Radio Navigation Apparatus Price in Estonia - 2023
Contents:
- Radio Navigation Apparatus Price in Estonia (FOB) - 2022
- Radio Navigation Apparatus Price in Estonia (CIF) - 2022
- Radio Navigation Apparatus Exports in Estonia
- Radio Navigation Apparatus Imports in Estonia
Radio Navigation Apparatus Price in Estonia (FOB) - 2022
In 2022, the average radio navigation apparatus export price amounted to $446 per unit, rising by 11% against the previous year. Overall, the export price continues to indicate strong growth. The most prominent rate of growth was recorded in 2019 an increase of 104% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($1,857 per unit), while the average price for exports to Denmark ($35 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 the Netherlands (+28.3%), while the prices for the other major destinations experienced more modest paces of growth.
Radio Navigation Apparatus Price in Estonia (CIF) - 2022
In 2022, the average radio navigation apparatus import price amounted to $117 per unit, shrinking by -13.1% against the previous year. Overall, the import price showed a noticeable downturn. The pace of growth appeared the most rapid in 2018 when the average import price increased by 145% against the previous year. As a result, import price reached the peak level of $537 per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
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 the United States ($451 per unit), while the price for Russia ($20 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Radio Navigation Apparatus Exports in Estonia
In 2022, approx. 17K units of radio navigational aid apparatus were exported from Estonia; growing by 47% on 2021. In general, exports, however, saw a pronounced contraction. Over the period under review, the exports hit record highs at 19K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, radio navigation apparatus exports skyrocketed to $7.6M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +9.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +87.0% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Radio Navigation Apparatus in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 3,999 | 3,071 | 3,215 | 5,662 | 12.3% |
| United States | 230 | 295 | 252 | 442 | 24.3% |
| Germany | 17.9 | 10.7 | 3.0 | 330 | 164.2% |
| Norway | 9.8 | 23.0 | 368 | 226 | 184.6% |
| Italy | 8.1 | 2.1 | 1.6 | 199 | 190.7% |
| Sweden | 23.3 | 29.6 | 59.2 | 144 | 83.5% |
| Russia | 227 | 166 | 149 | 114 | -20.5% |
| United Arab Emirates | 238 | 1.3 | 14.5 | 41.9 | -44.0% |
| Lithuania | 153 | 54.2 | 7.9 | 32.8 | -40.2% |
| Denmark | N/A | N/A | 0.6 | 28.5 | 4650.0% |
| Latvia | 493 | 6.9 | 10.6 | 21.5 | -64.8% |
| Others | 401 | 396 | 561 | 343 | -5.1% |
| Total | 5,801 | 4,056 | 4,642 | 7,584 | 9.3% |
Top Export Markets for Radio Navigation Apparatus from Estonia in 2022:
- United States (4.5K units)
- Netherlands (3.0K units)
- Germany (2.8K units)
- Norway (2.7K units)
- Denmark (0.8K units)
- Sweden (0.8K units)
- Italy (0.4K units)
- Russia (0.3K units)
- United Arab Emirates (0.1K units)
- Lithuania (0.1K units)
- Latvia (0.1K units)
Radio Navigation Apparatus Imports in Estonia
In 2022, radio navigation apparatus imports into Estonia skyrocketed to 33K units, rising by 57% against the year before. Overall, total imports indicated a noticeable expansion from 2019 to 2022: its volume increased at an average annual rate of +2.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -18.4% against 2020 indices. Imports peaked at 40K units in 2020; however, from 2021 to 2022, imports remained at a lower figure.
In value terms, radio navigation apparatus imports soared to $3.8M in 2022. In general, imports, however, saw a deep downturn. Over the period under review, imports hit record highs at $6.1M in 2020; however, from 2021 to 2022, imports remained at a lower figure.
| Import of Radio Navigation Apparatus in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 11.0 | 5.7 | 117 | 1,563 | 421.8% |
| Sweden | 627 | 93.1 | 287 | 607 | -1.1% |
| Netherlands | 29.5 | 24.2 | 855 | 394 | 137.3% |
| Germany | 153 | 229 | 155 | 358 | 32.8% |
| United States | 482 | 271 | 361 | 153 | -31.8% |
| Latvia | 111 | 89.8 | 102 | 118 | 2.1% |
| Czech Republic | 34.0 | 44.5 | 145 | 105 | 45.6% |
| Russia | 28.4 | 44.2 | 40.4 | 86.7 | 45.1% |
| China | 857 | 1,228 | 136 | 73.9 | -55.8% |
| Denmark | 1,169 | 2,606 | 90.3 | 21.1 | -73.8% |
| United Kingdom | 1,494 | 1,120 | 41.4 | 4.7 | -85.3% |
| Others | 645 | 380 | 482 | 339 | -19.3% |
| Total | 5,642 | 6,135 | 2,811 | 3,824 | -12.2% |
Top Suppliers of Radio Navigation Apparatus to Estonia in 2022:
- Thailand (13.4K units)
- Russia (4.3K units)
- China (3.1K units)
- Sweden (2.8K units)
- Netherlands (2.3K units)
- Germany (1.7K units)
- Latvia (1.5K units)
- Czech Republic (1.1K units)
- United States (0.3K units)
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