Estonia: Escalator Market Overview 2020

Escalator Market Size in Estonia

The revenue of the escalator market in Estonia amounted to $X in 2018, declining by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, escalator consumption continues to indicate a pronounced setback. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. Estonia escalator consumption peaked at $X in 2008; however, from 2009 to 2018, consumption stood at a somewhat lower figure.

Escalator Exports

Exports from Estonia

In 2018, the exports of escalators and moving walkways from Estonia totaled X units, going up by X% against the previous year. Overall, escalator exports continue to indicate skyrocketing growth. The pace of growth was the most pronounced in 2018 when exports increased by X% y-o-y. In that year, escalator exports reached their peak and are likely to continue its growth in the immediate term.

In value terms, escalator exports totaled $X in 2018. Overall, escalator exports continue to indicate an outstanding expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. In that year, escalator exports attained their peak and are likely to continue its growth in the immediate term.

Exports by Country

China prevails in escalator exports structure, reaching X units, which was approx. X% of total exports in 2018. Slovakia (X units) held a X% share (based on tonnes) of total exports, which put it in second place, followed by Spain (X%). Germany (X units), Oman (X units), the Czech Republic (X units) and Swaziland (X units) took a minor share of total exports.

Exports from China increased at an average annual rate of +X% from 2007 to 2018. At the same time, Oman (+X%), Swaziland (+X%), Spain (+X%) and Slovakia (+X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, the Czech Republic (-X%) and Germany (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of China, Oman, Spain and Swaziland increased by +X%, +X%, +X% and +X% percentage points, while Germany (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In China, escalator exports increased at an average annual rate of +X% over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: Spain (+X% per year) and Germany (-X% per year).

Export Prices by Country

In 2018, the escalator export price in Estonia amounted to $X per unit, rising by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2018 when the export price increased by X% year-to-year. In that year, the export prices for escalators and moving walkways attained their peak level and is likely to continue its growth in the immediate term.

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

Escalator Imports

Imports into Estonia

In 2018, approx. X units of escalators and moving walkways were imported into Estonia; lowering by -X% against the previous year. Overall, escalator imports continue to indicate a pronounced setback. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. Over the period under review, escalator imports reached their maximum at X units in 2008; however, from 2009 to 2018, imports failed to regain their momentum.

In value terms, escalator imports totaled $X in 2018. Overall, escalator imports continue to indicate a pronounced deduction. The pace of growth appeared the most rapid in 2013 when imports increased by X% y-o-y. Over the period under review, escalator imports reached their maximum at $X in 2017, and then declined slightly in the following year.

Imports by Country

Turkey (X units), the U.S. (X units), Iran (X units), Saudi Arabia (X units), South Korea (X units), India (X units), Thailand (X units), Mexico (X units), Singapore (X units), Russia (X units), Qatar (X units) and Malaysia (X units) represented roughly X% of total imports of escalators and moving walkways in 2018.

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

In value terms, South Korea ($X), Saudi Arabia ($X) and Iran ($X) appeared to be the countries with the highest levels of imports in 2018, together accounting for X% of total imports.

In terms of the main importing countries, Iran experienced the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the escalator import price in Estonia amounted to $X per unit, declining by -X% against the previous year. Overall, the escalator import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012 an increase of X% against the previous year. Over the period under review, the import prices for escalators and moving walkways reached their maximum at $X per unit in 2016; however, from 2017 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Qatar ($X per unit), while Singapore ($X per unit) was amongst the lowest.

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

Source: IndexBox AI Platform