Estonia: Video Monitor Market 2020

Video Monitor Market Size in Estonia

The revenue of the video monitor market in Estonia amounted to $X in 2018, waning 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, video monitor consumption continues to indicate a drastic setback. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, the video monitor market attained its maximum level at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Video Monitor Exports

Exports from Estonia

In 2018, approx. X units of video monitors were exported from Estonia; remaining stable against the previous year. Over the period under review, video monitor exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. In that year, video monitor exports attained their peak of X units. From 2017 to 2018, the growth of video monitor exports remained at a somewhat lower figure.

In value terms, video monitor exports stood at $X in 2018. In general, video monitor exports continue to indicate a deep curtailment. The growth pace was the most rapid in 2017 with an increase of X% year-to-year. Over the period under review, video monitor exports reached their maximum at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

China represented the main exporting country with an export of about X units, which amounted to X% of total exports. Japan (X units) held a X% share (based on tons) of total exports, which put it in second place, followed by Mexico (X%), Hungary (X%) and the U.S. (X%). The following exporters - South Korea (X units), the Netherlands (X units), the Czech Republic (X units), Singapore (X units), Thailand (X units), Vietnam (X units) and Ireland (X units) - together made up X% of total exports.

From 2007 to 2018, average annual rates of growth with regard to video monitor exports from China stood at -X%. At the same time, Vietnam (+X%), Hungary (+X%), Ireland (+X%), Japan (+X%), Mexico (+X%), the U.S. (+X%), Singapore (+X%) and the Czech Republic (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. South Korea experienced a relatively flat trend pattern. By contrast, Thailand (-X%) and the Netherlands (-X%) illustrated a downward trend over the same period. While the share of Japan (+X p.p.), Hungary (+X p.p.), Mexico (+X p.p.), Vietnam (+X p.p.) and the U.S. (+X p.p.) increased significantly in terms of the global exports from 2007-2018, the share of Thailand (-X p.p.), the Netherlands (-X p.p.) and China (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2018, the average annual growth rate of value in China stood at -X%. The remaining exporting countries recorded the following average annual rates of exports growth: Mexico (+X% per year) and Japan (+X% per year).

Export Prices by Country

In 2018, the video monitor export price in Estonia amounted to $X per unit, declining by -X% against the previous year. Overall, the video monitor export price continues to indicate an abrupt drop. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Estonia export price peaked at $X per unit in 2013; however, from 2014 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Vietnam ($X per unit), while Ireland ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Vietnam (+X% per year), while the other leaders experienced more modest paces of growth.

Video Monitor Imports

Imports into Estonia

In 2018, the video monitor imports into Estonia stood at X units, lowering by -X% against the previous year. Over the period under review, video monitor imports continue to indicate a deep setback. The growth pace was the most rapid in 2010 when imports increased by X% y-o-y. Estonia imports peaked at X units in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, video monitor imports amounted to $X in 2018. Over the period under review, video monitor imports continue to indicate an abrupt descent. The pace of growth appeared the most rapid in 2016 when imports increased by X% y-o-y. Estonia imports peaked at $X in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, Mexico (X units), distantly followed by China (X units), the U.S. (X units), Russia (X units), Japan (X units), the Netherlands (X units) and Germany (X units) were the major importers of video monitors, together making up X% of total imports. China, Hong Kong SAR (X units), Malaysia (X units), Thailand (X units), Turkey (X units) and India (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 Russia, while the other leaders experienced more modest paces of growth.

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

From 2007 to 2018, the average annual rate of growth in terms of value in the U.S. stood at -X%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Russia (+X% per year).

Import Prices by Country

The video monitor import price in Estonia stood at $X per unit in 2018, falling by -X% against the previous year. In general, the video monitor import price continues to indicate a drastic descent. The most prominent rate of growth was recorded in 2014 when the import price increased by X% y-o-y. Estonia import price peaked at $X per unit in 2016; however, from 2017 to 2018, import prices remained at a lower figure.

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

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

Source: IndexBox Platform