Estonia: Amplifier Market 2024

Amplifier Market Size in Estonia

In 2023, the Estonian amplifier market decreased by X% to $X for the first time since 2019, thus ending a three-year rising trend. In general, consumption recorded a relatively flat trend pattern. Amplifier consumption peaked at $X in 2022, and then reduced in the following year.

Amplifier Production in Estonia

In value terms, amplifier production declined notably to $X in 2023 estimated in export price. In general, production, however, faced a dramatic downturn. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Amplifier production peaked at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

Amplifier Exports

Exports from Estonia

In 2023, shipments abroad of amplifiers decreased by X% to X units for the first time since 2020, thus ending a two-year rising trend. Over the period under review, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2022 with an increase of X%. As a result, the exports attained the peak of X units, and then shrank significantly in the following year.

In value terms, amplifier exports shrank to $X in 2023. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2022, and then contracted in the following year.

Exports by Country

Latvia (X units), Lithuania (X units) and the United States (X units) were the main destinations of amplifier exports from Estonia, with a combined X% share of total exports. Italy, Kazakhstan, Azerbaijan, Finland, Poland, Hungary, Mexico, Russia, Kyrgyzstan and the UK lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kyrgyzstan (with a CAGR of X.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for amplifier exported from Estonia were Latvia ($X), Lithuania ($X) and Russia ($X), with a combined X% share of total exports. Finland, Italy, the United States, Kazakhstan, Azerbaijan, Kyrgyzstan, Hungary, the UK, Poland and Mexico lagged somewhat behind, together accounting for a further X%.

Kyrgyzstan, with a CAGR of X.7%, saw the highest rates of growth with regard to the value of exports, among 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

The average amplifier export price stood at $X per unit in 2023, surging by X% against the previous year. Over the period under review, the export price, however, recorded a pronounced decline. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Mexico ($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 Kyrgyzstan (X.8%), while the prices for the other major destinations experienced more modest paces of growth.

Amplifier Imports

Imports into Estonia

In 2023, supplies from abroad of amplifiers decreased by X% to X units for the first time since 2020, thus ending a two-year rising trend. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. As a result, imports reached the peak of X units, and then shrank in the following year.

In value terms, amplifier imports shrank to $X in 2023. In general, imports, however, saw resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2022, and then declined in the following year.

Imports by Country

In 2023, Greece (X units) constituted the largest amplifier supplier to Estonia, accounting for a X% share of total imports. Moreover, amplifier imports from Greece exceeded the figures recorded by the second-largest supplier, Finland (X units), threefold. The third position in this ranking was held by Germany (X units), 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: Finland (X% per year) and Germany (X% per year).

In value terms, the largest amplifier suppliers to Estonia were the Netherlands ($X), Latvia ($X) and Germany ($X), together accounting for X% of total imports.

Among the main suppliers, Latvia, with a CAGR of X%, recorded the highest rates of growth with regard to 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 2023, the average amplifier import price amounted to $X per unit, declining by X% against the previous year. Overall, the import price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. The import price peaked at $X per unit in 2014; however, from 2015 to 2023, 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 Latvia ($X per unit), while the price for Greece ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform