Estonia - Plywood - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlywood Price in Estonia - 2023
Contents:
- Plywood Price in Estonia (FOB) - 2023
- Plywood Price in Estonia (CIF) - 2023
- Plywood Exports in Estonia
- Plywood Imports in Estonia
Plywood Price in Estonia (FOB) - 2023
The average plywood export price stood at $1,335 per cubic meter in September 2023, with an increase of 2% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.6%. The pace of growth was the most pronounced in January 2023 when the average export price increased by 7.1% m-o-m. Over the period under review, the average export prices reached the maximum at $1,338 per cubic meter in May 2023; afterwards, it flattened through to September 2023.
Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($1,820 per cubic meter), while the average price for exports to Finland ($797 per cubic meter) 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 South Korea (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.
Plywood Price in Estonia (CIF) - 2023
In September 2023, the average plywood import price amounted to $677 per cubic meter, almost unchanged from the previous month. In general, the import price, however, continues to indicate a perceptible decline. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 21% m-o-m. Over the period under review, average import prices attained the maximum at $962 per cubic meter in September 2022; however, from October 2022 to September 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Latvia ($1,189 per cubic meter), while the price for Brazil ($409 per cubic meter) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Poland (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Plywood Exports in Estonia
In 2022, shipments abroad of plywood decreased by -2% to 214K cubic meters for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +10.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 19%. Over the period under review, the exports attained the peak figure at 218K cubic meters in 2021, and then shrank slightly in the following year.
In value terms, plywood exports skyrocketed to $229M in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +83.9% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 33% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Plywood in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 41.6 | 45.3 | 68.3 | 83.6 | 26.2% |
| France | 6.6 | 6.9 | 12.4 | 14.5 | 30.0% |
| Latvia | 7.9 | 9.8 | 12.6 | 12.9 | 17.8% |
| Spain | 4.4 | 3.6 | 7.4 | 11.8 | 38.9% |
| Austria | 4.0 | 5.0 | 8.7 | 10.9 | 39.7% |
| Finland | 8.1 | 6.5 | 8.5 | 10.2 | 8.0% |
| South Korea | 16.1 | 22.2 | 6.8 | 10.0 | -14.7% |
| Italy | 2.2 | 2.0 | 4.6 | 8.3 | 55.7% |
| Turkey | 1.2 | 4.1 | 5.2 | 7.6 | 85.0% |
| Sweden | 2.5 | 3.7 | 6.0 | 7.5 | 44.2% |
| Poland | 2.5 | 2.0 | 4.5 | 6.8 | 39.6% |
| Netherlands | 4.6 | 4.2 | 6.7 | 5.7 | 7.4% |
| Lithuania | 0.5 | 0.3 | 1.9 | 3.2 | 85.7% |
| Others | 22.3 | 25.1 | 33.4 | 36.5 | 17.8% |
| Total | 125 | 141 | 187 | 229 | 22.4% |
Top Export Markets for Plywood from Estonia in 2022:
- Germany (78.8K cubic meters)
- Latvia (15.8K cubic meters)
- Finland (12.2K cubic meters)
- France (11.6K cubic meters)
- South Korea (11.6K cubic meters)
- Spain (10.1K cubic meters)
- Austria (9.8K cubic meters)
- Italy (7.2K cubic meters)
- Poland (6.6K cubic meters)
- Sweden (6.4K cubic meters)
- Turkey (6.1K cubic meters)
- Netherlands (4.1K cubic meters)
- Lithuania (4.1K cubic meters)
Plywood Imports in Estonia
In 2022, the amount of plywood imported into Estonia soared to 152K cubic meters, with an increase of 26% compared with the previous year's figure. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +10.0% 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 +61.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 28% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, plywood imports soared to $98M in 2022. In general, imports saw a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 79%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Plywood in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 23.0 | 16.9 | 33.2 | 56.1 | 34.6% |
| Latvia | 4.5 | 7.4 | 13.3 | 14.9 | 49.0% |
| Finland | 9.7 | 7.0 | 9.3 | 9.6 | -0.3% |
| Brazil | 1.7 | 0.1 | 2.1 | 4.9 | 42.3% |
| China | 1.0 | 0.8 | 1.0 | 4.7 | 67.5% |
| Belarus | 0.6 | 0.6 | 1.1 | 0.9 | 14.5% |
| Others | 5.3 | 5.0 | 7.6 | 7.0 | 9.7% |
| Total | 45.6 | 37.8 | 67.6 | 98.2 | 29.1% |
Top Suppliers of Plywood to Estonia in 2022:
- Russia (99.1K cubic meters)
- Latvia (14.3K cubic meters)
- Finland (13.3K cubic meters)
- Brazil (8.9K cubic meters)
- China (5.8K cubic meters)
- Belarus (1.5K cubic meters)
This report provides an in-depth analysis of the plywood 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:
- FCL 1640 - Plywood
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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