Estonia - Static Converters - Market Analysis, Forecast, Size, Trends and Insights
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View PricingStatic Converter Price in Estonia - 2023
Contents:
- Static Converter Price in Estonia (FOB) - 2023
- Static Converter Price in Estonia (CIF) - 2022
- Static Converter Exports in Estonia
- Static Converter Imports in Estonia
Static Converter Price in Estonia (FOB) - 2023
The average static converter export price stood at $83.8 per unit in October 2023, shrinking by -3.3% against the previous month. In general, export price indicated a buoyant increase from October 2022 to October 2023: its price increased at an average monthly rate of +8.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, static converter export price decreased by -5.7% against June 2023 indices. The pace of growth was the most pronounced in November 2022 when the average export price increased by 90% against the previous month. The export price peaked at $88.8 per unit in June 2023; however, from July 2023 to October 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was the United States ($142 per unit), while the average price for exports to Sweden ($71.0 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.
Static Converter Price in Estonia (CIF) - 2022
In 2022, the average static converter import price amounted to $66 per unit, reducing by -14.2% against the previous year. In general, the import price, however, enjoyed perceptible growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 40% against the previous year. As a result, import price reached the peak level of $81 per unit. From 2021 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($184 per unit), while the price for China ($35 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Static Converter Exports in Estonia
In 2022, shipments abroad of static converters decreased by -19.9% to 1.5M units, falling for the second year in a row after two years of growth. Overall, exports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2020 when exports increased by 121%. As a result, the exports reached the peak of 2.3M units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, static converter exports reduced dramatically to $120M in 2022. In general, exports showed a abrupt setback. The pace of growth appeared the most rapid in 2020 when exports increased by 1.8%. As a result, the exports reached the peak of $161M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Static Converter in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 43.6 | 40.1 | 43.8 | 39.8 | -3.0% |
| Germany | 9.3 | 4.5 | 26.3 | 32.2 | 51.3% |
| Sweden | 16.5 | 13.1 | 15.1 | 14.3 | -4.7% |
| United States | 26.2 | 26.4 | 14.9 | 5.1 | -42.0% |
| Russia | 34.5 | 46.3 | 30.2 | 3.9 | -51.6% |
| United Kingdom | 1.1 | 1.3 | 3.5 | 3.2 | 42.8% |
| Egypt | N/A | 0.8 | N/A | 1.7 | 45.8% |
| Turkey | 0.5 | 0.5 | 0.2 | 1.6 | 47.4% |
| Others | 26.0 | 27.8 | 20.2 | 18.5 | -10.7% |
| Total | 158 | 161 | 154 | 120 | -8.8% |
Top Export Markets for Static Converter from Estonia in 2022:
- Finland (736.8K units)
- Sweden (229.7K units)
- Germany (189.6K units)
- Turkey (57.4K units)
- Russia (45.9K units)
- United States (39.8K units)
- Egypt (27.0K units)
- United Kingdom (23.4K units)
Static Converter Imports in Estonia
In 2022, supplies from abroad of static converters increased by 51% to 1.2M units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a perceptible shrinkage. Over the period under review, imports hit record highs at 1.3M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, static converter imports skyrocketed to $77M in 2022. The total import value increased at an average annual rate of +1.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Static Converter in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 17.5 | 16.9 | 20.0 | 19.2 | 3.1% |
| China | 22.2 | 14.4 | 9.6 | 13.1 | -16.1% |
| Germany | 2.4 | 4.6 | 4.0 | 7.5 | 46.2% |
| Czech Republic | 0.8 | 4.6 | 2.2 | 5.4 | 89.0% |
| Netherlands | 0.3 | 2.5 | 2.7 | 3.8 | 133.1% |
| Lithuania | 0.6 | 1.6 | 2.2 | 3.0 | 71.0% |
| Latvia | 1.3 | 2.0 | 2.6 | 3.0 | 32.1% |
| Sweden | 2.0 | 3.2 | 1.8 | 2.5 | 7.7% |
| Poland | 0.7 | 0.9 | 1.4 | 2.4 | 50.8% |
| Italy | 1.0 | 1.7 | 0.8 | 1.4 | 11.9% |
| Others | 23.7 | 15.0 | 12.1 | 15.4 | -13.4% |
| Total | 72.5 | 67.4 | 59.1 | 76.7 | 1.9% |
Top Suppliers of Static Converter to Estonia in 2022:
- China (378.5K units)
- Finland (328.7K units)
- Germany (101.7K units)
- Czech Republic (59.0K units)
- Netherlands (38.9K units)
- Latvia (31.5K units)
- Italy (25.9K units)
- Lithuania (24.0K units)
- Poland (22.0K units)
- Sweden (19.0K units)
This report provides an in-depth analysis of the static converter 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 27115023 -
- Prodcom 27115030 - Rectifiers (excluding of a kind used with telecommunication apparatus, automatic data-processing machines and units thereof)
- Prodcom 27115033 - Accumulator chargers
- Prodcom 27115035 -
- Prodcom 27115040 - Power supply units for telecommunication apparatus, a utomatic data-processing machines and units thereof
- Prodcom 27115053 - Inverters having a power handling capacity . 7,5 kVA
- Prodcom 27115055 - Inverters having a power handling capacity > 7,5 kVA
- Prodcom 27115070 - Static converters (excluding polycrystalline semiconductors, c onverters specially designed for welding, without welding equipment, accumulator chargers, rectifiers, inverters)
- Prodcom 27904130 -
- Prodcom 27904140 -
- Prodcom 27904153 -
- Prodcom 27904155 -
- Prodcom 27904170 -
- Prodcom 27904190 -
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.
-
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
-
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
-
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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