Estonia - Plastic Reservoirs, Tanks And Vats - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Estonia - Plastic Reservoirs, Tanks And Vats - Market Analysis, Forecast, Size, Trends And Insights

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Plastic Reservoir Price in Estonia - 2023

Contents:

  1. Plastic Reservoir Price in Estonia (FOB) - 2023
  2. Plastic Reservoir Price in Estonia (CIF) - 2022
  3. Plastic Reservoir Exports in Estonia
  4. Plastic Reservoir Imports in Estonia

Plastic Reservoir Price in Estonia (FOB) - 2023

In September 2023, the average plastic reservoir export price amounted to $6,129 per ton, increasing by 12% against the previous month. Over the period under review, export price indicated modest growth from September 2022 to September 2023: its price increased at an average monthly rate of +1.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, plastic reservoir export price decreased by -22.7% against July 2023 indices. The most prominent rate of growth was recorded in May 2023 an increase of 31% month-to-month. The export price peaked at $7,927 per ton in July 2023; however, from August 2023 to September 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Latvia ($6,478 per ton), while the average price for exports to Denmark ($4,184 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Reservoir Price in Estonia (CIF) - 2022

The average plastic reservoir import price stood at $5,999 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 32%. Over the period under review, average import prices attained the maximum at $6,548 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Finland ($8,678 per ton), while the price for Latvia ($3,670 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Plastic Reservoir Exports in Estonia

For the fourth year in a row, Estonia recorded growth in shipments abroad of plastic reservoirs, tanks and vats, which increased by 0.5% to 1.6K tons in 2022. The total export volume increased at an average annual rate of +5.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2020 with an increase of 14% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, plastic reservoir exports dropped to $8.9M in 2022. The total export value increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 23% against the previous year.

Export of Plastic Reservoir in Estonia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden3.54.23.54.15.4%
Finland2.22.92.92.1-1.5%
Latvia0.80.81.31.626.0%
Germany0.50.81.40.66.3%
Norway0.10.20.30.226.0%
Lithuania0.30.20.40.1-30.7%
Others0.10.10.30.226.0%
Total7.69.310.08.95.4%

Top Export Markets for Plastic Reservoir from Estonia in 2022:

  1. Sweden (776.7 tons)
  2. Finland (334.9 tons)
  3. Latvia (249.4 tons)
  4. Germany (124.1 tons)
  5. Norway (47.4 tons)
  6. Lithuania (22.7 tons)

Plastic Reservoir Imports in Estonia

Plastic reservoir imports into Estonia was estimated at 602 tons in 2022, increasing by 3.5% on the year before. The total import volume increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 4.7%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, plastic reservoir imports expanded to $3.6M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +18.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.3% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 31% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.

Import of Plastic Reservoir in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6767439898327.2%
Finland29636571466130.7%
Italy29824428757724.6%
Poland16236743440836.1%
Spain12.110.932.4165138.9%
Lithuania11555.198.81519.5%
Latvia260346106118-23.2%
Luxembourg10641.0N/AN/A-61.3%
Others27148781269937.1%
Total2,1972,6593,4733,61018.0%

Top Suppliers of Plastic Reservoir to Estonia in 2022:

  1. Germany (133.9 tons)
  2. Italy (102.8 tons)
  3. Poland (88.3 tons)
  4. Finland (76.1 tons)
  5. Lithuania (34.2 tons)
  6. Spain (33.9 tons)
  7. Latvia (32.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the plastic reservoir 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 22231300 - Plastic reservoirs, tanks, vats, intermediate bulk and similar containers, of a capacity > .300 litres

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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