Estonia - Generators For Internal Combustion Engines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEngine Generator Price in Estonia - 2023
Contents:
- Engine Generator Price in Estonia (CIF) - 2023
- Engine Generator Price in Estonia (FOB) - 2022
- Engine Generator Imports in Estonia
- Engine Generator Exports in Estonia
Engine Generator Price in Estonia (CIF) - 2023
In October 2023, the average engine generator import price amounted to $127 per unit, declining by -14.6% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +2.0%. The most prominent rate of growth was recorded in November 2022 an increase of 44% against the previous month. Over the period under review, average import prices hit record highs at $159 per unit in April 2023; however, from May 2023 to October 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($354 per unit), while the price for Italy ($61.8 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Engine Generator Price in Estonia (FOB) - 2022
In 2022, the average engine generator export price amounted to $131 per unit, growing by 7.8% against the previous year. Overall, the export price saw resilient growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by 49%. The export price peaked in 2022 and is likely to see gradual growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($150 per unit), while the average price for exports to Poland ($84 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 Russia (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.
Engine Generator Imports in Estonia
In 2022, the amount of generators for internal combustion engines imported into Estonia rose significantly to 16K units, growing by 10% against the previous year. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +7.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, engine generator imports expanded to $2M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +13.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 37%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Engine Generator in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 198 | 192 | 327 | 400 | 26.4% |
| Finland | 149 | 202 | 282 | 354 | 33.4% |
| Denmark | 279 | 248 | 316 | 313 | 3.9% |
| Latvia | 56.8 | 206 | 287 | 246 | 63.0% |
| Lithuania | 0.9 | 183 | 196 | 162 | 464.6% |
| Germany | 106 | 54.1 | 124 | 138 | 9.2% |
| Sweden | 33.8 | 71.7 | 82.1 | 81.0 | 33.8% |
| Czech Republic | 17.1 | 124 | 77.3 | 63.4 | 54.8% |
| France | 69.1 | 20.7 | 28.9 | 51.1 | -9.6% |
| Belgium | 7.6 | 12.7 | 35.0 | 50.3 | 87.8% |
| Netherlands | 50.9 | 60.0 | 67.0 | 50.0 | -0.6% |
| Italy | 31.1 | 9.0 | 24.9 | 36.7 | 5.7% |
| Japan | 90.9 | N/A | 0.4 | 1.0 | -77.8% |
| Others | 270 | 25.4 | 88.6 | 36.9 | -48.5% |
| Total | 1,360 | 1,409 | 1,937 | 1,984 | 13.4% |
Top Suppliers of Engine Generator to Estonia in 2022:
- Finland (3.6K units)
- Poland (3.4K units)
- Denmark (2.6K units)
- Latvia (1.8K units)
- Lithuania (1.3K units)
- Germany (0.9K units)
- Czech Republic (0.6K units)
- Italy (0.4K units)
- France (0.4K units)
- Netherlands (0.3K units)
- Sweden (0.3K units)
- Belgium (0.2K units)
Engine Generator Exports in Estonia
In 2022, approx. 3.6K units of generators for internal combustion engines were exported from Estonia; dropping by -38.3% against 2021 figures. In general, exports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 244%. As a result, the exports reached the peak of 5.8K units, and then contracted rapidly in the following year.
In value terms, engine generator exports fell significantly to $470K in 2022. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 247% against the previous year. As a result, the exports attained the peak of $707K, and then shrank dramatically in the following year.
| Export of Engine Generator in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 45.8 | 35.3 | 109 | 126 | 40.1% |
| Latvia | 42.3 | 49.7 | 103 | 120 | 41.6% |
| Sweden | 40.0 | 26.4 | 31.6 | 51.2 | 8.6% |
| Poland | 23.2 | 17.6 | 22.5 | 28.7 | 7.3% |
| Lithuania | 4.2 | 6.2 | 133 | 25.6 | 82.7% |
| Russia | 32.5 | 26.9 | 33.6 | 22.4 | -11.7% |
| Denmark | 14.2 | 37.2 | 210 | 15.7 | 3.4% |
| Nigeria | N/A | N/A | 0.3 | N/A | 0% |
| Others | 8.9 | 4.7 | 64.1 | 80.7 | 108.5% |
| Total | 211 | 204 | 707 | 470 | 30.6% |
Top Export Markets for Engine Generator from Estonia in 2022:
- Finland (1029.0 units)
- Latvia (890.0 units)
- Sweden (479.0 units)
- Poland (343.0 units)
- Lithuania (267.0 units)
- Russia (149.0 units)
- Denmark (119.0 units)
This report provides an in-depth analysis of the engine generator 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 29312250 - Generators for internal combustion engines (including dynamos and alternators) (excluding dual-purpose startergenerators)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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