Estonia: Leather Apparel Market 2024

Leather Apparel Market Size in Estonia

The Estonian leather apparel market contracted modestly to $X in 2022, waning by X% against the previous year. In general, consumption recorded a noticeable reduction. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Leather Apparel Production in Estonia

In value terms, leather apparel production contracted modestly to $X in 2022 estimated in export price. Overall, production, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

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Leather Apparel Exports

Exports from Estonia

In 2022, approx. X units of apparel of leather or of composition leather were exported from Estonia; which is down by X% compared with 2021. Over the period under review, exports continue to indicate a sharp decrease. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, leather apparel exports shrank to $X in 2022. Overall, exports faced a sharp descent. The growth pace was the most rapid in 2021 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Czech Republic (X units) was the main destination for leather apparel exports from Estonia, with a X% share of total exports. Moreover, leather apparel exports to the Czech Republic exceeded the volume sent to the second major destination, Lithuania (X units), twofold. Latvia (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the Czech Republic stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (X% per year) and Latvia (X% per year).

In value terms, the Czech Republic ($X) remains the key foreign market for apparel of leather or of composition leather exports from Estonia, comprising X% of total exports. The second position in the ranking was taken by Poland ($X), with a X% share of total exports. It was followed by Lithuania, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Czech Republic totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and Lithuania (X% per year).

Export Prices by Country

In 2022, the average leather apparel export price amounted to $X per unit, declining by X% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Latvia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Leather Apparel Imports

Imports into Estonia

In 2022, the amount of apparel of leather or of composition leather imported into Estonia stood at X units, therefore, remained relatively stable against the previous year. Over the period under review, imports, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, leather apparel imports shrank to $X in 2022. In general, imports, however, showed a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of X%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of leather apparel to Estonia, accounting for a X% share of total imports. Moreover, leather apparel imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X units), twofold. Spain (X units) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Spain (X% per year).

In value terms, Germany ($X) constituted the largest supplier of apparel of leather or of composition leather to Estonia, comprising X% of total imports. The second position in the ranking was held by Poland ($X), with a X% share of total imports. It was followed by Finland, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Finland (X% per year).

Import Prices by Country

In 2022, the average leather apparel import price amounted to $X per unit, declining by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2021, and then contracted in the following year.

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 Italy ($X per unit), while the price for India ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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