Estonia: Sack Kraft Paper Market 2024

Sack Kraft Paper Market Size in Estonia

In 2022, the Estonian sack kraft paper market decreased by X% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption saw a abrupt decrease. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Sack Kraft Paper Production in Estonia

In value terms, sack kraft paper production soared to $X in 2022 estimated in export price. In general, the total production indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when the production volume increased by X%. Over the period under review, production attained the maximum level in 2022 and is expected to retain growth in years to come.

Sack Kraft Paper Exports

Exports from Estonia

In 2022, shipments abroad of sack kraft paper decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports showed a perceptible shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, sack kraft paper exports expanded to $X in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X tons), Germany (X tons) and Egypt (X tons) were the main destinations of sack kraft paper exports from Estonia, together comprising X% of total exports. Denmark, Romania, the UK, Sweden, Morocco, Poland, the Netherlands, Saudi Arabia, Turkey and Spain lagged somewhat behind, together accounting for a further X%.

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

In value terms, Italy ($X), Germany ($X) and Egypt ($X) appeared to be the largest markets for sack kraft paper exported from Estonia worldwide, together accounting for X% of total exports. Romania, the UK, Sweden, Poland, Morocco, Denmark, the Netherlands, Saudi Arabia, Turkey and Spain lagged somewhat behind, together comprising a further X%.

Sweden, with a CAGR of X%, recorded the highest growth rate of 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

The average sack kraft paper export price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sack kraft paper export price increased by X% against 2020 indices. 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Denmark ($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.

Sack Kraft Paper Imports

Imports into Estonia

In 2022, the amount of sack kraft paper imported into Estonia skyrocketed to X tons, jumping by X% against the year before. Over the period under review, imports recorded a relatively flat trend pattern. Over the period under review, imports reached the maximum at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, sack kraft paper imports soared to $X in 2022. Overall, imports enjoyed buoyant growth. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

The Netherlands (X tons), Russia (X tons) and Lithuania (X tons) were the main suppliers of sack kraft paper imports to Estonia, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of X.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constituted the largest supplier of sack kraft paper to Estonia, comprising X% of total imports. The second position in the ranking was held by Russia ($X), with a X% share of total imports. It was followed by Lithuania, with an X% share.

From 2012 to 2022, the average annual growth rate of value from the Netherlands totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and Lithuania (X% per year).

Import Prices by Country

In 2022, the average sack kraft paper import price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.

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

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

Source: IndexBox Platform

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