Estonia: Paper Moulding Machine Market 2024

Paper Moulding Machine Market Size in Estonia

The Estonian paper moulding machine market surged to $X in 2022, jumping by X% against the previous year. Over the period under review, consumption, however, saw a dramatic descent. Paper moulding machine consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Paper Moulding Machine Production in Estonia

In value terms, paper moulding machine production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, saw a dramatic slump. The pace of growth was the most pronounced in 2020 with an increase of X%. Paper moulding machine production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Paper Moulding Machine Exports

Exports from Estonia

After two years of growth, shipments abroad of machines for moulding articles in paper pulp, paper or paperboard decreased by X% to X units in 2022. Overall, exports, however, recorded a remarkable increase. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The exports peaked at X units in 2021, and then reduced notably in the following year.

In value terms, paper moulding machine exports dropped notably to $X in 2022. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2021, and then dropped notably in the following year.

Exports by Country

The Czech Republic (X units) and Latvia (X units) were the main destinations of paper moulding machine exports from Estonia. Moreover, paper moulding machine exports in the Czech Republic exceeded the figures recorded by the second-largest exporter, Latvia, twofold.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic (with a CAGR of X%).

In value terms, the Czech Republic ($X) emerged as the key foreign market for machines for moulding articles in paper pulp, paper or paperboard exports from Estonia, comprising X% of total exports. The second position in the ranking was held by Latvia ($X), with an X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the Czech Republic was relatively modest.

Export Prices by Country

In 2022, the average paper moulding machine export price amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the export price, however, posted significant growth. The pace of growth was the most pronounced in 2021 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 remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($X per unit), while the average price for exports to Latvia amounted to $X per unit.

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

Paper Moulding Machine Imports

Imports into Estonia

In 2022, overseas purchases of machines for moulding articles in paper pulp, paper or paperboard decreased by X% to X units for the first time since 2017, thus ending a four-year rising trend. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of X units, and then fell significantly in the following year.

In value terms, paper moulding machine imports declined significantly to $X in 2022. Over the period under review, imports, however, enjoyed perceptible growth. The growth pace was the most rapid in 2021 when imports increased by X%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the UK (X units) constituted the largest supplier of paper moulding machine to Estonia, accounting for a X% share of total imports. Moreover, paper moulding machine imports from the UK exceeded the figures recorded by the second-largest supplier, Croatia (X units), more than tenfold. The third position in this ranking was held by India (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the UK amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Croatia (X% per year) and India (X% per year).

In value terms, the UK ($X) constituted the largest supplier of machines for moulding articles in paper pulp, paper or paperboard to Estonia, comprising X% of total imports. The second position in the ranking was held by Croatia ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the UK totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Croatia (X% per year) and India (X% per year).

Import Prices by Country

The average paper moulding machine import price stood at $X per unit in 2022, jumping by X% against the previous year. Overall, the import price recorded a mild increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 India ($X per unit), while the price for the Czech Republic ($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 UK (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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