| Product Code: ETC4685090 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Estonia continued to see significant imports of asphalt shingles, with top exporters being Lithuania, Finland, Poland, USA, and Turkey. The market remained highly concentrated, with a high Herfindahl-Hirschman Index (HHI). Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 was strong at 8.95%. This data suggests a stable demand for asphalt shingles in Estonia, with key trading partners contributing to the country`s market dynamics.

The Asphalt Shingles market in Estonia is projected to grow at a negative growth rate of -0.05% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Estonia Asphalt Shingles Market Overview |
3.1 Estonia Country Macro Economic Indicators |
3.2 Estonia Asphalt Shingles Market Revenues & Volume, 2021 & 2031F |
3.3 Estonia Asphalt Shingles Market - Industry Life Cycle |
3.4 Estonia Asphalt Shingles Market - Porter's Five Forces |
3.5 Estonia Asphalt Shingles Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Estonia Asphalt Shingles Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Estonia Asphalt Shingles Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Estonia Asphalt Shingles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Estonia Asphalt Shingles Market Trends |
6 Estonia Asphalt Shingles Market Segmentations |
6.1 Estonia Asphalt Shingles Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Estonia Asphalt Shingles Market Revenues & Volume, By Laminates Asphalt Shingles, 2021-2031F |
6.1.3 Estonia Asphalt Shingles Market Revenues & Volume, By Three-tab Shingles, 2021-2031F |
6.1.4 Estonia Asphalt Shingles Market Revenues & Volume, By Strip, 2021-2031F |
6.1.5 Estonia Asphalt Shingles Market Revenues & Volume, By Luxury shingles, 2021-2031F |
6.2 Estonia Asphalt Shingles Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Estonia Asphalt Shingles Market Revenues & Volume, By Fiberglass, 2021-2031F |
6.2.3 Estonia Asphalt Shingles Market Revenues & Volume, By Organic, 2021-2031F |
6.3 Estonia Asphalt Shingles Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Estonia Asphalt Shingles Market Revenues & Volume, By Fiberglass, 2021-2031F |
6.3.3 Estonia Asphalt Shingles Market Revenues & Volume, By Organic, 2021-2031F |
7 Estonia Asphalt Shingles Market Import-Export Trade Statistics |
7.1 Estonia Asphalt Shingles Market Export to Major Countries |
7.2 Estonia Asphalt Shingles Market Imports from Major Countries |
8 Estonia Asphalt Shingles Market Key Performance Indicators |
9 Estonia Asphalt Shingles Market - Opportunity Assessment |
9.1 Estonia Asphalt Shingles Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Estonia Asphalt Shingles Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Estonia Asphalt Shingles Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Estonia Asphalt Shingles Market - Competitive Landscape |
10.1 Estonia Asphalt Shingles Market Revenue Share, By Companies, 2024 |
10.2 Estonia Asphalt Shingles Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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