Estonia - Steering Wheels, Steering Columns And Steering Boxes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Steering Wheels and Columns in Estonia - 2023
Contents:
- Price for Steering Wheels and Columns in Estonia (CIF) - 2023
- Price for Steering Wheels and Columns in Estonia (FOB) - 2023
- Imports of Steering Wheels and Columns in Estonia
- Exports of Steering Wheels and Columns in Estonia
Price for Steering Wheels and Columns in Estonia (CIF) - 2023
The average steering wheels and columns import price stood at $24,331 per ton in November 2023, with a decrease of -25.9% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2023 when the average import price increased by 37% m-o-m. As a result, import price reached the peak level of $32,826 per ton, and then plummeted in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($48,855 per ton), while the price for China ($12,651 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Latvia (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Steering Wheels and Columns in Estonia (FOB) - 2023
The average steering wheels and columns export price stood at $27,547 per ton in November 2023, reducing by -1.7% against the previous month. In general, the export price, however, continues to indicate slight growth. The most prominent rate of growth was recorded in October 2023 an increase of 79% m-o-m. Over the period under review, the average export prices reached the maximum at $32,674 per ton in February 2023; however, from March 2023 to November 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was Kyrgyzstan ($238K per ton), while the average price for exports to Bulgaria ($6,101 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+26.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Steering Wheels and Columns in Estonia
In 2022, approx. 259 tons of steering wheels, steering columns and steering boxes were imported into Estonia; with a decrease of -9.4% against the previous year. Overall, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year.
In value terms, steering wheels and columns imports declined to $6.1M in 2022. The total import value increased at an average annual rate of +1.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 29%. As a result, imports attained the peak of $6.7M, and then fell in the following year.
Import of Steering Wheels and Columns in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 780 | 1,135 | 1,556 | 1,518 | 24.9% |
Germany | 1,463 | 972 | 1,229 | 1,230 | -5.6% |
Latvia | 47.2 | 440 | 547 | 698 | 145.5% |
Sweden | 52.2 | 326 | 574 | 567 | 121.5% |
Lithuania | 207 | 652 | 712 | 499 | 34.1% |
Finland | 187 | 512 | 582 | 354 | 23.7% |
China | 435 | 128 | 225 | 214 | -21.1% |
Denmark | 196 | 157 | 223 | 211 | 2.5% |
Spain | 167 | 121 | 141 | 116 | -11.4% |
Others | 2,329 | 721 | 863 | 712 | -32.6% |
Total | 5,864 | 5,164 | 6,653 | 6,120 | 1.4% |
Top Suppliers of Steering Wheels and Columns to Estonia in 2022:
- Poland (54.4 tons)
- Germany (53.7 tons)
- Latvia (42.8 tons)
- Lithuania (32.6 tons)
- China (22.8 tons)
- Finland (11.6 tons)
- Sweden (9.9 tons)
- Denmark (9.4 tons)
- Spain (5.2 tons)
Exports of Steering Wheels and Columns in Estonia
Steering wheels and columns exports from Estonia reduced to 75 tons in 2022, waning by -6.3% compared with 2021. In general, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 19%.
In value terms, steering wheels and columns exports contracted slightly to $1.8M in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 33% against the previous year. As a result, the exports reached the peak of $1.9M, and then contracted modestly in the following year.
Export of Steering Wheels and Columns in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Finland | 175 | 220 | 435 | 404 | 32.2% |
Lithuania | 238 | 450 | 388 | 312 | 9.4% |
Latvia | 289 | 189 | 251 | 245 | -5.4% |
Germany | 33.8 | 32.4 | 238 | 218 | 86.1% |
Sweden | 387 | 174 | 184 | 166 | -24.6% |
Poland | 129 | 141 | 128 | 131 | 0.5% |
Kazakhstan | 0.1 | 0.1 | N/A | 51.7 | 702.6% |
United Kingdom | 24.0 | 15.2 | 4.0 | 21.9 | -3.0% |
Spain | 21.4 | 15.1 | 16.9 | 20.8 | -0.9% |
Georgia | 2.8 | 3.0 | 3.9 | 12.0 | 62.4% |
United States | 53.1 | 2.2 | 4.0 | 11.3 | -40.3% |
Bulgaria | 15.4 | 11.5 | 12.3 | 9.9 | -13.7% |
Algeria | N/A | N/A | 4.0 | 5.0 | 25.0% |
Others | 478 | 176 | 238 | 241 | -20.4% |
Total | 1,847 | 1,429 | 1,907 | 1,850 | 0.1% |
Top Export Markets for Steering Wheels and Columns from Estonia in 2022:
- Finland (17.5 tons)
- Poland (7.8 tons)
- Latvia (7.2 tons)
- Germany (6.8 tons)
- Lithuania (5.5 tons)
- Kazakhstan (5.5 tons)
- Sweden (4.0 tons)
- United Kingdom (2.0 tons)
- Georgia (1.8 tons)
- Bulgaria (1.5 tons)
- United States (1.4 tons)
- Algeria (1.4 tons)
- Spain (1.4 tons)
This report provides an in-depth analysis of the market for steering wheels and columns 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 29323067 - Steering wheels, steering columns and steering boxes, parts thereof
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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