Estonia: Market for Lathes For Removing Metal 2019

Market Size for Lathes For Removing Metal in Estonia

The revenue of the lathe for removing metal market in Estonia amounted to $X in 2018, increasing by X% 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). Overall, lathe for removing metal consumption continues to indicate a temperate setback. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. In that year, the lathe for removing metal market reached its peak level of $X. From 2015 to 2018, the growth of the lathe for removing metal market failed to regain its momentum.

Exports of Lathes For Removing Metal

Exports from Estonia

In 2018, the amount of lathes for removing metal exported from Estonia amounted to X units, declining by -X% against the previous year. Over the period under review, lathe for removing metal exports continue to indicate a drastic slump. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Estonia exports peaked at X units in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, lathe for removing metal exports amounted to $X in 2018. In general, lathe for removing metal exports continue to indicate a strong expansion. The growth pace was 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 near future.

Exports by Country

In 2018, New Zealand (X units), distantly followed by Taiwan, Chinese (X units), India (X units), China (X units), Japan (X units), Portugal (X units) and South Korea (X units) represented the key exporters of lathes for removing metal, together generating X% of total exports. The U.S. (X units), the UK (X units), Belgium (X units), Germany (X units) and Singapore (X units) occupied a relatively small share of total exports.

New Zealand was also the fastest-growing in terms of the lathes for removing metal exports, with a CAGR of +X% from 2007 to 2018. At the same time, Portugal (+X%) and Belgium (+X%) displayed positive paces of growth. By contrast, South Korea (-X%), India (-X%), the U.S. (-X%), Singapore (-X%), Germany (-X%), the UK (-X%), Taiwan, Chinese (-X%), China (-X%) and Japan (-X%) illustrated a downward trend over the same period. New Zealand (+X p.p.), Portugal (+X p.p.) and Belgium (+X p.p.) significantly strengthened its position in terms of the global exports, while the U.S., India, Singapore, Germany, the UK, China, Taiwan, Chinese and Japan saw its share reduced by -X%, -X%, -X%, -X%, -X%, -X%, -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X), Germany ($X) and South Korea ($X) were the countries with the highest levels of exports in 2018, with a combined X% share of total exports. Taiwan, Chinese, China, Belgium, the U.S., the UK, Singapore, India, Estonia, Portugal and New Zealand lagged somewhat behind, together comprising a further X experienced the highest growth rate of 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 lathe for removing metal export price in Estonia amounted to $X per unit, increasing by X% against the previous year. In general, the lathe for removing metal export price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2017 an increase of X% year-to-year. Estonia export price peaked in 2018 and is expected to retain its growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Germany ($X per unit), while New Zealand ($X per unit) 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.

Imports of Lathes For Removing Metal

Imports into Estonia

In 2018, approx. X units of lathes for removing metal were imported into Estonia; dropping by -X% against the previous year. Overall, lathe for removing metal imports continue to indicate an abrupt decline. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. In that year, lathe for removing metal imports reached their peak of X units. From 2015 to 2018, the growth of lathe for removing metal imports remained at a somewhat lower figure.

In value terms, lathe for removing metal imports totaled $X in 2018. Over the period under review, lathe for removing metal imports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. In that year, lathe for removing metal imports attained their peak of $X. From 2012 to 2018, the growth of lathe for removing metal imports remained at a lower figure.

Imports by Country

Saudi Arabia prevails in lathe for removing metal imports structure, finishing at X units, which was approx. X% of total imports in 2018. It was distantly followed by the Philippines (X units), achieving a X% share of total imports. The following importers - Uganda (X units) and Germany (X units) - each recorded a X% share of total imports.

Imports into Saudi Arabia increased at an average annual rate of +X% from 2007 to 2018. At the same time, Uganda (+X%) and the Philippines (+X%) displayed positive paces of growth. Moreover, Uganda emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. By contrast, Germany (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Saudi Arabia, the Philippines and Uganda increased by +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported lathes for removing metal into Estonia, comprising X% of global imports. The second position in the ranking was occupied by the Philippines ($X), with a X% share of global imports. It was followed by Saudi Arabia, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in Germany amounted to -X%. In the other countries, the average annual rates were as follows: the Philippines (+X% per year) and Saudi Arabia (+X% per year).

Import Prices by Country

The lathe for removing metal import price in Estonia stood at $X per unit in 2018, picking up by X% against the previous year. Over the period under review, the lathe for removing metal import price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2015 when the import price increased by X% against the previous year. Over the period under review, the import prices for lathes for removing metal attained their maximum in 2018 and is likely to see steady growth in the near future.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform