Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Estonia - 2024
Contents:
- Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Estonia (CIF) - 2024
- Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Estonia (FOB) - 2022
- Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Estonia
- Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Estonia
Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Estonia (CIF) - 2024
The average import price for textile fabrics, rubberised; other than those of heading no. 5902s stood at $3.7 per square meter in February 2024, increasing by 9.6% against the previous month. In general, the import price posted a tangible expansion. The pace of growth appeared the most rapid in June 2023 an increase of 101% month-to-month. As a result, import price reached the peak level of $5.9 per square meter. From July 2023 to February 2024, the average import prices remained 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 ($17.7 per square meter), while the price for Italy ($1.5 per square meter) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Germany (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Estonia (FOB) - 2022
In 2022, the average export price for textile fabrics, rubberised; other than those of heading no. 5902s amounted to $3.5 per square meter, declining by -16.7% against the previous year. Overall, the export price continues to indicate a abrupt slump. The growth pace was the most rapid in 2020 when the average export price increased by 147%. As a result, the export price reached the peak level of $7.1 per square meter. From 2021 to 2022, 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 North Macedonia ($14 per square meter), while the average price for exports to Denmark ($2.3 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 Russia (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Estonia
In 2022, imports of textile fabrics, rubberised; other than those of heading no. 5902s into Estonia soared to 652K square meters, jumping by 41% compared with 2021 figures. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +10.8% 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 +45.7% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of textile fabrics, rubberised; other than those of heading no. 5902s expanded significantly to $1.7M in 2022. The total import value increased at an average annual rate of +9.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 11%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 752 | 801 | 821 | 680 | -3.3% |
| China | 57.6 | 2.0 | 52.6 | 255 | 64.2% |
| Lithuania | 10.5 | 213 | 210 | 158 | 146.9% |
| Finland | 22.2 | 95.1 | 70.4 | 111 | 71.0% |
| United Kingdom | 14.9 | 12.9 | 46.3 | 103 | 90.5% |
| Germany | 75.8 | 63.3 | 91.7 | 103 | 10.8% |
| Latvia | 11.4 | 51.1 | 84.5 | 93.9 | 102.0% |
| Italy | 127 | 67.8 | 64.2 | 58.4 | -22.8% |
| Others | 204 | 109 | 84.5 | 128 | -14.4% |
| Total | 1,276 | 1,415 | 1,525 | 1,691 | 9.8% |
Top Suppliers of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 to Estonia in 2022:
- China (242.2K square meters)
- Taiwan (Chinese) (189.1K square meters)
- United Kingdom (48.2K square meters)
- Italy (39.3K square meters)
- Latvia (39.3K square meters)
- Lithuania (32.7K square meters)
- Germany (19.4K square meters)
- Finland (17.6K square meters)
Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Estonia
In 2022, approx. 23K square meters of textile fabrics, rubberised; other than those of heading no. 5902s were exported from Estonia; waning by -30.1% on the year before. Over the period under review, exports saw a sharp slump. The exports peaked at 74K square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of textile fabrics, rubberised; other than those of heading no. 5902s dropped sharply to $82K in 2022. Overall, exports saw a dramatic slump. The growth pace was the most rapid in 2020 with an increase of 62% against the previous year. As a result, the exports reached the peak of $347K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 19.9 | 19.0 | 28.7 | 27.7 | 11.7% |
| Latvia | 130 | 33.6 | 30.0 | 26.4 | -41.2% |
| North Macedonia | 0.7 | 2.9 | 5.9 | 12.5 | 161.4% |
| Lithuania | 2.2 | 2.0 | 15.6 | 6.0 | 39.7% |
| Belarus | 2.9 | 2.3 | N/A | 3.7 | 8.5% |
| Denmark | N/A | 0.1 | N/A | 3.4 | 483.1% |
| Sweden | 9.1 | 5.4 | 3.3 | 0.6 | -59.6% |
| Russia | 2.9 | 49.7 | 1.9 | 0.1 | -67.5% |
| Bulgaria | 7.0 | 211 | N/A | N/A | 2914.3% |
| Dominican Republic | N/A | N/A | 22.9 | N/A | 0% |
| Taiwan (Chinese) | 29.4 | N/A | N/A | N/A | 0% |
| Others | 9.6 | 21.2 | 32.7 | 1.9 | -41.7% |
| Total | 214 | 347 | 141 | 82.2 | -27.3% |
Top Export Markets for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 from Estonia in 2022:
- Latvia (11.4K square meters)
- Finland (6.3K square meters)
- Denmark (1.5K square meters)
- Belarus (1.4K square meters)
- Lithuania (1.1K square meters)
- North Macedonia (0.9K square meters)
- Sweden (0.2K square meters)
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