Estonia: Lcds And Plasmas Market 2024

Lcds And Plasmas Market Size in Estonia

The Estonian LCDs and plasmas market was estimated at $X in 2022, with an increase of 3.5% against the previous year. Over the period under review, consumption, however, showed a mild decrease. Consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Lcds And Plasmas Production in Estonia

In value terms, LCDs and plasmas production totaled less than $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a precipitous curtailment. The pace of growth appeared the most rapid in 2013 when the production volume decreased by -36.1%. Production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Lcds And Plasmas Exports

Exports from Estonia

In 2022, overseas shipments of flat panel video monitor, lcd or plasma increased by 69% to X units, rising for the third consecutive year after two years of decline. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 465%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, LCDs and plasmas exports skyrocketed to $X in 2022. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 690% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Belgium (X units), Sweden (X units) and the UK (X units) were the main destinations of LCDs and plasmas exports from Estonia, together comprising 90% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of +1,570.5%), while the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Sweden ($X) and Germany ($X) appeared to be the largest markets for LCDs and plasmas exported from Estonia worldwide, together comprising 90% of total exports.

Belgium, with a CAGR of +1,538.3%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average LCDs and plasmas export price stood at $X per unit in 2022, shrinking by -6.8% against the previous year. Over the period under review, the export price continues to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2021 when the average export price increased by 40%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to the UK ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (-1.9%), while the prices for the other major destinations experienced a decline.

Lcds And Plasmas Imports

Imports into Estonia

For the third consecutive year, Estonia recorded decline in overseas purchases of flat panel video monitor, lcd or plasma, which decreased by -26.5% to X units in 2022. In general, imports, however, recorded a measured expansion. The pace of growth appeared the most rapid in 2014 with an increase of 474% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, LCDs and plasmas imports declined markedly to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 53%. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), Vietnam (X units) and Lithuania (X units) were the main suppliers of LCDs and plasmas imports to Estonia, together accounting for 85% of total imports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +163.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest LCDs and plasmas suppliers to Estonia were China ($X), Vietnam ($X) and Lithuania ($X), together accounting for 84% of total imports.

Among the main suppliers, Vietnam, with a CAGR of +146.1%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average LCDs and plasmas import price amounted to $X per unit, with an increase of 5.2% against the previous year. Overall, the import price, however, continues to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2015 when the average import price increased by 122% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Sweden ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (-1.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform