Report Update: May 1, 2024

Estonia - Plastic Fittings For Furniture - Market Analysis, Forecast, Size, Trends And Insights

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Plastic Furniture Fittings Price in Estonia - 2023

Plastic Furniture Fittings Price in Estonia (FOB) - 2023

The average plastic furniture fittings export price stood at $9,100 per ton in September 2023, falling by -4.7% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 8.9% month-to-month. The export price peaked at $9,870 per ton in May 2023; however, from June 2023 to September 2023, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In September 2023, the countries with the highest prices were the United States ($9,690 per ton) and Poland ($9,635 per ton), while the average price for exports to the Netherlands ($7,327 per ton) and France ($8,170 per ton) were amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+1.1%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Furniture Fittings Price in Estonia (CIF) - 2023

The average plastic furniture fittings import price stood at $11,421 per ton in September 2023, dropping by -15.8% against the previous month. Overall, import price indicated a notable expansion from September 2022 to September 2023: its price increased at an average monthly rate of +4.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, plastic furniture fittings import price decreased by -15.8% against August 2023 indices. The most prominent rate of growth was recorded in December 2022 an increase of 52% against the previous month. Over the period under review, average import prices reached the peak figure at $14,072 per ton in February 2023; however, from March 2023 to September 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Latvia ($26,028 per ton), while the price for Lithuania ($4,950 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Poland (+24.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Plastic Furniture Fittings Exports in Estonia

In 2022, the amount of plastic fittings for furniture exported from Estonia reached 2.8K tons, increasing by 4.8% compared with 2021. Over the period under review, exports, however, recorded a noticeable contraction. The pace of growth was the most pronounced in 2021 when exports increased by 11% against the previous year.

In value terms, plastic furniture fittings exports rose remarkably to $25M in 2022. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 20% against the previous year.

Export of Plastic Furniture Fittings in Estonia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Sweden	14.6	11.1	12.1	11.2	-8.5%
Belgium	4.7	3.6	2.9	3.4	-10.2%
Finland	1.1	1.3	2.9	2.0	22.1%
Latvia	0.1	0.3	0.3	1.8	162.1%
Netherlands	0.4	0.2	1.2	1.7	62.0%
United States	1.8	1.0	1.1	1.1	-15.1%
Romania	0.7	0.8	0.9	1.0	12.6%
Poland	0.2	0.1	0.6	0.7	51.8%
Brazil	0.4	0.3	0.5	0.5	7.7%
France	0.3	0.2	0.3	0.4	10.1%
Others	0.7	0.5	0.8	0.9	8.7%
Total	25.0	19.7	23.6	24.9	-0.1%

Top Export Markets for Plastic Furniture Fittings from Estonia in 2022:

Sweden (1440.8 tons)
Belgium (477.5 tons)
Netherlands (231.4 tons)
United States (123.7 tons)
Latvia (123.3 tons)
Finland (122.1 tons)
Brazil (65.3 tons)
Poland (56.3 tons)
France (56.0 tons)
Romania (50.4 tons)

Plastic Furniture Fittings Imports in Estonia

In 2022, supplies from abroad of plastic fittings for furniture decreased by -5.8% to 680 tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 5.9% against the previous year. As a result, imports reached the peak of 726 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, plastic furniture fittings imports reduced dramatically to $7.1M in 2022. Overall, imports saw a mild shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 50%. As a result, imports reached the peak of $11M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Plastic Furniture Fittings in Estonia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	1,261	1,978	1,722	2,492	25.5%
Sweden	1,465	4,483	2,357	1,691	4.9%
Finland	739	905	932	653	-4.0%
Lithuania	466	470	511	625	10.3%
Germany	538	770	774	608	4.2%
China	218	99.1	93.9	97.5	-23.5%
Russia	31.7	35.3	27.3	70.1	30.3%
Denmark	179	155	106	54.1	-32.9%
Others	2,516	2,215	2,288	856	-30.2%
Total	7,414	11,111	8,811	7,148	-1.2%

Top Suppliers of Plastic Furniture Fittings to Estonia in 2022:

Poland (307.2 tons)
Sweden (104.0 tons)
Lithuania (97.8 tons)
Germany (47.7 tons)
Finland (40.3 tons)
Russia (16.2 tons)
China (11.8 tons)
Denmark (4.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the plastic furniture fittings market in Estonia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 22292610 - Plastic fittings for furniture, coachwork or the like

Country coverage:

Estonia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Estonia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023