Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Estonia - 2023

Contents:

  1. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Estonia (CIF) - 2022
  2. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Estonia (FOB) - 2022
  3. Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Estonia
  4. Exports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Estonia

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Estonia (CIF) - 2022

The average import price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses stood at $4,815 per unit in 2022, picking up by 5.9% against the previous year. In general, the import price, however, continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2018 when the average import price increased by 49% against the previous year. The import price peaked at $12,449 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Finland ($4,919 per unit), while the price for Russia amounted to $4,790 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+9.3%), while the prices for the other major suppliers experienced a decline.

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Estonia (FOB) - 2022

In 2022, the average export price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses amounted to $3,912 per unit, declining by -28.1% against the previous year. Overall, the export price, however, continues to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by 544% against the previous year. Over the period under review, the average export prices attained the peak figure at $5,444 per unit in 2021, and then shrank dramatically in the following year.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2019 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +179,933.3% per year.

Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Estonia

In 2022, overseas purchases of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses decreased by -95.4% to 5 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 1,800%. Imports peaked at 109 units in 2021, and then dropped markedly in the following year.

In value terms, imports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses fell rapidly to $24K in 2022. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 1,720% against the previous year. Over the period under review, imports of attained the peak figure at $496K in 2021, and then dropped rapidly in the following year.

Import of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia3.78.16.719.273.1%
Finland7.51954884.9-13.2%
LithuaniaN/AN/A0.3N/A0%
OthersN/AN/A0.7N/A0%
Total11.220449624.129.1%

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices to Estonia in 2022:

  1. Russia (4.0 units)
  2. Finland (1.0 units)

Exports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Estonia

In 2022, overseas shipments of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses were finally on the rise to reach 2 units after two years of decline. Overall, exports, however, faced a precipitous descent. The exports peaked at 4 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses skyrocketed to $7.8K in 2022. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 383%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Export of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/A5.47.844.4%
BelarusN/AN/AN/AN/A0%
Singapore1.1N/AN/AN/A0%
NetherlandsN/A5.4N/AN/A0%
OthersN/AN/AN/AN/A0%
Total1.15.45.47.892.1%

Top Export Markets for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices from Estonia in 2022:

  1. United Arab Emirates (2.0 units)

Source: IndexBox Market Intelligence Platform

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