Estonia - Machines for Treating Metal, Having Individual Functions - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEstonia: Metal Treating Machine Market 2024
Metal Treating Machine Market Size in Estonia
The Estonian metal treating machine market fell sharply to $X in 2023, declining by X% against the previous year. Overall, consumption continues to indicate a sharp slump. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2023, consumption failed to regain momentum.
Metal Treating Machine Production in Estonia
In value terms, metal treating machine production rose significantly to $X in 2023 estimated in export price. Overall, production, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.
Metal Treating Machine Exports
Exports from Estonia
For the third consecutive year, Estonia recorded growth in shipments abroad of machines for treating metal, having individual functions, which increased by X% to X units in 2023. In general, exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2023 and are expected to retain growth in years to come.
In value terms, metal treating machine exports surged to $X in 2023. Overall, exports enjoyed a notable expansion. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2023, the exports failed to regain momentum.
Exports by Country
Finland (X units) was the main destination for metal treating machine exports from Estonia, with a X% share of total exports. Moreover, metal treating machine exports to Finland exceeded the volume sent to the second major destination, the United Arab Emirates (X units), fivefold. Germany (X units) ranked third in terms of total exports with a X% share.
From 2012 to 2023, the average annual growth rate of volume to Finland totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Germany (X% per year).
In value terms, the largest markets for metal treating machine exported from Estonia were Finland ($X), the United Arab Emirates ($X) and Germany ($X), with a combined X% share of total exports.
In terms of the main countries of destination, Finland, with a CAGR of X%, recorded 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 2023, the average metal treating machine export price amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable contraction. Over the period under review, the average export prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2023, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Finland (X%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Treating Machine Imports
Imports into Estonia
In 2023, approx. X units of machines for treating metal, having individual functions were imported into Estonia; increasing by X% against the year before. In general, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, metal treating machine imports skyrocketed to $X in 2023. Overall, imports, however, continue to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.
Imports by Country
In 2023, Sweden (X units) constituted the largest supplier of metal treating machine to Estonia, with a X% share of total imports. Moreover, metal treating machine imports from Sweden exceeded the figures recorded by the second-largest supplier, Switzerland (X units), threefold. Turkey (X units) ranked third in terms of total imports with an X% share.
From 2020 to 2023, the average annual growth rate of volume from Sweden totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (X% per year) and Turkey (X% per year).
In value terms, the largest metal treating machine suppliers to Estonia were Sweden ($X), Switzerland ($X) and India ($X), together accounting for X% of total imports.
In terms of the main suppliers, India, with a CAGR of X.4%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the average metal treating machine import price amounted to $X per unit, which is down by X% against the previous year. Overall, the import price saw a deep downturn. The pace of growth appeared the most rapid in 2022 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2020; however, from 2021 to 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was India ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.
From 2020 to 2023, the most notable rate of growth in terms of prices was attained by India (X.7%), while the prices for the other major suppliers experienced more modest paces of growth.
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This report provides an in-depth analysis of the metal treating machine market in Estonia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28993905 - Machines for treating metal, having individual functions (excluding robots)
Country coverage:
- Estonia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Estonia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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