Chalk and Dolomite Price in Estonia - 2023

Contents:

1. Chalk and Dolomite Price in Estonia (CIF) - 2022
2. Chalk and Dolomite Price in Estonia (FOB) - 2022
3. Chalk and Dolomite Imports in Estonia
4. Chalk and Dolomite Exports in Estonia

Chalk and Dolomite Price in Estonia (CIF) - 2022

The average chalk and dolomite import price stood at $99 per ton in 2022, surging by 5.9% against the previous year. Over the period under review, the import price, however, showed a mild downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by 19%. Over the period under review, average import prices hit record highs at $137 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($1,436 per ton), while the price for Finland ($38 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+36.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Chalk and Dolomite Price in Estonia (FOB) - 2022

In 2022, the average chalk and dolomite export price amounted to $859 per ton, increasing by 59% against the previous year. Over the period under review, the export price showed a notable increase. The most prominent rate of growth was recorded in 2021 an increase of 280%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($1,122 per ton), while the average price for exports to Ukraine ($0.4 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iceland (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

Chalk and Dolomite Imports in Estonia

For the fourth consecutive year, Estonia recorded growth in supplies from abroad of chalk and dolomite, which increased by 2.7% to 6.2K tons in 2022. Over the period under review, imports showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 80%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, chalk and dolomite imports rose notably to $610K in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.3% 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 +82.8% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 52% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Top Suppliers of Chalk and Dolomite to Estonia in 2022:

1. Finland (3139.5 tons)
2. Latvia (966.5 tons)
3. Netherlands (920.6 tons)
4. Sweden (850.9 tons)
5. Turkey (220.0 tons)
6. Norway (22.7 tons)
7. China (0.5 tons)

Chalk and Dolomite Exports in Estonia

For the third year in a row, Estonia recorded decline in overseas shipments of chalk and dolomite, which decreased by -44.4% to 78 tons in 2022. Over the period under review, exports showed a precipitous decrease. The smallest decline of -2.3% was in 2020.

In value terms, chalk and dolomite exports fell to $67K in 2022. Overall, total exports indicated notable growth from 2019 to 2022: its value increased at an average annual rate of +4.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -31.0% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 64%. As a result, the exports reached the peak of $97K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Top Export Markets for Chalk and Dolomite from Estonia in 2022:

1. Russia (52.2 tons)
2. Ukraine (11.4 tons)
3. Sweden (7.3 tons)
4. Latvia (5.7 tons)

Source: IndexBox Market Intelligence Platform