Report Update: May 1, 2024

Estonia - Machine Tools For Working Metal - Market Analysis, Forecast, Size, Trends and Insights

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Price for Machine-Tool for Working Metal in Estonia - 2023

Price for Machine-Tool for Working Metal in Estonia (CIF) - 2022

The average machine-tool for working metal import price stood at $15,343 per unit in 2022, declining by -20% against the previous year. In general, the import price, however, showed temperate growth. The pace of growth was the most pronounced in 2018 when the average import price increased by 161% against the previous year. The import price peaked at $19,177 per unit in 2021, and then declined markedly in the following year.

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 Turkey ($109,347 per unit), while the price for Poland ($1,549 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machine-Tool for Working Metal in Estonia (FOB) - 2022

The average machine-tool for working metal export price stood at $17,578 per unit in 2022, surging by 132% against the previous year. In general, the export price saw a mild expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($36,532 per unit), while the average price for exports to the Netherlands ($1,230 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 Egypt (+42.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machine-Tool for Working Metal in Estonia

In 2022, imports of machine tools for working metal into Estonia rose significantly to 773 units, with an increase of 11% compared with the year before. In general, imports, however, saw a perceptible descent. The most prominent rate of growth was recorded in 2021 when imports increased by 64% against the previous year. Over the period under review, imports hit record highs at 871 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, machine-tool for working metal imports reduced to $12M in 2022. Overall, imports saw a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 96%. As a result, imports reached the peak of $13M, and then dropped in the following year.

Import of Machine-Tool for Working Metal in Estonia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	593	904	3,359	5,102	104.9%
Finland	321	1,765	3,051	1,626	71.7%
Italy	2,875	473	495	889	-32.4%
Turkey	1,134	707	1,515	765	-12.3%
Denmark	178	1.7	15.2	577	48.0%
United States	N/A	558	0.2	326	-23.6%
Lithuania	2.1	19.3	10.7	263	400.3%
Taiwan (Chinese)	35.0	N/A	N/A	151	62.8%
China	280	107	316	133	-22.0%
Poland	10.0	29.8	28.4	99.1	114.8%
Spain	25.3	8.1	18.3	28.1	3.6%
Netherlands	14.2	67.2	1,348	5.1	-28.9%
Russia	728	54.7	58.8	N/A	-71.6%
Others	2,561	2,120	3,132	1,895	-9.6%
Total	8,757	6,815	13,347	11,860	10.6%

Top Suppliers of Machine-Tool for Working Metal to Estonia in 2022:

Germany (396.0 units)
United States (79.0 units)
Poland (64.0 units)
Lithuania (39.0 units)
Italy (38.0 units)
Denmark (31.0 units)
Taiwan (Chinese) (25.0 units)
Finland (21.0 units)
China (18.0 units)
Spain (12.0 units)
Turkey (7.0 units)
Netherlands (1.0 units)

Exports of Machine-Tool for Working Metal in Estonia

In 2022, approx. 167 units of machine tools for working metal were exported from Estonia; waning by -8.2% on 2021. Over the period under review, exports faced a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year. Over the period under review, the exports hit record highs at 243 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, machine-tool for working metal exports soared to $2.9M in 2022. In general, exports, however, continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Machine-Tool for Working Metal in Estonia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Egypt	1.1	N/A	25.0	1,936	1107.4%
Russia	728	606	446	485	-12.7%
Finland	32.4	51.6	20.0	297	109.3%
Sweden	27.0	4.4	71.1	47.2	20.5%
Latvia	27.4	17.9	79.6	45.9	18.8%
Lithuania	44.5	177	79.7	23.2	-19.5%
Ukraine	213	85.2	47.1	20.5	-54.2%
Poland	389	7.7	9.6	0.5	-89.1%
Nigeria	59.8	64.3	N/A	N/A	7.5%
Others	89.2	91.8	604	79.8	-3.6%
Total	1,612	1,106	1,382	2,936	22.1%

Top Export Markets for Machine-Tool for Working Metal from Estonia in 2022:

Finland (63.0 units)
Egypt (53.0 units)
Russia (20.0 units)
Lithuania (10.0 units)
Sweden (4.0 units)
Latvia (4.0 units)
Ukraine (2.0 units)
Poland (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for machine-tool for working metal 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 28413120 - Numerically controlled bending, folding, straightening or flattening machines for working flat metal products (including presses)
Prodcom 28413140 - Numerically controlled bending, folding, straightening or flattening machines for working metal (including presses) (excluding those for working flat metal products)
Prodcom 28413160 - Non-numerically controlled bending, folding, straightening or flattening machines for working flat metal products (including presses)
Prodcom 28413180 - Non-numerically controlled bending, folding, straightening or flattening machines for working metal (including presses) (excluding those for working flat metal products)
Prodcom 28413220 - Numerically controlled shearing machines for working metal (including presses) (excluding combined punching and shearing machines)
Prodcom 28413240 - Numerically controlled punching or notching machines for working metal (including presses, combined punching and shearing machines)
Prodcom 28413260 - Non-numerically controlled shearing machines for working metal (including presses) (excluding combined punching and shearing machines)
Prodcom 28413280 - Non-numerically controlled punching or notching machines for working metal (including presses, combined punching and shearing machines)
Prodcom 28413310 - Numerically controlled forging or die-stamping machines and hammers for working metal (including presses)
Prodcom 28413320 - Non-numerically controlled forging or die-stamping machines and hammers for working metal (including presses)
Prodcom 28413330 -
Prodcom 28413340 -
Prodcom 28413370 -
Prodcom 28413380 -

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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