Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Estonia - 2024

Contents:

1. Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Estonia (CIF) - 2022
2. Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Estonia (FOB) - 2022
3. Imports of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Estonia
4. Exports of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Estonia

Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Estonia (CIF) - 2022

In 2022, the average import price for tube or pipe fittings of non-malleable cast iron amounted to $7,852 per ton, which is down by -15.9% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 171%. As a result, import price reached the peak level of $12,149 per ton. From 2021 to 2022, the average import prices failed to regain momentum.

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 Lithuania ($85,250 per ton), while the price for China ($2,348 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+34.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Estonia (FOB) - 2022

The average export price for tube or pipe fittings of non-malleable cast iron stood at $5,449 per ton in 2022, reducing by -14% against the previous year. In general, the export price recorded a perceptible curtailment. The pace of growth was the most pronounced in 2021 an increase of 128% against the previous year. The export price peaked at $22,995 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($7,196 per ton), while the average price for exports to Finland ($4,364 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 (-1.4%), while the prices for the other major destinations experienced a decline.

Imports of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Estonia

In 2022, the amount of tube or pipe fittings of non-malleable cast iron imported into Estonia stood at 110 tons, with an increase of 1.5% on the year before. In general, total imports indicated tangible growth from 2019 to 2022: its volume increased at an average annual rate of +3.0% 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 +54.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 52%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of tube or pipe fittings of non-malleable cast iron reduced to $862K in 2022. Overall, imports recorded a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 91%.

Top Suppliers of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron to Estonia in 2022:

1. China (29.9 tons)
2. Italy (25.7 tons)
3. Spain (15.3 tons)
4. Ukraine (12.3 tons)
5. Switzerland (8.5 tons)
6. Finland (7.1 tons)
7. Poland (5.2 tons)
8. Latvia (0.6 tons)

Exports of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Estonia

In 2022, overseas shipments of tube or pipe fittings of non-malleable cast iron decreased by -58.2% to 1.1 tons, falling for the second year in a row after two years of growth. Overall, exports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 3,570%. As a result, the exports reached the peak of 31 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of tube or pipe fittings of non-malleable cast iron contracted dramatically to $6.1K in 2022. In general, exports faced a deep slump. The most prominent rate of growth was recorded in 2020 when exports increased by 687%. As a result, the exports attained the peak of $85K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron from Estonia in 2022:

1. Lithuania (422.0 kg)
2. Sweden (296.0 kg)
3. Finland (198.0 kg)
4. South Korea (99.0 kg)
5. Russia (53.0 kg)
6. Latvia (48.0 kg)

Source: IndexBox Market Intelligence Platform