Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Estonia - 2024

Contents:

1. Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Estonia (CIF) - 2024
2. Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Estonia (FOB) - 2022
3. Imports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Estonia
4. Exports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Estonia

Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Estonia (CIF) - 2024

In February 2024, the average import price for textile fabrics; impregnated, coated, covered or laminated with polyurethanes amounted to $4.7 per square meter, rising by 17% against the previous month. In general, import price indicated a slight increase from February 2023 to February 2024: its price increased at an average monthly rate of +1.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2024 figures, import price for textile fabrics; impregnated, coated, covered or laminated with polyurethanes increased by +44.3% against November 2023 indices. The pace of growth was the most pronounced in June 2023 an increase of 57% m-o-m. Over the period under review, average import prices hit record highs at $5.4 per square meter in March 2023; however, from April 2023 to February 2024, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was Germany ($13.5 per square meter), while the price for South Korea ($578 per thousand square meters) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by China (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Estonia (FOB) - 2022

In 2022, the average export price for textile fabrics; impregnated, coated, covered or laminated with polyurethanes amounted to $7.5 per square meter, waning by -20.8% against the previous year. Overall, the export price, however, showed a pronounced expansion. The growth pace was the most rapid in 2015 an increase of 45%. Over the period under review, the average export prices attained the maximum at $13 per square meter in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($19 per square meter), while the average price for exports to South Korea ($1.5 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+42.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Estonia

Imports of textile fabrics; impregnated, coated, covered or laminated with polyurethanes into Estonia surged to 1.4M square meters in 2022, picking up by 24% against the previous year's figure. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +18.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 26% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of textile fabrics; impregnated, coated, covered or laminated with polyurethanes expanded significantly to $5.1M in 2022. The total import value increased at an average annual rate of +1.8% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 14% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

Top Suppliers of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane to Estonia in 2022:

1. South Korea (378.1K square meters)
2. China (286.4K square meters)
3. Taiwan (Chinese) (259.7K square meters)
4. Italy (87.9K square meters)
5. Sweden (69.8K square meters)
6. Turkey (46.5K square meters)
7. Israel (38.9K square meters)
8. Germany (32.7K square meters)
9. Finland (32.2K square meters)
10. Belgium (24.4K square meters)
11. Latvia (21.7K square meters)

Exports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Estonia

In 2022, exports of textile fabrics; impregnated, coated, covered or laminated with polyurethanes from Estonia soared to 75K square meters, rising by 38% against 2021. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +9.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.6% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of textile fabrics; impregnated, coated, covered or laminated with polyurethanes expanded rapidly to $564K in 2022. In general, exports, however, showed a abrupt decline. Over the period under review, the exports of reached the peak figure at $672K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane from Estonia in 2022:

1. Finland (39.3K square meters)
2. Russia (22.9K square meters)
3. Norway (4.3K square meters)
4. South Korea (3.9K square meters)
5. Latvia (2.0K square meters)

Source: IndexBox Market Intelligence Platform