Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Estonia - 2023
Contents:
- Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Estonia (FOB) - 2022
- Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Estonia (CIF) - 2022
- Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Estonia
- Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Estonia
Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Estonia (FOB) - 2022
The average export price for weighing machines; having a maximum weighing capacity exceeding 5000kgs stood at $5,776 per unit in 2022, growing by 188% against the previous year. Over the period under review, the export price, however, showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 7,926%. The export price peaked at $12,628 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($8,049 per unit), while the average price for exports to Russia ($1,277 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 China (+59.4%), while the prices for the other major destinations experienced a decline.
Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Estonia (CIF) - 2022
The average import price for weighing machines; having a maximum weighing capacity exceeding 5000kgs stood at $1,786 per unit in 2022, shrinking by -5.7% against the previous year. Overall, the import price, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 396%. As a result, import price reached the peak level of $6,745 per unit. From 2019 to 2022, the average import prices failed to regain momentum.
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 Latvia ($31,877 per unit), while the price for New Zealand ($52 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+30.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Estonia
In 2022, exports of weighing machines; having a maximum weighing capacity exceeding 5000kgs from Estonia surged to 98 units, rising by 1,533% on the previous year's figure. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of weighing machines; having a maximum weighing capacity exceeding 5000kgs surged to $566K in 2022. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 48,056% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Export of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | N/A | N/A | N/A | 290 | 0% |
| Uzbekistan | N/A | N/A | N/A | 243 | 0% |
| Russia | 8.5 | N/A | 12.0 | 33.2 | 57.5% |
| Others | 11.1 | N/A | N/A | N/A | 0% |
| Total | 19.6 | N/A | 12.0 | 566 | 206.8% |
Top Export Markets for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg from Estonia in 2022:
- Uzbekistan (36.0 units)
- Kazakhstan (36.0 units)
- Russia (26.0 units)
Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Estonia
In 2022, supplies from abroad of weighing machines; having a maximum weighing capacity exceeding 5000kgs was finally on the rise to reach 44 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a precipitous setback. Over the period under review, imports of attained the peak figure at 91 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of weighing machines; having a maximum weighing capacity exceeding 5000kgs stood at $79K in 2022. Overall, imports, however, faced a abrupt decrease. The pace of growth was the most pronounced in 2020 when imports increased by 43%. As a result, imports attained the peak of $173K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2.5 | 5.8 | 12.2 | 33.7 | 138.0% |
| Latvia | N/A | N/A | 8.8 | 31.9 | 262.5% |
| Germany | 3.6 | 0.2 | 14.6 | 5.2 | 13.0% |
| China | 7.2 | 0.8 | N/A | 4.5 | -14.5% |
| United Kingdom | N/A | N/A | 1.7 | 0.6 | -64.7% |
| Pakistan | N/A | N/A | N/A | 0.3 | 0% |
| New Zealand | N/A | N/A | N/A | 0.1 | 0% |
| Russia | 30.9 | 0.9 | 21.1 | N/A | -17.4% |
| Sweden | 0.3 | 5.4 | 9.9 | N/A | 474.5% |
| Finland | 17.0 | 153 | N/A | N/A | 800.0% |
| Denmark | 0.3 | N/A | 1.6 | N/A | 130.9% |
| Others | 59.0 | 6.6 | 5.9 | 2.3 | -66.1% |
| Total | 121 | 173 | 75.7 | 78.6 | -13.4% |
Top Suppliers of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg to Estonia in 2022:
- Italy (23.0 units)
- China (11.0 units)
- Pakistan (3.0 units)
- United Kingdom (2.0 units)
- Germany (2.0 units)
- Latvia (1.0 units)
- New Zealand (1.0 units)
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