Estonia: Concrete Tile Market 2024

Concrete Tile Market Size in Estonia

The Estonian concrete tile market fell to $X in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the total consumption indicated a remarkable increase 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, consumption increased by +2.1% against 2020 indices. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Concrete Tile Production in Estonia

In value terms, concrete tile production reduced to $X in 2022 estimated in export price. Over the period under review, the total production indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +6.7% 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 +0.9% against 2020 indices. The pace of growth was the most pronounced in 2018 when the production volume increased by 34% against the previous year. Concrete tile production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Concrete Tile Exports

Exports from Estonia

In 2022, approx. X tons of tiles, flagstones, bricks and similar articles, of cement, concrete or artificial stone were exported from Estonia; remaining stable against 2021. Overall, exports, however, showed resilient growth. The pace of growth was the most pronounced in 2016 when exports increased by 73% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, concrete tile exports reached $X in 2022. Over the period under review, exports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of 87% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Exports by Country

Latvia (X tons), Finland (X tons) and Denmark (X tons) were the main destinations of concrete tile exports from Estonia, with a combined 77% share of total exports. Poland, Sweden and Lithuania lagged somewhat behind, together comprising a further 22%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +193.6%), while the other leaders experienced more modest paces of growth.

In value terms, Finland ($X), Sweden ($X) and Latvia ($X) constituted the largest markets for concrete tile exported from Estonia worldwide, together comprising 77% of total exports. Denmark, Lithuania and Poland lagged somewhat behind, together comprising a further 12%.

Poland, with a CAGR of +158.0%, recorded the highest rates of growth with regard to the value of exports, among 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

The average concrete tile export price stood at $X per ton in 2022, with an increase of 14% against the previous year. Over the period under review, the export price showed buoyant growth. The pace of growth appeared the most rapid in 2014 when the average export price increased by 37% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Poland ($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 (+17.4%), while the prices for the other major destinations experienced more modest paces of growth.

Concrete Tile Imports

Imports into Estonia

In 2022, supplies from abroad of tiles, flagstones, bricks and similar articles, of cement, concrete or artificial stone increased by 10% to X tons, rising for the second year in a row after two years of decline. In general, total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.9% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 45%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, concrete tile imports amounted to $X in 2022. Overall, imports recorded a buoyant increase. The pace of growth was the most pronounced in 2016 when imports increased by 50% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Sweden (X tons), Latvia (X tons) and Spain (X tons) were the main suppliers of concrete tile imports to Estonia, with a combined 63% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +80.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest concrete tile suppliers to Estonia were Spain ($X), Latvia ($X) and Israel ($X), with a combined 43% share of total imports.

Among the main suppliers, Spain, with a CAGR of +76.5%, 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 concrete tile import price amounted to $X per ton, waning by -6.5% against the previous year. In general, the import price, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2016 an increase of 45% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Israel ($X per ton), while the price for Sweden ($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 (+21.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform