Metals; Platinum, Semi-Manufactured Price in Estonia - 2022

Metals; Platinum, Semi-Manufactured Price in Estonia (CIF) - 2022

The average metals; platinum, semi-manufactured import price stood at $457,667 per ton in 2022, declining by -95% against the previous year. Over the period under review, the import price recorded a significant curtailment. The pace of growth was the most pronounced in 2016 when the average import price increased by 768% against the previous year. Over the period under review, average import prices hit record highs at $38,620,000 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Finland.

From 2012 to 2022, the rate of growth in terms of prices for Finland amounted to -3.0% per year.

Metals; Platinum, Semi-Manufactured Price in Estonia (FOB) - 2022

In 2022, the average metals; platinum, semi-manufactured export price amounted to $11,838,000 per ton, almost unchanged from the previous year. Over the period under review, the export price saw a abrupt setback. The most prominent rate of growth was recorded in 2017 an increase of 2,330% against the previous year. The export price peaked at $51,630,543 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +42.9% per year.

Metals; Platinum, Semi-Manufactured Imports in Estonia

In 2022, overseas purchases of metals; platinum, semi-manufactureds decreased by -14.3% to 6 kg, falling for the second consecutive year after two years of growth. Overall, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 2,150% against the previous year. As a result, imports reached the peak of 45 kg. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, metals; platinum, semi-manufactured imports reduced dramatically to $2.7K in 2022. Over the period under review, imports recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 3,991% against the previous year. As a result, imports reached the peak of $125K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Metals; Platinum, Semi-Manufactured in Estonia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Finland	N/A	N/A	N/A	2.7	0%
Russia	2.7	N/A	N/A	N/A	0%
China	N/A	0.8	N/A	N/A	0%
Switzerland	N/A	N/A	54.8	N/A	0%
Germany	0.4	N/A	0.6	N/A	22.5%
Sweden	N/A	124	6.4	N/A	-94.8%
United Kingdom	N/A	N/A	1.1	N/A	0%
India	N/A	N/A	0.7	N/A	0%
Others	N/A	N/A	0.1	N/A	0%
Total	3.0	125	63.7	2.7	-3.5%

Top Suppliers of Metals; Platinum, Semi-Manufactured to Estonia in 2022:

Finland (6.0 kg)

Metals; Platinum, Semi-Manufactured Exports in Estonia

In 2022, the amount of metals; platinum, semi-manufactureds exported from Estonia fell sharply to 1 kg, with a decrease of -50% against the previous year's figure. Overall, exports faced a precipitous curtailment.

In value terms, metals; platinum, semi-manufactured exports dropped remarkably to $12K in 2022. Over the period under review, exports recorded a sharp setback.