Estonia: Washing Machine Market Overview 2020

Washing Machine Market Size in Estonia

The revenue of the washing machine market in Estonia amounted to $X in 2018, picking up 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). In general, washing machine consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012 with an increase of X% y-o-y. Estonia washing machine consumption peaked in 2018 and is expected to retain its growth in the immediate term.

Washing Machine Exports

Exports from Estonia

In 2018, the amount of household washing and drying machines exported from Estonia totaled X units, surging by X% against the previous year. Over the period under review, washing machine exports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, washing machine exports attained their maximum in 2018 and are expected to retain its growth in the immediate term.

In value terms, washing machine exports stood at $X in 2018. Overall, washing machine exports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Estonia exports peaked at $X in 2017, and then declined slightly in the following year.

Exports by Country

In 2018, China (X units), distantly followed by Poland (X units), Thailand (X units) and Turkey (X units) were the major exporters of household washing and drying machines, together achieving X% of total exports. The following exporters - Germany (X units), Slovakia (X units), Italy (X units), Mexico (X units) and Russia (X units) - together made up X% of total exports.

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

In value terms, the largest washing machine markets from Estonia were China ($X), Poland ($X) and Turkey ($X), together accounting for X% of total exports. Thailand, Germany, Italy, Slovakia, Mexico, Russia and Estonia lagged somewhat behind, together accounting for a further X the main exporting countries, Russia experienced the highest growth rate of exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the washing machine export price in Estonia amounted to $X per unit, waning by -X% against the previous year. Overall, the washing machine export price continues to indicate a mild decline. The most prominent rate of growth was recorded in 2011 when the export price increased by X% year-to-year. Estonia export price peaked at $X per unit in 2014; however, from 2015 to 2018, export prices stood at a somewhat lower figure.

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

Washing Machine Imports

Imports into Estonia

Washing machine imports into Estonia totaled X units in 2018, growing by X% against the previous year. Overall, the total imports indicated temperate growth from 2007 to 2018: its volume 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, washing machine imports increased by +X% against 2009 indices. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, washing machine imports attained their maximum in 2018 and are likely to see steady growth in the immediate term.

In value terms, washing machine imports amounted to $X in 2018. Over the period under review, the total imports indicated a mild increase 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, washing machine imports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2010 when imports increased by X% y-o-y. Estonia imports peaked in 2018 and are likely to continue its growth in the near future.

Imports by Country

In 2018, Germany (X units), the UK (X units), France (X units), Japan (X units), Italy (X units), the U.S. (X units), Spain (X units), Australia (X units), Sweden (X units), the United Arab Emirates (X units), Russia (X units) and Venezuela (X units) were the key importers of household washing and drying machines in the world, constituting 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 Venezuela, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the UK ($X) and Japan ($X) appeared to be the countries with the highest levels of imports in 2018, together comprising X% of total imports.

Among the main importing countries, Japan recorded the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the washing machine import price in Estonia amounted to $X per unit, waning by -X% against the previous year. Over the period under review, the washing machine import price continues to indicate a mild deduction. The growth pace was the most rapid in 2011 when the import price increased by X% y-o-y. Estonia import price peaked at $X per unit in 2013; however, from 2014 to 2018, import prices remained at a lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Japan, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox AI Platform