Estonia - Buckets, Shovels, Grabs and Grips for Ships’ Derricks and Cranes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEstonia: Market for Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes 2024
Market Size for Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes in Estonia
In 2023, the Estonian market for buckets, shovels, grabs and grips for ships derricks and cranes increased by X% to $X, rising for the third consecutive year after two years of decline. Overall, consumption saw prominent growth. Ship derrick buckets and shovels consumption peaked in 2023 and is expected to retain growth in the near future.
Production of Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes in Estonia
In value terms, ship derrick buckets and shovels production declined to $X in 2023 estimated in export price. Over the period under review, the total production indicated a moderate increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, production hit record highs at $X in 2022, and then declined in the following year.
Exports of Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes
Exports from Estonia
In 2023, ship derrick buckets and shovels exports from Estonia declined to X units, reducing by X% against the previous year's figure. Overall, exports recorded a perceptible decrease. The pace of growth was the most pronounced in 2016 when exports increased by X%. As a result, the exports attained the peak of X units. From 2017 to 2023, the growth of the exports remained at a lower figure.
In value terms, ship derrick buckets and shovels exports rose sharply to $X in 2023. In general, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X%. As a result, the exports reached the peak of $X. From 2017 to 2023, the growth of the exports failed to regain momentum.
Exports by Country
Finland (X units) was the main destination for ship derrick buckets and shovels exports from Estonia, accounting for a X% share of total exports. Moreover, ship derrick buckets and shovels exports to Finland exceeded the volume sent to the second major destination, Sweden (X units), threefold. Latvia (X units) ranked third in terms of total exports with a X% share.
From 2012 to 2023, the average annual growth rate of volume to Finland stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (X% per year) and Latvia (X% per year).
In value terms, the largest markets for ship derrick buckets and shovels exported from Estonia were Finland ($X), Azerbaijan ($X) and Latvia ($X), with a combined X% share of total exports. Sweden, China, Germany, Lithuania, Norway and Russia lagged somewhat behind, together comprising a further X%.
China, with a CAGR of X%, saw 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
The average export price for buckets, shovels, grabs and grips for ships derricks and cranes stood at $X per unit in 2023, surging by X% against the previous year. Overall, export price indicated moderate growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, ship derrick buckets and shovels export price increased by X% against 2016 indices. The growth pace was the most rapid in 2022 an increase of X%. Over the period under review, the average export prices attained the peak figure in 2023 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Azerbaijan ($X per unit), while the average price for exports to Finland ($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 Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Buckets, Shovels, Grabs And Grips For Ships’ Derricks And Cranes
Imports into Estonia
After two years of growth, purchases abroad of buckets, shovels, grabs and grips for ships derricks and cranes decreased by X% to X units in 2023. Over the period under review, imports, however, saw a measured increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2022, and then contracted sharply in the following year.
In value terms, ship derrick buckets and shovels imports dropped dramatically to $X in 2023. Overall, imports, however, enjoyed a temperate expansion. The growth pace was the most rapid in 2021 when imports increased by X%. Imports peaked at $X in 2022, and then contracted remarkably in the following year.
Imports by Country
In 2023, China (X units) constituted the largest supplier of ship derrick buckets and shovels to Estonia, with a X% share of total imports. Moreover, ship derrick buckets and shovels imports from China exceeded the figures recorded by the second-largest supplier, Sweden (X units), threefold. The third position in this ranking was taken by Germany (X units), with a X% share.
From 2012 to 2023, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (X% per year) and Germany (X% per year).
In value terms, China ($X), Finland ($X) and Germany ($X) constituted the largest ship derrick buckets and shovels suppliers to Estonia, together comprising X% of total imports. Sweden, the Netherlands, France, Belgium, Poland, Lithuania, the UK, the Czech Republic and Italy lagged somewhat behind, together accounting for a further X%.
Lithuania, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers 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 import price for buckets, shovels, grabs and grips for ships derricks and cranes amounted to $X per unit, standing approx. at the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while the price for China ($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 Czech Republic (X%), while the prices for the other major suppliers experienced more modest paces of growth.
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This report provides an in-depth analysis of the market for ship derrick buckets and shovels 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 28222000 - Buckets, shovels, grabs and grips for ships
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
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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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