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Estonia - Spectrometers And Spectrophotometers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSpectrometers and Spectrophotometers Price in Estonia - 2023
Contents:
- Spectrometers and Spectrophotometers Price in Estonia (FOB) - 2022
- Spectrometers and Spectrophotometers Price in Estonia (CIF) - 2022
- Spectrometers and Spectrophotometers Exports in Estonia
- Spectrometers and Spectrophotometers Imports in Estonia
Spectrometers and Spectrophotometers Price in Estonia (FOB) - 2022
The average spectrometers and spectrophotometers export price stood at $3,454 per unit in 2022, declining by -37.7% against the previous year. Over the period under review, the export price continues to indicate a abrupt decrease. The growth pace was the most rapid in 2015 an increase of 23% against the previous year. The export price peaked at $14,840 per unit in 2017; however, from 2018 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 China ($28,138 per unit), while the average price for exports to Sweden ($1,507 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 Finland (+22.3%), while the prices for the other major destinations experienced mixed trend patterns.
Spectrometers and Spectrophotometers Price in Estonia (CIF) - 2022
In 2022, the average spectrometers and spectrophotometers import price amounted to $11,554 per unit, rising by 7.3% against the previous year. Overall, the import price, however, continues to indicate a mild contraction. The growth pace was the most rapid in 2015 when the average import price increased by 41% against the previous year. The import price peaked at $14,842 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat 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 Poland ($41,814 per unit), while the price for the Netherlands ($4,504 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+21.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Spectrometers and Spectrophotometers Exports in Estonia
In 2022, approx. 1.4K units of spectrometers and spectrophotometers were exported from Estonia; picking up by 55% against 2021. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 65% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, spectrometers and spectrophotometers exports declined modestly to $4.9M in 2022. In general, exports, however, showed a pronounced decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 0.5% against the previous year. Over the period under review, the exports hit record highs at $5.4M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Spectrometers and Spectrophotometers in Estonia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | N/A | N/A | 1.1 | 2.4 | 118.2% |
Netherlands | N/A | N/A | 0.3 | 0.9 | 200.0% |
Finland | 0.3 | 0.3 | 0.2 | 0.2 | -12.6% |
Russia | 0.4 | 0.4 | 0.3 | 0.1 | -37.0% |
Sweden | 4.1 | 3.7 | 1.9 | N/A | -31.9% |
Others | 0.5 | 0.6 | 1.3 | 1.3 | 37.5% |
Total | 5.4 | 5.0 | 5.0 | 4.9 | -3.2% |
Top Export Markets for Spectrometers and Spectrophotometers from Estonia in 2022:
- Belgium (1041.0 units)
- Netherlands (279.0 units)
- Finland (9.0 units)
- Russia (8.0 units)
- Sweden (1.0 units)
Spectrometers and Spectrophotometers Imports in Estonia
In 2022, after three years of growth, there was significant decline in overseas purchases of spectrometers and spectrophotometers, when their volume decreased by -31.6% to 143 units. Overall, imports, however, saw prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of 54%. Imports peaked at 209 units in 2021, and then reduced remarkably in the following year.
In value terms, spectrometers and spectrophotometers imports reduced rapidly to $1.7M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +6.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 38% against the previous year. Over the period under review, imports reached the maximum at $2.3M in 2021, and then dropped remarkably in the following year.
Import of Spectrometers and Spectrophotometers in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 499 | 1,064 | 850 | 387 | -8.1% |
United States | 189 | 57.6 | 179 | 321 | 19.3% |
France | 0.2 | 1.1 | N/A | 235 | 955.2% |
United Kingdom | 128 | 15.1 | 621 | 108 | -5.5% |
Finland | 69.1 | 109 | 29.1 | 88.0 | 8.4% |
Poland | 49.3 | 46.5 | 55.4 | 41.8 | -5.4% |
Belgium | N/A | 20.0 | 40.6 | 41.0 | 43.2% |
China | 48.2 | 95.3 | 15.8 | 35.5 | -9.7% |
Sweden | 71.1 | 21.6 | 104 | 24.5 | -29.9% |
Netherlands | 45.1 | 7.7 | 14.2 | 13.5 | -33.1% |
Norway | 0.5 | 207 | 206 | N/A | 1929.8% |
Others | 258 | 230 | 135 | 356 | 11.3% |
Total | 1,358 | 1,875 | 2,251 | 1,652 | 6.8% |
Top Suppliers of Spectrometers and Spectrophotometers to Estonia in 2022:
- Germany (36.0 units)
- United States (34.0 units)
- United Kingdom (16.0 units)
- France (15.0 units)
- Finland (12.0 units)
- China (5.0 units)
- Sweden (4.0 units)
- Netherlands (3.0 units)
- Belgium (3.0 units)
- Poland (1.0 units)
This report provides an in-depth analysis of the spectrometers and spectrophotometers 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 26515330 - Spectrometers, spectrophotometers... using optical radiations
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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