Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Estonia - 2024

Contents:

1. Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Estonia (FOB) - 2024
2. Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Estonia (CIF) - 2024
3. Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Estonia
4. Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Estonia

Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Estonia (FOB) - 2024

The average export price for containers for compressed or liquefied gas, of iron or steel stood at $144 per unit in February 2024, shrinking by -34.6% against the previous month. Overall, the export price, however, recorded noticeable growth. The pace of growth appeared the most rapid in January 2024 when the average export price increased by 211% month-to-month. The export price peaked at $228 per unit in September 2023; however, from October 2023 to February 2024, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In February 2024, the country with the highest price was South Africa ($236 per unit), while the average price for exports to Serbia ($5.5 per unit) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Estonia (CIF) - 2024

In February 2024, the average import price for containers for compressed or liquefied gas, of iron or steel amounted to $76.9 per unit, with a decrease of -85.1% against the previous month. Overall, the import price, however, enjoyed a temperate expansion. The most prominent rate of growth was recorded in January 2024 an increase of 978% m-o-m. As a result, import price reached the peak level of $515 per unit, and then fell rapidly in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($160 per unit), while the price for Bulgaria ($18.9 per unit) was amongst the lowest.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Latvia (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Estonia

In 2022, after three years of growth, there was significant decline in overseas shipments of containers for compressed or liquefied gas, of iron or steel, when their volume decreased by -28.6% to 272K units. Over the period under review, exports, however, continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of 85%. As a result, the exports attained the peak of 381K units, and then declined remarkably in the following year.

In value terms, exports of containers for compressed or liquefied gas, of iron or steel rose markedly to $24M in 2022. In general, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +23.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +89.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 40% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Top Export Markets for Containers for Compressed or Liquefied Gas, of Iron or Steel from Estonia in 2022:

1. Finland (167.5K units)
2. Sweden (31.3K units)
3. Germany (29.1K units)
4. Poland (13.7K units)
5. Norway (6.5K units)
6. Russia (5.4K units)
7. United Kingdom (4.3K units)

Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Estonia

In 2022, the amount of containers for compressed or liquefied gas, of iron or steel imported into Estonia skyrocketed to 86K units, picking up by 34% on 2021. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of containers for compressed or liquefied gas, of iron or steel skyrocketed to $5.1M in 2022. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Containers for Compressed or Liquefied Gas, of Iron or Steel to Estonia in 2022:

1. Czech Republic (13.9K units)
2. Finland (12.1K units)
3. Portugal (10.7K units)
4. Bulgaria (8.9K units)
5. Poland (8.0K units)
6. China (7.5K units)
7. Turkey (5.0K units)
8. Lithuania (4.2K units)
9. Latvia (4.0K units)
10. Italy (3.9K units)
11. Germany (3.7K units)

Source: IndexBox Market Intelligence Platform