Report Update: May 1, 2024

Estonia - Electromagnets And Electromagnetic Lifting Heads - Market Analysis, Forecast, Size, Trends And Insights

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Electromagnetic Lifting Head Price in Estonia - 2023

Electromagnetic Lifting Head Price in Estonia (FOB) - 2022

In 2022, the average electromagnetic lifting head export price amounted to $71,455 per ton, growing by 12% against the previous year. In general, the export price saw pronounced growth. The growth pace was the most rapid in 2020 when the average export price increased by 88% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($129,912 per ton), while the average price for exports to Finland ($65,390 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.

Electromagnetic Lifting Head Price in Estonia (CIF) - 2022

The average electromagnetic lifting head import price stood at $51,900 per ton in 2022, leveling off at the previous year. Over the period under review, the import price posted a strong increase. The pace of growth appeared the most rapid in 2020 an increase of 103% against the previous year. As a result, import price attained the peak level of $53,780 per ton. From 2021 to 2022, the average 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 Germany ($89,456 per ton), while the price for Taiwan (Chinese) ($12,027 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+20.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Electromagnetic Lifting Head Exports in Estonia

In 2022, shipments abroad of electromagnets and electromagnetic lifting heads decreased by -45.3% to 30 tons, falling for the second year in a row after two years of growth. Over the period under review, exports faced a sharp decrease. The most prominent rate of growth was recorded in 2020 with an increase of 43%. As a result, the exports reached the peak of 199 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, electromagnetic lifting head exports reduced remarkably to $2.1M in 2022. Overall, exports saw a deep slump. The pace of growth was the most pronounced in 2020 when exports increased by 169% against the previous year. As a result, the exports attained the peak of $8.3M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Electromagnetic Lifting Head in Estonia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Finland	2,374	6,310	1,675	1,565	-13.0%
Singapore	246	267	378	282	4.7%
United States	12.0	N/A	61.2	79.4	87.7%
Germany	120	81.2	81.5	67.6	-17.4%
United Kingdom	0.3	0.1	39.7	58.2	478.9%
Others	323	1,627	1,198	57.8	-43.6%
Total	3,075	8,285	3,433	2,110	-11.8%

Top Export Markets for Electromagnetic Lifting Head from Estonia in 2022:

Finland (23.9 tons)
Singapore (2.7 tons)
Germany (0.8 tons)
United Kingdom (0.7 tons)
United States (0.6 tons)

Electromagnetic Lifting Head Imports in Estonia

In 2022, the amount of electromagnets and electromagnetic lifting heads imported into Estonia declined dramatically to 17 tons, reducing by -28.1% compared with the previous year's figure. In general, imports saw a precipitous setback. The smallest decline of -23% was in 2021.

In value terms, electromagnetic lifting head imports declined remarkably to $887K in 2022. Overall, imports showed a abrupt downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 41% against the previous year. As a result, imports reached the peak of $1.7M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Electromagnetic Lifting Head in Estonia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Finland	222	201	377	202	-3.1%
Switzerland	76.1	154	158	181	33.5%
Germany	146	899	256	101	-11.6%
Sweden	76.4	88.0	97.7	93.7	7.0%
Poland	50.7	47.5	41.8	55.0	2.8%
Latvia	224	30.0	46.3	43.2	-42.2%
Italy	18.6	18.2	31.4	38.8	27.8%
China	89.8	17.2	37.2	30.5	-30.2%
Spain	0.5	1.0	8.7	14.2	205.1%
Ukraine	N/A	N/A	N/A	9.9	0%
Denmark	10.3	7.6	5.9	8.5	-6.2%
Taiwan (Chinese)	16.1	7.7	3.9	5.0	-32.3%
Russia	19.9	31.5	62.8	1.5	-57.8%
Others	223	158	92.0	103	-22.7%
Total	1,173	1,660	1,218	887	-8.9%

Top Suppliers of Electromagnetic Lifting Head to Estonia in 2022:

Finland (3.8 tons)
China (2.4 tons)
Switzerland (2.1 tons)
Sweden (1.5 tons)
Poland (1.4 tons)
Latvia (1.3 tons)
Germany (1.1 tons)
Italy (0.7 tons)
Denmark (0.5 tons)
Ukraine (0.4 tons)
Taiwan (Chinese) (0.4 tons)
Spain (0.3 tons)
Russia (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the electromagnetic lifting head 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 27904060 - Electromagnets and electromagnetic lifting heads, and their parts (excluding magnets for medical use), electromagnetic or permanent magnet chucks, clamps and similar holding devices and their parts, n.e.c.
Prodcom 27904560 -

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023