Price for Navigational Instruments and Appliances; Parts and Accessories in Estonia - 2023
Contents:
- Price for Navigational Instruments and Appliances; Parts and Accessories in Estonia (FOB) - 2022
- Price for Navigational Instruments and Appliances; Parts and Accessories in Estonia (CIF) - 2022
- Exports of Navigational Instruments and Appliances; Parts and Accessories in Estonia
- Imports of Navigational Instruments and Appliances; Parts and Accessories in Estonia
Price for Navigational Instruments and Appliances; Parts and Accessories in Estonia (FOB) - 2022
In 2022, the average export price for navigational instruments and appliances; parts and accessorieses amounted to $268,133 per ton, approximately equating the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 19% against the previous year. Over the period under review, the average export prices hit record highs at $347,337 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($661,316 per ton), while the average price for exports to Finland ($161,921 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Navigational Instruments and Appliances; Parts and Accessories in Estonia (CIF) - 2022
In 2022, the average import price for navigational instruments and appliances; parts and accessorieses amounted to $212,069 per ton, falling by -31.3% against the previous year. Over the period under review, the import price, however, posted strong growth. The most prominent rate of growth was recorded in 2014 an increase of 92%. The import price peaked at $308,495 per ton in 2021, and then fell remarkably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($704,246 per ton), while the price for Finland ($58,778 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Navigational Instruments and Appliances; Parts and Accessories in Estonia
In 2022, after three years of growth, there was significant decline in shipments abroad of navigational instruments and appliances; parts and accessorieses, when their volume decreased by -27.5% to 9.3 tons. Overall, exports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by 105%. As a result, the exports attained the peak of 13 tons, and then declined notably in the following year.
In value terms, exports of navigational instruments and appliances; parts and accessorieses fell remarkably to $2.5M in 2022. In general, exports, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of 62% against the previous year. As a result, the exports attained the peak of $3.4M, and then dropped remarkably in the following year.
| Export of Navigational Instruments and Appliances; Parts and Accessories in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | N/A | N/A | N/A | 822 | 0% |
| Lithuania | 57.1 | 33.4 | 235 | 465 | 101.2% |
| Russia | 928 | 1,012 | 1,801 | 269 | -33.8% |
| Latvia | 35.5 | 53.9 | 133 | 268 | 96.2% |
| Germany | 132 | 161 | 88.0 | 138 | 1.5% |
| Netherlands | 2.4 | 67.6 | 162 | 79.5 | 221.2% |
| Kyrgyzstan | N/A | N/A | N/A | 64.3 | 0% |
| Finland | 285 | 334 | 234 | 59.3 | -40.7% |
| Uzbekistan | N/A | N/A | N/A | 47.3 | 0% |
| Others | 225 | 440 | 751 | 268 | 6.0% |
| Total | 1,666 | 2,101 | 3,404 | 2,481 | 14.2% |
Top Export Markets for Navigational Instruments and Appliances; Parts and Accessories from Estonia in 2022:
- Kazakhstan (3696.0 kg)
- Lithuania (1448.0 kg)
- Russia (1364.0 kg)
- Latvia (753.0 kg)
- Finland (366.0 kg)
- Kyrgyzstan (342.0 kg)
- Uzbekistan (239.0 kg)
- Germany (209.0 kg)
- Netherlands (192.0 kg)
Imports of Navigational Instruments and Appliances; Parts and Accessories in Estonia
In 2022, after three years of growth, there was significant decline in overseas purchases of navigational instruments and appliances; parts and accessorieses, when their volume decreased by -19.4% to 11 tons. Overall, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 96% against the previous year.
In value terms, imports of navigational instruments and appliances; parts and accessorieses reduced markedly to $2.3M in 2022. Over the period under review, imports, however, showed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 211% against the previous year.
| Import of Navigational Instruments and Appliances; Parts and Accessories in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 98.4 | 391 | 587 | 1,486 | 147.2% |
| Germany | 62.9 | 370 | 582 | 323 | 72.5% |
| United States | 18.2 | 869 | 257 | 226 | 131.6% |
| Latvia | 0.1 | 1.9 | 4.2 | 87.1 | 855.0% |
| Japan | 20.7 | 46.4 | 79.2 | 56.7 | 39.9% |
| China | 239 | 6.9 | 3.0 | 23.5 | -53.8% |
| Sweden | 20.8 | 50.0 | 88.8 | 2.1 | -53.4% |
| Lithuania | 2.4 | 18.0 | 160 | 1.7 | -10.9% |
| Finland | 0.1 | N/A | 41.3 | 1.1 | 122.4% |
| South Korea | N/A | N/A | 173 | 0.7 | -99.6% |
| South Africa | N/A | N/A | 1,993 | N/A | 0% |
| India | N/A | 32.8 | N/A | N/A | 0% |
| Mexico | 116 | N/A | N/A | N/A | 0% |
| Others | 40.5 | 143 | 186 | 93.5 | 32.2% |
| Total | 620 | 1,929 | 4,154 | 2,302 | 54.8% |
Top Suppliers of Navigational Instruments and Appliances; Parts and Accessories to Estonia in 2022:
- Netherlands (8706.0 kg)
- Latvia (547.0 kg)
- Germany (459.0 kg)
- United States (378.0 kg)
- Japan (135.0 kg)
- China (95.0 kg)
- Finland (18.0 kg)
- Lithuania (11.0 kg)
- Sweden (8.0 kg)
- South Korea (6.0 kg)
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