Estonia - Hot-Rolled Wire Rod In Coil Of Stainless Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Hot-Rolled Wire Stainless Steel Rod in Estonia - 2023
Contents:
- Price for Hot-Rolled Wire Stainless Steel Rod in Estonia (CIF) - 2022
- Price for Hot-Rolled Wire Stainless Steel Rod in Estonia (FOB) - 2022
- Imports of Hot-Rolled Wire Stainless Steel Rod in Estonia
- Exports of Hot-Rolled Wire Stainless Steel Rod in Estonia
Price for Hot-Rolled Wire Stainless Steel Rod in Estonia (CIF) - 2022
The average import price for hot-rolled wire rod in coil of stainless steel stood at $4,853 per ton in 2022, rising by 24% against the previous year. In general, the import price, however, showed a pronounced downturn. The pace of growth was the most pronounced in 2017 when the average import price increased by 148%. Over the period under review, average import prices hit record highs at $7,588 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($5,370 per ton), while the price for Lithuania ($1,300 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Hot-Rolled Wire Stainless Steel Rod in Estonia (FOB) - 2022
In 2022, the average export price for hot-rolled wire rod in coil of stainless steel amounted to $6,432 per ton, picking up by 48% against the previous year. In general, the export price, however, saw a dramatic downturn. The export price peaked at $124,500 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($6,880 per ton), while the average price for exports to Finland totaled $6,321 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+21.8%).
Imports of Hot-Rolled Wire Stainless Steel Rod in Estonia
In 2022, the amount of hot-rolled wire rod in coil of stainless steel imported into Estonia surged to 447 tons, with an increase of 39% against the previous year. Overall, imports, however, recorded a abrupt descent.
In value terms, hot-rolled wire stainless steel rod imports soared to $2.2M in 2022. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Hot-Rolled Wire Stainless Steel Rod in Estonia (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Finland | 732 | 765 | 693 | 1,001 | 11.0% |
India | N/A | N/A | N/A | 431 | 0% |
Germany | 0.1 | N/A | 407 | 414 | 1505.7% |
Poland | N/A | 58.9 | 158 | 289 | 121.5% |
Lithuania | 286 | N/A | N/A | 31.5 | -52.1% |
Others | 32.1 | 82.3 | N/A | 1.9 | -61.0% |
Total | 1,050 | 906 | 1,259 | 2,169 | 27.4% |
Top Suppliers of Hot-Rolled Wire Stainless Steel Rod to Estonia in 2022:
- Finland (186.3 tons)
- Germany (88.6 tons)
- India (87.9 tons)
- Poland (59.6 tons)
- Lithuania (24.2 tons)
Exports of Hot-Rolled Wire Stainless Steel Rod in Estonia
Hot-rolled wire stainless steel rod exports from Estonia shrank rapidly to 35 tons in 2022, dropping by -34.1% on the previous year. Over the period under review, exports showed a abrupt decrease. The pace of growth was the most pronounced in 2021 when exports increased by 95% against the previous year. As a result, the exports reached the peak of 53 tons, and then contracted rapidly in the following year.
In value terms, hot-rolled wire stainless steel rod exports fell modestly to $225K in 2022. Overall, exports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 131%. As a result, the exports reached the peak of $230K, and then shrank slightly in the following year.
Export of Hot-Rolled Wire Stainless Steel Rod in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Finland | 82.4 | 74.7 | 136 | 177 | 29.0% |
Latvia | 100 | 21.8 | 93.7 | 47.9 | -21.8% |
Others | N/A | 3.1 | N/A | N/A | 0% |
Total | 183 | 99.7 | 230 | 225 | 7.1% |
Top Export Markets for Hot-Rolled Wire Stainless Steel Rod from Estonia in 2022:
- Finland (27.9 tons)
- Latvia (7.0 tons)
This report provides an in-depth analysis of the market for hot-rolled wire stainless steel rod 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 24106300 - Hot-rolled wire rod in coil, of stainless 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
This report provides an in-depth analysis of the market for hot-rolled wire stainless steel rod in Estonia.
This report provides an in-depth analysis of the market for hot-rolled steel bar and rod in Estonia.
This report provides an in-depth analysis of the market for hot-rolled wire rod in coils in Estonia.
This report provides an in-depth analysis of the global market for hot-rolled wire stainless steel rod.
This report provides an in-depth analysis of the global market for hot-rolled steel bar and rod.
This report provides an in-depth analysis of the global market for hot-rolled wire rod in coils.
This report provides an in-depth analysis of the market for hot-rolled wire stainless steel rod in Estonia.
This report provides an in-depth analysis of the global market for hot-rolled wire stainless steel rod.
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