Market research

Fans market in Estonia

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The Estonian fans market value fluctuated between 14.9 million USD and 30.5 million USD from 2018 to 2024. The market reached its peak in 2022, when a shift in construction material supply chains away from Sweden towards Latvia and Finland altered import patterns and contributed to a surge in market size. Renovations and improved accessibility at major retail markets in Tallinn and Tartu further supported retail sales during this period.

In earlier years, the market declined in 2019 before recovering through 2020 and 2021. Global technology investment trends, such as Apple's record research and development spending in 2018, indicated expansion into new device categories which may have indirectly influenced the fans market. After the 2022 peak, the market value contracted to 20.3 million USD in 2023 and 19.0 million USD in 2024 without specific reported drivers.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In value
    1. 4.1.1.1. Production, 2018-2024
    2. 4.1.1.2. Imports, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2018-2024
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Estonia
  1. 5.1.1. In kind, 2018-2024, unit
  2. 5.1.2. In value, 2018-2024, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, unit
  2. 5.2.2. In value, 2018-2024, K $ US
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, K unit
    1. 6.1.2.1. Annual dynamics of product's imports to Estonia in kind, 2018-2025, K unit
    2. 6.1.2.2. Dynamics of product's imports in kind to Estonia by countries, 2018-2025, K unit
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Estonia in value, 2018-2025, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Estonia by countries, 2018-2025, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.1.4. Average price of product's imports, $ US/unit
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Estonia, 2018-2025, $ US/unit
    2. 6.1.4.2. Dynamics of average price of product's imports to Estonia by countries, 2018-2025, $ US/unit
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, K unit
    1. 6.2.2.1. Annual dynamics of product's imports to Estonia in kind, 2018-2025, K unit
    2. 6.2.2.2. Dynamics of product's imports in kind to Estonia by countries, 2018-2025, K unit
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Estonia in value, 2018-2025, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Estonia by countries, 2018-2025, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.2.4. Average price of product's imports, $ US/unit
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Estonia, 2018-2025, $ US/unit
    2. 6.2.4.2. Dynamics of average price of product's imports to Estonia by countries, 2018-2025, $ US/unit
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, K unit
    1. 7.1.2.1. Annual dynamics of product's exports from Estonia in kind, 2018-2025, K unit
    2. 7.1.2.2. Dynamics of product's exports in kind from Estonia by countries, 2018-2025, K unit
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Estonia in value, 2018-2025, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Estonia by countries, 2018-2025, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 7.1.4. Average price of product's exports, $ US/unit
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Estonia, 2018-2025, $ US/unit
    2. 7.1.4.2. Dynamics of average price of product's exports from Estonia by countries, 2018-2025, $ US/unit
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, K unit
    1. 7.2.2.1. Annual dynamics of product's exports from Estonia in kind, 2018-2025, K unit
    2. 7.2.2.2. Dynamics of product's exports in kind from Estonia by countries, 2018-2025, K unit
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Estonia in value, 2018-2025, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Estonia by countries, 2018-2025, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 7.2.4. Average price of product's exports, $ US/unit
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Estonia, 2018-2025, $ US/unit
    2. 7.2.4.2. Dynamics of average price of product's exports from Estonia by countries, 2018-2025, $ US/unit
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K unit
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K unit
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2025
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production fans in Estonia

In value, 2018-2021, K $ US

Estonia's fan production declined for the second consecutive year. In 2021, output was valued at 4 720 K $ US, marking a 37.0% decrease compared to 2020. Over the period from 2018 to 2021, production fell by 33.3%, with a compound annual growth rate of 12.6%. The highest value was recorded in 2019 at 10 849 K $ US, which also saw the largest increase of 53.2%.

Annual dynamics of production in Estonia in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	53.2%	(30.9%)	(37.0%)	(12.6%)

Source: SHEV.io

In kind, 2018-2021, unit

Estonia's fan production declined for the third consecutive year. In 2021, 281 units were produced, representing a sharp decline of 49.8% from the previous year. From 2018 to 2021, production decreased by 85.3%, with a compound annual growth rate of 47.2%.

Annual dynamics of production in Estonia in kind, 2018-2021, unit

Parameter		2019	2020	2021	CAGR
1	Change from last year	(6.0%)	(68.8%)	(49.8%)	(47.2%)

Source: SHEV.io

Exports fans from Estonia

Exports in kind, K unit

Market performance showed noticeable fluctuations during this period. Export volumes reached their lowest point in 2021 and peaked in 2019, with a 2.5-fold difference between these years. In 2021, foreign fan supplies from Estonia totaled 82 K units, an abrupt decrease of 54.6% from 2020. The maximum value was recorded in 2019 at 205 K units, which also saw the largest increase of 91.1%.

Annual dynamics of product's exports from Estonia in kind, 2018-2021, K unit

Parameter		2019	2020	2021	CAGR
1	Change from last year	91.1%	(11.7%)	(54.6%)	(8.5%)

Source: SHEV.io

From 2018 to 2021, three main markets—Russia, Sweden, and Finland—together absorbed 76.9% of Estonia's total fan exports in kind.

Structure of product's exports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Estonia in kind, 2018-2021

Source: SHEV.io

Exports in value, K $ US

Cross-border shipments of fans from Estonia declined for the second consecutive year. In 2021, exports amounted to 7 357 K $ US, down by 28.7% from 2020. Over the period from 2018 to 2021, exports decreased by 37.7%, with a compound annual growth rate of 14.6%. The highest value was recorded in 2019 at 18 641 K $ US, which saw the largest increase of 57.9%, while the largest decline occurred in 2020 at 44.7%.

Annual dynamics of product's exports from Estonia in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	57.9%	(44.7%)	(28.7%)	(14.6%)

Source: SHEV.io

Throughout 2018 to 2021, the three largest markets—Finland, Russia, and South Korea—were central to Estonia's fan exports in value terms, together accounting for 66.5% of total flows.

Structure of product's exports in value by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Estonia in value, 2018-2021

Source: SHEV.io

Imports fans to Estonia

Imports in kind, K unit

Market performance exhibited noticeable fluctuations during this period. From 2018 to 2021, import volumes showed a peak-to-trough amplitude of 11.1 times. In 2021, fan volumes in Estonia amounted to 490 K units, which is 8.1% lower compared to the previous year. The largest decline was recorded in 2019 at 90.7%, while the largest increase occurred in 2020 at 5.0%.

Annual dynamics of product's imports to Estonia in kind, 2018-2021, K unit

Parameter		2019	2020	2021	CAGR
1	Change from last year	(90.7%)	5.0%	(8.1%)	(55.2%)

Source: SHEV.io

From 2018 to 2021, the Netherlands, with 68.5% of total flows, and China, with 12.8%, together formed 81.2% of Estonia's total fan imports in kind, with other partners accounting for the remaining volume.

Structure of product's imports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Estonia in kind, 2018-2021

Source: SHEV.io

Imports in value, K $ US

In 2021, fan shipments to Estonia from abroad amounted to 21 380 K $ US, showing an 8.4% year-over-year rise. Over the period from 2018 to 2021, imports increased by 8.8%, with a compound annual growth rate of 2.8%. The maximum value was recorded in 2019 at 21 440 K $ US, which saw the largest increase of 9.1%, while the largest decline occurred in 2020 at 8.0%.

Annual dynamics of product's imports to Estonia in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	9.1%	(8.0%)	8.4%	2.8%

Source: SHEV.io

From 2018 to 2021, China, with 27.1% of imports in value terms, Germany, with 16.5%, and Vietnam, with 11.4%, accounted for the largest share of Estonia's fan imports in value terms, together comprising 55.0% of total flows.

Structure of product's imports in value by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Estonia in value, 2018-2021

Source: SHEV.io