Ac/Dc Motor Market Overview in Estonia
In value terms, ac/dc motor production amounted to $28M in 2010 estimated in export prices. Over the period under review, ac/dc motor production continues to indicate a deep curtailment. The pace of growth appeared the most rapid in 2010 when production volume increased by 7.4% year-to-year. Over the period under review, ac/dc motor production attained its peak figure level at $48M in 2008; however, from 2009 to 2010, production remained at a lower figure.
The revenue of the ac/dc motor market in Estonia amounted to $25M in 2010, waning by -35.5% 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). Overall, ac/dc motor consumption, however, continues to indicate skyrocketing growth. The pace of growth was the most pronounced in 2009 when the market value increased by 538% year-to-year. In that year, the ac/dc motor market attained its peak level of $38M, and then declined slightly in the following year.