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Estonia - Gum, Wood or Sulphate Turpentine Oils, Pine Oil and Other Alike - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEstonia: Market for Gum, Wood Or Sulphate Turpentine Oils, Pine Oil And Other Alike 2024
Market Size for Gum, Wood Or Sulphate Turpentine Oils, Pine Oil And Other Alike in Estonia
The Estonian gum or wood oils market soared to $X in 2023, increasing by X% against the previous year. Over the period under review, consumption recorded a remarkable increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.
Production of Gum, Wood Or Sulphate Turpentine Oils, Pine Oil And Other Alike in Estonia
In value terms, gum or wood oils production soared to $X in 2023 estimated in export price. Overall, production, however, continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. Gum or wood oils production peaked in 2023 and is expected to retain growth in the immediate term.
Exports of Gum, Wood Or Sulphate Turpentine Oils, Pine Oil And Other Alike
Exports from Estonia
After two years of growth, overseas shipments of gum, wood or sulphate turpentine oils, pine oil and other alike decreased by X% to X tons in 2023. Overall, exports saw a abrupt curtailment. The pace of growth was the most pronounced in 2017 when exports increased by X%. The exports peaked at X tons in 2022, and then contracted notably in the following year.
In value terms, gum or wood oils exports shrank notably to $X in 2023. In general, exports recorded a mild setback. The pace of growth was the most pronounced in 2017 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2022, and then fell dramatically in the following year.
Exports by Country
Lithuania (X tons), Latvia (X tons) and Finland (X tons) were the main destinations of gum or wood oils exports from Estonia, together accounting for X% of total exports.
From 2012 to 2023, the biggest increases were recorded for Lithuania (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the largest markets for gum or wood oils exported from Estonia were Latvia ($X), Lithuania ($X) and Finland ($X), together comprising X% of total exports.
Lithuania, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2023, the average gum or wood oils export price amounted to $X per ton, jumping by X% against the previous year. Overall, the export price enjoyed a prominent increase. The pace of growth was the most pronounced in 2016 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure in 2023 and is likely to see steady growth in years to come.
Average prices varied noticeably for the major external markets. In 2023, amid the top suppliers, the countries with the highest prices were Serbia ($X per ton) and Latvia ($X per ton), while the average price for exports to Finland ($X per ton) and Lithuania ($X per ton) were amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Gum, Wood Or Sulphate Turpentine Oils, Pine Oil And Other Alike
Imports into Estonia
Gum or wood oils imports into Estonia soared to X tons in 2023, growing by X% against the previous year. Overall, imports showed a strong expansion. Imports peaked at X tons in 2019; however, from 2020 to 2023, imports remained at a lower figure.
In value terms, gum or wood oils imports surged to $X in 2023. Over the period under review, imports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, imports attained the peak of $X. From 2020 to 2023, the growth of imports remained at a somewhat lower figure.
Imports by Country
Portugal (X tons), Belarus (X tons) and France (X tons) were the main suppliers of gum or wood oils imports to Estonia, with a combined X% share of total imports.
From 2012 to 2023, the biggest increases were recorded for France (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Germany ($X), Portugal ($X) and Belarus ($X) were the largest gum or wood oils suppliers to Estonia, together accounting for X% of total imports. France and Latvia lagged somewhat behind, together comprising a further X%.
In terms of the main suppliers, France, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average gum or wood oils import price stood at $X per ton in 2023, which is down by X% against the previous year. Over the period under review, the import price showed a slight contraction. The pace of growth was the most pronounced in 2018 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2022, and then shrank notably in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.
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This report provides an in-depth analysis of the market for gum or wood oils in Estonia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20147140 - Gum, wood or sulphate turpentine oils, pine oil and other alike
Country coverage:
- Estonia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Estonia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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