Estonia: Cutting Blade Market 2020

Cutting Blade Market Size in Estonia

The revenue of the cutting blade market in Estonia amounted to $X in 2018, going down by -X% against the previous year. Overall, cutting blade consumption, however, continues to indicate buoyant growth. The growth pace was the most rapid in 2011 when the market value increased by X% y-o-y. Estonia cutting blade consumption peaked at $X in 2017, and then declined slightly in the following year.

Cutting Blade Production in Estonia

In value terms, cutting blade production amounted to $X in 2018 estimated in export prices. Over the period under review, cutting blade production continues to indicate a deep descent. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. In that year, cutting blade production reached its peak level of $X. From 2011 to 2018, cutting blade production growth remained at a lower figure.

Cutting Blade Exports

Exports from Estonia

In 2018, the amount of knives and cutting blades (for machines or for mechanical appliances) exported from Estonia stood at X tons, remaining relatively unchanged against the previous year. In general, cutting blade exports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Estonia exports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, cutting blade exports stood at $X in 2018. Overall, cutting blade exports continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2011 when exports increased by X% y-o-y. Estonia exports peaked in 2018 and are likely to see steady growth in the near future.

Exports by Country

The countries with the highest levels of cutting blade exports in 2018 were China (X tons), Germany (X tons) and Austria (X tons), together amounting to X% of total export. It was distantly followed by the U.S. (X tons) and the Netherlands (X tons), together achieving a X% share of total exports. The following exporters - France (X tons), the Czech Republic (X tons), Taiwan, Chinese (X tons), Japan (X tons), Italy (X tons), the UK (X tons) and Slovenia (X tons) - together made up X% 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 the Czech Republic, while the other leaders experienced more modest paces of growth.

In value terms, the largest cutting blade markets from Estonia were Germany ($X), the U.S. ($X) and China ($X), together comprising X% of total exports. These countries were followed by Japan, Austria, France, the Netherlands, Italy, the Czech Republic, the UK, Taiwan, Chinese, Slovenia and Estonia, which together accounted for a further X the main exporting countries, the Czech Republic recorded the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the cutting blade export price in Estonia amounted to $X per ton, stabilizing at the previous year. In general, the cutting blade export price, however, continues to indicate a slight descent. The most prominent rate of growth was recorded in 2013 an increase of X% y-o-y. Estonia export price peaked at $X per ton in 2014; however, from 2015 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 Japan ($X per ton), while Austria ($X per ton) was amongst the lowest.

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

Cutting Blade Imports

Imports into Estonia

In 2018, the amount of knives and cutting blades (for machines or for mechanical appliances) imported into Estonia amounted to X tons, coming down by -X% against the previous year. Over the period under review, cutting blade imports, however, continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2011 when imports increased by X% against the previous year. Over the period under review, cutting blade imports attained their maximum at X tons in 2017, and then declined slightly in the following year.

In value terms, cutting blade imports amounted to $X in 2018. In general, the total imports indicated remarkable growth from 2007 to 2018: its value 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, cutting blade imports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2011 when imports increased by X% against the previous year. Estonia imports peaked at $X in 2017, and then declined slightly in the following year.

Imports by Country

The U.S. (X tons) and Germany (X tons) represented roughly X% of total imports of knives and cutting blades (for machines or for mechanical appliances) in 2018. It was followed by France (X tons), achieving a X% share of total imports. The following importers - Russia (X tons), Malaysia (X tons), Japan (X tons), Italy (X tons), Indonesia (X tons), the Netherlands (X tons), Spain (X tons), China (X tons) and Thailand (X tons) - 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 Malaysia, while the other leaders experienced more modest paces of growth.

In value terms, the largest cutting blade 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 Japan, Russia, France, Italy, the Netherlands, Indonesia, Malaysia, Thailand, Spain and Estonia, which together accounted for a further X terms of the main importing countries, Russia recorded the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the cutting blade import price in Estonia amounted to $X per ton, increasing by X% against the previous year. Overall, the cutting blade import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of X% year-to-year. Over the period under review, the import prices for knives and cutting blades (for machines or for mechanical appliances) attained their maximum at $X per ton in 2010; however, from 2011 to 2018, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform