year. Over the period under review, safety glass imports attained their maximum in 2018 and are expected to retain its growth in the immediate term.

In value terms, safety glass imports totaled $X in 2018. Overall, safety glass imports continue to indicate a moderate setback. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, safety glass imports attained their peak figure at $X in 2008; however, from 2009 to 2018, imports failed to regain their momentum.

Imports by Country

Canada represented the key importer of safety glass in the world, with the volume of imports finishing at X tons, which was near X% of total imports in 2018. Belgium (X tons) held the second position in the ranking, distantly followed by Pakistan (X tons). All these countries together held near X% share of total imports. The following importers - Italy (X tons), Algeria (X tons), Portugal (X tons), Spain (X tons) and Slovakia (X tons) - together made up X% of total imports.

Canada was also the fastest-growing in terms of the safety glass imports, with a CAGR of +X% from 2007 to 2018. At the same time, Pakistan (+X%), Slovakia (+X%), Algeria (+X%), Portugal (+X%), Italy (+X%), Belgium (+X%) and Spain (+X%) displayed positive paces of growth. From 2007 to 2018, the share of Canada, Belgium, Pakistan, Italy, Algeria, Portugal and Slovakia increased by +X%, +X%, +X%, +X%, +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest safety glass importing markets into Estonia were Belgium ($X), Canada ($X) and Slovakia ($X), with a combined X% share of total imports.

In terms of the main importing countries, Slovakia recorded the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the safety glass import price in Estonia amounted to $X per kg, lowering by -X% against the previous year. In general, the safety glass import price continues to indicate a sharp shrinkage. The pace of growth was the most pronounced in 2018 when the import price decreased by -X% against the previous year. Over the period under review, the import prices for safety glass reached their peak figure at $X per kg in 2007; however, from 2008 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Slovakia ($X per kg), while Pakistan ($X per kg) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Spain, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform