Price for Carbides, Whether or Not Chemically Defined in Estonia - 2023

Contents:

  1. Price for Carbides, Whether or Not Chemically Defined in Estonia (CIF) - 2022
  2. Price for Carbides, Whether or Not Chemically Defined in Estonia (FOB) - 2022
  3. Imports of Carbides, Whether or Not Chemically Defined in Estonia
  4. Exports of Carbides, Whether or Not Chemically Defined in Estonia

Price for Carbides, Whether or Not Chemically Defined in Estonia (CIF) - 2022

The average import price for carbides, whether or not chemically defineds stood at $2,450 per ton in 2022, dropping by -63.7% against the previous year. In general, the import price, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2017 an increase of 188% against the previous year. Over the period under review, average import prices reached the peak figure at $13,009 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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 Russia ($2,566 per ton), while the price for Latvia ($1,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+38.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Carbides, Whether or Not Chemically Defined in Estonia (FOB) - 2022

The average export price for carbides, whether or not chemically defineds stood at $10,968 per ton in 2022, approximately equating the previous year. Over the period under review, the export price recorded a significant increase. The growth pace was the most rapid in 2017 an increase of 141% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($12,392 per ton), while the average price for exports to Turkey stood at $660 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+30.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Carbides, Whether or Not Chemically Defined in Estonia

In 2022, the amount of carbides, whether or not chemically defineds imported into Estonia soared to 60 tons, jumping by 6,557% compared with the previous year. Overall, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of carbides, whether or not chemically defineds soared to $147K in 2022. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Carbides, Whether or Not Chemically Defined in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.1N/AN/A1421024.0%
DenmarkN/AN/AN/A4.30%
Others2.73.86.10.7-36.2%
Total2.83.86.1147274.4%

Top Suppliers of Carbides, Whether or Not Chemically Defined to Estonia in 2022:

  1. China (59.7 tons)
  2. Denmark (0.2 tons)

Exports of Carbides, Whether or Not Chemically Defined in Estonia

For the third consecutive year, Estonia recorded decline in shipments abroad of carbides, whether or not chemically defineds, which decreased by 0% to 412 kg in 2022. Overall, exports showed a noticeable curtailment. The smallest decline of -6.6% was in 2020.

In value terms, exports of carbides, whether or not chemically defineds amounted to $4.5K in 2022. Over the period under review, exports showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 41%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Carbides, Whether or Not Chemically Defined in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan2.4N/AN/A4.523.3%
RussiaN/A2.4N/AN/A0%
FinlandN/A1.1N/AN/A0%
TurkeyN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total2.43.5N/A4.523.3%

Top Export Markets for Carbides, Whether or Not Chemically Defined from Estonia in 2022:

  1. Kazakhstan (362.0 kg)
  2. Turkey (50.0 kg)

Source: IndexBox Market Intelligence Platform

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