Estonia: Market for Plastic Hoses and Hose Fittings 2024

Market Size for Plastic Hoses and Hose Fittings in Estonia

In 2022, after four years of growth, there was significant decline in the Estonian market for plastic hoses and hose fittings, when its value decreased by X% to $X. In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2021, and then contracted dramatically in the following year.

Production of Plastic Hoses and Hose Fittings in Estonia

In value terms, plastic hose and hose fitting production surged to $X in 2022 estimated in export price. Over the period under review, production, however, recorded strong growth. The pace of growth appeared the most rapid in 2021 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs in 2022 and is likely to continue growth in years to come.

Exports of Plastic Hoses and Hose Fittings

Exports from Estonia

Plastic hose and hose fitting exports from Estonia rose remarkably to X tons in 2022, growing by X% on the previous year. In general, exports saw a significant increase. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, plastic hose and hose fitting exports skyrocketed to $X in 2022. Overall, exports posted a prominent expansion. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

Germany (X tons) was the main destination for plastic hose and hose fitting exports from Estonia, with a X% share of total exports. Moreover, plastic hose and hose fitting exports to Germany exceeded the volume sent to the second major destination, Sweden (X tons), twofold. Lithuania (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 Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (X% per year) and Lithuania (X% per year).

In value terms, Germany ($X) remains the key foreign market for plastic hoses and hose fittings exports from Estonia, comprising X% of total exports. The second position in the ranking was taken by Lithuania ($X), with a X% share of total exports. It was followed by Latvia, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to 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).

Export Prices by Country

In 2022, the average export price for plastic hoses and hose fittings amounted to $X per ton, growing by X% against the previous year. In general, the export price, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 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 Finland ($X per ton), while the average price for exports to Sweden ($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 Poland (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Plastic Hoses and Hose Fittings

Imports into Estonia

In 2022, after two years of growth, there was significant decline in overseas purchases of plastic hoses and hose fittings, when their volume decreased by X% to X tons. Over the period under review, total imports indicated a perceptible increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then declined in the following year.

In value terms, plastic hose and hose fitting imports reduced slightly to $X in 2022. Overall, total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then declined slightly in the following year.

Imports by Country

Germany (X tons), Sweden (X tons) and Poland (X tons) were the main suppliers of plastic hose and hose fitting imports to Estonia, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic hose and hose fitting suppliers to Estonia were Germany ($X), Sweden ($X) and Finland ($X), with a combined X% share of total imports.

Germany, with a CAGR of X%, saw the highest rates of growth with regard to 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

The average import price for plastic hoses and hose fittings stood at $X per ton in 2022, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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