Estonia - Escalators And Moving Walkways - Market Analysis, Forecast, Size, Trends and Insights

Estonia: Escalator Market Overview 2019

Escalator Market Size in Estonia

The revenue of the escalator market in Estonia amounted to $X in 2018, coming down by -X% against the previous year. Overall, escalator consumption continues to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2013, with an increase of X% y-o-y. Estonia escalator consumption peaked at $X in 2008; however, from 2009 to 2018, consumption remained at a lower figure.

Escalator Production in Estonia

In value terms, escalator production stood at $X in 2018 estimated in export prices. In general, escalator production continues to indicate a relatively flat trend pattern.

Escalator Exports

Exports from Estonia

In 2018, exports of escalators and moving walkways from Estonia totaled X units, picking up by X% against the previous year. Overall, escalator exports continue to indicate an outstanding growth. The most prominent rate of growth was recorded in 2018, when exports increased by X% year-to-year. In that year, escalator exports attained their peak , and are likely to continue its growth in the immediate term.

In value terms, escalator exports totaled $X in 2018. Over the period under review, escalator exports continue to indicate an outstanding growth. The most prominent rate of growth was recorded in 2018, when exports increased by X% y-o-y. In that year, escalator exports attained their peak , and are likely to continue its growth in the immediate term.

Exports by Country

China dominates escalator exports structure, finishing at X units, which was near X% of total exports in 2018. Slovakia (X units) took a X% share (based on tonnes) of total exports, which put it in second place, followed by Spain (X%) and Germany (X%). The following exporters - Thailand (X units) and the Czech Republic (X units) - together made up X% of total exports.

From 2007 to 2018, average annual rates of growth with regard to escalator exports from China stood at +X%. At the same time, Spain (+X%) and Thailand (+X%) displayed positive paces of growth. Moreover, Spain emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2018. Slovakia experienced a relatively flat trend pattern. By contrast, Germany (-X%) and the Czech Republic (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Germany and the Czech Republic increased by X% and X% percentage points, while Spain (-X%) and China (-X%) 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 remained relatively stable over the period from 2007-2018. In the other countries, the average annual rates were as follows: Spain (+X% per year) and Germany (-X% per year).

Export Prices by Country

In 2018, the escalator export price in Estonia amounted to $X thousand per unit, increasing 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 2018, when the export price increased by X% y-o-y. In that year, the export prices for escalators and moving walkways reached their peak level, and is likely to continue its growth in the immediate term.

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

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

Escalator Imports

Imports into Estonia

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

In value terms, escalator imports stood at $X in 2018. Overall, escalator imports continue to indicate a noticeable drop. The most prominent rate of growth was recorded in 2013, when imports increased by X% year-to-year. Estonia imports peaked at $X in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, South Korea (X units), Qatar (X units), Turkey (X units), the U.S. (X units), Indonesia (X units), Iran (X units), Saudi Arabia (X units), France (X units), Russia (X units), India (X units), Thailand (X units) and the Philippines (X units) represented the largest importers of escalators and moving walkways in the world, achieving X% of total import.

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

In value terms, South Korea ($X), Saudi Arabia ($X) and Iran ($X) constituted the countries with the highest levels of imports in 2018, with a combined X% share of total imports.

Iran experienced the highest growth rate of imports, in terms of the main importing countries over the last eleven year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The escalator import price in Estonia stood at $X thousand per unit in 2018, dropping by -X% against the previous year. Over the period under review, the escalator import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013, when the import price increased by X% year-to-year. Over the period under review, the import prices for escalators and moving walkways reached their maximum at $X thousand per unit in 2015; however, from 2016 to 2018, import prices remained at a lower figure.

Import prices varied noticeably by the country of destination; the country with the highest import price was Saudi Arabia ($X thousand per unit), while Qatar ($X thousand per unit) was amongst the lowest.

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

Source: IndexBox AI Platform