Ac/Dc Motor Market Overview in Estonia
In value terms, ac/dc motor production declined slightly to $ in 2018 estimated in export prices. Overall, production, however, saw a pronounced descent. The most prominent rate of growth was recorded in 2011 when the production volume increased by % year-to-year. Estonia production peaked at $ in 2008; however, from 2009 to 2018, production remained at a lower figure.
The value of the ac/dc motor market in Estonia shrank to $ in 2018, falling 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, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 with an increase of % year-to-year. As a result, consumption reached the peak level of $. From 2010 to 2018, the growth of the market remained at a somewhat lower figure.