Within the 2018-2023 timeframe, our forecast models predict growth from 6.4% p.a. in a low scenario to 10.2% p.a. in a high scenario. Accordingly, the industry in Estonia is expected to achieve revenues of between $36 million to $43 million by 2023.

The commercial industrial gas market in Estonia generated revenues of $26.6 million in 2018. This is up from $17.1 million in 2008, indicating an average annual growth rate of 4.9% p.a.

Over the past decade to 2018 GDP increased by approximately 4.1% on average annually. In 2008 and 2009, the global financial crisis stalled growth falling to -14.4% in the worst year of the crisis. However, the economy recovered quickly and has since posted high growth rates over the last 10 years. The rate was measured at 7.8% in 2018.

Published: 2020
Report Data: 2019

Each report contains a 10-year history and 5-year forecast of the respective gas markets.

  • Industrial gas supply structure
  • Companies operating within each country
  • Market structure in terms of demand for gases
  • Macro-economic influences and drivers
  • Future market forecasts
  • Investment potential

For a sample of this report, please contact intelligence@gasworld.com

Cost: $1900 USD

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