Estonia: Engine Generator Market Overview 2020

Engine Generator Market Size in Estonia

The revenue of the engine generator market in Estonia amounted to $X in 2018, growing 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, engine generator consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the market value increased by X% against the previous year. In that year, the engine generator market reached its peak level of $X. From 2017 to 2018, the growth of the engine generator market remained at a somewhat lower figure.

Engine Generator Exports

Exports from Estonia

In 2018, the engine generator exports from Estonia stood at X tonnes, dropping by -X% against the previous year. Over the period under review, engine generator exports, however, continue to indicate a resilient increase. The growth pace was the most rapid in 2017 when exports increased by X% y-o-y. In that year, engine generator exports attained their peak of X tonnes, and then declined slightly in the following year.

In value terms, engine generator exports stood at $X in 2018. Over the period under review, engine generator exports, however, continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2017 with an increase of X% y-o-y. In that year, engine generator exports reached their peak of $X, and then declined slightly in the following year.

Exports by Country

The exports of the twelve major exporters of generators for internal combustion engines, namely Mexico, France, Japan, China, Spain, the U.S., Germany, South Korea, Italy, the Czech Republic, Thailand and Poland, represented more than two-thirds of total export.

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

In value terms, the largest engine generator markets from Estonia were Mexico ($X), France ($X) and the U.S. ($X), with a combined X% share of total exports. These countries were followed by Japan, China, Spain, Germany, South Korea, Italy, the Czech Republic, Thailand, Poland and Estonia, which together accounted for a further X terms of the main exporting countries, South Korea experienced the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the engine generator export price in Estonia amounted to $X per tonne, leveling off at the previous year. In general, the export price indicated a temperate increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, engine generator export price decreased by -X% against 2013 indices. The pace of growth appeared the most rapid in 2008 when the export price increased by X% y-o-y. Over the period under review, the export prices for generators for internal combustion engines attained their peak figure at $X per tonne in 2013; however, from 2014 to 2018, export prices failed to regain their momentum.

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

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

Engine Generator Imports

Imports into Estonia

In 2018, the imports of generators for internal combustion engines into Estonia amounted to X tonnes, growing by X% against the previous year. Overall, engine generator imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when imports increased by X% y-o-y. In that year, engine generator imports reached their peak of X tonnes. From 2017 to 2018, the growth of engine generator imports failed to regain its momentum.

In value terms, engine generator imports stood at $X in 2018. Over the period under review, the total imports indicated a mild expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, engine generator imports decreased by -X% against 2016 indices. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. In that year, engine generator imports reached their peak of $X. From 2017 to 2018, the growth of engine generator imports remained at a lower figure.

Imports by Country

In 2018, the U.S. (X tonnes), distantly followed by Germany (X tonnes), Mexico (X tonnes) and China (X tonnes) represented the largest importers of generators for internal combustion engines, together comprising X% of total imports. Canada (X tonnes), Spain (X tonnes), the UK (X tonnes), France (X tonnes), Russia (X tonnes), Slovakia (X tonnes), the Czech Republic (X tonnes) and Italy (X tonnes) held a relatively small 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 Russia, while the other leaders experienced more modest paces of growth.

In value terms, the largest engine generator importing markets into Estonia were the U.S. ($X), Germany ($X) and Mexico ($X), with a combined X% share of total imports. These countries were followed by China, Canada, France, Spain, the UK, Slovakia, Italy, Russia, the Czech Republic and Estonia, which together accounted for a further X recorded the highest growth rate of imports, in terms of the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the engine generator import price in Estonia amounted to $X per tonne, growing by X% against the previous year. Over the period under review, the import price indicated mild growth 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, engine generator import price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. In that year, the import prices for generators for internal combustion engines reached their peak level of $X per tonne. From 2009 to 2018, the growth in terms of the import prices for generators for internal combustion engines remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2018, major importing countries recorded the following prices: in Italy ($X per tonne) and Mexico ($X per tonne), while Russia ($X per tonne) and the Czech Republic ($X per tonne) were amongst the lowest.

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

Source: IndexBox AI Platform