Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Estonia - 2023
Contents:
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Estonia (CIF) - 2022
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Estonia (FOB) - 2022
- Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Estonia
- Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Estonia
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Estonia (CIF) - 2022
The average import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia stood at $14,688 per ton in 2022, approximately equating the previous year. In general, the import price enjoyed a resilient expansion. The growth pace was the most rapid in 2014 an increase of 248% against the previous year. Over the period under review, average import prices attained the peak figure at $22,384 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($45,541 per ton), while the price for Finland ($3,483 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Estonia (FOB) - 2022
The average export price for steel, stainless; semi-finished products, other than of rectangular cross-sectia stood at $3,267 per ton in 2022, dropping by -85.7% against the previous year. Over the period under review, the export price showed a abrupt decrease. The growth pace was the most rapid in 2020 an increase of 101% against the previous year. As a result, the export price reached the peak level of $37,468 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
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 Poland ($74,167 per ton), while the average price for exports to Sweden ($2,870 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 Poland (+26.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Estonia
For the fourth year in a row, Estonia recorded growth in purchases abroad of steel, stainless; semi-finished products, other than of rectangular cross-sectia, which increased by 19% to 18 tons in 2022. Over the period under review, imports enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 67%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia skyrocketed to $271K in 2022. In general, imports recorded a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 79% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 66.5 | 72.1 | 101 | 166 | 35.7% |
| Denmark | 16.7 | 38.1 | 18.1 | 46.1 | 40.3% |
| Finland | 6.7 | 10.3 | 34.1 | 40.6 | 82.3% |
| Germany | N/A | 86.6 | 35.5 | 8.8 | -68.1% |
| United Kingdom | N/A | N/A | 11.5 | 5.2 | -54.8% |
| Latvia | 0.2 | N/A | 0.2 | 4.6 | 184.4% |
| Ukraine | 4.8 | 5.2 | N/A | N/A | 8.3% |
| Others | 24.7 | 2.3 | 25.8 | 0.1 | -84.1% |
| Total | 120 | 215 | 226 | 271 | 31.2% |
Top Suppliers of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section to Estonia in 2022:
- Finland (11.7 tons)
- Sweden (3.6 tons)
- Denmark (1.8 tons)
- Latvia (0.5 tons)
- United Kingdom (0.4 tons)
- Germany (0.4 tons)
Exports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Estonia
In 2022, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia from Estonia soared to 37 tons, increasing by 362% on 2021. Overall, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of steel, stainless; semi-finished products, other than of rectangular cross-sectia fell rapidly to $120K in 2022. Over the period under review, exports, however, continue to indicate a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year.
| Export of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 152 | 112 | 159 | 103 | -12.2% |
| Finland | 120 | 4.8 | 8.4 | 6.8 | -61.6% |
| Norway | 1.8 | 1.9 | 1.7 | 0.5 | -34.8% |
| Others | 0.5 | 1.1 | 12.8 | 9.9 | 170.5% |
| Total | 274 | 120 | 182 | 120 | -24.1% |
Top Export Markets for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section from Estonia in 2022:
- Sweden (35.7 tons)
- Finland (0.4 tons)
- Norway (0.1 tons)
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