Price for Chain; Articulated Link, Roller, of Iron or Steel in Estonia - 2023

Contents:

1. Price for Chain; Articulated Link, Roller, of Iron or Steel in Estonia (CIF) - 2023
2. Price for Chain; Articulated Link, Roller, of Iron or Steel in Estonia (FOB) - 2022
3. Imports of Chain; Articulated Link, Roller, of Iron or Steel in Estonia
4. Exports of Chain; Articulated Link, Roller, of Iron or Steel in Estonia

Price for Chain; Articulated Link, Roller, of Iron or Steel in Estonia (CIF) - 2023

The average import price for chain; articulated link, roller, of iron or steel stood at $3,963 per ton in October 2023, falling by -53% against the previous month. Over the period under review, the import price saw a deep contraction. The growth pace was the most rapid in December 2022 an increase of 43% against the previous month. The import price peaked at $15,947 per ton in March 2023; however, from April 2023 to October 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the Czech Republic ($154K per ton), while the price for Belgium ($1,034 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Italy (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Chain; Articulated Link, Roller, of Iron or Steel in Estonia (FOB) - 2022

The average export price for chain; articulated link, roller, of iron or steel stood at $10,633 per ton in 2022, with an increase of 69% against the previous year. Over the period under review, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the average export prices hit record highs at $12,222 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($35,933 per ton), while the average price for exports to Russia ($6,448 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 Latvia (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chain; Articulated Link, Roller, of Iron or Steel in Estonia

Imports of chain; articulated link, roller, of iron or steel into Estonia surged to 198 tons in 2022, jumping by 42% against the year before. Overall, imports, however, showed a abrupt decline.

In value terms, imports of chain; articulated link, roller, of iron or steel soared to $1.9M in 2022. In general, total imports indicated a measured expansion from 2019 to 2022: its value increased at an average annual rate of +4.5% 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 +68.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 45% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Top Suppliers of Chain; Articulated Link, Roller, of Iron or Steel to Estonia in 2022:

1. Finland (38.3 tons)
2. Germany (32.6 tons)
3. Italy (26.7 tons)
4. Belgium (22.4 tons)
5. Czech Republic (13.0 tons)
6. Sweden (12.6 tons)
7. France (9.3 tons)
8. Lithuania (8.7 tons)
9. Poland (8.2 tons)
10. Spain (8.0 tons)
11. Latvia (4.3 tons)
12. Netherlands (3.9 tons)
13. United Kingdom (3.5 tons)

Exports of Chain; Articulated Link, Roller, of Iron or Steel in Estonia

In 2022, exports of chain; articulated link, roller, of iron or steel from Estonia declined dramatically to 30 tons, shrinking by -73.9% compared with the year before. Overall, exports continue to indicate a slight slump. The pace of growth was the most pronounced in 2021 with an increase of 314% against the previous year. As a result, the exports reached the peak of 116 tons, and then fell rapidly in the following year.

In value terms, exports of chain; articulated link, roller, of iron or steel fell dramatically to $321K in 2022. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 182%. As a result, the exports attained the peak of $731K, and then contracted rapidly in the following year.

Top Export Markets for Chain; Articulated Link, Roller, of Iron or Steel from Estonia in 2022:

1. Russia (14.9 tons)
2. Kazakhstan (11.4 tons)
3. Latvia (1.0 tons)
4. Lithuania (0.9 tons)
5. Sweden (0.9 tons)
6. Finland (0.6 tons)

Source: IndexBox Market Intelligence Platform