Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Estonia - 2024
Contents:
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Estonia (CIF) - 2022
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Estonia (FOB) - 2022
- Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Estonia
- Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Estonia
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Estonia (CIF) - 2022
In 2022, the average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $0.1 per unit, approximately reflecting the previous year. In general, the import price showed a pronounced reduction. The pace of growth appeared the most rapid in 2018 an increase of 21%. Over the period under review, average import prices hit record highs at $0.1 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($1 per unit), while the price for Turkey (less than $0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Estonia (FOB) - 2022
In 2022, the average export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $73 per thousand units, with an increase of 2.9% against the previous year. Over the period under review, the export price, however, saw a perceptible setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 20%. The export price peaked at $92 per thousand units in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($115 per thousand units), while the average price for exports to Finland ($44 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Estonia
In 2022, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment into Estonia rose rapidly to 734M units, growing by 8.6% compared with the previous year. The total import volume increased at an average annual rate of +2.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 24% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment expanded markedly to $64M in 2022. The total import value increased at an average annual rate of +6.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 23%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
| Import of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 8.8 | 10.2 | 15.3 | 18.4 | 27.9% |
| Germany | 11.8 | 11.2 | 14.6 | 14.6 | 7.4% |
| Italy | 4.5 | 4.0 | 4.9 | 5.6 | 7.6% |
| China | 5.0 | 2.9 | 3.9 | 4.5 | -3.5% |
| Sweden | 3.3 | 5.0 | 5.0 | 4.2 | 8.4% |
| Poland | 1.0 | 0.9 | 1.9 | 2.2 | 30.1% |
| Lithuania | 1.1 | 1.4 | 1.9 | 1.8 | 17.8% |
| United Kingdom | 2.9 | 3.8 | 1.3 | 1.8 | -14.7% |
| France | 4.5 | 2.0 | 1.8 | 1.6 | -29.2% |
| Latvia | 0.4 | 1.7 | 1.2 | 0.9 | 31.0% |
| Czech Republic | 0.9 | 0.5 | 0.7 | 0.6 | -12.6% |
| Turkey | 0.1 | N/A | 0.1 | 0.4 | 58.7% |
| Denmark | 0.3 | 0.5 | 0.4 | 0.4 | 10.1% |
| Others | 8.5 | 4.5 | 6.7 | 7.1 | -5.8% |
| Total | 53.1 | 48.6 | 59.7 | 64.1 | 6.5% |
Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to Estonia in 2022:
- Finland (251.2M units)
- Germany (175.9M units)
- Sweden (55.3M units)
- Italy (51.6M units)
- China (33.7M units)
- Poland (32.2M units)
- Latvia (25.8M units)
- Lithuania (20.5M units)
- Turkey (13.2M units)
- Czech Republic (12.0M units)
- Denmark (10.0M units)
- France (3.5M units)
- United Kingdom (1.8M units)
Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Estonia
In 2022, overseas shipments of electrical circuit prefabricated elements, connectors, contact elements and other equipment decreased by -10.2% to 451M units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports saw a mild contraction. The pace of growth was the most pronounced in 2021 with an increase of 6.7% against the previous year. As a result, the exports reached the peak of 502M units, and then dropped in the following year.
In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment reduced to $33M in 2022. The total export value increased at an average annual rate of +2.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 28% against the previous year. As a result, the exports attained the peak of $36M, and then declined in the following year.
| Export of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 7.0 | 6.2 | 6.5 | 6.3 | -3.5% |
| Sweden | 5.1 | 4.5 | 7.7 | 5.1 | 0.0% |
| Poland | 2.7 | 2.3 | 2.1 | 2.2 | -6.6% |
| Latvia | 1.6 | 1.3 | 1.8 | 1.9 | 5.9% |
| China | 1.6 | 1.3 | 1.1 | 1.8 | 4.0% |
| United Kingdom | 0.7 | 0.8 | 1.7 | 1.5 | 28.9% |
| Norway | 1.5 | 1.4 | 1.6 | 1.4 | -2.3% |
| United States | 0.4 | 0.4 | 0.5 | 1.2 | 44.2% |
| Czech Republic | 0.6 | 0.8 | 1.1 | 1.1 | 22.4% |
| Lithuania | 0.7 | 0.7 | 1.0 | 1.0 | 12.6% |
| Italy | 0.5 | 0.4 | 0.9 | 0.9 | 21.6% |
| Hungary | 0.7 | 0.7 | 0.7 | 0.7 | 0.0% |
| Denmark | 0.6 | 0.6 | 0.6 | 0.6 | 0.0% |
| Others | 6.6 | 6.4 | 8.2 | 7.4 | 3.9% |
| Total | 30.2 | 27.8 | 35.6 | 32.9 | 2.9% |
Top Export Markets for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment from Estonia in 2022:
- Finland (144.8M units)
- Sweden (75.8M units)
- Poland (33.0M units)
- Latvia (24.6M units)
- Czech Republic (18.9M units)
- China (15.4M units)
- Lithuania (14.2M units)
- Hungary (14.2M units)
- United Kingdom (13.5M units)
- United States (11.9M units)
- Norway (11.8M units)
- Denmark (8.3M units)
- Italy (8.0M units)
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