Estonia: Wire And Cable Market 2020

Wire And Cable Market Size in Estonia

The revenue of the wire and cable market in Estonia amounted to $X in 2018, growing by X% against the previous year. Overall, wire and cable consumption, however, continues to indicate a pronounced downturn. The pace of growth was the most pronounced in 2018 when the market value increased by X% year-to-year. Over the period under review, the wire and cable market reached its peak figure level at $X in 2008; however, from 2009 to 2018, consumption failed to regain its momentum.

Wire And Cable Production in Estonia

In value terms, wire and cable production totaled $X in 2018 estimated in export prices. Overall, wire and cable production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. In that year, wire and cable production attained its peak level of $X. From 2012 to 2018, wire and cable production growth failed to regain its momentum.

Wire And Cable Exports

Exports from Estonia

In 2018, approx. X tons of insulated wire and cable were exported from Estonia; dropping by -X% against the previous year. Overall, the total exports indicated a temperate expansion from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, wire and cable exports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Estonia exports peaked at X tons in 2017, and then declined slightly in the following year.

In value terms, wire and cable exports totaled $X in 2018. Over the period under review, wire and cable exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Estonia exports peaked at $X in 2011; however, from 2012 to 2018, exports remained at a lower figure.

Exports by Country

China was the major exporter of insulated wire and cable in the world, with the volume of exports resulting at X tons, which was approx. X% of total exports in 2018. Mexico (X tons) ranks second in terms of the total exports with a X% share, followed by Germany (X%) and the U.S. (X%). Italy (X tons), Turkey (X tons), Romania (X tons), the Czech Republic (X tons), Spain (X tons), South Korea (X tons), Poland (X tons) and China, Hong Kong SAR (X tons) took a relatively small share of total exports.

From 2007 to 2018, average annual rates of growth with regard to wire and cable exports from China stood at +X%. At the same time, Romania (+X%), Turkey (+X%), the Czech Republic (+X%), Spain (+X%), Mexico (+X%) and South Korea (+X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Italy, Germany and the U.S. experienced a relatively flat trend pattern. By contrast, Poland (-X%) and China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of China and Romania increased by +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest wire and cable markets from Estonia were China ($X), Mexico ($X) and Germany ($X), together comprising X% of total exports.

Among the main exporting countries, China experienced the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the wire and cable export price in Estonia amounted to $X per ton, picking up by X% against the previous year. Overall, the wire and cable export price, however, continues to indicate a measured slump. The pace of growth was the most pronounced in 2011 when the export price increased by X% year-to-year. In that year, the export prices for insulated wire and cable attained their peak level of $X per ton. From 2012 to 2018, the growth in terms of the export prices for insulated wire and cable failed to regain its momentum.

Prices varied noticeably by the country of origin; the country with the highest price was China, Hong Kong SAR ($X per ton), while Turkey ($X per ton) was amongst the lowest.

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

Wire And Cable Imports

Imports into Estonia

In 2018, approx. X tons of insulated wire and cable were imported into Estonia; picking up by X% against the previous year. Overall, wire and cable imports, however, continue to indicate a temperate deduction. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Estonia imports peaked at X tons in 2008; however, from 2009 to 2018, imports remained at a lower figure.

In value terms, wire and cable imports totaled $X in 2018. In general, wire and cable imports, however, continue to indicate a slight drop. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Estonia imports peaked at $X in 2008; however, from 2009 to 2018, imports failed to regain their momentum.

Imports by Country

The U.S. (X tons) and Germany (X tons) represented roughly X% of total imports of insulated wire and cable in 2018. Mexico (X tons) held a X% share (based on tons) of total imports, which put it in second place, followed by the UK (X%). France (X tons), Japan (X tons), China, Hong Kong SAR (X tons), China (X tons), the Czech Republic (X tons), Canada (X tons), Taiwan, Chinese (X tons) and Spain (X tons) occupied a minor share 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 Taiwan, Chinese, while the other leaders experienced more modest paces of growth.

In value terms, the largest wire and cable importing markets into Estonia were the U.S. ($X), Germany ($X) and Japan ($X), with a combined X% share of total imports. These countries were followed by Mexico, the UK, France, China, China, Hong Kong SAR, Canada, Spain, the Czech Republic, Taiwan, Chinese and Estonia, which together accounted for a further X terms of the main importing countries, the Czech Republic recorded the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The wire and cable import price in Estonia stood at $X per ton in 2018, going down by -X% against the previous year. Over the period under review, the wire and cable import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. Over the period under review, the import prices for insulated wire and cable reached their maximum at $X per ton in 2011; however, from 2012 to 2018, import prices failed to regain their momentum.

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

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

Source: IndexBox Platform