From 2013 to 2023, the polypropylene market in Estonia showed a fluctuating trend, with a market value standing at 12.126 million Euros in 2023. The market saw notable decreases in 2015 and 2016, followed by moderate recovery. Over the last two years, the market showed slight growth with year-on-year variations slightly over 1%. The 5-year CAGR up to 2023 was nearly stable, reflecting minimal average annual change.
Future trends to watch for include implications from potential changes in oil prices, advancements in recycling technologies affecting polymer demand, and shifts in governmental policies on environmental regulations influencing polypropylene use.
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 3,493,600,000 | 2023 | +6.36% | +6.14% | View data |
| 2 | 2 France | 1,591,200,000 | 2023 | -1.82% | -2.15% | View data |
| 3 | 3 Spain | 1,536,700,000 | 2023 | +2% | +1.78% | View data |
| 4 | 4 United Kingdom | 553,840,000 | 2023 | -1.02% | -2.4% | View data |
| 5 | 5 Hungary | 463,330,000 | 2023 | -1.3% | -2.11% | View data |
| 9 | 9 Ireland | 70,874,000 | 2023 | +1.06% | -0.44% | View data |
| 10 | 10 Finland | 68,676,000 | 2023 | +1.03% | -1.04% | View data |
| 11 | 11 Estonia | 12,126,000 | 2023 | +1.43% | -0.015% | |