Report Update: May 1, 2024

Estonia - Polyamides (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights

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Polyamide Price in Estonia - 2023

Polyamide Price in Estonia (CIF) - 2023

The average polyamide import price stood at $6,337 per ton in September 2023, reducing by -6.1% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in March 2023 when the average import price increased by 21% month-to-month. Over the period under review, average import prices reached the peak figure at $7,200 per ton in May 2023; however, from June 2023 to September 2023, import prices stood at a somewhat 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 Slovakia ($38,635 per ton), while the price for Poland ($2,329 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 Slovakia (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Polyamide Price in Estonia (FOB) - 2022

In 2022, the average polyamide export price amounted to $4,432 per ton, surging by 16% against the previous year. In general, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, polyamide export price increased by +54.1% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 27%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($6,747 per ton), while the average price for exports to Russia ($2,321 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 Hong Kong SAR (+24.7%), while the prices for the other major destinations experienced more modest paces of growth.

Polyamide Imports in Estonia

In 2022, overseas purchases of polyamides (in primary forms) decreased by -5.9% to 1.6K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year. As a result, imports reached the peak of 1.7K tons, and then contracted in the following year.

In value terms, polyamide imports skyrocketed to $8.9M in 2022. The total import value increased at an average annual rate of +11.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 21% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Polyamide in Estonia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Finland	1,783	1,597	1,745	2,320	9.2%
Germany	1,334	2,189	2,698	2,038	15.2%
Japan	223	406	250	975	63.5%
Sweden	442	682	1,192	724	17.9%
Italy	318	264	186	615	24.6%
Slovakia	85.9	58.2	239	554	86.1%
Belgium	118	360	220	438	54.8%
Russia	42.0	72.7	214	293	91.1%
Poland	295	186	410	243	-6.3%
Netherlands	241	85.2	150	229	-1.7%
Spain	138	132	4.3	N/A	-82.3%
Others	1,469	365	431	479	-31.2%
Total	6,490	6,398	7,737	8,907	11.1%

Top Suppliers of Polyamide to Estonia in 2022:

Germany (411.9 tons)
Finland (307.3 tons)
Japan (171.0 tons)
Sweden (146.7 tons)
Italy (124.8 tons)
Slovakia (98.0 tons)
Russia (80.0 tons)
Belgium (67.8 tons)
Poland (52.2 tons)
Netherlands (47.6 tons)

Polyamide Exports in Estonia

In 2022, the amount of polyamides (in primary forms) exported from Estonia skyrocketed to 270 tons, with an increase of 22% compared with the year before. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +9.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, polyamide exports soared to $1.2M in 2022. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Polyamide in Estonia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Finland	13.1	37.7	159	539	245.2%
Lithuania	304	220	387	351	4.9%
Russia	14.9	96.8	5.6	143	112.5%
Sweden	62.3	90.3	67.3	75.2	6.5%
Latvia	164	87.1	21.8	5.9	-67.0%
Hong Kong SAR	21.4	N/A	2.5	2.7	-49.8%
Austria	N/A	N/A	71.5	N/A	0%
Others	19.5	63.4	129	79.3	59.6%
Total	599	596	843	1,196	25.9%

Top Export Markets for Polyamide from Estonia in 2022:

Finland (92.2 tons)
Lithuania (86.9 tons)
Russia (61.5 tons)
Sweden (19.5 tons)
Latvia (1.8 tons)
Hong Kong SAR (0.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the polyamide 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 20165450 - Polyamide -6, -11, -12, -6,6, -6,9, -6,10 or -6,12, in primary forms
Prodcom 20165490 - Polyamides, in primary forms (excluding polyamide -6, -11, .12, -6,6, -6,9, -6,10 or -6,12)

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