Belt And Bandolier Market Overview in Estonia
In value terms, belt and bandolier production expanded markedly to $ in 2019 estimated in export prices. In general, production recorded a resilient increase. The most prominent rate of growth was recorded in 2014 when the production volume increased by % year-to-year. Belt and bandolier production peaked at $ in 2017; however, from 2018 to 2019, production remained at a lower figure.
The revenue of the belt and bandolier market in Estonia rose to $ in 2019, growing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, showed a mild reduction. The pace of growth was the most pronounced in 2014 when the market value increased by % y-o-y. Belt and bandolier consumption peaked at $ in 2007; however, from 2008 to 2019, consumption remained at a lower figure.