Estonia: Market for Chemical Wood Pulp (Soda And Sulphate, Other Than Dissolving Grades) 2024

Market Size for Chemical Wood Pulp (Soda And Sulphate, Other Than Dissolving Grades) in Estonia

In 2022, the Estonian market for chemical wood pulp (soda and sulphate, other than dissolving grades) increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption saw a relatively flat trend pattern. Consumption of peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Chemical Wood Pulp (Soda And Sulphate, Other Than Dissolving Grades) in Estonia

In value terms, production of chemical wood pulp (soda and sulphate, other than dissolving grades) reduced to $X in 2022 estimated in export price. Over the period under review, production showed a deep slump. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Chemical Wood Pulp (Soda And Sulphate, Other Than Dissolving Grades)

Exports from Estonia

In 2022, shipments abroad of chemical wood pulp (soda and sulphate, other than dissolving grades) decreased by X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of chemical wood pulp (soda and sulphate, other than dissolving grades) rose significantly to $X in 2022. In general, exports, however, showed significant growth. The pace of growth was the most pronounced in 2014 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Poland (X tons) was the main destination for exports of chemical wood pulp (soda and sulphate, other than dissolving grades) from Estonia, with a X% share of total exports. Moreover, exports of chemical wood pulp (soda and sulphate, other than dissolving grades) to Poland exceeded the volume sent to the second major destination, the Czech Republic (X tons), threefold. Slovenia (X tons) ranked third in terms of total exports with an X% share.

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

In value terms, Poland ($X) remains the key foreign market for chemical wood pulp (soda and sulphate, other than dissolving grades) exports from Estonia, comprising X% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total exports. It was followed by Slovenia, with a X% share.

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

Export Prices by Country

The average export price for chemical wood pulp (soda and sulphate, other than dissolving grades) stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, export price indicated a mild increase from 2012 to 2022: its price 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, export price for chemical wood pulp (soda and sulphate, other than dissolving grades) increased by X% against 2020 indices. The growth pace was the most rapid in 2021 an increase of X%. The export price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Slovenia ($X per ton) and Russia ($X per ton), while the average price for exports to Germany ($X per ton) and the Czech Republic ($X per ton) were amongst the lowest.

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

Imports of Chemical Wood Pulp (Soda And Sulphate, Other Than Dissolving Grades)

Imports into Estonia

In 2022, approx. X tons of chemical wood pulp (soda and sulphate, other than dissolving grades) were imported into Estonia; declining by X% compared with 2021 figures. Overall, imports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of chemical wood pulp (soda and sulphate, other than dissolving grades) skyrocketed to $X in 2022. In general, imports, however, continue to indicate strong growth. The pace of growth was the most pronounced in 2013 with an increase of X%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, Finland (X tons) constituted the largest supplier of soda and sulphate chemical wood pulp to Estonia, accounting for a X% share of total imports. Moreover, imports of chemical wood pulp (soda and sulphate, other than dissolving grades) from Finland exceeded the figures recorded by the second-largest supplier, Sweden (X tons), threefold. The third position in this ranking was taken by Russia (X tons), with a X% share.

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

In value terms, Finland ($X) constituted the largest supplier of chemical wood pulp (soda and sulphate, other than dissolving grades) to Estonia, comprising X% of total imports. The second position in the ranking was taken by Sweden ($X), with a X% share of total imports. It was followed by Russia, with a X% share.

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

Import Prices by Country

In 2022, the average import price for chemical wood pulp (soda and sulphate, other than dissolving grades) amounted to $X per ton, jumping by X% against the previous year. In general, import price indicated a notable expansion from 2012 to 2022: its price 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, import price for chemical wood pulp (soda and sulphate, other than dissolving grades) increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. The import price peaked in 2022 and is likely to see gradual growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Netherlands ($X per ton) and Sweden ($X per ton), while the price for Russia ($X per ton) and Finland ($X per ton) were 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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