Estonia - Hot-Rolled Bars Of High Speed Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Hot-Rolled High Speed Steel Bar in Estonia - 2023
Contents:
- Price for Hot-Rolled High Speed Steel Bar in Estonia (CIF) - 2022
- Price for Hot-Rolled High Speed Steel Bar in Estonia (FOB) - 2022
- Imports of Hot-Rolled High Speed Steel Bar in Estonia
- Exports of Hot-Rolled High Speed Steel Bar in Estonia
Price for Hot-Rolled High Speed Steel Bar in Estonia (CIF) - 2022
The average import price for hot-rolled bars of high speed steel stood at $26,059 per ton in 2022, picking up by 44% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 97%. Over the period under review, average import prices hit record highs at $31,395 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
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 Finland ($30,643 per ton), while the price for Germany stood at $15,492 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+3.1%), while the prices for the other major suppliers experienced a decline.
Price for Hot-Rolled High Speed Steel Bar in Estonia (FOB) - 2022
In 2022, the average export price for hot-rolled bars of high speed steel amounted to $2,833 per ton, dropping by -90.9% against the previous year. Over the period under review, the export price continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when the average export price increased by 38%. The export price peaked at $31,641 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Norway.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -0.6% per year.
Imports of Hot-Rolled High Speed Steel Bar in Estonia
In 2022, approx. 2.3 tons of hot-rolled bars of high speed steel were imported into Estonia; declining by -60.3% on 2021. In general, imports recorded a precipitous decline. The pace of growth appeared the most rapid in 2021 when imports increased by 17%.
In value terms, hot-rolled high speed steel bar imports declined remarkably to $59K in 2022. Overall, imports saw a dramatic contraction. The smallest decline of -21.8% was in 2021.
Import of Hot-Rolled High Speed Steel Bar in Estonia (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Finland | 93.5 | 116 | 84.8 | 52.4 | -17.6% |
Germany | N/A | 1.8 | 7.9 | 5.7 | 78.0% |
Sweden | 3.8 | 13.7 | 8.9 | N/A | 53.0% |
France | 114 | N/A | N/A | N/A | 0% |
Others | 0.4 | 1.0 | 1.8 | 1.0 | 35.7% |
Total | 212 | 132 | 103 | 59.2 | -34.6% |
Top Suppliers of Hot-Rolled High Speed Steel Bar to Estonia in 2022:
- Finland (1711.0 kg)
- Germany (370.0 kg)
Exports of Hot-Rolled High Speed Steel Bar in Estonia
In 2022, shipments abroad of hot-rolled bars of high speed steel decreased by -99% to 6 kg, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a precipitous curtailment. The pace of growth was the most pronounced in 2020 with an increase of 6.3% against the previous year. As a result, the exports attained the peak of 15 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, hot-rolled high speed steel bar exports fell notably to $17 in 2022. Overall, exports faced a precipitous slump. The smallest decline of -23.2% was in 2020.
Export of Hot-Rolled High Speed Steel Bar in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 433 | 333 | N/A | N/A | -23.1% |
Norway | 0.1 | N/A | 0.2 | N/A | 41.4% |
Finland | N/A | N/A | 19.3 | N/A | 0% |
Others | N/A | 0.1 | N/A | N/A | 0% |
Total | 433 | 333 | 19.5 | N/A | -78.8% |
Top Export Markets for Hot-Rolled High Speed Steel Bar from Estonia in 2022:
- Norway (6.0 kg)
This report provides an in-depth analysis of the market for hot-rolled high speed steel bar 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 24106610 - Hot-rolled bars of high speed steel
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
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