Estonia: Yarn Market 2020

Yarn Market Size in Estonia

The revenue of the yarn market in Estonia amounted to $X in 2018, jumping by X% against the previous year. Overall, yarn consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the market value increased by X% y-o-y. Over the period under review, the yarn market reached its peak figure level at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Yarn Production in Estonia

In value terms, yarn production stood at $X in 2018 estimated in export prices. Over the period under review, yarn production continues to indicate strong growth. The pace of growth appeared the most rapid in 2018 when production volume increased by X% y-o-y. In that year, yarn production attained its peak level and is likely to continue its growth in the immediate term.

Yarn Exports

Exports from Estonia

Yarn exports from Estonia totaled X tons in 2018, surging by X% against the previous year. Overall, yarn exports continue to indicate an outstanding expansion. The pace of growth appeared the most rapid in 2018 when exports increased by X% y-o-y. In that year, yarn exports attained their peak and are likely to continue its growth in the immediate term.

In value terms, yarn exports stood at $X in 2018. Over the period under review, yarn exports continue to indicate outstanding growth. The pace of growth was the most pronounced in 2018 when exports increased by X% year-to-year. In that year, yarn exports reached their peak and are likely to continue its growth in the immediate term.

Exports by Country

In 2018, China (X tons), distantly followed by India (X tons), Turkey (X tons), the Czech Republic (X tons) and Italy (X tons) were the largest exporters of yarn of man-made filaments, together committing X% of total exports. The following exporters - Taiwan, Chinese (X tons), the U.S. (X tons), Japan (X tons), South Korea (X tons), Saudi Arabia (X tons), Indonesia (X tons) and China, Hong Kong SAR (X tons) - together made up X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Estonia, while the other leaders experienced more modest paces of growth.

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

From 2007 to 2018, the average annual growth rate of value in China stood at +X%. In the other countries, the average annual rates were as follows: India (+X% per year) and Japan (+X% per year).

Export Prices by Country

In 2018, the yarn export price in Estonia amounted to $X per ton, going up by X% against the previous year. Over the period under review, the yarn export price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2014 an increase of X% year-to-year. Estonia export price peaked in 2018 and is expected to retain its growth in the immediate term.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Indonesia, while the other leaders experienced more modest paces of growth.

Yarn Imports

Imports into Estonia

In 2018, approx. X tons of yarn of man-made filaments were imported into Estonia; declining by -X% against the previous year. Over the period under review, yarn imports continue to indicate an abrupt curtailment. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. Estonia imports peaked at X tons in 2015; however, from 2016 to 2018, imports stood at a somewhat lower figure.

In value terms, yarn imports totaled $X in 2018. Over the period under review, yarn imports continue to indicate a drastic setback. The most prominent rate of growth was recorded in 2012 when imports increased by X% y-o-y. Estonia imports peaked at $X in 2015; however, from 2016 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, Turkey (X tons), Belgium (X tons), the UK (X tons), Vietnam (X tons), the Netherlands (X tons) and China (X tons) represented the largest importers of yarn of man-made filaments in the world, committing X% of total import. Germany (X tons), Egypt (X tons), the U.S. (X tons), India (X tons), China, Hong Kong SAR (X tons) and Thailand (X tons) occupied a little share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Turkey, while the other leaders experienced more modest paces of growth.

In value terms, the largest yarn importing markets into Estonia were China ($X), Turkey ($X) and India ($X), together accounting for X% of total imports. The U.S., Vietnam, Germany, the UK, Belgium, the Netherlands, China, Hong Kong SAR, Egypt, Thailand and Estonia lagged somewhat behind, together accounting for a further X recorded the highest rates of growth with regard to imports, in terms of the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The yarn import price in Estonia stood at $X per ton in 2018, jumping by X% against the previous year. In general, the yarn import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when the import price increased by X% year-to-year. Over the period under review, the import prices for yarn of man-made filaments reached their peak figure at $X per ton in 2013; however, from 2014 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was India ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by India, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform