Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Estonia - 2023

Contents:

  1. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Estonia (CIF) - 2023
  2. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Estonia (FOB) - 2023
  3. Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Estonia
  4. Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Estonia

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Estonia (CIF) - 2023

In October 2023, the average import price for felt; whether or not impregnated, coated, covered or laminateds amounted to $3,127 per ton, waning by -9% against the previous month. Overall, the import price continues to indicate a slight downturn. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 165% m-o-m. As a result, import price reached the peak level of $8,183 per ton. From July 2023 to October 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Poland ($39,395 per ton), while the price for Denmark ($1,239 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Poland (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Estonia (FOB) - 2023

The average export price for felt; whether or not impregnated, coated, covered or laminateds stood at $6,359 per ton in October 2023, with an increase of 12% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +2.4%. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 37% m-o-m. The export price peaked in October 2023.

Prices varied noticeably by the country of destination: the country with the highest price was the Czech Republic ($14,682 per ton), while the average price for exports to Slovakia ($2,913 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Estonia

For the fourth year in a row, Estonia recorded growth in purchases abroad of felt; whether or not impregnated, coated, covered or laminateds, which increased by 69% to 774 tons in 2022. Over the period under review, imports showed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 157%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of felt; whether or not impregnated, coated, covered or laminateds soared to $1.8M in 2022. In general, imports showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 77%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark86.2568518964123.6%
Germany10520991.621827.6%
United Kingdom3.57.713.3133236.2%
Italy76.377.811612718.5%
China19312073.291.1-22.1%
Finland72.472.211353.9-9.4%
Lithuania10.233.22399.1-3.7%
Others1892081822347.4%
Total7351,2971,3451,83135.6%

Top Suppliers of Felt; Whether or Not Impregnated, Coated, Covered or Laminated to Estonia in 2022:

  1. Denmark (673.9 tons)
  2. Germany (31.0 tons)
  3. United Kingdom (12.8 tons)
  4. Italy (9.6 tons)
  5. China (7.9 tons)
  6. Lithuania (7.1 tons)
  7. Finland (6.7 tons)

Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Estonia

For the third consecutive year, Estonia recorded decline in overseas shipments of felt; whether or not impregnated, coated, covered or laminateds, which decreased by -18.2% to 254 tons in 2022. Over the period under review, exports recorded a deep contraction. The smallest decline of -0.3% was in 2021.

In value terms, exports of felt; whether or not impregnated, coated, covered or laminateds contracted to $1.2M in 2022. Overall, exports showed a drastic downturn. The smallest decline of -3.8% was in 2021.

Export of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland6186196447084.6%
Germany527353259224-24.8%
Slovakia557332373132-38.1%
Poland11939.68.30.4-85.0%
Others17790.095.4125-10.9%
Total1,9981,4351,3801,189-15.9%

Top Export Markets for Felt; Whether or Not Impregnated, Coated, Covered or Laminated from Estonia in 2022:

  1. Finland (158.6 tons)
  2. Slovakia (44.4 tons)
  3. Germany (39.0 tons)
  4. Poland (0.1 tons)

Source: IndexBox Market Intelligence Platform

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