Estonia - Solar Cells and Light-Emitting Diodes - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Solar Cells and Light-Emitting Diodes in Estonia - 2022
Contents:
- Price for Solar Cells and Light-Emitting Diodes in Estonia (CIF) - 2022
- Price for Solar Cells and Light-Emitting Diodes in Estonia (FOB) - 2022
- Imports of Solar Cells and Light-Emitting Diodes in Estonia
- Exports of Solar Cells and Light-Emitting Diodes in Estonia
Price for Solar Cells and Light-Emitting Diodes in Estonia (CIF) - 2022
The average import price for solar cells and light-emitting diodes stood at $14 per unit in 2022, increasing by 1.6% against the previous year. In general, the import price, however, faced a sharp slump. The growth pace was the most rapid in 2020 an increase of 7%. Over the period under review, average import prices reached the maximum at $150 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($37 per unit), while the price for India ($7.7 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) (-12.2%), while the prices for the other major suppliers experienced a decline.
Price for Solar Cells and Light-Emitting Diodes in Estonia (FOB) - 2022
In 2022, the average export price for solar cells and light-emitting diodes amounted to $8.2 per unit, which is down by -49.4% against the previous year. Overall, the export price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 when the average export price increased by 208% against the previous year. The export price peaked at $43 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($1,146 per unit), while the average price for exports to France ($2.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+27.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Solar Cells and Light-Emitting Diodes in Estonia
In 2022, imports of solar cells and light-emitting diodes into Estonia fell rapidly to 2.2M units, dropping by -15.7% compared with 2021. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +6.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +22.9% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 46% against the previous year. As a result, imports attained the peak of 2.6M units, and then reduced dramatically in the following year.
In value terms, solar cells and light-emitting diodes imports dropped to $31M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +8.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +27.6% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 40%. As a result, imports reached the peak of $36M, and then dropped in the following year.
Import of Solar Cells and Light-Emitting Diodes in Estonia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 9.6 | 15.3 | 5.3 | 12.6 | 9.5% |
Netherlands | 0.6 | 2.5 | 8.9 | 4.9 | 101.4% |
Germany | 2.0 | 4.1 | 8.2 | 4.5 | 31.0% |
Poland | 1.2 | 0.8 | 2.9 | 1.6 | 10.1% |
Finland | 1.0 | 0.6 | 1.5 | 0.9 | -3.5% |
France | 0.2 | 0.5 | 1.3 | 0.7 | 51.8% |
Taiwan (Chinese) | 0.8 | N/A | 0.1 | 0.2 | -37.0% |
India | 0.7 | N/A | 0.3 | 0.2 | -34.1% |
Others | 8.3 | 2.0 | 8.0 | 5.7 | -11.8% |
Total | 24.5 | 26.0 | 36.5 | 31.2 | 8.4% |
Top Suppliers of Solar Cells and Light-Emitting Diodes to Estonia in 2022:
- China (1493.8K units)
- Germany (224.3K units)
- Netherlands (181.3K units)
- France (63.1K units)
- Poland (43.0K units)
- Finland (33.7K units)
- India (26.0K units)
- Taiwan (Chinese) (8.6K units)
Exports of Solar Cells and Light-Emitting Diodes in Estonia
In 2022, approx. 448K units of solar cells and light-emitting diodes were exported from Estonia; with an increase of 86% compared with the previous year's figure. Overall, exports, however, recorded a deep contraction. Over the period under review, the exports attained the peak figure at 655K units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
In value terms, solar cells and light-emitting diodes exports contracted to $3.7M in 2022. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 13% against the previous year. As a result, the exports reached the peak of $3.9M, and then fell in the following year.
Export of Solar Cells and Light-Emitting Diodes in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Latvia | 54.0 | 183 | 948 | 735 | 138.8% |
France | 1,297 | 660 | 648 | 659 | -20.2% |
Finland | 1,288 | 434 | 173 | 477 | -28.2% |
Sweden | 84.0 | 253 | 439 | 341 | 59.5% |
Germany | 11.6 | 10.1 | 251 | 195 | 156.2% |
Norway | N/A | 26.1 | 173 | 134 | 126.6% |
Others | 902 | 1,871 | 1,244 | 1,116 | 7.4% |
Total | 3,637 | 3,437 | 3,876 | 3,656 | 0.2% |
Top Export Markets for Solar Cells and Light-Emitting Diodes from Estonia in 2022:
- France (315.8K units)
- Finland (52.3K units)
- Latvia (24.9K units)
- Norway (14.1K units)
- Sweden (8.5K units)
- Germany (7.2K units)
This report provides an in-depth analysis of the market for solar cells and light-emitting diodes 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 26112220 - Semiconductor light emitting diodes (LEDs)
- Prodcom 26112240 - Photosensitive semiconductor devices, solar cells, photodiodes, p hoto-transistors, etc.
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
-
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
-
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
-
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
-
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
This report provides an in-depth analysis of the market for solar cells and light-emitting diodes in Estonia.
This report provides an in-depth analysis of the semiconductor led market in Estonia.
This report provides an in-depth analysis of the diode market in Estonia.
This report provides an in-depth analysis of the transistor market in Estonia.
This report provides an in-depth analysis of the mounted piezo-electric crystals market in Estonia.
This report provides an in-depth analysis of the semiconductor device market in Estonia.
This report provides an in-depth analysis of the semiconductor thyristor market in Estonia.
This report provides an in-depth analysis of the global market for solar cells and light-emitting diodes.
This report provides an in-depth analysis of the global market for solar cells and light-emitting diodes.
Global Photosensitive Semiconductor Devices Market Report 2018. This report provides an in-depth analysis of the global photosensitive semiconductor devices market.
Global exports of solar cells and light-emitting diodes rose from $56.4 in 2019 to $57.5B in 2020. China remains the leading supplier of solar cells and diodes worldwide, while the U.S. is the largest importer.
The global solar panel market accelerates along with the unabated shift towards renewable energy. China, the leader in solar panel exports, will enjoy robust foreign demand while the domestic purchases may slow due to tariff subsidies cut. The U.S. experiences a surge in solar power generation, thanks to the increasing affordability of solar cells and robust suburban construction. The EU, Asia-Pacific, Mexico and Australia are also emerging as the most promising markets due to the swift adoption of solar generation capacities.
Explore the top import markets for diodes worldwide, including China, Hong Kong SAR, Germany, and more. Gain insights into key statistics and numbers to understand the diode import market.
Global diode imports amounted to X tons in 2016, picking up by X% against the previous year figure. Overall, it indicated a tangible growth from 2007 to 2016: the total imports volume increased ...
Global diode imports amounted to X tons in 2016, picking up by X% against the previous year figure. Overall, it indicated a tangible growth from 2007 to 2016: the total imports volume increased ...
Discover the top import markets for transistors and key statistics in the global market. China, Hong Kong SAR, Germany, Singapore, and more lead the way in transistor imports.
Global exports of solar cells and light-emitting diodes rose from $56.4 in 2019 to $57.5B in 2020. China remains the leading supplier of solar cells and diodes worldwide, while the U.S. is the largest importer.
The global solar panel market accelerates along with the unabated shift towards renewable energy. China, the leader in solar panel exports, will enjoy robust foreign demand while the domestic purchases may slow due to tariff subsidies cut. The U.S. experiences a surge in solar power generation, thanks to the increasing affordability of solar cells and robust suburban construction. The EU, Asia-Pacific, Mexico and Australia are also emerging as the most promising markets due to the swift adoption of solar generation capacities.
Explore the top import markets for diodes worldwide, including China, Hong Kong SAR, Germany, and more. Gain insights into key statistics and numbers to understand the diode import market.
Global diode imports amounted to X tons in 2016, picking up by X% against the previous year figure. Overall, it indicated a tangible growth from 2007 to 2016: the total imports volume increased ...