Estonia: Generator Market 2020

Generator Market Size in Estonia

The revenue of the generator market in Estonia amounted to $X in 2018, going up by X% against the previous year. Over the period under review, generator consumption, however, continues to indicate a drastic decrease. The most prominent rate of growth was recorded in 2012 when the market value increased by X% y-o-y. Estonia generator consumption peaked at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Generator Production in Estonia

In value terms, generator production stood at $X in 2018 estimated in export prices. In general, generator production continues to indicate a sharp curtailment. The pace of growth appeared the most rapid in 2012 with a decrease of -X% year-to-year. Estonia generator production peaked at $X in 2007; however, from 2008 to 2018, production failed to regain its momentum.

Generator Exports

Exports from Estonia

In 2018, the exports of electric generating sets and rotary converters from Estonia totaled X units, growing by X% against the previous year. In general, generator exports continue to indicate an outstanding expansion. The pace of growth appeared the most rapid in 2017 when exports increased by X% y-o-y. Estonia exports peaked in 2018 and are likely to see steady growth in the near future.

In value terms, generator exports totaled $X in 2018. In general, generator exports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% y-o-y. In that year, generator exports reached their peak of $X. From 2014 to 2018, the growth of generator exports remained at a somewhat lower figure.

Exports by Country

China was the major exporting country with an export of about X units, which recorded X% of total exports. Spain (X units) took the second position in the ranking, followed by the United Arab Emirates (X units), Japan (X units) and Thailand (X units). All these countries together held near X% share of total exports. The following exporters - Germany (X units), France (X units), China, Hong Kong SAR (X units) and the UK (X units) - together made up X% of total exports.

From 2007 to 2018, average annual rates of growth with regard to generator exports from China stood at -X%. At the same time, Thailand (+X%), the United Arab Emirates (+X%) and Spain (+X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Japan experienced a relatively flat trend pattern. By contrast, France (-X%), China, Hong Kong SAR (-X%), the UK (-X%) and Germany (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of the United Arab Emirates, Spain and Thailand increased by +X%, +X% and +X% percentage points, while the UK (-X p.p.), Germany (-X p.p.) and China (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest generator markets from Estonia were China ($X), Germany ($X) and Spain ($X), with a combined X% share of total exports. These countries were followed by the UK, Japan, France, Thailand, China, Hong Kong SAR, the United Arab Emirates and Estonia, which together accounted for a further X recorded the highest rates of growth with regard to exports, among the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the generator export price in Estonia amounted to $X per unit, declining by -X% against the previous year. Overall, the generator export price continues to indicate a deep shrinkage. The growth pace was the most rapid in 2012 an increase of X% y-o-y. Over the period under review, the export prices for electric generating sets and rotary converters reached their peak figure at $X per unit in 2007; however, from 2008 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Germany ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the other leaders experienced more modest paces of growth.

Generator Imports

Imports into Estonia

In 2018, the amount of electric generating sets and rotary converters imported into Estonia amounted to X units, falling by -X% against the previous year. Over the period under review, generator imports continue to indicate a deep curtailment. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. In that year, generator imports reached their peak of X units. From 2012 to 2018, the growth of generator imports failed to regain its momentum.

In value terms, generator imports stood at $X in 2018. Over the period under review, generator imports continue to indicate a moderate drop. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, generator imports attained their peak figure at $X in 2012; however, from 2013 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, South Africa (X units), Mozambique (X units), Angola (X units), the U.S. (X units) and Nigeria (X units) represented the largest importers of electric generating sets and rotary converters in the world, creating X% of total import. It was distantly followed by Malaysia (X units), mixing up a X% share of total imports. The following importers - Russia (X units), Canada (X units), Greece (X units), Germany (X units) and Australia (X units) - together made up X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Mozambique (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Germany ($X) and Russia ($X) constituted the countries with the highest levels of imports in 2018, with a combined X% share of total imports. These countries were followed by Canada, Australia, South Africa, Nigeria, Greece, Malaysia, Angola, Estonia and Mozambique, which together accounted for a further X terms of the main importing countries, South Africa experienced the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the generator import price in Estonia amounted to $X per unit, falling by -X% against the previous year. In general, the generator import price, however, continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2009 when the import price increased by X% against the previous year. Over the period under review, the import prices for electric generating sets and rotary converters attained their maximum at $X per unit in 2017, and then declined slightly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Germany ($X per unit), while Mozambique ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform