Estonia: Market for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like 2024

Market Size for Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like in Estonia

The Estonian articles of fiber cement market soared to $X in 2022, surging by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a buoyant expansion. Articles of fiber cement consumption peaked in 2022 and is likely to see steady growth in years to come.

Exports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Exports from Estonia

In 2022, overseas shipments of articles of asbestos-cement, cellulose fiber-cement or the like increased by X% to X tons, rising for the second year in a row after three years of decline. Over the period under review, exports enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, articles of fiber cement exports surged to $X in 2022. Overall, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by X%. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

Finland (X tons) was the main destination for articles of fiber cement exports from Estonia, with a X% share of total exports. Moreover, articles of fiber cement exports to Finland exceeded the volume sent to the second major destination, Latvia (X tons), twofold. Denmark (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Finland totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (X% per year) and Denmark (X% per year).

In value terms, Finland ($X) remains the key foreign market for articles of asbestos-cement, cellulose fiber-cement or the like exports from Estonia, comprising X% of total exports. The second position in the ranking was taken by Latvia ($X), with a X% share of total exports. It was followed by Denmark, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Finland amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (X% per year) and Denmark (X% per year).

Export Prices by Country

In 2022, the average articles of fiber cement export price amounted to $X per ton, declining by X% against the previous year. In general, the export price, however, enjoyed pronounced growth. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021, and then shrank notably in the following year.

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 Norway ($X per ton), while the average price for exports to Bulgaria ($X 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 Belarus (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Articles Of Asbestos-Cement, Cellulose Fiber-Cement Or The Like

Imports into Estonia

In 2022, the amount of articles of asbestos-cement, cellulose fiber-cement or the like imported into Estonia rose rapidly to X tons, increasing by X% on the previous year's figure. In general, imports saw a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, articles of fiber cement imports skyrocketed to $X in 2022. Over the period under review, imports recorded resilient growth. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Lithuania (X tons) constituted the largest supplier of articles of fiber cement to Estonia, accounting for a X% share of total imports. Moreover, articles of fiber cement imports from Lithuania exceeded the figures recorded by the second-largest supplier, Finland (X tons), threefold. Italy (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Lithuania stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (X% per year) and Italy (X% per year).

In value terms, Lithuania ($X), Finland ($X) and Italy ($X) constituted the largest articles of fiber cement suppliers to Estonia, together accounting for X% of total imports. Russia, Ukraine and Poland lagged somewhat behind, together accounting for a further X%.

Russia, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average articles of fiber cement import price amounted to $X per ton, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Ukraine ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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