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Estonia - Non-Household Ventilation Fans - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Household Fan Price in Estonia - 2023
Contents:
- Non-Household Fan Price in Estonia (CIF) - 2023
- Non-Household Fan Price in Estonia (FOB) - 2022
- Non-Household Fan Imports in Estonia
- Non-Household Fan Exports in Estonia
Non-Household Fan Price in Estonia (CIF) - 2023
The average non-household fan import price stood at $130 per unit in October 2023, shrinking by -29.2% against the previous month. Overall, the import price showed a slight slump. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 40% against the previous month. Over the period under review, average import prices reached the peak figure at $196 per unit in March 2023; however, from April 2023 to October 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Lithuania ($204 per unit), while the price for Norway ($21.0 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Sweden (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Household Fan Price in Estonia (FOB) - 2022
The average non-household fan export price stood at $67 per unit in 2022, dropping by -22.7% against the previous year. Over the period under review, the export price saw a slight descent. The pace of growth appeared the most rapid in 2018 an increase of 63%. As a result, the export price attained the peak level of $180 per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($165 per unit), while the average price for exports to Latvia ($26 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 Russia (+13.8%), while the prices for the other major destinations experienced mixed trend patterns.
Non-Household Fan Imports in Estonia
In 2022, overseas purchases of non-household ventilation fans were finally on the rise to reach 155K units after two years of decline. In general, imports, however, saw a sharp decline. Imports peaked at 349K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, non-household fan imports soared to $22M in 2022. The total import value increased at an average annual rate of +4.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Non-Household Fan in Estonia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 4.6 | 5.8 | 3.8 | 3.7 | -7.0% |
Germany | 3.1 | 3.0 | 3.3 | 3.4 | 3.1% |
Netherlands | 1.0 | 0.7 | 1.0 | 2.8 | 40.9% |
Vietnam | 1.4 | 0.5 | 1.5 | 2.7 | 24.5% |
Denmark | 1.6 | 1.2 | 1.7 | 2.4 | 14.5% |
Finland | 0.9 | 1.3 | 1.9 | 2.1 | 32.6% |
Poland | 0.3 | 0.4 | 0.6 | 0.7 | 32.6% |
Lithuania | 0.1 | 0.3 | 0.5 | 0.6 | 81.7% |
Sweden | 1.0 | 0.7 | 0.8 | 0.5 | -20.6% |
Italy | 1.1 | 0.3 | 0.3 | 0.2 | -43.3% |
Thailand | 1.1 | 0.1 | 0.1 | N/A | -69.8% |
Hungary | 0.5 | N/A | N/A | N/A | 0% |
Others | 2.2 | 1.4 | 1.7 | 2.5 | 4.4% |
Total | 19.1 | 15.7 | 17.1 | 21.6 | 4.2% |
Top Suppliers of Non-Household Fan to Estonia in 2022:
- Netherlands (44.7K units)
- Germany (18.7K units)
- Vietnam (18.5K units)
- China (18.1K units)
- Finland (15.9K units)
- Lithuania (9.8K units)
- Poland (6.5K units)
- Denmark (4.7K units)
- Sweden (1.8K units)
- Italy (1.3K units)
- Thailand (0.1K units)
Non-Household Fan Exports in Estonia
After two years of decline, overseas shipments of non-household ventilation fans increased by 27% to 98K units in 2022. Overall, exports, however, saw a perceptible decrease. The exports peaked at 113K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, non-household fan exports fell modestly to $6.5M in 2022. Over the period under review, exports, however, showed a dramatic curtailment. Over the period under review, the exports attained the peak figure at $17M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Non-Household Fan in Estonia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Finland | 6.0 | 3.3 | 2.8 | 1.6 | -35.6% |
Russia | 2.2 | 1.7 | 1.0 | 1.2 | -18.3% |
United States | 0.1 | 0.2 | 0.6 | 0.6 | 81.7% |
Sweden | 0.9 | 0.9 | 0.5 | 0.6 | -12.6% |
South Korea | 3.1 | 1.1 | 0.1 | 0.5 | -45.6% |
Norway | 0.5 | 0.6 | 0.4 | 0.5 | 0.0% |
China | 3.0 | 0.5 | 0.5 | 0.4 | -48.9% |
Latvia | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
Turkey | 0.6 | N/A | N/A | N/A | 0% |
Others | 1.0 | 0.4 | 0.6 | 0.9 | -3.5% |
Total | 17.5 | 8.8 | 6.6 | 6.5 | -28.1% |
Top Export Markets for Non-Household Fan from Estonia in 2022:
- Norway (14.2K units)
- Sweden (13.6K units)
- South Korea (12.7K units)
- Finland (11.7K units)
- United States (9.2K units)
- Russia (7.0K units)
- China (6.9K units)
- Latvia (6.5K units)
- Turkey (0.6K units)
This report provides an in-depth analysis of the non-household fan 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 2030.
Product coverage:
- Prodcom 28252030 - Axial fans (excluding table, floor, wall, window, ceiling or roof fans with a self-contained electric motor of an output . .125 W)
- Prodcom 28252050 - Centrifugal fans (excluding table, floor, wall, window, ceiling or roof fans with a self-contained electric motor of an output. .125 W)
- Prodcom 28252070 - Fans (excluding table, floor, wall, ceiling or roof fans with a self-contained electric motor of an output . .125 W, axial fans, c entrifugal fans)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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