Estonia: Harvesting Machinery Market 2020

Harvesting Machinery Market Size in Estonia

The revenue of the harvesting machinery market in Estonia amounted to $X in 2018, surging by X% against the previous year. In general, harvesting machinery consumption continues to indicate a temperate drop. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. In that year, the harvesting machinery market attained its peak level of $X. From 2016 to 2018, the growth of the harvesting machinery market remained at a lower figure.

Harvesting Machinery Production in Estonia

In value terms, harvesting machinery production totaled $X in 2018 estimated in export prices. Overall, harvesting machinery production continues to indicate an abrupt contraction. The pace of growth was the most pronounced in 2009 with an increase of X% y-o-y. In that year, harvesting machinery production attained its peak level of $X. From 2010 to 2018, harvesting machinery production growth failed to regain its momentum.

Harvesting Machinery Exports

Exports from Estonia

Harvesting machinery exports from Estonia totaled X units in 2018, falling by -X% against the previous year. In general, harvesting machinery exports continue to indicate a deep descent. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Estonia exports peaked at X units in 2009; however, from 2010 to 2018, exports remained at a lower figure.

In value terms, harvesting machinery exports totaled $X in 2018. In general, harvesting machinery exports continue to indicate an abrupt drop. The most prominent rate of growth was recorded in 2009 when exports increased by X% y-o-y. In that year, harvesting machinery exports attained their peak of $X. From 2010 to 2018, the growth of harvesting machinery exports failed to regain its momentum.

Exports by Country

Jordan (X units) and Italy (X units) represented the main exporters of root or tuber harvesting machines in 2018, amounting to approx. X% and X% of total exports, respectively. Tunisia (X units) took the next position in the ranking, followed by Russia (X units), Ukraine (X units), China (X units) and Chile (X units). All these countries together occupied near X% share of total exports. The following exporters - Poland (X units), Germany (X units), Malaysia (X units), Belarus (X units) and the UK (X units) - 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 Tunisia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest harvesting machinery supplier from Estonia, comprising X% of global exports. The second position in the ranking was occupied by Poland ($X), with a X% share of global exports. It was followed by Italy, with a X% share.

In Germany, harvesting machinery exports increased at an average annual rate of +X% over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: Poland (+X% per year) and Italy (+X% per year).

Export Prices by Country

The harvesting machinery export price in Estonia stood at $X per unit in 2018, falling by -X% against the previous year. In general, the harvesting machinery export price continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Estonia export price peaked at $X per unit in 2017, and then declined slightly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Germany ($X per unit), while Chile ($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 more modest paces of growth.

Harvesting Machinery Imports

Imports into Estonia

Harvesting machinery imports into Estonia totaled X units in 2018, growing by X% against the previous year. Over the period under review, harvesting machinery imports continue to indicate resilient growth. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Estonia imports peaked at X units in 2015; however, from 2016 to 2018, imports remained at a lower figure.

In value terms, harvesting machinery imports stood at $X in 2018. In general, harvesting machinery imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. Over the period under review, harvesting machinery imports attained their maximum at $X in 2011; however, from 2012 to 2018, imports remained at a lower figure.

Imports by Country

The countries with the highest levels of harvesting machinery imports in 2018 were Belarus (X units), Armenia (X units) and Russia (X units), together finishing at X% of total import. It was distantly followed by France (X units), making up a X% share of total imports. Italy (X units), Canada (X units), the Netherlands (X units), Lithuania (X units) and Poland (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 Armenia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest harvesting machinery importing markets into Estonia were Russia ($X), France ($X) and the Netherlands ($X), with a combined X% share of total imports. Poland, Canada, Belarus, Italy, Lithuania, Estonia and Armenia lagged somewhat behind, together accounting for a further X experienced the highest rates of growth with regard to imports, in terms of 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 harvesting machinery import price in Estonia amounted to $X per unit, rising by X% against the previous year. Overall, the harvesting machinery import price, however, continues to indicate an abrupt reduction. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. Estonia import price peaked 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 the Netherlands ($X per unit), while Armenia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform