Estonia: Electrical Insulating Fittings Market Overview 2020

Electrical Insulating Fittings Market Size in Estonia

The revenue of the electrical insulating fittings market in Estonia amounted to $X in 2018, growing by X% against the previous year. Over the period under review, electrical insulating fittings consumption, however, continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. Over the period under review, the electrical insulating fittings market attained its peak figure level at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Electrical Insulating Fittings Production in Estonia

In value terms, electrical insulating fittings production amounted to $X in 2018 estimated in export prices. Overall, electrical insulating fittings production continues to indicate a skyrocketing expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Estonia electrical insulating fittings production peaked in 2018 and is likely to see steady growth in the near future.

Electrical Insulating Fittings Exports

Exports from Estonia

Electrical insulating fittings exports from Estonia totaled X tonnes in 2018, approximately equating the previous year. Overall, electrical insulating fittings exports, however, continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2008 when exports increased by X% year-to-year. Over the period under review, electrical insulating fittings exports attained their peak figure at X tonnes in 2009; however, from 2010 to 2018, exports stood at a somewhat lower figure.

In value terms, electrical insulating fittings exports totaled $X in 2018. In general, electrical insulating fittings exports, however, continue to indicate a strong increase. The pace of growth appeared the most rapid in 2008 when exports increased by X% y-o-y. In that year, electrical insulating fittings exports reached their peak of $X. From 2009 to 2018, the growth of electrical insulating fittings exports remained at a somewhat lower figure.

Exports by Country

In 2018, Germany (X tonnes), distantly followed by China (X tonnes), Hungary (X tonnes), the Czech Republic (X tonnes), Japan (X tonnes), the U.S. (X tonnes) and Austria (X tonnes) were the main exporters of electrical insulating fittings of plastics, together generating X% of total exports. South Korea (X tonnes), France (X tonnes), the Netherlands (X tonnes), Italy (X tonnes) and Poland (X tonnes) followed a long way behind the leaders.

Exports from Germany increased at an average annual rate of +X% from 2007 to 2018. At the same time, the Netherlands (+X%), Poland (+X%), the Czech Republic (+X%), the U.S. (+X%), Hungary (+X%), China (+X%), Italy (+X%), South Korea (+X%), Austria (+X%) and France (+X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Japan experienced a relatively flat trend pattern. Germany (+X p.p.), the Czech Republic (+X p.p.), China (+X p.p.), Hungary (+X p.p.), the U.S. (+X p.p.), the Netherlands (+X p.p.) and Poland (+X p.p.) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest electrical insulating fittings supplier from Estonia, comprising X% of global exports. The second position in the ranking was occupied by Japan ($X), with a X% share of global exports. It was followed by the Czech Republic, with a X% share.

From 2007 to 2018, the average annual growth rate of value in Germany totaled +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (+X% per year) and the Czech Republic (+X% per year).

Export Prices by Country

In 2018, the electrical insulating fittings export price in Estonia amounted to $X per tonne, coming down by -X% against the previous year. In general, the electrical insulating fittings export price continues to indicate a slight descent. The most prominent rate of growth was recorded in 2017 an increase of X% year-to-year. Over the period under review, the export prices for electrical insulating fittings of plastics attained their peak figure at $X per tonne in 2007; however, from 2008 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($X per tonne), while the Netherlands ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Electrical Insulating Fittings Imports

Imports into Estonia

In 2018, approx. X tonnes of electrical insulating fittings of plastics were imported into Estonia; picking up by X% against the previous year. Overall, electrical insulating fittings imports continue to indicate resilient growth. The pace of growth was the most pronounced in 2009 when imports increased by X% y-o-y. Estonia imports peaked at X tonnes in 2010; however, from 2011 to 2018, imports stood at a somewhat lower figure.

In value terms, electrical insulating fittings imports amounted to $X in 2018. Over the period under review, electrical insulating fittings imports continue to indicate remarkable growth. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Estonia imports peaked at $X in 2013; however, from 2014 to 2018, imports failed to regain their momentum.

Imports by Country

The countries with the highest levels of electrical insulating fittings imports in 2018 were Germany (X tonnes), the Czech Republic (X tonnes), China (X tonnes), Romania (X tonnes), Mexico (X tonnes), Hungary (X tonnes) and Morocco (X tonnes), together accounting for X% of total import. The following importers - Tunisia (X tonnes), Ukraine (X tonnes), Viet Nam (X tonnes), Poland (X tonnes) and Italy (X tonnes) - each finished at a X% share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Morocco, while the other leaders experienced more modest paces of growth.

In value terms, the largest electrical insulating fittings importing markets into Estonia were China ($X), the Czech Republic ($X) and Romania ($X), together accounting for X% of total imports. Germany, Morocco, Hungary, Ukraine, Tunisia, Mexico, Viet Nam, Poland, Italy and Estonia lagged somewhat behind, together accounting for a further X recorded the highest rates of growth with regard to imports, among the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the electrical insulating fittings import price in Estonia amounted to $X per tonne, approximately mirroring the previous year. Over the period under review, the import price indicated a temperate increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, electrical insulating fittings import price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. Estonia import price peaked at $X per tonne in 2013; however, from 2014 to 2018, import prices failed to regain their momentum.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was China ($X per tonne), while Italy ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Viet Nam, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform