Electric Rotary Converter Price in Estonia - 2023

Contents:

  1. Electric Rotary Converter Price in Estonia (FOB) - 2022
  2. Electric Rotary Converter Price in Estonia (CIF) - 2022
  3. Electric Rotary Converter Exports in Estonia
  4. Electric Rotary Converter Imports in Estonia

Electric Rotary Converter Price in Estonia (FOB) - 2022

In 2022, the average electric rotary converter export price amounted to $496 per unit, almost unchanged from the previous year. In general, the export price saw a strong expansion. The pace of growth was the most pronounced in 2013 an increase of 384%. The export price peaked at $1,327 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($647 per unit), while the average price for exports to the Netherlands ($39 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 Latvia (+9.6%), while the prices for the other major destinations experienced mixed trend patterns.

Electric Rotary Converter Price in Estonia (CIF) - 2022

In 2022, the average electric rotary converter import price amounted to $354 per unit, surging by 56% against the previous year. Over the period under review, the import price, however, recorded a abrupt downturn. The pace of growth appeared the most rapid in 2018 when the average import price increased by 100% against the previous year. The import price peaked at $1,096 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Finland ($1,208 per unit), while the price for Switzerland ($20 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+17.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Electric Rotary Converter Exports in Estonia

In 2022, after two years of decline, there was significant decline in overseas shipments of electric rotary converters, when their volume decreased by -50% to 204 units. Overall, exports, however, enjoyed a buoyant increase. Over the period under review, the exports attained the peak figure at 408 units in 2021, and then reduced remarkably in the following year.

In value terms, electric rotary converter exports contracted notably to $101K in 2022. Over the period under review, exports, however, enjoyed a buoyant expansion. The exports peaked at $202K in 2021, and then dropped sharply in the following year.

Export of Electric Rotary Converter in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea69.4N/A20286.97.8%
Russia4.3N/AN/A11.137.2%
Latvia0.3N/A0.62.4100.0%
Lithuania1.8N/AN/A0.3-45.0%
Others6.0N/AN/A0.6-53.6%
Total81.8N/A2021017.3%

Top Export Markets for Electric Rotary Converter from Estonia in 2022:

  1. South Korea (134.0 units)
  2. Russia (44.0 units)
  3. Latvia (19.0 units)
  4. Lithuania (6.0 units)

Electric Rotary Converter Imports in Estonia

In 2022, the amount of electric rotary converters imported into Estonia skyrocketed to 169 units, growing by 119% on the year before. Over the period under review, imports recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 756%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, electric rotary converter imports soared to $60K in 2022. In general, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 259%. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Electric Rotary Converter in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland0.1N/AN/A6.2295.8%
France0.1N/A1.96.0291.5%
Czech Republic0.2N/AN/A2.3125.7%
Lithuania0.51.9N/A1.440.9%
Switzerland0.2N/A1.21.071.0%
NorwayN/AN/A11.90.9-92.4%
LatviaN/AN/A0.70.3-57.1%
Others3.73.01.941.9124.6%
Total4.94.917.659.8130.2%

Top Suppliers of Electric Rotary Converter to Estonia in 2022:

  1. Czech Republic (91.0 units)
  2. Switzerland (48.0 units)
  3. France (6.0 units)
  4. Finland (5.0 units)
  5. Lithuania (4.0 units)
  6. Latvia (3.0 units)
  7. Norway (3.0 units)

Source: IndexBox Market Intelligence Platform

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