Estonia: Market for Motor Vehicle Chassis Fitted With Engines 2025

Market Size for Motor Vehicle Chassis Fitted With Engines in Estonia

After two years of growth, the Estonian market for motor vehicle chassis fitted with engines decreased by -48.5% to $X in 2022. Over the period under review, consumption showed a abrupt contraction. Consumption of peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Production of Motor Vehicle Chassis Fitted With Engines in Estonia

In value terms, production of motor vehicle chassis fitted with engines expanded sharply to $X in 2022 estimated in export price. Overall, production, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2016 with an increase of 54%. Production of peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Motor Vehicle Chassis Fitted With Engines

Exports from Estonia

In 2022, after two years of decline, there was significant growth in overseas shipments of motor vehicle chassis fitted with engines, when their volume increased by 729% to X units. In general, exports, however, continue to indicate a abrupt decrease. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, exports of motor vehicle chassis fitted with engines skyrocketed to $X in 2022. Over the period under review, exports enjoyed a perceptible expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 1,000%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Lithuania (X units), Uzbekistan (X units) and Chile (X units) were the main destinations of exports of motor vehicle chassis fitted with engines from Estonia, together comprising 99% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lithuania (with a CAGR of +112.9%), while the other leaders experienced mixed trend patterns.

In value terms, Uzbekistan ($X) remains the key foreign market for motor vehicle chassis fitted with engines exports from Estonia, comprising 86% of total exports. The second position in the ranking was taken by Lithuania ($X), with an 11% share of total exports. It was followed by Chile, with a 1.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Uzbekistan totaled +32.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (+64.9% per year) and Chile (0.0% per year).

Export Prices by Country

In 2022, the average export price for motor vehicle chassis fitted with engines amounted to $X per unit, reducing by -23.7% against the previous year. Overall, the export price, however, showed buoyant growth. The most prominent rate of growth was recorded in 2014 an increase of 3,651%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($X per unit), while the average price for exports to Lithuania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+72.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Motor Vehicle Chassis Fitted With Engines

Imports into Estonia

Imports of motor vehicle chassis fitted with engines into Estonia reduced rapidly to X units in 2022, which is down by -59.1% against the previous year. In general, imports saw a deep downturn. The most prominent rate of growth was recorded in 2017 with an increase of 529%. Over the period under review, imports of attained the maximum at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, imports of motor vehicle chassis fitted with engines declined notably to $X in 2022. Over the period under review, imports saw a dramatic decline. The growth pace was the most rapid in 2021 with an increase of 589% against the previous year. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Italy (X units) was the main supplier of motor vehicle chassis fitted with engines to Estonia, accounting for a 96% share of total imports. Moreover, imports of motor vehicle chassis fitted with engines from Italy exceeded the figures recorded by the second-largest supplier, China (X units), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from Italy totaled +38.5%.

In value terms, Italy ($X) constituted the largest supplier of motor vehicle chassis fitted with engines to Estonia, comprising 99.9% of total imports. The second position in the ranking was taken by China ($X), with less than 0.1% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Italy stood at +32.3%.

Import Prices by Country

In 2022, the average import price for motor vehicle chassis fitted with engines amounted to $X per unit, which is down by -66.4% against the previous year. Over the period under review, the import price showed a abrupt downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by 151% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for China totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+24.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform