Price for Book-Binding Machinery; Including Book-Sewing Machines in Estonia - 2023

Contents:

  1. Price for Book-Binding Machinery; Including Book-Sewing Machines in Estonia (CIF) - 2022
  2. Price for Book-Binding Machinery; Including Book-Sewing Machines in Estonia (FOB) - 2022
  3. Imports of Book-Binding Machinery; Including Book-Sewing Machines in Estonia
  4. Exports of Book-Binding Machinery; Including Book-Sewing Machines in Estonia

Price for Book-Binding Machinery; Including Book-Sewing Machines in Estonia (CIF) - 2022

The average import price for book-binding machinery; including book-sewing machineses stood at $940 per unit in 2022, jumping by 50% against the previous year. Over the period under review, the import price saw perceptible growth. The growth pace was the most rapid in 2017 when the average import price increased by 151% against the previous year. As a result, import price attained the peak level of $1,137 per unit. From 2018 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($6,051 per unit), while the price for Poland ($304 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+57.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Book-Binding Machinery; Including Book-Sewing Machines in Estonia (FOB) - 2022

The average export price for book-binding machinery; including book-sewing machineses stood at $482 per unit in 2022, increasing by 311% against the previous year. Overall, the export price posted a remarkable increase. The pace of growth was the most pronounced in 2020 when the average export price increased by 612%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($754 per unit), while the average price for exports to the UK ($100 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 (+2.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Book-Binding Machinery; Including Book-Sewing Machines in Estonia

In 2022, supplies from abroad of book-binding machinery; including book-sewing machineses decreased by -33.4% to 1.2K units, falling for the second consecutive year after two years of growth. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 80% against the previous year. As a result, imports attained the peak of 2.1K units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, book-binding machinery; including book-sewing machines imports stood at $1.1M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +15.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 38%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

Import of Book-Binding Machinery; Including Book-Sewing Machines in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12.217.848.9419225.1%
Switzerland161N/A76.537933.0%
BelgiumN/AN/A80.312758.2%
Germany32732.951865.2-41.6%
Poland14.843.497.637.836.7%
Japan72.2N/A24325.7-29.1%
Latvia74.944.915.824.9-30.7%
SwedenN/AN/A1.818.4922.2%
India3.34759.15.216.4%
Cyprus1.7N/AN/AN/A0%
AustriaN/A237N/AN/A0%
Others56.614632.621.5-27.6%
Total7239981,1231,12415.8%

Top Suppliers of Book-Binding Machinery; Including Book-Sewing Machines to Estonia in 2022:

  1. China (654.0 units)
  2. Switzerland (230.0 units)
  3. Poland (124.0 units)
  4. Germany (70.0 units)
  5. Latvia (32.0 units)
  6. Sweden (21.0 units)
  7. Belgium (21.0 units)
  8. Japan (19.0 units)
  9. India (5.0 units)

Exports of Book-Binding Machinery; Including Book-Sewing Machines in Estonia

In 2022, approx. 427 units of book-binding machinery; including book-sewing machineses were exported from Estonia; which is down by -63.5% on the previous year. Over the period under review, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 211% against the previous year. As a result, the exports attained the peak of 1.2K units, and then reduced notably in the following year.

In value terms, book-binding machinery; including book-sewing machines exports surged to $206K in 2022. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 347% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Book-Binding Machinery; Including Book-Sewing Machines in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania3.54.01.8185275.3%
United KingdomN/AN/AN/A10.60%
AlbaniaN/AN/AN/A7.40%
Hong Kong SAR16.5N/AN/AN/A0%
SwedenN/A0.90.6N/A-33.3%
Poland0.3N/AN/AN/A0%
TurkmenistanN/A95.2N/AN/A0%
TurkeyN/AN/A99.8N/A0%
Others5.414.735.13.1-16.9%
Total25.7115137206100.1%

Top Export Markets for Book-Binding Machinery; Including Book-Sewing Machines from Estonia in 2022:

  1. Lithuania (245.0 units)
  2. United Kingdom (106.0 units)
  3. Albania (70.0 units)

Source: IndexBox Market Intelligence Platform

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