Estonia: Book Folding Machine Market 2025

Book Folding Machine Market Size in Estonia

The Estonian book folding machine market skyrocketed to $X in 2022, picking up by 414% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a significant increase. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Book Folding Machine Exports

Exports from Estonia

Book folding machine exports from Estonia dropped remarkably to X units in 2022, falling by -48.3% on the previous year's figure. Over the period under review, exports recorded a deep setback. The pace of growth was the most pronounced in 2021 when exports increased by 2,871% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, book folding machine exports surged to $X in 2022. In general, exports, however, showed measured growth. The most prominent rate of growth was recorded in 2013 with an increase of 858%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Lithuania (X units) was the main destination for book folding machine exports from Estonia, accounting for a 94% share of total exports. Moreover, book folding machine exports to Lithuania exceeded the volume sent to the second major destination, Albania (X units), more than tenfold. Russia (X units) ranked third in terms of total exports with a 0.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Lithuania stood at +84.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Albania (0.0% per year) and Russia (-41.9% per year).

In value terms, Lithuania ($X) emerged as the key foreign market for folding machines for books exports from Estonia, comprising 91% of total exports. The second position in the ranking was taken by Albania ($X), with a 3.7% share of total exports. It was followed by Russia, with a 0.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Lithuania stood at +64.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Albania (0.0% per year) and Russia (-28.1% per year).

Export Prices by Country

In 2022, the average book folding machine export price amounted to $X per unit, increasing by 276% against the previous year. In general, the export price saw prominent growth. The pace of growth was the most pronounced in 2013 an increase of 583% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the average 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 ($X per unit), while the average price for exports to Albania ($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 Russia (+28.3%), while the prices for the other major destinations experienced more modest paces of growth.

Book Folding Machine Imports

Imports into Estonia

Book folding machine imports into Estonia skyrocketed to X units in 2022, surging by 90% against 2021 figures. Over the period under review, imports posted resilient growth. The pace of growth appeared the most rapid in 2017 when imports increased by 409% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, book folding machine imports surged to $X in 2022. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of 304% against the previous year. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of book folding machine to Estonia, with a 66% share of total imports. Moreover, book folding machine imports from China exceeded the figures recorded by the second-largest supplier, Switzerland (X units), threefold. Poland (X units) ranked third in terms of total imports with a 6.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +39.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (+10.8% per year) and Poland (+50.2% per year).

In value terms, China ($X), Switzerland ($X) and Japan ($X) were the largest book folding machine suppliers to Estonia, with a combined 94% share of total imports.

Among the main suppliers, China, with a CAGR of +48.9%, recorded 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 book folding machine import price amounted to $X per unit, dropping by -2.3% against the previous year. Overall, the import price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2019 an increase of 170% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+16.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform