Report Update: Apr 1, 2024

Estonia - Unvulcanized Rubber - Market Analysis, Forecast, Size, Trends And Insights

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Unvulcanized Rubber Price in Estonia - 2023

Unvulcanized Rubber Price in Estonia (CIF) - 2022

In 2022, the average unvulcanized rubber import price amounted to $3,880 per ton, which is down by -18.5% against the previous year. In general, the import price continues to indicate a mild reduction. The pace of growth appeared the most rapid in 2016 an increase of 44%. Over the period under review, average import prices attained the peak figure at $4,762 per ton in 2021, and then shrank sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($9,510 per ton), while the price for Russia ($1,711 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Unvulcanized Rubber Price in Estonia (FOB) - 2022

The average unvulcanized rubber export price stood at $3,418 per ton in 2022, declining by -2.5% against the previous year. In general, the export price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2015 when the average export price increased by 56%. Over the period under review, the average export prices hit record highs at $7,606 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($22,884 per ton), while the average price for exports to Denmark ($157 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 Finland (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.

Unvulcanized Rubber Imports in Estonia

Unvulcanized rubber imports into Estonia skyrocketed to 5.5K tons in 2022, growing by 44% against the previous year. Over the period under review, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, unvulcanized rubber imports skyrocketed to $21M in 2022. In general, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 55%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Import of Unvulcanized Rubber in Estonia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	1.7	1.6	1.8	5.1	44.2%
Sweden	0.9	1.4	2.9	4.5	71.0%
Italy	0.5	0.4	3.8	3.7	94.9%
Netherlands	0.2	0.4	0.6	2.4	128.9%
Finland	0.5	0.4	0.5	1.0	26.0%
Belgium	0.5	0.7	0.7	0.7	11.9%
Poland	0.3	0.2	0.3	0.4	10.1%
Russia	N/A	N/A	0.1	0.3	200.0%
Others	7.6	6.6	7.5	3.5	-22.8%
Total	12.1	11.8	18.2	21.4	20.9%

Top Suppliers of Unvulcanized Rubber to Estonia in 2022:

Germany (2721.9 tons)
Italy (699.7 tons)
Sweden (571.6 tons)
Netherlands (248.8 tons)
Finland (237.0 tons)
Russia (158.5 tons)
Belgium (132.6 tons)
Poland (72.8 tons)

Unvulcanized Rubber Exports in Estonia

In 2022, approx. 263 tons of unvulcanized rubber and articles thereof were exported from Estonia; increasing by 13% against 2021 figures. In general, exports, however, saw a slight downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 103%.

In value terms, unvulcanized rubber exports stood at $899K in 2022. Over the period under review, exports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 27% against the previous year.

Export of Unvulcanized Rubber in Estonia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	901	309	281	241	-35.6%
United Kingdom	1.9	4.2	294	218	385.9%
Finland	61.2	33.3	42.5	98.2	17.1%
Lithuania	42.4	55.7	60.5	73.6	20.2%
Latvia	56.0	72.8	69.7	72.0	8.7%
Kazakhstan	68.3	41.6	N/A	51.9	-8.7%
India	N/A	N/A	N/A	29.9	0%
Denmark	0.3	0.1	0.3	2.6	105.4%
Others	155	129	70.1	111	-10.5%
Total	1,286	646	818	899	-11.2%

Top Export Markets for Unvulcanized Rubber from Estonia in 2022:

United Kingdom (115.1 tons)
Russia (28.5 tons)
India (23.7 tons)
Lithuania (20.9 tons)
Latvia (19.7 tons)
Denmark (16.5 tons)
Kazakhstan (10.2 tons)
Finland (6.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the unvulcanized rubber 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 22192013 - Rubber compounded with carbon black or silica, unvulcanised
Prodcom 22192019 - Other compounded rubber, unvulcanised, in primary forms or in plates, sheets or strip
Prodcom 22192030 - Forms and articles of unvulcanised rubber (including rods, t ubes, profile shapes, discs and rings) (excluding camel-back, s trips for retreading tyres)
Prodcom 22192050 - Vulcanised rubber thread and cord
Prodcom 22192070 - Plates, sheets and strip of vulcanised rubber
Prodcom 22192083 - Extruded rods and profile shapes of cellular vulcanised rubber
Prodcom 22192085 - Plates, sheets, strips for floor covering of solid vulcanised rubber
Prodcom 22192087 - Extruded solid rubber rods and profiles

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