Estonia: Market for Motor Vehicle Chassis Fitted With Engines 2024

Market Size for Motor Vehicle Chassis Fitted With Engines in Estonia

The Estonian market for motor vehicle chassis fitted with engines stood at $X in 2022, approximately equating the previous year. Over the period under review, consumption, however, recorded a drastic downturn. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Motor Vehicle Chassis Fitted With Engines in Estonia

In value terms, production of motor vehicle chassis fitted with engines expanded slightly to $X in 2022 estimated in export price. Overall, production, however, recorded a deep slump. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Motor Vehicle Chassis Fitted With Engines

Exports from Estonia

In 2022, exports of motor vehicle chassis fitted with engines from Estonia shrank dramatically to X units, waning by X% on 2021 figures. In general, exports recorded a sharp slump. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of motor vehicle chassis fitted with engines dropped to $X in 2022. Over the period under review, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Lithuania (X units) was the main destination for exports of motor vehicle chassis fitted with engines from Estonia, accounting for a X% share of total exports. Moreover, exports of motor vehicle chassis fitted with engines to Lithuania exceeded the volume sent to the second major destination, Chile (X units), threefold. The third position in this ranking was held by Latvia (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Lithuania stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (X% per year) and Latvia (X% per year).

In value terms, Lithuania ($X) remains the key foreign market for motor vehicle chassis fitted with engines exports from Estonia, comprising X% of total exports. The second position in the ranking was taken by Chile ($X), with a X% share of total exports. It was followed by Latvia, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Lithuania amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (X% per year) and Latvia (X% per year).

Export Prices by Country

In 2022, the average export price for motor vehicle chassis fitted with engines amounted to $X per unit, growing by X% against the previous year. Over the period under review, the export price continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2014 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the average 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 Lithuania ($X per unit), while the average price for exports to Chile ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Motor Vehicle Chassis Fitted With Engines

Imports into Estonia

In 2022, imports of motor vehicle chassis fitted with engines into Estonia dropped sharply to X units, shrinking by X% compared with 2021 figures. Over the period under review, imports showed a sharp contraction. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of motor vehicle chassis fitted with engines contracted dramatically to $X in 2022. In general, imports recorded a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports of reached the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Italy (X units) was the main supplier of motor vehicle chassis fitted with engines to Estonia, with a X% share of total imports. Moreover, imports of motor vehicle chassis fitted with engines from Italy exceeded the figures recorded by the second-largest supplier, China (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy totaled X%.

In value terms, Italy ($X) constituted the largest supplier of motor vehicle chassis fitted with engines to Estonia, comprising X% of total imports. The second position in the ranking was taken by China ($X), with less than X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Italy totaled X%.

Import Prices by Country

In 2022, the average import price for motor vehicle chassis fitted with engines amounted to $X per unit, falling by X% against the previous year. Over the period under review, the import price saw a abrupt decline. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit, and then contracted rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for China totaled $X per unit.

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

Source: IndexBox Platform