Estonia: Market for Scouring Pastes And Powders 2024

Market Size for Scouring Pastes And Powders in Estonia

In 2023, the Estonian scouring pastes and powders market was finally on the rise to reach $X for the first time since 2018, thus ending a four-year declining trend. In general, consumption, however, saw a slight reduction. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2023, consumption stood at a somewhat lower figure.

Production of Scouring Pastes And Powders in Estonia

In value terms, scouring pastes and powders production skyrocketed to $X in 2023 estimated in export price. In general, production, however, showed a deep contraction. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Scouring pastes and powders production peaked at $X in 2013; however, from 2014 to 2023, production stood at a somewhat lower figure.

Exports of Scouring Pastes And Powders

Exports from Estonia

In 2023, approx. X tons of scouring pastes and powders were exported from Estonia; waning by X% on the year before. Overall, exports faced a deep reduction. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, scouring pastes and powders exports shrank markedly to $X in 2023. In general, exports saw a deep slump. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

Latvia (X tons) was the main destination for scouring pastes and powders exports from Estonia, with a X% share of total exports. Moreover, scouring pastes and powders exports to Latvia exceeded the volume sent to the second major destination, Lithuania (X kg), more than tenfold. Russia (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Latvia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (X% per year) and Russia (X% per year).

In value terms, Latvia ($X) remains the key foreign market for scouring pastes and powders exports from Estonia, comprising X% of total exports. The second position in the ranking was held by Lithuania ($X), with a X% share of total exports. It was followed by Russia, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Latvia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (X% per year) and Russia (X% per year).

Export Prices by Country

In 2023, the average scouring pastes and powders export price amounted to $X per ton, standing approx. at the previous year. In general, the export price, however, recorded a strong increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2023, the average 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 Russia ($X per ton), while the average price for exports to Latvia ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Finland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Scouring Pastes And Powders

Imports into Estonia

After three years of decline, purchases abroad of scouring pastes and powders increased by X% to X tons in 2023. Over the period under review, imports, however, saw a pronounced reduction. The growth pace was the most rapid in 2018 when imports increased by X%. Imports peaked at X tons in 2014; however, from 2015 to 2023, imports remained at a lower figure.

In value terms, scouring pastes and powders imports expanded notably to $X in 2023. In general, imports, however, recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, Poland (X tons) constituted the largest supplier of scouring pastes and powders to Estonia, with a X% share of total imports. Moreover, scouring pastes and powders imports from Poland exceeded the figures recorded by the second-largest supplier, Latvia (X tons), threefold. Lithuania (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2023, the average annual growth rate of volume from Poland stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Latvia (X% per year) and Lithuania (X% per year).

In value terms, Poland ($X), Latvia ($X) and Lithuania ($X) constituted the largest scouring pastes and powders suppliers to Estonia, together accounting for X% of total imports. Germany, Slovakia, Spain and the Netherlands lagged somewhat behind, together comprising a further X%.

Spain, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of 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 scouring pastes and powders import price stood at $X per ton in 2023, reducing by X% against the previous year. Overall, the import price recorded a noticeable downturn. The pace of growth appeared the most rapid in 2013 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per ton in 2016; however, from 2017 to 2023, import prices stood at a somewhat lower figure.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform