Estonia: Overview of the Market for Lighting Sets For Christmas Trees 2019

Market Size for Lighting Sets For Christmas Trees in Estonia

The revenue of the market for lighting sets for christmas trees in Estonia amounted to $X in 2018, approximately mirroring the previous year. In general, the total market indicated a slight expansion from 2007 to 2018: its value decreased 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, consumption of lighting sets for christmas trees increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. Estonia consumption of lighting sets for christmas trees peaked in 2018 and is likely to continue its growth in the immediate term.

Production of Lighting Sets For Christmas Trees in Estonia

In value terms, production of lighting sets for christmas trees amounted to $X in 2018 estimated in export prices. In general, production of lighting sets for christmas trees, however, continues to indicate a strong increase. The pace of growth was the most pronounced in 2009 when production volume increased by X% year-to-year. In that year, production of lighting sets for christmas trees reached its peak level of $X. From 2010 to 2018, production of lighting sets for christmas trees growth remained at a somewhat lower figure.

Exports of Lighting Sets For Christmas Trees

Exports from Estonia

In 2018, the amount of lighting sets for christmas trees exported from Estonia stood at X units, remaining stable against the previous year. Over the period under review, exports of lighting sets for christmas trees continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when exports increased by X% year-to-year. Estonia exports peaked at X units in 2008; however, from 2009 to 2018, exports failed to regain their momentum.

In value terms, exports of lighting sets for christmas trees totaled $X in 2018. Overall, exports of lighting sets for christmas trees continue to indicate a remarkable expansion. The growth pace was the most rapid in 2017 when exports increased by X% y-o-y. In that year, exports of lighting sets for christmas trees reached their peak of $X, and then declined slightly in the following year.

Exports by Country

China dominates exports of lighting sets for christmas trees structure, accounting for X units, which was near X% of total exports in 2018. The following exporters - Cambodia (X units) and the Netherlands (X units) - each resulted at a X% share of total exports.

Exports from China increased at an average annual rate of +X% from 2007 to 2018. At the same time, Cambodia (+X%) and the Netherlands (+X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. China (+X p.p.) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest lighting set for christmas trees supplier from Estonia, comprising X% of global exports. The second position in the ranking was occupied by Cambodia ($X), with a X% share of global exports. It was followed by the Netherlands, with a X% share.

From 2007 to 2018, the average annual growth rate of value in China stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Cambodia (+X% per year) and the Netherlands (+X% per year).

Export Prices by Country

In 2018, the export price for lighting sets for christmas trees in Estonia amounted to $X per unit, falling by -X% against the previous year. Over the period under review, the export price for lighting sets for christmas trees, however, continues to indicate prominent growth. The growth pace was the most rapid in 2015 an increase of X% y-o-y. In that year, the export prices for lighting sets for christmas trees attained their peak level of $X per unit. From 2016 to 2018, the growth in terms of the export prices for lighting sets for christmas trees failed to regain its momentum.

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

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

Imports of Lighting Sets For Christmas Trees

Imports into Estonia

In 2018, the imports of lighting sets for christmas trees into Estonia stood at X units, going down by -X% against the previous year. Overall, imports of lighting sets for christmas trees continue to indicate a drastic contraction. The growth pace was the most rapid in 2010 when imports increased by X% year-to-year. Estonia imports peaked at X units in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.

In value terms, imports of lighting sets for christmas trees totaled $X in 2018. Overall, imports of lighting sets for christmas trees continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2016 when imports increased by X% y-o-y. Estonia imports peaked in 2018 and are expected to retain its growth in the near future.

Imports by Country

The U.S. represented the key importing country with an import of around X units, which finished at X% of total imports. The UK (X units) held the second position in the ranking, followed by Canada (X units), the Netherlands (X units) and Germany (X units). All these countries together held near X% share of total imports. The following importers - Italy (X units), Poland (X units), Mexico (X units), Brazil (X units), Venezuela (X units) and France (X units) - together made up X% of total imports.

From 2007 to 2018, average annual rates of growth with regard to lighting set for christmas trees imports into the U.S. stood at -X%. At the same time, Venezuela (+X%), the Netherlands (+X%), Canada (+X%) and Poland (+X%) displayed positive paces of growth. Moreover, Venezuela emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Germany and the UK experienced a relatively flat trend pattern. By contrast, France (-X%), Mexico (-X%), Italy (-X%) and Brazil (-X%) illustrated a downward trend over the same period. The Netherlands (+X p.p.) and Canada (+X p.p.) significantly strengthened its position in terms of the global imports, while Mexico, Brazil, Italy and the U.S. saw its share reduced by -X%, -X%, -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported lighting sets for christmas trees into Estonia, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by the Netherlands, with a X% share.

In the U.S., imports of lighting sets for christmas trees expanded at an average annual rate of +X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+X% per year) and the Netherlands (+X% per year).

Import Prices by Country

The import price for lighting sets for christmas trees in Estonia stood at $X per unit in 2018, jumping by X% against the previous year. Over the period under review, the import price for lighting sets for christmas trees continues to indicate resilient growth. The pace of growth appeared the most rapid in 2011 an increase of X% against the previous year. Estonia import price peaked in 2018 and is expected to retain its growth in the near future.

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

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

Source: IndexBox AI Platform