Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Estonia - 2023

Contents:

1. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Estonia (CIF) - 2022
2. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Estonia (FOB) - 2022
3. Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Estonia
4. Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Estonia

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Estonia (CIF) - 2022

The average import price for granules and powders, of pig iron, spiegeleisen, iron or steels stood at $1,173 per ton in 2022, rising by 20% against the previous year. Over the period under review, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for granules and powders, of pig iron, spiegeleisen, iron or steels increased by +42.8% against 2018 indices. The growth pace was the most rapid in 2021 when the average import price increased by 21%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

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 Sweden ($1,722 per ton), while the price for Norway ($363 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Estonia (FOB) - 2022

In 2022, the average export price for granules and powders, of pig iron, spiegeleisen, iron or steels amounted to $1,184 per ton, with an increase of 9.9% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 39% against the previous year. The export price peaked at $1,740 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($5,638 per ton), while the average price for exports to Ukraine ($991 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 Finland (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Estonia

In 2022, imports of granules and powders, of pig iron, spiegeleisen, iron or steels into Estonia skyrocketed to 1.3K tons, increasing by 23% on the previous year. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +10.7% 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 +55.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of granules and powders, of pig iron, spiegeleisen, iron or steels skyrocketed to $1.5M in 2022. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 53%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in years to come.

Top Suppliers of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel to Estonia in 2022:

1. Russia (748.6 tons)
2. Czech Republic (191.2 tons)
3. Brazil (134.4 tons)
4. Poland (63.2 tons)
5. Sweden (42.8 tons)
6. Norway (24.7 tons)
7. Latvia (20.9 tons)

Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Estonia

In 2022, exports of granules and powders, of pig iron, spiegeleisen, iron or steels from Estonia soared to 474 tons, jumping by 320% on the previous year's figure. Over the period under review, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of granules and powders, of pig iron, spiegeleisen, iron or steels skyrocketed to $562K in 2022. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel from Estonia in 2022:

1. Ukraine (227.8 tons)
2. Lithuania (194.6 tons)
3. Latvia (30.0 tons)
4. Finland (21.0 tons)
5. Russia (0.6 tons)