Estonia: Ac/Dc Motor Market Overview 2020

Ac/Dc Motor Market Size in Estonia

The revenue of the ac/dc motor market in Estonia amounted to $X in 2018, declining by -X% against the previous year. Overall, ac/dc motor consumption, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2009 when the market value increased by X% year-to-year. Estonia ac/dc motor consumption peaked at $X in 2012; however, from 2013 to 2018, consumption failed to regain its momentum.

Ac/Dc Motor Production in Estonia

In value terms, ac/dc motor production totaled $X in 2018 estimated in export prices. Overall, ac/dc motor production, however, continues to indicate a noticeable contraction. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Estonia ac/dc motor production peaked at $X in 2008; however, from 2009 to 2018, production failed to regain its momentum.

Ac/Dc Motor Exports

Exports from Estonia

In 2018, approx. X units of universal ac/dc motors of an output exceeding X w; other ac motors; ac generators (alternators) were exported from Estonia; going down by -X% against the previous year. Overall, ac/dc motor exports continue to indicate an abrupt setback. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Estonia exports peaked at X units in 2008; however, from 2009 to 2018, exports remained at a lower figure.

In value terms, ac/dc motor exports totaled $X in 2018. Over the period under review, ac/dc motor exports continue to indicate a deep decline. The pace of growth was the most pronounced in 2008 when exports increased by X% against the previous year. In that year, ac/dc motor exports reached their peak of $X. From 2009 to 2018, the growth of ac/dc motor exports failed to regain its momentum.

Exports by Country

China was the largest exporter of universal ac/dc motors of an output exceeding X w; other ac motors; ac generators (alternators) in the world, with the volume of exports recording X units, which was approx. X% of total exports in 2018. Italy (X units) held the second position in the ranking, followed by Mexico (X units). All these countries together took approx. X% share of total exports. Viet Nam (X units), Germany (X units), the U.S. (X units), the Czech Republic (X units), South Korea (X units), Slovakia (X units), France (X units) and Slovenia (X units) held a little share of total exports.

Exports from China increased at an average annual rate of +X% from 2007 to 2018. At the same time, Viet Nam (+X%), Slovenia (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, Viet Nam emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Italy and the Czech Republic experienced a relatively flat trend pattern. By contrast, the U.S. (-X%), Slovakia (-X%), France (-X%), Mexico (-X%) and South Korea (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.) and Viet Nam (+X p.p.) increased significantly in terms of the global exports from 2007-2018, the share of Mexico (-X p.p.) and South Korea (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest ac/dc motor markets from Estonia were China ($X), Germany ($X) and the U.S. ($X), with a combined X% share of total exports. These countries were followed by Italy, Mexico, France, the Czech Republic, South Korea, Viet Nam, Slovakia, Slovenia and Estonia, which together accounted for a further X terms of the main exporting countries, Viet Nam experienced the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The ac/dc motor export price in Estonia stood at $X per unit in 2018, growing by X% against the previous year. In general, the ac/dc motor export price continues to indicate a significant increase. The pace of growth was the most pronounced in 2008 an increase of X% against the previous year. Over the period under review, the export prices for universal ac/dc motors of an output exceeding X w; other ac motors; ac generators (alternators) reached their maximum at $X per unit in 2009; however, from 2010 to 2018, export prices stood at a somewhat lower figure.

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

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

Ac/Dc Motor Imports

Imports into Estonia

In 2018, the amount of universal ac/dc motors of an output exceeding X w; other ac motors; ac generators (alternators) imported into Estonia amounted to X units, coming down by -X% against the previous year. Over the period under review, ac/dc motor imports, however, continue to indicate a measured expansion. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Estonia imports peaked at X units in 2014; however, from 2015 to 2018, imports stood at a somewhat lower figure.

In value terms, ac/dc motor imports totaled $X in 2018. The total import value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Over the period under review, ac/dc motor imports attained their maximum at $X in 2013; however, from 2014 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, the U.S. (X units), Mexico (X units), Brazil (X units), Malaysia (X units), Italy (X units), Turkey (X units), India (X units), Poland (X units), Germany (X units), Thailand (X units), China, Hong Kong SAR (X units) and France (X units) were the key importers of universal ac/dc motors of an output exceeding X w; other ac motors; ac generators (alternators) in the world, constituting X% of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Brazil, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Germany ($X) and Italy ($X) constituted the countries with the highest levels of imports in 2018, together comprising X% of total imports. Mexico, France, India, Poland, Turkey, Malaysia, Brazil, Thailand, China, Hong Kong SAR and Estonia lagged somewhat behind, together accounting for a further X recorded the highest growth rate of imports, in terms of the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the ac/dc motor import price in Estonia amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the ac/dc motor import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. In that year, the import prices for universal ac/dc motors of an output exceeding X w; other ac motors; ac generators (alternators) attained their peak level of $X per unit. From 2009 to 2018, the growth in terms of the import prices for universal ac/dc motors of an output exceeding X w; other ac motors; ac generators (alternators) remained at a lower figure.

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

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

Source: IndexBox AI Platform