Report Update: May 1, 2024

Estonia - Clutches And Shaft Couplings - Market Analysis, Forecast, Size, Trends And Insights

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Shaft Coupling Price in Estonia - 2023

Shaft Coupling Price in Estonia (CIF) - 2023

In October 2023, the average shaft coupling import price amounted to $29,202 per ton, declining by -47.4% against the previous month. Overall, the import price, however, continues to indicate a noticeable increase. The most prominent rate of growth was recorded in January 2023 an increase of 164% against the previous month. Over the period under review, average import prices attained the peak figure at $82,646 per ton in August 2023; however, from September 2023 to October 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was China ($59,960 per ton), while the price for Italy ($9,774 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Shaft Coupling Price in Estonia (FOB) - 2022

In 2022, the average shaft coupling export price amounted to $47,550 per ton, surging by 43% against the previous year. Over the period under review, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 an increase of 57%. Over the period under review, the average export prices reached the peak figure at $50,926 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($127,760 per ton), while the average price for exports to Russia ($21,038 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+367.7%), while the prices for the other major destinations experienced more modest paces of growth.

Shaft Coupling Imports in Estonia

Shaft coupling imports into Estonia was estimated at 85 tons in 2022, picking up by 11% compared with the previous year's figure. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +12.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 37%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, shaft coupling imports rose significantly to $2.1M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.6% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 34% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Import of Shaft Coupling in Estonia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	661	343	415	552	-5.8%
China	169	140	319	284	18.9%
Poland	37.2	155	73.9	230	83.5%
Latvia	0.9	84.9	334	207	512.7%
Finland	89.4	152	161	167	23.2%
Spain	29.0	26.2	25.5	108	55.0%
Italy	74.7	118	112	89.5	6.2%
Others	374	462	539	510	10.9%
Total	1,436	1,480	1,980	2,148	14.4%

Top Suppliers of Shaft Coupling to Estonia in 2022:

Germany (28.8 tons)
China (13.4 tons)
Italy (7.9 tons)
Poland (6.9 tons)
Finland (5.3 tons)
Spain (4.5 tons)
Latvia (4.2 tons)

Shaft Coupling Exports in Estonia

In 2022, shaft coupling exports from Estonia contracted notably to 12 tons, waning by -47.4% on the previous year. Over the period under review, exports recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 139% against the previous year. As a result, the exports attained the peak of 24 tons, and then shrank markedly in the following year.

In value terms, shaft coupling exports fell dramatically to $591K in 2022. Overall, exports showed a pronounced setback. The pace of growth appeared the most rapid in 2021 with an increase of 107%. As a result, the exports reached the peak of $784K, and then fell dramatically in the following year.

Export of Shaft Coupling in Estonia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
New Zealand	N/A	0.1	N/A	123	3407.1%
Russia	504	262	584	86.8	-44.4%
Kazakhstan	0.6	N/A	0.7	77.3	405.1%
Latvia	22.8	13.8	53.9	61.4	39.1%
Sweden	1.7	N/A	1.3	58.5	225.3%
Turkey	0.6	N/A	61.1	43.6	317.3%
United Arab Emirates	N/A	N/A	N/A	14.2	0%
Others	156	102	83.0	126	-6.9%
Total	686	378	784	591	-4.8%

Top Export Markets for Shaft Coupling from Estonia in 2022:

Russia (4.1 tons)
Sweden (1.8 tons)
Latvia (1.2 tons)
New Zealand (1.2 tons)
Turkey (0.9 tons)
Kazakhstan (0.6 tons)
United Arab Emirates (0.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the shaft coupling market 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 28152600 - Clutches and shaft couplings (including universal joints)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023