Estonia: Spectrometers And Spectrophotometers Market 2024

Spectrometers And Spectrophotometers Market Size in Estonia

In 2022, the Estonian spectrometers and spectrophotometers market decreased by X% to $X, falling for the second year in a row after two years of growth. Overall, consumption showed a noticeable reduction. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Spectrometers And Spectrophotometers Production in Estonia

In value terms, spectrometers and spectrophotometers production surged to $X in 2022 estimated in export price. Over the period under review, production recorded prominent growth. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. Spectrometers and spectrophotometers production peaked in 2022 and is likely to see steady growth in the immediate term.

Spectrometers And Spectrophotometers Exports

Exports from Estonia

Spectrometers and spectrophotometers exports from Estonia soared to X units in 2022, with an increase of X% on the previous year. In general, exports showed a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, spectrometers and spectrophotometers exports shrank slightly to $X in 2022. Overall, exports recorded a resilient increase. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X units) was the main destination for spectrometers and spectrophotometers exports from Estonia, with a X% share of total exports. Moreover, spectrometers and spectrophotometers exports to Belgium exceeded the volume sent to the second major destination, the Netherlands (X units), fourfold.

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

In value terms, Belgium ($X) emerged as the key foreign market for spectrometers and spectrophotometers exports from Estonia, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with an X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Belgium amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Sweden (X% per year).

Export Prices by Country

In 2022, the average spectrometers and spectrophotometers export price amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, the export price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, 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 Netherlands ($X per unit), while the average price for exports to Sweden ($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 Sweden (X%), while the prices for the other major destinations experienced a decline.

Spectrometers And Spectrophotometers Imports

Imports into Estonia

After two years of growth, purchases abroad of spectrometers and spectrophotometers decreased by X% to X units in 2022. Over the period under review, imports showed a slight curtailment. The pace of growth appeared the most rapid 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, spectrometers and spectrophotometers imports declined rapidly to $X in 2022. In general, imports showed a pronounced contraction. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Germany (X units), the United States (X units) and the UK (X units) were the main suppliers of spectrometers and spectrophotometers imports to Estonia, together comprising X% of total imports. France, Finland, China, Sweden, the Netherlands, Belgium and Poland lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Finland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and France ($X) were the largest spectrometers and spectrophotometers suppliers to Estonia, with a combined X% share of total imports. The UK, Finland, Poland, Belgium, China, Sweden and the Netherlands lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Belgium, with a CAGR of X%, recorded 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 2022, the average spectrometers and spectrophotometers import price amounted to $X per unit, surging by X% against the previous year. Overall, the import price, however, recorded a slight decline. The pace of growth appeared the most rapid in 2015 when the average import price increased by X%. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices remained at a 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 Poland ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :