Estonia: Threshing Machinery Market 2020

Threshing Machinery Market Size in Estonia

The revenue of the threshing machinery market in Estonia amounted to $X in 2018, reducing by -X% against the previous year. Overall, threshing machinery consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the market value increased by X% y-o-y. In that year, the threshing machinery market attained its peak level of $X. From 2015 to 2018, the growth of the threshing machinery market failed to regain its momentum.

Threshing Machinery Production in Estonia

In value terms, threshing machinery production totaled $X in 2018 estimated in export prices. In general, threshing machinery production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when production volume increased by X% against the previous year. In that year, threshing machinery production attained its peak level of $X. From 2015 to 2018, threshing machinery production growth remained at a lower figure.

Threshing Machinery Exports

Exports from Estonia

In 2018, the threshing machinery exports from Estonia totaled X units, surging by X% against the previous year. In general, threshing machinery exports continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. In that year, threshing machinery exports reached their peak of X units. From 2015 to 2018, the growth of threshing machinery exports remained at a somewhat lower figure.

In value terms, threshing machinery exports amounted to $X in 2018. Over the period under review, threshing machinery exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. In that year, threshing machinery exports reached their peak of $X. From 2011 to 2018, the growth of threshing machinery exports remained at a lower figure.

Exports by Country

In 2018, Brazil (X units) represented the largest exporter of threshing machinery except combine harvester-threshers, achieving X% of total exports. China (X units) ranks second in terms of the total exports with a X% share, followed by Italy (X%) and India (X%). Turkey (X units), Belarus (X units) and Uganda (X units) occupied a minor share 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 Uganda (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Belarus ($X), Italy ($X) and Brazil ($X) constituted the countries with the highest levels of exports in 2018, together comprising X% of total exports. These countries were followed by Turkey, China, India, Estonia and Uganda, which together accounted for a further X the main exporting countries, Uganda recorded the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The threshing machinery export price in Estonia stood at $X per unit in 2018, falling by -X% against the previous year. Over the period under review, the threshing machinery export price continues to indicate an abrupt decline. The most prominent rate of growth was recorded in 2010 when the export price increased by X% y-o-y. In that year, the export prices for threshing machinery except combine harvester-threshers attained their peak level of $X per unit. From 2011 to 2018, the growth in terms of the export prices for threshing machinery except combine harvester-threshers remained 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 Belarus ($X per unit), while Uganda ($X per unit) was amongst the lowest.

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

Threshing Machinery Imports

Imports into Estonia

In 2018, the imports of threshing machinery except combine harvester-threshers into Estonia totaled X units, reducing by -X% against the previous year. In general, threshing machinery imports continue to indicate a dramatic reduction. The most prominent rate of growth was recorded in 2010 when imports increased by X% against the previous year. Estonia imports peaked at X units in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, threshing machinery imports amounted to $X in 2018. In general, threshing machinery imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Estonia imports peaked at $X in 2015; however, from 2016 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, Nepal (X units) was the major importer of threshing machinery except combine harvester-threshers, committing X% of total imports. It was distantly followed by Russia (X units) and Panama (X units), together creating a X% share of total imports. Ethiopia (X units), Djibouti (X units), Lao People's Democratic Republic (X units), Thailand (X units), Ukraine (X units) and Democratic People's Republic of Korea (X units) followed a long way behind the leaders.

Imports into Nepal increased at an average annual rate of +X% from 2007 to 2018. At the same time, Panama (+X%), Ethiopia (+X%), Djibouti (+X%), Thailand (+X%), Russia (+X%), Lao People's Democratic Republic (+X%), Democratic People's Republic of Korea (+X%) and Ukraine (+X%) displayed positive paces of growth. Moreover, Panama emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Nepal (+X p.p.), Russia (+X p.p.), Panama (+X p.p.), Ethiopia (+X p.p.), Djibouti (+X p.p.), Lao People's Democratic Republic (+X p.p.) and Thailand (+X p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest threshing machinery importing markets into Estonia were Ukraine ($X), Russia ($X) and Nepal ($X), together accounting for X% of total imports.

Nepal 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 threshing machinery import price in Estonia amounted to $X per unit, coming down by -X% against the previous year. Overall, the threshing machinery import price, however, continues to indicate outstanding growth. The pace of growth was the most pronounced in 2009 when the import price increased by X% against the previous year. Over the period under review, the import prices for threshing machinery except combine harvester-threshers reached their peak figure at $X per unit in 2015; however, from 2016 to 2018, import prices remained at a lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Democratic People's Republic of Korea, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform