Estonia: Market for Domestic Electro-Thermic Appliances other than Heaters, Dryers, Irons, Ovens, Toasters and Coffee Machines 2024

Market Size for Domestic Electro-Thermic Appliances other than Heaters, Dryers, Irons, Ovens, Toasters and Coffee Machines in Estonia

In 2022, after two years of growth, there was significant decline in the Estonian market for domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines, when its value decreased by X% to $X. Overall, consumption, however, continues to indicate a buoyant increase. Consumption of peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Production of Domestic Electro-Thermic Appliances other than Heaters, Dryers, Irons, Ovens, Toasters and Coffee Machines in Estonia

In value terms, production of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines plummeted to $X in 2022 estimated in export price. Over the period under review, production recorded a dramatic slump. Over the period under review, production of reached the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Domestic Electro-Thermic Appliances other than Heaters, Dryers, Irons, Ovens, Toasters and Coffee Machines

Exports from Estonia

In 2022, approx. X units of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines were exported from Estonia; with a decrease of X% against the previous year's figure. Over the period under review, exports showed a significant decline. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, exports of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines surged to $X in 2022. Overall, exports continue to indicate a abrupt descent. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Lithuania (X units), Latvia (X units) and Armenia (X units) were the main destinations of exports of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines from Estonia, with a combined X% share of total exports. Spain, Finland, Russia, Kazakhstan and Belarus lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Lithuania ($X), Latvia ($X) and Armenia ($X) appeared to be the largest markets for domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines exported from Estonia worldwide, with a combined X% share of total exports. Spain, Russia, Finland, Kazakhstan and Belarus lagged somewhat behind, together accounting for a further X%.

Spain, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines amounted to $X per unit, jumping by X% against the previous year. Overall, the export price recorded prominent growth. As a result, the export price attained the peak level 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 Lithuania ($X per unit), while the average price for exports to Spain ($X 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 Belarus (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Domestic Electro-Thermic Appliances other than Heaters, Dryers, Irons, Ovens, Toasters and Coffee Machines

Imports into Estonia

Imports of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines into Estonia contracted to X units in 2022, with a decrease of X% against 2021. In general, imports faced a abrupt contraction. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines declined to $X in 2022. Over the period under review, imports saw a perceptible curtailment. The growth pace was the most rapid in 2014 when imports increased by X%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines to Estonia, with a X% share of total imports. Moreover, imports of domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines from China exceeded the figures recorded by the second-largest supplier, Latvia (X units), sixfold. Slovakia (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Latvia (X% per year) and Slovakia (X% per year).

In value terms, Slovakia ($X), Latvia ($X) and China ($X) were the largest domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines suppliers to Estonia, together comprising X% of total imports.

Among the main suppliers, Slovakia, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for domestic electro-thermic appliances other than heaters, dryers, irons, ovens, toasters and coffee machines amounted to $X per unit, growing by X% against the previous year. Overall, the import price recorded a remarkable increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by X%. The import price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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