Estonia: Telephonic Switching Apparatus Market 2024

Telephonic Switching Apparatus Market Size in Estonia

The Estonian telephonic switching apparatus market skyrocketed to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption continues to indicate significant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Telephonic Switching Apparatus Production in Estonia

In value terms, telephonic switching apparatus production soared to $X in 2022 estimated in export price. Over the period under review, production enjoyed a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, production attained the maximum level in 2022 and is expected to retain growth in years to come.

Telephonic Switching Apparatus Exports

Exports from Estonia

Telephonic switching apparatus exports from Estonia dropped remarkably to X units in 2022, falling by X% compared with 2021 figures. Overall, exports recorded a mild shrinkage. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, the exports attained the maximum at X units in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, telephonic switching apparatus exports dropped rapidly to $X in 2022. Over the period under review, total exports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then contracted markedly in the following year.

Exports by Country

The United States (X units), Sweden (X units) and China (X units) were the main destinations of telephonic switching apparatus exports from Estonia, together accounting for X% of total exports.

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

In value terms, the United States ($X) remains the key foreign market for telephonic or telegraphic switching apparatus exports from Estonia, comprising X% of total exports. The second position in the ranking was taken by Sweden ($X), with an X% share of total exports. It was followed by China, with a X% share.

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

Export Prices by Country

The average telephonic switching apparatus export price stood at $X per unit in 2022, reducing by X% against the previous year. Overall, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, telephonic switching apparatus export price increased by X% against 2012 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit, and then shrank rapidly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Poland ($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 more modest paces of growth.

Telephonic Switching Apparatus Imports

Imports into Estonia

Telephonic switching apparatus imports into Estonia shrank significantly to X units in 2022, declining by X% compared with 2021 figures. In general, imports, however, continue to indicate slight growth. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X units, and then dropped rapidly in the following year.

In value terms, telephonic switching apparatus imports dropped rapidly to $X in 2022. Overall, imports, however, showed a mild increase. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Finland (X units), Sweden (X units) and the Netherlands (X units) were the main suppliers of telephonic switching apparatus imports to Estonia, with a combined X% share of total imports. China, the United States, Lithuania, Germany, France, the Czech Republic, Mexico, Poland, Latvia and Romania lagged somewhat behind, together comprising a further X%.

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

In value terms, the Netherlands ($X), Finland ($X) and Lithuania ($X) appeared to be the largest telephonic switching apparatus suppliers to Estonia, together accounting for X% of total imports. Sweden, Germany, the United States, China, France, Latvia, the Czech Republic, Poland, Romania and Mexico lagged somewhat behind, together comprising a further X%.

Romania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average telephonic switching apparatus import price stood at $X per unit in 2022, surging by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of X%. The import price peaked at $X per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat 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 Lithuania ($X per unit), while the price for Mexico ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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