Estonia: Vacuum Cleaner Market 2020

Vacuum Cleaner Market Size in Estonia

The revenue of the vacuum cleaner market in Estonia amounted to $X in 2018, shrinking by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, vacuum cleaner consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the market value increased by X% year-to-year. In that year, the vacuum cleaner market reached its peak level of $X. From 2009 to 2018, the growth of the vacuum cleaner market remained at a somewhat lower figure.

Vacuum Cleaner Exports

Exports from Estonia

In 2018, the amount of vacuum cleaners exported from Estonia amounted to X units, picking up by X% against the previous year. Over the period under review, vacuum cleaner exports continue to indicate extraordinary growth. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Estonia exports peaked in 2018 and are likely to see steady growth in the near future.

In value terms, vacuum cleaner exports totaled $X in 2018. Over the period under review, vacuum cleaner exports continue to indicate an outstanding increase. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. Over the period under review, vacuum cleaner exports attained their peak figure in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

China represented the key exporting country with an export of around X units, which finished at X% of total exports. It was distantly followed by Malaysia (X units) and Germany (X units), together achieving a X% share of total exports. Vietnam (X units), Hungary (X units), Romania (X units) and Mexico (X units) took a minor share of total exports.

From 2007 to 2018, average annual rates of growth with regard to vacuum cleaner exports from China stood at +X%. At the same time, Romania (+X%), Vietnam (+X%), Malaysia (+X%), Germany (+X%) and Hungary (+X%) displayed positive paces of growth. Moreover, Romania emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, Mexico (-X%) illustrated a downward trend over the same period. Malaysia (+X p.p.), China (+X p.p.), Germany (+X p.p.), Vietnam (+X p.p.) and Romania (+X p.p.) significantly strengthened its position in terms of the global exports, while Mexico saw its share reduced by -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In China, vacuum cleaner exports expanded at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Malaysia (+X% per year) and Germany (+X% per year).

Export Prices by Country

In 2018, the vacuum cleaner export price in Estonia amounted to $X per unit, coming down by -X% against the previous year. Over the period under review, the vacuum cleaner export price continues to indicate a temperate reduction. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. Over the period under review, the export prices for vacuum cleaners attained their maximum at $X per unit in 2011; however, from 2012 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per unit), while Romania ($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 mixed trends in the export price figures.

Vacuum Cleaner Imports

Imports into Estonia

Vacuum cleaner imports into Estonia amounted to X units in 2018, going up by X% against the previous year. Over the period under review, vacuum cleaner imports continue to indicate prominent growth. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Estonia imports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, vacuum cleaner imports amounted to $X in 2018. Over the period under review, vacuum cleaner imports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, vacuum cleaner imports attained their maximum in 2018 and are likely to continue its growth in the immediate term.

Imports by Country

The U.S. represented the main importing country with an import of about X units, which resulted at X% of total imports. It was distantly followed by Germany (X units), Japan (X units), the UK (X units) and France (X units), together generating a X% share of total imports. The following importers - Russia (X units), Australia (X units), the Netherlands (X units), Canada (X units), Italy (X units), Belgium (X units) and Spain (X units) - together made up X% of total imports.

The U.S. experienced a relatively flat trend pattern of vacuum cleaners imports. At the same time, Australia (+X%), the Netherlands (+X%), Germany (+X%), Japan (+X%), France (+X%), Spain (+X%) and Russia (+X%) displayed positive paces of growth. Moreover, Australia emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Belgium, Canada, Italy and the UK experienced a relatively flat trend pattern. From 2007 to 2018, the share of Germany, Japan, the U.S. and Australia increased by +X%, +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported vacuum cleaners into Estonia, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by Japan, with a X% share.

In the U.S., vacuum cleaner imports expanded at an average annual rate of +X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Japan (+X% per year).

Import Prices by Country

The vacuum cleaner import price in Estonia stood at $X per unit in 2018, picking up by X% against the previous year. In general, the vacuum cleaner import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 an increase of X% against the previous year. Estonia import price peaked at $X per unit in 2014; however, from 2015 to 2018, import prices failed to regain their momentum.

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

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

Source: IndexBox Platform