| Product Code: ETC5405019 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Estonia`s automotive import market continues to thrive, with top exporters like Germany, Poland, China, Finland, and Italy dominating in 2024. The low concentration of the Herfindahl-Hirschman Index (HHI) suggests a diverse import landscape, promoting healthy competition and consumer choice. The impressive Compound Annual Growth Rate (CAGR) of 8.13% from 2020 to 2024 reflects sustained market expansion. Notably, the growth rate surged by 15.34% in 2024, indicating a robust momentum in the automotive import sector, likely driven by evolving consumer preferences and economic factors.

The Automotive market in Estonia is projected to grow at a negative growth rate of -0.08% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Estonia Automotive Market Overview |
3.1 Estonia Country Macro Economic Indicators |
3.2 Estonia Automotive Market Revenues & Volume, 2021 & 2031F |
3.3 Estonia Automotive Market - Industry Life Cycle |
3.4 Estonia Automotive Market - Porter's Five Forces |
3.5 Estonia Automotive Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
4 Estonia Automotive Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of the population leading to higher purchasing power for vehicles |
4.2.2 Government incentives and subsidies for electric and hybrid vehicles promoting sustainable transportation |
4.2.3 Growing awareness and demand for advanced safety features in vehicles |
4.3 Market Restraints |
4.3.1 Economic uncertainty impacting consumer confidence and willingness to make big-ticket purchases |
4.3.2 Volatility in fuel prices affecting consumer preferences towards more fuel-efficient vehicles |
4.3.3 Regulatory changes and tariffs impacting import costs and pricing of vehicles |
5 Estonia Automotive Market Trends |
6 Estonia Automotive Market Segmentations |
6.1 Estonia Automotive Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Estonia Automotive Market Revenues & Volume, By Electric, 2021-2031F |
6.1.3 Estonia Automotive Market Revenues & Volume, By Hybrid Electric, 2021-2031F |
6.1.4 Estonia Automotive Market Revenues & Volume, By Plug-In Hybrid Electric, 2021-2031F |
6.1.5 Estonia Automotive Market Revenues & Volume, By Mild Hybrid, 2021-2031F |
6.1.6 Estonia Automotive Market Revenues & Volume, By Natural Gas, 2021-2031F |
6.1.7 Estonia Automotive Market Revenues & Volume, By Fuel Cell Electric, 2021-2031F |
6.1.9 Estonia Automotive Market Revenues & Volume, By Petrol, 2021-2031F |
6.1.10 Estonia Automotive Market Revenues & Volume, By Petrol, 2021-2031F |
7 Estonia Automotive Market Import-Export Trade Statistics |
7.1 Estonia Automotive Market Export to Major Countries |
7.2 Estonia Automotive Market Imports from Major Countries |
8 Estonia Automotive Market Key Performance Indicators |
8.1 Average age of vehicles on the road in Estonia |
8.2 Percentage of electric and hybrid vehicles in total vehicle registrations |
8.3 Number of road accidents and fatalities per year |
9 Estonia Automotive Market - Opportunity Assessment |
9.1 Estonia Automotive Market Opportunity Assessment, By Product Type, 2021 & 2031F |
10 Estonia Automotive Market - Competitive Landscape |
10.1 Estonia Automotive Market Revenue Share, By Companies, 2024 |
10.2 Estonia Automotive Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |