Estonia: Soap In Bars Market 2024

Soap In Bars Market Size in Estonia

The Estonian soap in bars market dropped dramatically to $X in 2022, shrinking by X% against the previous year. In general, consumption faced a sharp slump. The pace of growth appeared the most rapid in 2013 with a decrease of X% against the previous year. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Soap In Bars Production in Estonia

In value terms, soap in bars production contracted dramatically to $X in 2022 estimated in export price. In general, production showed a drastic downturn. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. As a result, production attained the peak level of $X, and then contracted dramatically in the following year.

Soap In Bars Exports

Exports from Estonia

In 2022, approx. X tons of soap and organic surface-active products in bars were exported from Estonia; reducing by X% on the year before. In general, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, soap in bars exports fell dramatically to $X in 2022. Overall, exports saw a slight decline. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Latvia (X tons) was the main destination for soap in bars exports from Estonia, with a X% share of total exports. Moreover, soap in bars exports to Latvia exceeded the volume sent to the second major destination, Lithuania (X tons), twofold. Russia (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Latvia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (X% per year) and Russia (X% per year).

In value terms, Finland ($X), Latvia ($X) and Lithuania ($X) constituted the largest markets for soap in bars exported from Estonia worldwide, together accounting for X% of total exports. Sweden, Russia, Bulgaria and Germany lagged somewhat behind, together comprising a further X%.

Sweden, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average soap in bars export price amounted to $X per ton, falling by X% against the previous year. In general, the export price, however, saw strong growth. The growth pace was the most rapid in 2017 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2021, and then dropped remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($X per ton), while the average price for exports to Latvia ($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 Sweden (X%), while the prices for the other major destinations experienced more modest paces of growth.

Soap In Bars Imports

Imports into Estonia

In 2022, approx. X tons of soap and organic surface-active products in bars were imported into Estonia; picking up by X% compared with 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, soap in bars imports dropped to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Poland (X tons), Latvia (X tons) and Finland (X tons) were the main suppliers of soap in bars imports to Estonia, with a combined X% 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 Finland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest soap in bars suppliers to Estonia were Poland ($X), Latvia ($X) and the Czech Republic ($X), together comprising X% of total imports. Finland, Germany, Lithuania, Turkey, Russia, China, Spain and the UK lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Finland, with a CAGR of X%, recorded the highest rates of growth with regard to 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

In 2022, the average soap in bars import price amounted to $X per ton, shrinking by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X%. The import price peaked at $X per ton in 2021, and then declined notably in the following year.

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

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

Source: IndexBox Platform