Estonia Sandalwood Oil Market (2025-2031) | Analysis, Growth, Value, Revenue, Companies, Forecast, Share, Industry, Size, Segmentation, Outlook & Trends

Market Forecast By Type (Natural Sandalwood Oil, Lab Created Sandalwood Oil), By Application (Personal Care, Pharmaceuticals, Aromatherapy, Others) And Competitive Landscape
Product Code: ETC5316308 Publication Date: Nov 2023 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 60 No. of Figures: 30 No. of Tables: 5

Estonia Sandalwood Oil Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Estonia continues to see significant imports of sandalwood oil in 2024, with top exporting countries including Spain, Metropolitan France, Germany, India, and Poland. The market remains highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). However, there has been a notable decline in the Compound Annual Growth Rate (CAGR) from 2020 to 2024, with a negative figure of -41.95%. Furthermore, the growth rate from 2023 to 2024 experienced a sharp decline of -75.47%, reflecting potential challenges or shifts in the sandalwood oil market dynamics.

Estonia Sandalwood Oil Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

  • Estonia Sandalwood Oil Market Outlook
  • Market Size of Estonia Sandalwood Oil Market, 2024
  • Forecast of Estonia Sandalwood Oil Market, 2031
  • Historical Data and Forecast of Estonia Sandalwood Oil Revenues & Volume for the Period 2021-2031
  • Estonia Sandalwood Oil Market Trend Evolution
  • Estonia Sandalwood Oil Market Drivers and Challenges
  • Estonia Sandalwood Oil Price Trends
  • Estonia Sandalwood Oil Porter`s Five Forces
  • Estonia Sandalwood Oil Industry Life Cycle
  • Historical Data and Forecast of Estonia Sandalwood Oil Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Estonia Sandalwood Oil Market Revenues & Volume By Natural Sandalwood Oil for the Period 2021-2031
  • Historical Data and Forecast of Estonia Sandalwood Oil Market Revenues & Volume By Lab Created Sandalwood Oil for the Period 2021-2031
  • Historical Data and Forecast of Estonia Sandalwood Oil Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Estonia Sandalwood Oil Market Revenues & Volume By Personal Care for the Period 2021-2031
  • Historical Data and Forecast of Estonia Sandalwood Oil Market Revenues & Volume By Pharmaceuticals for the Period 2021-2031
  • Historical Data and Forecast of Estonia Sandalwood Oil Market Revenues & Volume By Aromatherapy for the Period 2021-2031
  • Historical Data and Forecast of Estonia Sandalwood Oil Market Revenues & Volume By Others for the Period 2021-2031
  • Estonia Sandalwood Oil Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • Estonia Sandalwood Oil Top Companies Market Share
  • Estonia Sandalwood Oil Competitive Benchmarking By Technical and Operational Parameters
  • Estonia Sandalwood Oil Company Profiles
  • Estonia Sandalwood Oil Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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 Sandalwood Oil Market Overview

3.1 Estonia Country Macro Economic Indicators

3.2 Estonia Sandalwood Oil Market Revenues & Volume, 2021 & 2031F

3.3 Estonia Sandalwood Oil Market - Industry Life Cycle

3.4 Estonia Sandalwood Oil Market - Porter's Five Forces

3.5 Estonia Sandalwood Oil Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Estonia Sandalwood Oil Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Estonia Sandalwood Oil Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for natural and organic products in the beauty and personal care industry

4.2.2 Growing popularity of aromatherapy and essential oils for health and wellness purposes

4.2.3 Rising awareness about the benefits of sandalwood oil in skincare and fragrance products

4.3 Market Restraints

4.3.1 Limited availability of sandalwood trees due to overharvesting and slow growth rate

4.3.2 Fluctuating prices of sandalwood oil due to supply constraints and market dynamics

4.3.3 Strict regulations on the harvesting and trade of sandalwood to prevent illegal logging

5 Estonia Sandalwood Oil Market Trends

6 Estonia Sandalwood Oil Market Segmentations

6.1 Estonia Sandalwood Oil Market, By Type

6.1.1 Overview and Analysis

6.1.2 Estonia Sandalwood Oil Market Revenues & Volume, By Natural Sandalwood Oil, 2021-2031F

6.1.3 Estonia Sandalwood Oil Market Revenues & Volume, By Lab Created Sandalwood Oil, 2021-2031F

6.2 Estonia Sandalwood Oil Market, By Application

6.2.1 Overview and Analysis

6.2.2 Estonia Sandalwood Oil Market Revenues & Volume, By Personal Care, 2021-2031F

6.2.3 Estonia Sandalwood Oil Market Revenues & Volume, By Pharmaceuticals, 2021-2031F

6.2.4 Estonia Sandalwood Oil Market Revenues & Volume, By Aromatherapy, 2021-2031F

6.2.5 Estonia Sandalwood Oil Market Revenues & Volume, By Others, 2021-2031F

7 Estonia Sandalwood Oil Market Import-Export Trade Statistics

7.1 Estonia Sandalwood Oil Market Export to Major Countries

7.2 Estonia Sandalwood Oil Market Imports from Major Countries

8 Estonia Sandalwood Oil Market Key Performance Indicators

8.1 Sustainability Index of Sandalwood Plantations

8.2 Consumer Adoption Rate of Sandalwood-based Products

8.3 Research and Development Investment in Sandalwood Oil Extraction Technologies

9 Estonia Sandalwood Oil Market - Opportunity Assessment

9.1 Estonia Sandalwood Oil Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Estonia Sandalwood Oil Market Opportunity Assessment, By Application, 2021 & 2031F

10 Estonia Sandalwood Oil Market - Competitive Landscape

10.1 Estonia Sandalwood Oil Market Revenue Share, By Companies, 2024

10.2 Estonia Sandalwood Oil Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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