Estonia: Sealed Beam Market 2025

Sealed Beam Market Size in Estonia

In 2022, the Estonian sealed beam market decreased by -7% to $X, falling for the third consecutive year after two years of growth. Overall, consumption saw a precipitous slump. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Sealed Beam Exports

Exports from Estonia

After two years of growth, shipments abroad of sealed beam lamp units decreased by -44.5% to X units in 2022. In general, exports showed a dramatic downturn. The growth pace was the most rapid in 2021 when exports increased by 132%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, sealed beam exports reduced remarkably to $X in 2022. Over the period under review, exports continue to indicate a precipitous setback. The growth pace was the most rapid in 2021 when exports increased by 152%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Norway (X units) was the main destination for sealed beam exports from Estonia, with a 57% share of total exports. Moreover, sealed beam exports to Norway exceeded the volume sent to the second major destination, Kazakhstan (X units), threefold. The third position in this ranking was taken by Latvia (X units), with a 14% share.

From 2012 to 2022, the average annual growth rate of volume to Norway amounted to +11.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (-14.4% per year) and Latvia (+2.0% per year).

In value terms, the largest markets for sealed beam exported from Estonia were Kazakhstan ($X), Latvia ($X) and Germany ($X), together accounting for 83% of total exports. Norway, Turkmenistan and Lithuania lagged somewhat behind, together comprising a further 16%.

Norway, with a CAGR of +16.3%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average sealed beam export price amounted to $X per unit, with an increase of 23% against the previous year. Over the period under review, the export price enjoyed perceptible growth. The pace of growth appeared the most rapid in 2016 an increase of 141% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Norway ($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 Kazakhstan (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.

Sealed Beam Imports

Imports into Estonia

In 2022, supplies from abroad of sealed beam lamp units decreased by -13.9% to X units, falling for the third year in a row after two years of growth. In general, imports showed a precipitous curtailment. The growth pace was the most rapid in 2018 when imports increased by 132%. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, sealed beam imports rose slightly to $X in 2022. Overall, imports showed a significant decrease. The most prominent rate of growth was recorded in 2019 when imports increased by 38% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of sealed beam to Estonia, accounting for a 66% share of total imports. Moreover, sealed beam imports from China exceeded the figures recorded by the second-largest supplier, Slovakia (X units), threefold. The United States (X units) ranked third in terms of total imports with a 3.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to -40.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (+43.5% per year) and the United States (+7.2% per year).

In value terms, the largest sealed beam suppliers to Estonia were Lithuania ($X), China ($X) and the United States ($X), with a combined 63% share of total imports.

Lithuania, with a CAGR of +15.7%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average sealed beam import price stood at $X per unit in 2022, rising by 21% against the previous year. Overall, the import price, however, saw a perceptible reduction. The growth pace was the most rapid in 2020 an increase of 43% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lithuania ($X per unit), while the price for Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+25.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform