Estonia - Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Ship Derrick Buckets and Shovels in Estonia - 2023
Contents:
- Price for Ship Derrick Buckets and Shovels in Estonia (FOB) - 2023
- Price for Ship Derrick Buckets and Shovels in Estonia (CIF) - 2023
- Exports of Ship Derrick Buckets and Shovels in Estonia
- Imports of Ship Derrick Buckets and Shovels in Estonia
Price for Ship Derrick Buckets and Shovels in Estonia (FOB) - 2023
The average export price for buckets, shovels, grabs and grips for ships’ derricks and cranes stood at $279 per unit in September 2023, with a decrease of -27.4% against the previous month. Overall, the export price showed a mild decline. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 78% month-to-month. Over the period under review, the average export prices attained the peak figure at $549 per unit in May 2023; however, from June 2023 to September 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major external markets. In September 2023, the highest price was recorded for prices to Lithuania ($349 per unit) and Latvia ($335 per unit), while the average price for exports to China ($268 per unit) and Sweden ($274 per unit) were amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Ship Derrick Buckets and Shovels in Estonia (CIF) - 2023
The average import price for buckets, shovels, grabs and grips for ships’ derricks and cranes stood at $176 per unit in September 2023, reducing by -54.5% against the previous month. Overall, the import price recorded a pronounced setback. The pace of growth appeared the most rapid in October 2022 when the average import price increased by 162% m-o-m. As a result, import price attained the peak level of $688 per unit. From November 2022 to September 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Finland ($874 per unit), while the price for Norway ($54.7 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Sweden (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Ship Derrick Buckets and Shovels in Estonia
In 2022, shipments abroad of buckets, shovels, grabs and grips for ships derricks and cranes increased by 4.5% to 1.6M units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a deep downturn. Over the period under review, the exports attained the maximum at 3M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, ship derrick buckets and shovels exports dropped to $11M in 2022. Overall, exports, however, showed a pronounced reduction. The pace of growth was the most pronounced in 2021 when exports increased by 35% against the previous year. As a result, the exports reached the peak of $13M, and then declined in the following year.
| Export of Ship Derrick Buckets and Shovels in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 4.6 | 3.6 | 4.3 | 3.9 | -5.4% |
| Sweden | 2.0 | 1.2 | 2.0 | 1.5 | -9.1% |
| Latvia | 0.9 | 0.8 | 1.3 | 1.2 | 10.1% |
| Russia | 0.4 | 0.3 | 0.5 | 0.9 | 31.0% |
| Norway | 1.8 | 1.1 | 1.6 | 0.8 | -23.7% |
| Canada | 0.1 | 0.2 | 0.8 | 0.6 | 81.7% |
| Lithuania | 0.1 | 0.3 | 0.5 | 0.4 | 58.7% |
| Poland | 0.8 | 0.5 | 0.1 | 0.3 | -27.9% |
| United States | 0.2 | 0.2 | 0.3 | 0.3 | 14.5% |
| Germany | 0.4 | 0.3 | 0.3 | 0.3 | -9.1% |
| Others | 0.9 | 0.9 | 1.1 | 1.0 | 3.6% |
| Total | 12.2 | 9.4 | 12.7 | 11.3 | -2.5% |
Top Export Markets for Ship Derrick Buckets and Shovels from Estonia in 2022:
- Finland (628.5K units)
- Sweden (252.8K units)
- Latvia (155.3K units)
- Norway (148.9K units)
- Russia (59.4K units)
- Lithuania (57.2K units)
- United States (53.8K units)
- Germany (40.1K units)
- Canada (39.6K units)
- Poland (30.2K units)
Imports of Ship Derrick Buckets and Shovels in Estonia
Ship derrick buckets and shovels imports into Estonia rose rapidly to 816K units in 2022, surging by 11% on the year before. In general, imports enjoyed notable growth. The pace of growth was the most pronounced in 2021 when imports increased by 99%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, ship derrick buckets and shovels imports skyrocketed to $4.7M in 2022. Overall, imports saw strong growth. The growth pace was the most rapid in 2021 when imports increased by 75%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Ship Derrick Buckets and Shovels in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 254 | 299 | 1,405 | 958 | 55.7% |
| Germany | 157 | 221 | 350 | 833 | 74.4% |
| China | 636 | 511 | 753 | 720 | 4.2% |
| Sweden | 269 | 341 | 436 | 471 | 20.5% |
| Czech Republic | 47.5 | 108 | 36.2 | 305 | 85.9% |
| United Kingdom | 127 | 19.2 | 40.5 | 235 | 22.8% |
| France | 96.2 | 129 | 90.3 | 169 | 20.7% |
| Turkey | 11.1 | 8.3 | 14.8 | 142 | 133.9% |
| South Korea | 66.1 | 19.5 | 77.4 | 141 | 28.7% |
| Poland | 87.9 | 83.1 | 115 | 115 | 9.4% |
| Belgium | 55.1 | 21.4 | 31.3 | 108 | 25.1% |
| Lithuania | 342 | 6.1 | 28.9 | 61.5 | -43.6% |
| Russia | 101 | 101 | 80.6 | N/A | -10.7% |
| Others | 780 | 435 | 580 | 465 | -15.8% |
| Total | 3,029 | 2,302 | 4,039 | 4,724 | 16.0% |
Top Suppliers of Ship Derrick Buckets and Shovels to Estonia in 2022:
- China (201.6K units)
- Turkey (129.1K units)
- Finland (92.3K units)
- Sweden (72.1K units)
- Germany (64.5K units)
- France (36.6K units)
- Czech Republic (34.1K units)
- Poland (34.0K units)
- Lithuania (29.7K units)
- United Kingdom (28.2K units)
- Belgium (21.4K units)
- South Korea (19.7K units)
This report provides an in-depth analysis of the market for ship derrick buckets and shovels 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 28222000 - Buckets, shovels, grabs and grips for ships
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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