Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Estonia - 2023

Contents:

  1. Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Estonia (CIF) - 2022
  2. Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Estonia (FOB) - 2022
  3. Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Estonia
  4. Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in Estonia

Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Estonia (CIF) - 2022

The average import price for drawing, marking-out or mathematical calculating instrumentses stood at $10 per unit in 2022, jumping by 20% against the previous year. Overall, the import price posted a noticeable increase. The growth pace was the most rapid in 2020 when the average import price increased by 132%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($25 per unit), while the price for Lithuania ($4.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Estonia (FOB) - 2022

The average export price for drawing, marking-out or mathematical calculating instrumentses stood at $15 per unit in 2022, growing by 21% against the previous year. In general, the export price saw mild growth. The pace of growth appeared the most rapid in 2017 an increase of 138%. Over the period under review, the average export prices reached the peak figure at $54 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($26 per unit), while the average price for exports to Finland ($12 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 Ukraine (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Estonia

For the third year in a row, Estonia recorded decline in purchases abroad of drawing, marking-out or mathematical calculating instrumentses, which decreased by less than 0.1% to 31K units in 2022. In general, imports recorded a significant decline. Over the period under review, imports of reached the maximum at 72K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of drawing, marking-out or mathematical calculating instrumentses soared to $324K in 2022. The total import value increased at an average annual rate of +10.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Drawing, Marking-Out or Mathematical Calculating Instruments in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany52.965.078.377.913.8%
China75.832.527.556.9-9.1%
NetherlandsN/A0.80.146.4661.6%
Latvia2.352.050.942.1163.5%
France36.627.542.939.82.8%
Lithuania5.219.722.520.357.5%
Poland13.220.223.418.912.7%
Japan17.6N/AN/AN/A0%
Others34.132.824.721.2-14.7%
Total23825127032410.8%

Top Suppliers of Drawing, Marking-Out or Mathematical Calculating Instruments to Estonia in 2022:

  1. China (8.4K units)
  2. Latvia (5.6K units)
  3. Lithuania (4.7K units)
  4. Germany (4.4K units)
  5. Netherlands (3.4K units)
  6. Poland (1.6K units)
  7. France (1.6K units)

Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in Estonia

Exports of drawing, marking-out or mathematical calculating instrumentses from Estonia skyrocketed to 7.4K units in 2022, jumping by 66% compared with the previous year's figure. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 178% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of drawing, marking-out or mathematical calculating instrumentses surged to $113K in 2022. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Drawing, Marking-Out or Mathematical Calculating Instruments in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia25.918.920.369.338.8%
Lithuania24.730.529.130.97.8%
Finland3.93.75.42.1-18.6%
Russia0.83.70.60.1-50.0%
Others3.21.71.110.548.6%
Total58.658.456.411324.5%

Top Export Markets for Drawing, Marking-Out or Mathematical Calculating Instruments from Estonia in 2022:

  1. Latvia (5.3K units)
  2. Lithuania (1.8K units)
  3. Finland (0.2K units)

Source: IndexBox Market Intelligence Platform

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