| 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 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.

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 |