Feb 1, 2019

Estonia - Trucks - Market Analysis, Forecast, Size, Trends and Insights

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Estonia: Truck Market Overview 2019

Truck Market Size in Estonia

The revenue of the truck market in Estonia amounted to $X in 2018, jumping by X% against the previous year. Overall, truck consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010, when the market value increased by X% year-to-year. Estonia truck consumption peaked in 2018, and is likely to see steady growth in the near future.

Truck Production in Estonia

In value terms, truck production totaled $X in 2018 estimated in export prices. Over the period under review, truck production continues to indicate a relatively flat trend pattern.

Truck Exports

Exports from Estonia

In 2018, approx. X units of trucks were exported from Estonia; picking up by X% against the previous year. Over the period under review, the total exports indicated a strong expansion from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the truck exports increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2015, with an increase of X% against the previous year. Over the period under review, truck exports reached their peak figure in 2018, and are likely to continue its growth in the immediate term.

In value terms, truck exports amounted to $X in 2018. Overall, the total exports indicated a moderate expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the truck exports increased by +X% against 2015 indices. The growth pace was the most rapid in 2011, with an increase of X% against the previous year. Over the period under review, truck exports attained their maximum in 2018, and are likely to continue its growth in the near future.

Exports by Country

Thailand represented the largest exporting country with an export of about X units, which accounted for X% of total exports. Mexico (X units) ranks second in terms of the total exports with a X% share, followed by the U.S. (X%) and Germany (X%). The following exporters - France (X units), Turkey (X units), Italy (X units), Spain (X units), Japan (X units), South Africa (X units), Belgium (X units) and Argentina (X units) - together made up X% of total exports.

Thailand was also the fastest growing in terms of the trucks exports, with a CAGR of +X% from 2007 to 2018. At the same time, Argentina (+X%), South Africa (+X%), Belgium (+X%), Turkey (+X%) and France (+X%) displayed positive paces of growth. The U.S. experienced a relatively flat trend pattern. By contrast, Mexico (-X%), Spain (-X%), Italy (-X%), Germany (-X%) and Japan (-X%) illustrated a downward trend over the same period. While the share of Mexico (X%), Germany (X%) and Japan (X%) increased significantly in terms of the global exports from 2007-2018, the share of Thailand (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest truck markets from Estonia were Mexico ($X), the U.S. ($X) and Germany ($X), together accounting for X% of total exports. These countries were followed by Thailand, France, Spain, Italy, Japan, Turkey, Belgium, Argentina, South Africa and Estonia, which together accounted for a further X Africa experienced the highest growth rate of exports, in terms of the main exporting countries over the last eleven year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The truck export price in Estonia stood at $X thousand per unit in 2018, going up by X% against the previous year. In general, the truck export price, however, continues to indicate a mild deduction. The growth pace was the most rapid in 2011, an increase of X% y-o-y. Over the period under review, the export prices for trucks reached their maximum at $X thousand per unit in 2012; however, from 2013 to 2018, export prices remained at a lower figure.

There were significant differences in the average export prices amongst the major exporting countries. In 2018, the country with the highest export price was Germany ($X thousand per unit), while Thailand ($X thousand per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by Mexico, while the other leaders experienced more modest paces of growth.

Truck Imports

Imports into Estonia

In 2018, approx. X units of trucks were imported into Estonia; growing by X% against the previous year. In general, truck imports continue to indicate a moderate growth. The pace of growth was the most pronounced in 2011, with an increase of X% year-to-year. Over the period under review, truck imports attained their maximum in 2018, and are likely to continue its growth in the immediate term.

In value terms, truck imports totaled $X in 2018. Over the period under review, truck imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011, with an increase of X% year-to-year. Estonia imports peaked at $X in 2007; afterwards, it flattened through to 2018.

Imports by Country

The Philippines represented the key importer of trucks in the world, with the volume of imports finishing at X units, which was approx. X% of total imports in 2018. The U.S. (X units) ranks second in terms of the total imports with a X% share, followed by Canada (X%). The following importers - the UK (X units), Germany (X units), Australia (X units) and France (X units) - each amounted to a X% share of total imports.

The Philippines was also the fastest growing in terms of the trucks imports, with a CAGR of +X% from 2007 to 2018. At the same time, Canada (+X%), Australia (+X%) and the U.S. (+X%) displayed positive paces of growth. Germany experienced a relatively flat trend pattern. By contrast, the UK (-X%) and France (-X%) illustrated a downward trend over the same period. While the share of Canada (-X%), the U.S. (-X%) and the Philippines (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest truck importing markets into Estonia were the U.S. ($X), Canada ($X) and the UK ($X), together accounting for X% of total imports. These countries were followed by Germany, France, Australia, the Philippines and Estonia, which together accounted for a further X Philippines experienced the highest rates of growth with regard to imports, among the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the truck import price in Estonia amounted to $X thousand per unit, coming down by -X% against the previous year. In general, the truck import price continues to indicate a moderate deduction. The pace of growth appeared the most rapid in 2016, an increase of X% against the previous year. Over the period under review, the import prices for trucks reached their maximum at $X thousand per unit in 2007; however, from 2008 to 2018, import prices failed to regain their momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2018, the country with the highest import price was the UK ($X thousand per unit), while the Philippines ($X thousand per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by the UK, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 29104110 - Goods vehicles with a diesel or semi-diesel engine, of a gross vehicle weight . 5 tonnes (excluding dumpers for off-highway use)
• Prodcom 29104130 - Goods vehicles with a diesel or semi-diesel engine, of a gross vehicle weight > 5 tonnes but . .20 tonnes (including vans) (excluding dumpers for off-highway use, tractors)
• Prodcom 29104140 - Goods vehicles with compression-ignition internal combustion piston engine (diesel or semi-diesel), of a gross vehicle weight > .20 tonnes (excluding dumpers designed for offhighway use)
• Prodcom 29104200 - Goods vehicles, with spark-ignition internal combustion piston engine, other goods vehicles, new

This report provides an in-depth analysis of the truck 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2025
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2018
Figure 21:
Production, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, 2007–2018
Figure 23:
Imports, In Value Terms, 2007–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2007–2018
Figure 26:
Imports, In Value Terms, By Country, 2007–2018
Figure 27:
Import Prices, By Country Of Origin, 2007–2018
Figure 28:
Exports, In Physical Terms, 2007–2018
Figure 29:
Exports, In Value Terms, 2007–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2007–2018
Figure 32:
Exports, In Value Terms, By Country, 2007–2018
Figure 33:
Export Prices, By Country Of Destination, 2007–2018
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