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Estonia - Tools, hand; sets, of articles of two or more of the foregoing items - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEstonia: Market for Tools, hand; sets, of articles of two or more of the foregoing items 2024
Market Size for Tools, hand; sets, of articles of two or more of the foregoing items in Estonia
The Estonian market for tools, hand; sets, of articles of two or more of the foregoing itemses contracted to $X,454.3B in 2023, falling by X% against the previous year. Overall, consumption, however, showed a abrupt contraction. Over the period under review, the market hit record highs at $X,388.9B in 2012; however, from 2013 to 2023, consumption remained at a lower figure.
Production of Tools, hand; sets, of articles of two or more of the foregoing items in Estonia
In value terms, production of tools, hand; sets, of articles of two or more of the foregoing itemses fell rapidly to $X,962.6B in 2023 estimated in export price. In general, production, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. Over the period under review, production of tools, hand; sets, of articles of two or more of foregoing itemses hit record highs at $X,983B in 2012; however, from 2013 to 2023, production remained at a lower figure.
Exports of Tools, hand; sets, of articles of two or more of the foregoing items
Exports from Estonia
For the third year in a row, Estonia recorded growth in overseas shipments of tools, hand; sets, of articles of two or more of the foregoing itemses, which increased by X% to X tons in 2023. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. The exports peaked in 2023 and are likely to continue growth in the near future.
In value terms, exports of tools, hand; sets, of articles of two or more of the foregoing itemses surged to $X in 2023. Over the period under review, exports posted significant growth. The pace of growth was the most pronounced in 2013 when exports increased by X%. Over the period under review, the exports of tools, hand; sets, of articles of two or more of foregoing itemses reached the maximum at $X in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.
Exports by Country
Italy (X tons) was the main destination for exports of tools, hand; sets, of articles of two or more of the foregoing itemses from Estonia, with a X% share of total exports. Moreover, exports of tools, hand; sets, of articles of two or more of the foregoing itemses to Italy exceeded the volume sent to the second major destination, Russia (X tons), more than tenfold. Latvia (X kg) ranked third in terms of total exports with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume to Italy amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Latvia (X% per year).
In value terms, Italy ($X) emerged as the key foreign market for tools, hand; sets, of articles of two or more of the foregoing itemses exports from Estonia, comprising X% of total exports. The second position in the ranking was held by Russia ($X), with an X% share of total exports. It was followed by the United States, with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of value to Italy amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and the United States (X% per year).
Export Prices by Country
The average export price for tools, hand; sets, of articles of two or more of the foregoing itemses stood at $X per ton in 2023, reducing by X% against the previous year. Overall, the export price continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2016 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (X%), while the prices for the other major destinations experienced a decline.
Imports of Tools, hand; sets, of articles of two or more of the foregoing items
Imports into Estonia
In 2023, after three years of decline, there was significant growth in purchases abroad of tools, hand; sets, of articles of two or more of the foregoing itemses, when their volume increased by X% to X tons. Overall, imports enjoyed a remarkable increase. Imports peaked at X tons in 2019; however, from 2020 to 2023, imports failed to regain momentum.
In value terms, imports of tools, hand; sets, of articles of two or more of the foregoing itemses surged to $X in 2023. Over the period under review, imports posted perceptible growth. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, imports reached the peak of $X. From 2019 to 2023, the growth of imports of failed to regain momentum.
Imports by Country
In 2023, Greece (X tons) constituted the largest tools, hand; sets, of articles of two or more of the foregoing items supplier to Estonia, accounting for a X% share of total imports. Moreover, imports of tools, hand; sets, of articles of two or more of the foregoing itemses from Greece exceeded the figures recorded by the second-largest supplier, Germany (X tons), tenfold. The third position in this ranking was taken by Slovakia (X tons), with a X% share.
From 2012 to 2023, the average annual growth rate of volume from Greece was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Slovakia (X% per year).
In value terms, the largest tools, hand; sets, of articles of two or more of the foregoing items suppliers to Estonia were Greece ($X), Germany ($X) and Finland ($X), with a combined X% share of total imports. Slovakia, Latvia, Lithuania, Poland, Russia, China, Taiwan (Chinese) and Norway lagged somewhat behind, together comprising a further X%.
Russia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the average import price for tools, hand; sets, of articles of two or more of the foregoing itemses amounted to $X per ton, falling by X% against the previous year. In general, the import price saw a abrupt setback. The pace of growth appeared the most rapid in 2020 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2023, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for tools, hand; sets, of articles of two or more of the foregoing items 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 25733087 - Anvils, portable forges, hand or pedal-operated grinding wheels with frameworks (excluding grindstones and the like presented separately)
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
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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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