Illuminated Sign Price in Estonia - 2022
Contents:
- Illuminated Sign Price in Estonia (FOB) - 2022
- Illuminated Sign Price in Estonia (CIF) - 2022
- Illuminated Sign Exports in Estonia
- Illuminated Sign Imports in Estonia
Illuminated Sign Price in Estonia (FOB) - 2022
The average illuminated sign export price stood at $31,931 per ton in December 2021, growing by 5.8% against the previous month. Over the last eleven months, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in May 2021 an increase of 22% month-to-month. Over the period under review, the average export prices hit record highs at $32,953 per ton in September 2021; however, from October 2021 to December 2021, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In December 2021, the country with the highest price was Norway ($35,089 per ton), while the average price for exports to Latvia ($17,190 per ton) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+3.4%), while the prices for the other major destinations experienced mixed trend patterns.
Illuminated Sign Price in Estonia (CIF) - 2022
In 2022, the average illuminated sign import price amounted to $17,298 per ton, remaining constant against the previous year. Over the last decade, it increased at an average annual rate of +3.8%. The pace of growth was the most pronounced in 2015 an increase of 37% against the previous year. The import price peaked at $19,074 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($33,617 per ton), while the price for Latvia ($10,880 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Illuminated Sign Exports in Estonia
Illuminated sign exports from Estonia dropped to 330 tons in 2022, waning by -12.3% against the previous year's figure. The total export volume increased at an average annual rate of +5.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 32%. As a result, the exports reached the peak of 376 tons, and then declined in the following year.
In value terms, illuminated sign exports reduced to $9.4M in 2022. In general, exports showed a noticeable contraction. The pace of growth was the most pronounced in 2021 with an increase of 37%. As a result, the exports reached the peak of $11M, and then fell in the following year.
| Export of Illuminated Sign in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 2.7 | 3.1 | 4.8 | 4.1 | 14.9% |
| Sweden | 3.9 | 2.3 | 3.4 | 2.9 | -9.4% |
| Finland | 1.6 | 1.5 | 1.4 | 1.2 | -9.1% |
| Denmark | 0.4 | 0.2 | 0.4 | 0.3 | -9.1% |
| Others | 1.4 | 0.8 | 0.8 | 0.9 | -13.7% |
| Total | 10.0 | 7.9 | 10.8 | 9.4 | -2.0% |
Top Export Markets for Illuminated Sign from Estonia in 2022:
- Norway (153.5 tons)
- Sweden (102.7 tons)
- Finland (48.7 tons)
- Denmark (7.3 tons)
Illuminated Sign Imports in Estonia
In 2022, the amount of illuminated signs and illuminated name-plates imported into Estonia contracted significantly to 62 tons, declining by -18.1% compared with the previous year's figure. Over the period under review, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 72%.
In value terms, illuminated sign imports reduced sharply to $1.1M in 2022. In general, imports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 55% against the previous year.
| Import of Illuminated Sign in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 287 | 2.8 | 398 | 297 | 1.1% |
| China | 281 | 188 | 306 | 228 | -6.7% |
| Germany | 17.5 | 25.7 | 159 | 119 | 89.5% |
| Latvia | 144 | 156 | 149 | 110 | -8.6% |
| Finland | 145 | 79.2 | 72.1 | 72.5 | -20.6% |
| Poland | 21.4 | 133 | 42.4 | 48.2 | 31.1% |
| Sweden | 31.5 | 19.2 | 55.4 | 41.3 | 9.4% |
| Slovakia | 101 | 26.8 | 1.2 | 31.6 | -32.1% |
| Ireland | 38.6 | 60.9 | 25.1 | 30.5 | -7.6% |
| Turkey | 22.6 | 26.9 | 9.3 | 14.4 | -13.9% |
| Denmark | 17.0 | 23.6 | 11.7 | 12.8 | -9.0% |
| Others | 250 | 104 | 86.9 | 76.5 | -32.6% |
| Total | 1,356 | 846 | 1,315 | 1,081 | -7.3% |
Top Suppliers of Illuminated Sign to Estonia in 2022:
- Belarus (21.2 tons)
- Latvia (10.1 tons)
- China (8.5 tons)
- Germany (8.1 tons)
- Finland (4.2 tons)
- Sweden (2.1 tons)
- Ireland (1.7 tons)
- Poland (1.4 tons)
- Denmark (1.0 tons)
- Slovakia (1.0 tons)
- Turkey (0.9 tons)
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