Estonia: Insulated Coaxial Cable Market 2024

Insulated Coaxial Cable Market Size in Estonia

The Estonian insulated coaxial cable market contracted to $X in 2022, falling by X% against the previous year. Over the period under review, consumption showed a abrupt decline. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Insulated Coaxial Cable Production in Estonia

In value terms, insulated coaxial cable production dropped significantly to $X in 2022 estimated in export price. Overall, production recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Insulated Coaxial Cable Exports

Exports from Estonia

For the third year in a row, Estonia recorded decline in overseas shipments of insulated coaxial cables, which decreased by X% to X tons in 2022. Over the period under review, exports faced a abrupt contraction. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, insulated coaxial cable exports skyrocketed to $X in 2022. In general, exports showed a abrupt contraction. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons), Lithuania (X tons) and Kazakhstan (X tons) were the main destinations of insulated coaxial cable exports from Estonia, together comprising X% of total exports. Sweden, Russia, Finland, Norway and Ukraine lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Norway (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for insulated coaxial cable exported from Estonia were Sweden ($X), Germany ($X) and Finland ($X), together comprising X% of total exports. Lithuania, Russia, Kazakhstan, Norway and Ukraine lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Norway, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average insulated coaxial cable export price amounted to $X per ton, jumping by X% against the previous year. Overall, the export price posted prominent growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (X%), while the prices for the other major destinations experienced more modest paces of growth.

Insulated Coaxial Cable Imports

Imports into Estonia

For the sixth year in a row, Estonia recorded decline in overseas purchases of insulated coaxial cables, which decreased by X% to X tons in 2022. Over the period under review, imports saw a deep contraction. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, insulated coaxial cable imports expanded sharply to $X in 2022. Overall, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Sweden (X tons), China (X tons) and Finland (X tons) were the main suppliers of insulated coaxial cable imports to Estonia, together accounting for X% of total imports. Germany, the United States, Lithuania, Poland, Italy, Latvia, Slovakia, Taiwan (Chinese) and Hong Kong SAR lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X) constituted the largest supplier of insulated coaxial cables to Estonia, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Sweden was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the average insulated coaxial cable import price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, insulated coaxial cable import price increased by X% against 2020 indices. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($X per ton), while the price for Latvia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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