Estonia - Hydraulic Cylinders And Systems - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Estonia - Hydraulic Cylinders And Systems - Market Analysis, Forecast, Size, Trends And Insights

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Price for Hydraulic Cylinder and System in Estonia - 2023

Contents:

  1. Price for Hydraulic Cylinder and System in Estonia (CIF) - 2022
  2. Price for Hydraulic Cylinder and System in Estonia (FOB) - 2022
  3. Imports of Hydraulic Cylinder and System in Estonia
  4. Exports of Hydraulic Cylinder and System in Estonia

Price for Hydraulic Cylinder and System in Estonia (CIF) - 2022

In 2022, the average hydraulic cylinder and system import price amounted to $407 per unit, dropping by -10.3% against the previous year. In general, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hydraulic cylinder and system import price decreased by -15.8% against 2020 indices. The pace of growth was the most pronounced in 2020 an increase of 60% against the previous year. As a result, import price attained the peak level of $483 per unit. From 2021 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,137 per unit), while the price for China ($184 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+19.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Hydraulic Cylinder and System in Estonia (FOB) - 2022

In 2022, the average hydraulic cylinder and system export price amounted to $530 per unit, which is down by -25% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 56%. Over the period under review, the average export prices reached the peak figure at $921 per unit in 2014; however, from 2015 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 Kazakhstan ($1,426 per unit), while the average price for exports to India ($364 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 Kazakhstan (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hydraulic Cylinder and System in Estonia

Hydraulic cylinder and system imports into Estonia reached 13K units in 2022, almost unchanged from 2021 figures. Overall, imports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. Imports peaked at 17K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, hydraulic cylinder and system imports dropped to $5.4M in 2022. The total import value increased at an average annual rate of +2.1% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 17% against the previous year. As a result, imports attained the peak of $6M, and then dropped in the following year.

Import of Hydraulic Cylinder and System in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland1,8891,6801,9651,809-1.4%
China8694389661,0787.4%
Germany42340244062914.1%
Sweden22837658835515.9%
Latvia77.830820026851.0%
Italy16739249524313.3%
United Kingdom75.152.322919838.1%
Turkey17.08.631.410382.3%
Lithuania12210013097.7-7.1%
Others1,2571,350943668-19.0%
Total5,1255,1085,9875,4482.1%

Top Suppliers of Hydraulic Cylinder and System to Estonia in 2022:

  1. China (5.9K units)
  2. Finland (3.8K units)
  3. Italy (0.6K units)
  4. Latvia (0.6K units)
  5. Germany (0.6K units)
  6. Turkey (0.4K units)
  7. United Kingdom (0.4K units)
  8. Sweden (0.4K units)
  9. Lithuania (0.3K units)

Exports of Hydraulic Cylinder and System in Estonia

Hydraulic cylinder and system exports from Estonia skyrocketed to 3.5K units in 2022, increasing by 88% compared with the year before. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, hydraulic cylinder and system exports surged to $1.9M in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +81.0% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Hydraulic Cylinder and System in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany9.010.1274715329.9%
Finland3922554184303.1%
Russia452503300201-23.7%
Kazakhstan0.3N/AN/A89.8568.9%
Sweden42.243.063.877.022.2%
IndiaN/AN/AN/A27.30%
Others13429526332233.9%
Total1,0291,1071,3191,86221.9%

Top Export Markets for Hydraulic Cylinder and System from Estonia in 2022:

  1. Germany (1801.0 units)
  2. Finland (1079.0 units)
  3. Russia (181.0 units)
  4. Sweden (89.0 units)
  5. India (75.0 units)
  6. Kazakhstan (63.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for hydraulic cylinder and system in Estonia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28121130 - Hydraulic cylinders
  • Prodcom 28121630 - Hydraulic systems (power packs with actuators)

Country coverage:

  • Estonia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Estonia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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