Estonia: Measuring Instrument Market 2020

Measuring Instrument Market Size in Estonia

The revenue of the measuring instrument market in Estonia amounted to $X in 2018, growing by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Estonia measuring instrument consumption peaked in 2018 and is expected to retain its growth in the near future.

Measuring Instrument Production in Estonia

In value terms, measuring instrument production stood at $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. Over the period under review, measuring instrument production attained its peak figure level in 2018 and is expected to retain its growth in the immediate term.

Measuring Instrument Exports

Exports from Estonia

In 2018, approx. X units of instruments and apparatus for measuring or checking the flow or level of liquids were exported from Estonia; coming down by -X% against the previous year. Over the period under review, measuring instrument exports, however, continue to indicate a remarkable expansion. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, measuring instrument exports reached their maximum at X units in 2015; however, from 2016 to 2018, exports remained at a lower figure.

In value terms, measuring instrument exports amounted to $X in 2018. In general, measuring instrument exports, however, continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2011 when exports increased by X% year-to-year. Estonia exports peaked at $X in 2015; however, from 2016 to 2018, exports remained at a lower figure.

Exports by Country

In 2018, Germany (X units), China (X units), Japan (X units), Mexico (X units), Luxembourg (X units), the Czech Republic (X units) and Switzerland (X units) were the main exporters of instruments and apparatus for measuring or checking the flow or level of liquids in the world, committing X% of total export. Malaysia (X units), Italy (X units), South Korea (X units), the Philippines (X units) and the U.S. (X units) took a little share of total exports.

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

In value terms, Germany ($X), the U.S. ($X) and China ($X) appeared to be the countries with the highest levels of exports in 2018, with a combined X% share of total exports. These countries were followed by Japan, Italy, Mexico, Switzerland, the Czech Republic, Malaysia, South Korea, the Philippines, Luxembourg and Estonia, which together accounted for a further X Philippines experienced 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 measuring instrument export price in Estonia amounted to $X per unit, waning by -X% against the previous year. In general, the measuring instrument export price continues to indicate a deep drop. The most prominent rate of growth was recorded in 2013 when the export price increased by X% year-to-year. Over the period under review, the export prices for instruments and apparatus for measuring or checking the flow or level of liquids attained their peak figure at $X per unit in 2007; however, from 2008 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per unit), while Luxembourg ($X per unit) was amongst the lowest.

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

Measuring Instrument Imports

Imports into Estonia

In 2018, approx. X units of instruments and apparatus for measuring or checking the flow or level of liquids were imported into Estonia; rising by X% against the previous year. Overall, measuring instrument imports continue to indicate remarkable growth. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Estonia imports peaked in 2018 and are likely to see steady growth in the near future.

In value terms, measuring instrument imports totaled $X in 2018. Over the period under review, measuring instrument imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Over the period under review, measuring instrument imports attained their peak figure at $X in 2013; however, from 2014 to 2018, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of measuring instrument imports in 2018 were the U.S. (X units), China (X units), Germany (X units), Mozambique (X units), Poland (X units) and the Czech Republic (X units), together finishing at X% of total import. Hungary (X units), the UK (X units), Ukraine (X units), France (X units), Mexico (X units) and Canada (X units) followed a long way behind the leaders.

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 largest measuring instrument importing markets into Estonia were the U.S. ($X), Germany ($X) and China ($X), with a combined X% share of total imports. These countries were followed by France, the UK, Canada, Mexico, Poland, the Czech Republic, Hungary, Ukraine, Estonia and Mozambique, which together accounted for a further X experienced the highest growth rate of imports, in terms of the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the measuring instrument import price in Estonia amounted to $X per unit, coming down by -X% against the previous year. In general, the measuring instrument import price continues to indicate a drastic deduction. The growth pace was the most rapid in 2011 an increase of X% against the previous year. In that year, the import prices for instruments and apparatus for measuring or checking the flow or level of liquids attained their peak level of $X per unit. From 2012 to 2018, the growth in terms of the import prices for instruments and apparatus for measuring or checking the flow or level of liquids remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Canada ($X per unit), while Mozambique ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform