Estonia: Market for Machine-Tools For Working Wood 2019

Market Size for Machine-Tools For Working Wood in Estonia

The revenue of the machine-tool for working wood market in Estonia amounted to $X in 2018, growing by X% against the previous year. In general, machine-tool for working wood consumption continues to indicate a buoyant increase. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. Over the period under review, the machine-tool for working wood market attained its maximum level in 2018 and is expected to retain its growth in the near future.

Production of Machine-Tools For Working Wood in Estonia

In value terms, machine-tool for working wood production amounted to $X in 2018 estimated in export prices. In general, machine-tool for working wood production, however, continues to indicate buoyant growth. The growth pace was the most rapid in 2015 when production volume increased by X% y-o-y. In that year, machine-tool for working wood production reached its peak level of $X. From 2016 to 2018, machine-tool for working wood production growth failed to regain its momentum.

Exports of Machine-Tools For Working Wood

Exports from Estonia

In 2018, the exports of machine-tools for working wood from Estonia totaled X units, rising by X% against the previous year. Overall, machine-tool for working wood exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. In that year, machine-tool for working wood exports attained their peak of X units. From 2015 to 2018, the growth of machine-tool for working wood exports remained at a lower figure.

In value terms, machine-tool for working wood exports totaled $X in 2018. Over the period under review, machine-tool for working wood exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2011 when exports increased by X% year-to-year. Over the period under review, machine-tool for working wood exports reached their maximum at $X in 2016; however, from 2017 to 2018, exports stood at a somewhat lower figure.

Exports by Country

China prevails in machine-tool for working wood exports structure, reaching X units, which was approx. X% of total exports in 2018. Taiwan, Chinese (X units) occupied an X% share (based on tons) of total exports, which put it in second place, followed by Germany (X%). The following exporters - Italy (X units), Belgium (X units), Slovakia (X units), Australia (X units) and Mexico (X units) - together made up X% of total exports.

China experienced a relatively flat trend pattern of machine-tools for working wood exports. At the same time, Slovakia (+X%), Australia (+X%) and Belgium (+X%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, Germany (-X%), Italy (-X%), Mexico (-X%) and Taiwan, Chinese (-X%) illustrated a downward trend over the same period. Slovakia (+X p.p.) significantly strengthened its position in terms of the global exports, while Mexico, Italy, Germany and Taiwan, Chinese saw its share reduced by -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, Germany ($X), Italy ($X) and China ($X) were the countries with the highest levels of exports in 2018, with a combined X% share of total exports. Taiwan, Chinese, Belgium, Estonia, Mexico, Slovakia and Australia lagged somewhat behind, together accounting for a further X recorded the highest rates of growth with regard to exports, in terms of 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 machine-tool for working wood export price in Estonia amounted to $X per unit, rising by X% against the previous year. Over the period under review, the machine-tool for working wood export price continues to indicate slight growth. The growth pace was the most rapid in 2015 an increase of X% against the previous year. Over the period under review, the export prices for machine-tools for working wood attained their maximum at $X per unit in 2011; however, from 2012 to 2018, export prices stood at a somewhat lower figure.

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

Imports of Machine-Tools For Working Wood

Imports into Estonia

In 2018, the amount of machine-tools for working wood imported into Estonia stood at X units, jumping by X% against the previous year. Over the period under review, machine-tool for working wood imports continue to indicate remarkable growth. The pace of growth was the most pronounced in 2010 when imports increased by X% against the previous year. Over the period under review, machine-tool for working wood imports attained their peak figure in 2018 and are likely to see steady growth in the near future.

In value terms, machine-tool for working wood imports amounted to $X in 2018. In general, machine-tool for working wood imports continue to indicate prominent growth. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, machine-tool for working wood imports reached their peak figure in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

In 2018, the UK (X units), Germany (X units) and Poland (X units) represented the largest importers of machine-tools for working wood in the world, committing X% of total import. China (X units) ranks next in terms of the total imports with a X% share, followed by France (X%), Egypt (X%) and Spain (X%). Canada (X units), the Netherlands (X units), Russia (X units), Turkey (X units) and Austria (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 Egypt (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and Russia ($X) were the countries with the highest levels of imports in 2018, together comprising X% of total imports. France, Poland, the UK, Canada, Austria, Spain, the Netherlands, Turkey, Estonia and Egypt lagged somewhat behind, together comprising a further X recorded the highest rates of growth with regard to imports, among 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 machine-tool for working wood import price in Estonia amounted to $X per unit, jumping by X% against the previous year. In general, the machine-tool for working wood import price, however, continues to indicate an abrupt deduction. The pace of growth was the most pronounced in 2018 an increase of X% y-o-y. Over the period under review, the import prices for machine-tools for working wood reached their peak figure at $X per unit in 2007; however, from 2008 to 2018, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform