Production of Domestic Appliances in Estonia - 2022
Domestic Appliances Production in Estonia - 2022
In 2022, approx. 995K units of domestic appliances were produced in Estonia; with an increase of 11% on 2021. Overall, production showed a prominent expansion. The growth pace was the most rapid in 2021 with an increase of 85%. Domestic appliances production peaked in 2022 and is likely to see gradual growth in the near future.
In value terms, domestic appliances production declined modestly to $22M in 2022 estimated in export price. In general, the total production indicated prominent growth from 2017 to 2022: its value increased at an average annual rate of +9.1% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +63.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 69%. As a result, production reached the peak level of $23M, and then dropped modestly in the following year.
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