Estonia: Crane Lorry Market 2020

Crane Lorry Market Size in Estonia

The revenue of the crane lorry market in Estonia amounted to $X in 2018, dropping by -X% against the previous year. Over the period under review, crane lorry consumption, however, continues to indicate a drastic deduction. The growth pace was the most rapid in 2010 when the market value increased by X% against the previous year. Estonia crane lorry consumption peaked at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Crane Lorry Production in Estonia

In value terms, crane lorry production stood at $X in 2018 estimated in export prices. In general, crane lorry production, however, continues to indicate a deep decrease. The growth pace was the most rapid in 2015 when production volume increased by X% y-o-y. Estonia crane lorry production peaked at $X in 2009; however, from 2010 to 2018, production failed to regain its momentum.

Crane Lorry Exports

Exports from Estonia

In 2018, the exports of crane lorries from Estonia totaled X units, dropping by -X% against the previous year. Overall, crane lorry exports continue to indicate a drastic slump. The pace of growth was the most pronounced in 2008 when exports increased by X% y-o-y. In that year, crane lorry exports attained their peak of X units. From 2009 to 2018, the growth of crane lorry exports remained at a lower figure.

In value terms, crane lorry exports totaled $X in 2018. Over the period under review, crane lorry exports continue to indicate an abrupt descent. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Estonia exports peaked at $X in 2009; however, from 2010 to 2018, exports failed to regain their momentum.

Exports by Country

Luxembourg (X units) and Namibia (X units) prevails in crane lorry exports structure, together achieving X% of total exports. Uganda (X units) ranks next in terms of the total exports with a X% share, followed by Jamaica (X%). Germany (X units) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Namibia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest crane lorry supplier from Estonia, comprising X% of global exports. The second position in the ranking was occupied by Luxembourg ($X), with a X% share of global exports. It was followed by Estonia, with a X% share.

In Germany, crane lorry exports remained relatively stable over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: Luxembourg (-X% per year) and Estonia (-X% per year).

Export Prices by Country

The crane lorry export price in Estonia stood at $X per unit in 2018, jumping by X% against the previous year. Overall, the crane lorry export price, however, continues to indicate a measured decline. The pace of growth appeared the most rapid in 2011 an increase of X% year-to-year. In that year, the export prices for crane lorries reached their peak level of $X per unit. From 2012 to 2018, the growth in terms of the export prices for crane lorries failed to regain its momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Germany ($X per unit), while Jamaica ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the other leaders experienced a decline in the export price figures.

Crane Lorry Imports

Imports into Estonia

Crane lorry imports into Estonia amounted to X units in 2018, coming down by -X% against the previous year. In general, crane lorry imports continue to indicate a drastic descent. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, crane lorry imports attained their maximum at X units in 2008; however, from 2009 to 2018, imports remained at a lower figure.

In value terms, crane lorry imports amounted to $X in 2018. Over the period under review, crane lorry imports continue to indicate a drastic descent. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Estonia imports peaked at $X in 2008; however, from 2009 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, Belgium (X units) represented the main importer of crane lorries, mixing up X% of total imports. It was distantly followed by Saint Lucia (X units), committing a X% share of total imports.

From 2007 to 2018, average annual rates of growth with regard to crane lorry imports into Belgium stood at +X%. At the same time, Saint Lucia (+X%) displayed positive paces of growth. Moreover, Saint Lucia emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. While the share of Belgium (+X p.p.) and Saint Lucia (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X) constitutes the largest market for imported crane lorries into Estonia, comprising X% of global imports. The second position in the ranking was occupied by Estonia ($X), with a X% share of global imports.

From 2007 to 2018, the average annual rate of growth in terms of value in Belgium stood at -X%. In the other countries, the average annual rates were as follows: Estonia (-X% per year) and Saint Lucia (+X% per year).

Import Prices by Country

In 2018, the crane lorry import price in Estonia amounted to $X per unit, going down by -X% against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 when the import price increased by X% against the previous year. Over the period under review, the import prices for crane lorries reached their maximum at $X per unit in 2017, and then declined slightly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Belgium ($X per unit), while Saint Lucia amounted to $X per unit.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Belgium.

Source: IndexBox Market Intelligence Platform