Estonia: Remote Control Apparatus Market 2024

Remote Control Apparatus Market Size in Estonia

The Estonian remote control apparatus market shrank remarkably to $X in 2022, reducing by X% against the previous year. In general, consumption continues to indicate a slight decrease. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Remote Control Apparatus Production in Estonia

In value terms, remote control apparatus production soared to $X in 2022 estimated in export price. Overall, production, however, posted a significant increase. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level in 2022 and is likely to see steady growth in the immediate term.

Remote Control Apparatus Exports

Exports from Estonia

In 2022, approx. X units of radio remote control apparatus were exported from Estonia; surging by X% compared with the previous year. In general, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, remote control apparatus exports soared to $X in 2022. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

Sweden (X units) was the main destination for remote control apparatus exports from Estonia, with a X% share of total exports. It was followed by Germany (X units), with a X% share of total exports. The third position in this ranking was taken by Greece (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Sweden totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Greece (X% per year).

In value terms, Sweden ($X) remains the key foreign market for radio remote control apparatus exports from Estonia, comprising X% of total exports. The second position in the ranking was taken by Greece ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Sweden totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (X% per year) and Germany (X% per year).

Export Prices by Country

In 2022, the average remote control apparatus export price amounted to $X per unit, growing by X% against the previous year. Overall, the export price, however, recorded a abrupt contraction. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Greece ($X per unit), while the average price for exports to Sweden ($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 Germany (X%), while the prices for the other major destinations experienced a decline.

Remote Control Apparatus Imports

Imports into Estonia

For the third year in a row, Estonia recorded growth in supplies from abroad of radio remote control apparatus, which increased by X% to X units in 2022. In general, imports saw a prominent expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, remote control apparatus imports skyrocketed to $X in 2022. Over the period under review, imports enjoyed a pronounced expansion. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X units), Finland (X units) and Sweden (X units) were the main suppliers of remote control apparatus imports to Estonia, with a combined X% share of total imports.

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

In value terms, Finland ($X), Germany ($X) and Sweden ($X) were the largest remote control apparatus suppliers to Estonia, with a combined X% share of total imports.

Among the main suppliers, Finland, with a CAGR of X%, recorded the highest growth rate of 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 2022, the average remote control apparatus import price amounted to $X per unit, waning by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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