Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Estonia - 2023

Contents:

  1. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Estonia (CIF) - 2022
  2. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Estonia (FOB) - 2022
  3. Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Estonia
  4. Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Estonia

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Estonia (CIF) - 2022

The average import price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses stood at $1,241 per unit in 2022, reducing by -13.9% against the previous year. In general, the import price recorded a noticeable contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 45%. Over the period under review, average import prices hit record highs at $1,987 per unit in 2014; however, from 2015 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 the Netherlands ($4,129 per unit), while the price for Italy ($1,036 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Estonia (FOB) - 2022

In 2022, the average export price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses amounted to $1,045 per unit, shrinking by -85.7% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average export price increased by 1,031%. Over the period under review, the average export prices attained the peak figure at $7,320 per unit in 2021, and then shrank markedly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($1,074 per unit), while the average price for exports to Latvia totaled $579 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+19.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Estonia

In 2022, after two years of decline, there was significant growth in overseas purchases of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses, when their volume increased by 212% to 240 units. Overall, imports, however, saw a abrupt contraction. Over the period under review, imports of attained the peak figure at 377 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses skyrocketed to $298K in 2022. Over the period under review, imports, however, saw a deep slump. Over the period under review, imports of attained the peak figure at $424K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PolandN/A5.5N/A250574.2%
Italy79.241.626.532.1-26.0%
Netherlands123N/AN/A12.4-53.5%
Hungary18.62.5N/AN/A-86.6%
United Kingdom86.1N/AN/AN/A0%
LithuaniaN/A28.313.6N/A-51.9%
DenmarkN/A36.621.5N/A-41.3%
Others11820.149.33.6-68.8%
Total424135111298-11.1%

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices to Estonia in 2022:

  1. Poland (203.0 units)
  2. Italy (31.0 units)
  3. Netherlands (3.0 units)

Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Estonia

In 2022, after two years of decline, there was significant decline in shipments abroad of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses, when their volume decreased by -91% to 17 units. Overall, exports, however, showed significant growth. Over the period under review, the exports of attained the peak figure at 189 units in 2021, and then shrank rapidly in the following year.

In value terms, exports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses dropped dramatically to $18K in 2022. Over the period under review, exports, however, enjoyed significant growth. Over the period under review, the exports of reached the peak figure at $1.4M in 2021, and then shrank remarkably in the following year.

Export of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
LithuaniaN/AN/A16317.2-89.4%
LatviaN/AN/A43.70.6-98.6%
Russia8.1N/A12.0N/A21.7%
OthersN/AN/A1,165N/A0%
Total8.1N/A1,38317.830.0%

Top Export Markets for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices from Estonia in 2022:

  1. Lithuania (16.0 units)
  2. Latvia (1.0 units)

Source: IndexBox Market Intelligence Platform

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