Estonia: Calendering Machine Market 2024

Calendering Machine Market Size in Estonia

The Estonian calendering machine market soared to $X in 2023, surging by X% against the previous year. Overall, consumption saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Calendering Machine Production in Estonia

In value terms, calendering machine production reached $X in 2023 estimated in export price. Over the period under review, production continues to indicate a significant expansion. The growth pace was the most rapid in 2021 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2022 to 2023, production growth remained at a somewhat lower figure.

Calendering Machine Exports

Exports from Estonia

Calendering machine exports from Estonia dropped remarkably to X units in 2023, which is down by X% compared with the year before. In general, exports recorded a deep slump. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. The exports peaked at X units in 2022, and then declined markedly in the following year.

In value terms, calendering machine exports declined notably to $X in 2023. Over the period under review, exports showed a deep reduction. The pace of growth was the most pronounced in 2019 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2020; however, from 2021 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Lithuania (X units) was the main destination for calendering machine exports from Estonia, accounting for a X% share of total exports. Moreover, calendering machine exports to Lithuania exceeded the volume sent to the second major destination, Norway (X units), threefold.

From 2012 to 2023, the average annual growth rate of volume to Lithuania amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (X% per year) and Latvia (X% per year).

In value terms, the largest markets for calendering machine exported from Estonia were Lithuania ($X), Latvia ($X) and Norway ($X).

Among the main countries of destination, Lithuania, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2023, the average calendering machine export price amounted to $X per unit, increasing by X% against the previous year. Overall, the export price, however, recorded a abrupt shrinkage. The growth pace was the most rapid in 2019 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2020 to 2023, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per unit), while the average price for exports to Lithuania ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Norway (X%), while the prices for the other major destinations experienced more modest paces of growth.

Calendering Machine Imports

Imports into Estonia

In 2023, the amount of calendering and rolling machines imported into Estonia fell rapidly to X units, reducing by X% on 2022 figures. Over the period under review, imports saw a precipitous contraction. The growth pace was the most rapid in 2019 with an increase of X%. As a result, imports reached the peak of X units. From 2020 to 2023, the growth of imports remained at a lower figure.

In value terms, calendering machine imports fell rapidly to $X in 2023. Overall, imports saw a deep reduction. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Imports peaked at $X in 2021; however, from 2022 to 2023, imports remained at a lower figure.

Imports by Country

Latvia (X units), Switzerland (X units) and Italy (X units) were the main suppliers of calendering machine imports to Estonia, with a combined X% share of total imports.

From 2020 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Latvia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X) constituted the largest supplier of calendering and rolling machines to Estonia, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with an X% share of total imports. It was followed by Latvia, with a X% share.

From 2020 to 2023, the average annual growth rate of value from Switzerland totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Latvia (X% per year).

Import Prices by Country

The average calendering machine import price stood at $X per unit in 2023, dropping by X% against the previous year. Overall, the import price recorded a significant decline. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2022 to 2023, 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 the UK ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2020 to 2023, the most notable rate of growth in terms of prices was attained by Russia (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform