Estonia: Laser Market 2020

Laser Market Size in Estonia

The revenue of the laser market in Estonia amounted to $X in 2018, falling by -X% against the previous year. Overall, laser consumption continues to indicate a moderate setback. The pace of growth appeared the most rapid in 2016 when the market value increased by X% y-o-y. Estonia laser consumption peaked at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Laser Production in Estonia

In value terms, laser production amounted to $X in 2018 estimated in export prices. Over the period under review, laser production, however, continues to indicate a drastic drop. The most prominent rate of growth was recorded in 2014 when production volume increased by X% y-o-y. Over the period under review, laser production reached its maximum level at $X in 2007; however, from 2008 to 2018, production remained at a lower figure.

Laser Exports

Exports from Estonia

Laser exports from Estonia totaled X units in 2018, going up by X% against the previous year. Over the period under review, laser exports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Over the period under review, laser exports attained their maximum at X units in 2015; however, from 2016 to 2018, exports failed to regain their momentum.

In value terms, laser exports amounted to $X in 2018. Overall, laser exports continue to indicate a deep descent. The pace of growth appeared the most rapid in 2014 when exports increased by X% y-o-y. Over the period under review, laser exports attained their maximum at $X in 2016; however, from 2017 to 2018, exports failed to regain their momentum.

Exports by Country

China, Hong Kong SAR (X units) and China (X units) represented the key exporters of lasers, other than laser diodes in 2018, recording near X% and X% of total exports, respectively. Taiwan, Chinese (X units) held the next position in the ranking, followed by Japan (X units). All these countries together took approx. X% 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 Japan (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest laser markets from Estonia were China, Hong Kong SAR ($X), China ($X) and Japan ($X), together comprising X% of total exports. Taiwan, Chinese and Estonia lagged somewhat behind, together accounting for a further X the main exporting countries, Taiwan, Chinese 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 laser export price in Estonia amounted to $X per unit, declining by -X% against the previous year. In general, the laser export price continues to indicate a drastic setback. The most prominent rate of growth was recorded in 2016 an increase of X% y-o-y. Estonia export price peaked at $X per unit in 2010; however, from 2011 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($X per unit), while China ($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, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Laser Imports

Imports into Estonia

In 2018, the amount of lasers, other than laser diodes imported into Estonia amounted to X units, falling by -X% against the previous year. In general, laser imports continue to indicate a precipitous decline. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. Estonia imports peaked at X units in 2016; however, from 2017 to 2018, imports stood at a somewhat lower figure.

In value terms, laser imports stood at $X in 2018. In general, laser imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Estonia imports peaked at $X in 2014; however, from 2015 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, China (X units), China, Hong Kong SAR (X units) and Vietnam (X units) were the largest importers of lasers, other than laser diodes in the world, comprising X% of total import. The U.S. (X units) ranks next in terms of the total imports with a X% share, followed by Luxembourg (X%). Argentina (X units) and Japan (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 Luxembourg (+X% per year), while the other leaders experienced mixed trends in the imports figures.

In value terms, China ($X) constitutes the largest market for imported lasers, other than laser diodes into Estonia, comprising X% of global imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of global imports. It was followed by Japan, with a X% share.

From 2007 to 2018, the average annual growth rate of value in China amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and Japan (+X% per year).

Import Prices by Country

The laser import price in Estonia stood at $X per unit in 2018, increasing by X% against the previous year. Over the period under review, the laser import price continues to indicate outstanding growth. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the import prices for lasers, other than laser diodes attained their maximum at $X per unit in 2012; however, from 2013 to 2018, import prices failed to regain their momentum.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Vietnam (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform