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Estonia - Cement - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCement Price in Estonia - 2023
Contents:
- Cement Price in Estonia (CIF) - 2022
- Cement Price in Estonia (FOB) - 2022
- Cement Imports in Estonia
- Cement Exports in Estonia
Cement Price in Estonia (CIF) - 2022
The average cement import price stood at $112 per ton in 2022, increasing by 15% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Turkey ($218 per ton), while the price for Latvia totaled $108 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+1.6%).
Cement Price in Estonia (FOB) - 2022
The average cement export price stood at $93 per ton in 2022, surging by 34% against the previous year. Over the last decade, it increased at an average annual rate of +3.8%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($152 per ton), while the average price for exports to Latvia ($90 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 Russia (+52.9%), while the prices for the other major destinations experienced more modest paces of growth.
Cement Imports in Estonia
In 2022, the amount of cement imported into Estonia surged to 251K tons, jumping by 18% against the year before. Over the period under review, imports posted a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 37%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, cement imports surged to $28M in 2022. Overall, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 41%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
Import of Cement in Estonia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Latvia | 9.2 | 11.7 | 18.3 | 26.3 | 41.9% |
Turkey | 0.6 | 0.7 | 0.8 | 1.0 | 18.6% |
Others | 1.9 | 2.3 | 1.7 | 0.7 | -28.3% |
Total | 11.7 | 14.7 | 20.7 | 28.0 | 33.8% |
Top Suppliers of Cement to Estonia in 2022:
- Latvia (242.7K tons)
- Turkey (4.7K tons)
Cement Exports in Estonia
In 2022, the amount of cement exported from Estonia dropped markedly to 23K tons, declining by -65.4% on the previous year's figure. In general, exports recorded a precipitous shrinkage. The growth pace was the most rapid in 2021 when exports increased by 241% against the previous year.
In value terms, cement exports shrank significantly to $2.2M in 2022. Overall, exports saw a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 218%.
Export of Cement in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Latvia | 6,041 | 1,295 | 1,773 | 1,689 | -34.6% |
Norway | 3.6 | 31.5 | 1.5 | 353 | 361.1% |
Finland | 107 | 102 | 74.6 | 94.5 | -4.1% |
Lithuania | 64.8 | 11.7 | 222 | 18.4 | -34.3% |
Sweden | 651 | N/A | 2,518 | 0.6 | -90.3% |
Netherlands | 252 | N/A | N/A | N/A | 0% |
Others | 39.8 | 17.6 | 48.7 | 4.1 | -53.1% |
Total | 7,158 | 1,457 | 4,637 | 2,159 | -32.9% |
Top Export Markets for Cement from Estonia in 2022:
- Sweden (undefinedK tons)
- Latvia (18.7K tons)
- Norway (3.5K tons)
- Finland (0.6K tons)
- Lithuania (0.2K tons)
This report provides an in-depth analysis of the cement market in Estonia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 23511210 - Portland cement
- Prodcom 23511290 - Other hydraulic cements
Country coverage:
- Estonia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Estonia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the cement market in Estonia.
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This report provides an in-depth analysis of the global cement clinker market.
This report provides an in-depth analysis of the cement market in Estonia.
This report provides an in-depth analysis of the cement clinker market in Estonia.
This report provides an in-depth analysis of the global cement market.
This report provides an in-depth analysis of the global cement clinker market.
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